Retail industry
Trump says furniture tariffs are coming later this year
A shopper looks at chairs for sale at an At Home store in Queens, New York City, U.S., July 15, 2025. Kylie Cooper | Reuters The Trump administration has launched an investigation into imported furniture, President Donald Trump said Friday, setting the stage for new tariffs on a wide range of products. “Within the next […]
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Tariffs aren’t dealing a huge blow to big retailers and consumers — yet. Here are key earnings takeaways
Customer with shopping cart in the snack aisle of a Walmart store in Florida City, Florida in the on August 5, 2025. JC Milhet | AFP | Getty Images As some of the biggest names in retail, including Walmart and Home Depot, delivered earnings results in recent weeks, they updated Wall Street on how they […]
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Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’
Fast Money Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’ Published Thu, Aug 21 20257:37 PM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source
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Chipotle teams up with Zipline to test drone delivery
Chipotle is teaming up with drone delivery leader Zipline to test autonomous food delivery. Beginning Thursday, select customers in the greater Dallas area will have the option to use the so-called Zipotle delivery through an early access program in the Zipline app. Zipline’s autonomous aircraft will deliver orders to customers’ homes from a Rowlett, Texas Chipotle […]
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Starbucks expands test of coconut water beverages as it leans into health and wellness
Starbucks’ Coco Matcha and Coco Cold Brew drinks. Courtesy: Starbucks Starbucks will expand its test of coconut water beverages to hundreds of more stores, as it leans further into health and wellness. Starting Thursday, the coffee giant will test its Coco Matcha and Coco Cold Brew drinks in more than 400 stores across major cities […]
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Walmart will report earnings before the bell. Here’s what to expect
The logos of Walmart and Sam’s Club are pictured in Cuautitlan Izcalli, Mexico, January 30, 2025. Raquel Cunha | Reuters Walmart will report quarterly earnings on Thursday, as economists and investors try to gauge how U.S. consumers are responding to President Donald Trump’s decision to raise tariffs on dozens of countries across the globe. Here’s […]
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As Target chases a comeback, its new CEO must take on skeptical investors and customers
People walk by a Target store in midtown Manhattan in New York City, March 21, 2025. Kylie Cooper | Reuters When Target’s new CEO Michael Fiddelke steps into the role in early February, he will inherit a company facing slumping sales, faltering customer loyalty and skeptical investors. Its fiscal second-quarter results posted Wednesday illustrated the […]
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Claire’s sells most of its North American business after filing for bankruptcy
Jewelry is displayed at a Claire’s store on June 23, 2025 in Novato, California. Justin Sullivan | Getty Images Claire’s announced Wednesday that it is selling most of its North American business to private equity firm Ames Watson, just weeks after the jewelry retailer declared bankruptcy. The companies did not disclose any financial details of […]
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TJ Maxx parent company TJX beats earnings expectations, raises full-year guidance despite tariff pressure
Shoppers come and go the TJ Maxx store at the Mall at Prince George’s on August 17, 2022 in Hyattsville, Maryland. Chip Somodevilla | Getty Images TJX Cos. on Wednesday reported earnings and revenue that beat Wall Street’s expectations and raised its full year guidance, as the discounter behind T.J. Maxx, Marshalls and HomeGoods said […]
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Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and stock slump
Target’s Chief Operating Officer Michael Fiddelke will take over as CEO from Brian Cornell. Courtesy of Target Target on Wednesday said that company veteran Michael Fiddelke will become its next CEO at a critical point in its effort to break out of a sales slump and win back Wall Street’s favor. Fiddelke, the company’s 49-year-old […]
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