Retail industry
Bath & Body Works is a buy as inflation runs hot, Cowen says
Bath & Body Works is poised for growth after a pullback this year, according to Cowen. Source
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Surging prices force consumers to ask: Can I live without it?
A pedestrian carries shopping bags in the Herald Square area of New York, U.S., on Wednesday, April 13, 2022. Calla Kessler | Bloomberg | Getty Images Sandy Magny plans to take her teenage daughter to West Palm Beach, Florida, this summer, even though airfares are surging. It won’t be cheap, but Magny doesn’t want to […]
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Amazon workers won’t get paid for Covid leave anymore
A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon is cutting paid time off for front-line U.S. workers who test positive for Covid-19, effective Monday. All U.S.-based Amazon workers who […]
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The path to profitability: Why some struggling resale names could triumph in the long-run
Resale is becoming an increasingly popular option for socially conscious consumers, but stocks in the sector have plummeted post-IPO. Source
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Their son suffered horrible injuries, so these parents built a ‘Field of Dreams’ for kids of all abilities
A first of its kind inclusive complex, the RWJBarnabas Health Field of Dreams, will open Saturday in Toms River, New Jersey. The grand opening of the $3.6 million facility comes after nearly five years of planning and pandemic-related delays and challenges. The Toms River complex will focus on serving children with physical and social disabilities. […]
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BJ’s Wholesale says judge should toss Walmart’s patent lawsuit over self-checkout app
Warehouse club BJ’s Wholesale is calling on a federal judge to toss a patent lawsuit filed by Walmart, saying the retail giant is trying to protect a self-checkout app that’s based on technology that retailers have used for more than a decade. “Nothing about Sam’s Club’s Scan & Go processes is inventive or unconventional; indeed, […]
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Victoria’s Secret is taking its beauty business to Amazon in its first-ever wholesale test
Beginning Friday, shoppers will find an assortment of roughly 120 Victoria’s Secret beauty items, including lotions and fragrances, on Amazon. Source: Victoria’s Secret Victoria’s Secret is taking its beauty business to Amazon, marking the lingerie company’s first major tie-up with another retailer to sell its goods. With Friday’s launch, about 120 different products including branded […]
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Walmart unveils activewear line with fashion and fitness couple Michelle Smith and Stacey Griffith
Fashion designer Michelle Smith and SoulCycle instructor Stacey Griffith are debuting their activewear line, Love & Sports, at Walmart. The line is designed to be fashion-forward, with vibrant colors and unique fabrics. Walmart Over the past two years, fashion designer Michelle Smith and SoulCycle instructor Stacey Griffith have touched dozens of fabrics, spitballed brand names […]
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1-800-Flowers shares sink as retailer cuts outlook over waning consumer demand
Chris McCann, CEO, 1-800-Flowers Scott Mlyn | CNBC Valentine’s Day wasn’t enough for 1-800-Flowers last quarter. Shares of the company tumbled 15% Thursday and hit a fresh 52-week low of $9.13, after the online retailer reported fiscal third-quarter results below analysts’ expectations and slashed its outlook for the year amid heightened inflation and waning demand […]
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Eli Lilly obesity drug data shines, shares rise
The Eli Lilly logo is shown on one of the company’s offices in San Diego, California, September 17, 2020. Mike Blake | Reuters Eli Lilly and Co on Thursday said its potential blockbuster obesity drug achieved a goal of helping patients lose more than 20% of their weight in a late-stage clinical trial, and its […]
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