Retail industry
Bed Bath & Beyond says it will share its comeback strategy next week
Signage is displayed outside of a Bed Bath & Beyond Inc. store in Los Angeles, California, U.S., on Monday, Sept. 19, 2016. Patrick T. Fallon | Bloomberg | Getty Images Bed Bath & Beyond said Thursday that it will soon share its turnaround strategy, as it burns through cash and tries to win back customers […]
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Here’s how Peloton CEO Barry McCarthy’s turnaround plan is going
A Peloton show room displays bikes and treadmills on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Images Peloton investors are fleeing after the company’s discouraging fourth quarter. But CEO Barry McCarthy is trying to convince them to stick around for what he says will be a comeback story. Shares fell nearly […]
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Dollar Tree’s stock tumbles as rival Dollar General’s bet on food and groceries pays off
All dollar stores are not created equal. Look at what’s happening between Dollar General and Dollar Tree if you want proof. Both dollar stores beat earnings forecasts, but what’s important lies within the retailers’ outlooks. Dollar General raised its same-store sales guidance for the fiscal year and it’s now above Wall Street’s expectations. It’s predicting […]
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Fired Amazon union organizer at Kentucky warehouse alleges retaliation
The direct organizer of a rising campaign to unionize a Kentucky Amazon warehouse claims the corporation fired him in retaliation for his attempts, in accordance to a cost he filed with federal labor officials. Matt Littrell, 22, says he was fired on Friday just after a year and a 50 percent working for the firm, […]
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Amazon bought Entire Meals five a long time back for $13.7 billion. Here is what’s altered at the large-close grocer
Five yrs in the past, Amazon closed its $13.7 billion obtain of Whole Foods, by considerably the greatest acquisition ever for the e-commerce and cloud computing large. Considering the fact that then, Amazon has created a lot of alterations to the specialty grocer, from lowering price ranges to embedding checkout technologies in its 500-additionally U.S. […]
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Shares of Dollar Tree fall after company cuts guidance, citing investments in competitive pricing
Dollar General and Dollar Tree stores Getty Images Shares of Dollar Tree fell Thursday after the company cut its financial outlook for the year, citing its investments in offering more competitive prices at its Family Dollar stores. The move came after the company reported second-quarter earnings that topped Wall Street estimates by a penny, while […]
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Why even more Americans are arming up with AR-15 guns
The AR-15 is one of the most controversial weapons in America. Lightweight and easily customizable AR-15 style weapons have skyrocketed in popularity in recent years, taking center stage at gun ranges and shooting competitions across the country. Advocates say the weapons are a symbol of freedom, and important for personal safety. “I am smaller and less […]
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Peloton experiences significant decline, drop in income as the business grinds through its turnaround plan
A person walks earlier a Peloton retail store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Photos Peloton on Thursday documented widening losses and slumping gross sales in its fiscal fourth quarter as the related health gear maker tries to win again traders with cost cuts and strategic shifts. Shares declined […]
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Federal ‘ghost gun’ regulations go into effect after judges reject challenges
AR-15 style rifles are displayed for sale at Firearms Unknown, a gun store in Oceanside, California, U.S., April 12, 2021. Bing Guan | Reuters New Biden administration rules that put homemade firearm kits used to build “ghost guns” in the same legal category as traditional firearms went into effect on Wednesday, after federal judges declined […]
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We’re starting a new position in a stock that will benefit from retail’s inventory glut
Excess inventory has been a common theme throughout earning season. Source
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