Retail
Walmart mulls $1.2-bln investment in China as trade tension de-escalates
Continuing the efforts to bring innovation in its business and stay relevant in rapidly changing retail industry, Walmart (WMT) this…
Pier 1 Imports posts wider-than-expected Q1 2020 loss
Pier 1 Imports Inc. (NYSE: PIR) reported a wider loss in the first quarter of 2020 due to the recently…
Earnings: Rite Aid reports bigger-than-expected Q1 loss; stock falls
Pharmacy retailer Rite Aid Corporation (NYSE: RAD) reported a net loss for the first quarter of 2020 that is wider…
How Amazon’s rivals vie to grab a slice of the Prime Day pie
The extension of Amazon (Nasdaq: AMZN) Prime Day, the one-day discount sale organized for premium customers annually, to 48 hours…
Earnings preview: Walgreens unlikely to perform any miracle in Q3
Walgreens Boots Alliance (NASDAQ: WBA) is set to release its earnings results for the third quarter of 2019 on Thursday…
Earnings preview: Pier 1 Imports unlikely to post strong Q1 2020 results
Pier 1 Imports Inc. (NYSE: PIR) is scheduled to report its earnings results for the first quarter of fiscal 2020…
Earnings preview: Rite Aid unlikely to deliver any surprise in Q1
Rite Aid Corporation (NYSE: RAD) was on the verge of being delisted after the stock price slipped to a record…
CarMax Q1 profit rises 12%, beats estimates
CarMax Inc. (NYSE: KMX) reported a 12% jump in earnings for the first quarter of 2020 driven by strong conversion,…
PetMed Express stock falls to a 4-year low on competition worries
PetMed Express Inc. (NASDAQ: PETS) stock dropped to a 4-year low of $15.85 on Thursday as pressure has been mounting…
Can Walgreens and CVS Health resist the online invasion of pharmacy sector?
A research report that came out recently predicted that the online pharmacy market is set to grow to $85 billion…
Kroger Q1 profit dips 62% but meets estimates
The Kroger Co. (NYSE: KR) reported a 62% dip in earnings for the first quarter of 2019 due to lower…
Walmart turns to Indian startups for entrepreneurial talent to boost growth
With the rising competition in the retail sphere forcing companies to innovate and advance, department store chain Walmart’s (NYSE: WMT)…
Earnings preview: What to expect from CarMax Q1 2020 results?
CarMax (NYSE: KMX) is scheduled to report its earnings results for the first quarter of 2020 on Friday before the…
La-Z-Boy stock dips on weak Q4 earnings
La-Z-Boy Incorporated (NYSE: LZB) reported a 96% dip in earnings for the fourth quarter of 2019 due to the termination…
Lululemon launches new personal care product line
Lululemon Athletica Inc. (NASDAQ: LULU) has launched a new personal care product line with four new products in an effort…
Pet supplies retailer Chewy surges 70% on Wall Street debut
Picture courtesy: Crepessuzette (Pixabay) Online pet supplies retailer Chewy (NYSE: CHWY) had a blockbuster Wall Street debut Friday as the…