Retail
Streaming partnership with MGM kicks off a new era for Walmart
Walmart (WMT) might not have ever considered diversifying its business to video-on-demand service unless arch-rival Amazon (AMZN) had successfully proved…
Why Target is a better investment than Walmart this holiday season
It’s that time of the year when retailers rejoice and customers shop till they drop. As usual, two big-box retailers…
Costco Q4 sales beat; stock falls amid warning of ‘weakness’ in financial reporting
Higher sales, both in stores and online, pushed up Costco’s (COST) fourth-quarter earnings, which came in line with Wall Street…
Walmart recalls camp axes due to injury hazard
The US Consumer Product Safety Commission (CPSC) announced Wednesday in a recall notice that Walmart (WMT) is taking back 246,000…
Constellation Brands brews earnings beat in Q2
Constellation Brands Inc. (STZ) topped market estimates on sales and earnings for the second quarter of 2019. Shares were up…
Pier 1 stock plunges on disappointing Q2 results
Pier 1 Imports (PIR) reported its second quarter results after the market closed. Pier 1 stock dipped about 3% as…
Amazon ‘stealing’ eBay sellers?
While expanding its reach to new markets across the world, Amazon (AMZN) also evolved as the preferred selling platform for…
JCPenney appoints Jill Soltau as CEO
JCPenney (JCP) announced today that Jill Soltau will be the new CEO effective October 15, 2018. Solatu comes with more…
PepsiCo tops Q3 revenue and earnings estimates; updates outlook
PepsiCo Inc. (PEP) beat market estimates on revenue and earnings for the third quarter of 2018. Despite the positive results,…