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Stocks making the most important moves premarket: Palo Alto Networks, Apple, Target & extra
In this article TGT PANW AAPL Abide by your favorite stocksBuild Absolutely free ACCOUNT Traders on the ground of the NYSE, June 1, 2023. Resource: NYSE Check out out the companies earning headlines in premarket trading. Apple — The tech giant’s shares rose about 1% in advance of Apple’s Globally Builders Convention, which kicks off […]
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Boycotts hit stocks hard. Here’s what might be next for Bud, Target and others caught in the anti-Pride backlash
Pride Month merchandise is displayed at a Target store on May 31, 2023 in San Francisco, California. Justin Sullivan | Getty Images Even before Pride month was underway, it seems as if it was open season on companies celebrating the LGBTQ community. One by one, companies have come under an expanding attack. Anheuser-Busch, Target, Kohl’s […]
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Buy Buy Baby draws sale interest in Bed Bath & Beyond bankruptcy, one bidder looks to save stores
A Buy Buy Baby store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images Bed Bath & Beyond is expected to be dissolved after the failed retailer declared bankruptcy, but the company’s crown jewel – Buy Buy Baby – may live to see another […]
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Many Walmart shoppers will soon see new packaging as retailer tries to cut waste
Walmart is swapping out plastic mailers for paper mailers that customers can recycle. Walmart BENTONVILLE, Ark. — Shoppers who click the “buy” button on Walmart‘s website and pick up items curbside will soon spot a difference: new packaging. The nation’s largest retailer will roll out changes to eliminate waste across its business, it said Thursday. […]
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Most Americans say companies should publicly support LGBTQ+ community, new GLAAD survey finds
10’000 Hours | DigitalVision | Getty Images A clear majority of Americans who don’t identify as LGBTQ+ believe companies should publicly support the community, according to a new survey from gay rights organization GLAAD. About 70% of more than 2,500 adults who don’t identify as lesbian, gay, bisexual, transgender, queer or an otherwise member of […]
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Stocks making the biggest moves premarket: Macy’s, Salesforce, Dollar General & more
In this article CHWY OKTA AI M Follow your favorite stocksCREATE FREE ACCOUNT People walk past Macy’s on January 26, 2023 in New York City. US gross domestic product increased at an annual rate of 2.9% in the fourth quarter of 2022. Leonardo Munoz | Corbis News | Getty Images Check out the companies making […]
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Not just shoplifting: Here’s why companies say retail theft is such a big deal
For several years, the terms shrink, retail crime and organized retail theft have echoed from the mouths of politicians, police officers, trade groups and the country’s most prominent retail executives. Politicians and police departments have sounded the alarm about rising retail theft, and are calling for stricter enforcement and prosecution to fight it. Trade groups […]
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Best Buy shares rise on earnings beat, even as electronics sales slow
Televisions are seen for sale at a Best Buy store in New York City. Andrew Kelly | Reuters Best Buy on Thursday topped Wall Street’s quarterly earnings expectations, but its sales missed estimates and it reiterated expectations for weaker spending on consumer electronics this year. The retailer affirmed the outlook it shared in March. It expects full-year revenue […]
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American Eagle Outfitters shares plunge as retailer lowers forecast
A view of an American Eagle Outfitters store in Arlington, Virginia. Erin Scott | Reuters Shares of American Eagle Outfitters dropped Wednesday in after-hours trading, as the company lowered its full-year outlook. The company cut its forecast, even as it matched Wall Street’s quarterly earnings expectations and beat revenue expectations. The mall retailer said it […]
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Here’s why retailers are beating earnings estimates, even with lackluster revenue
Here is the major vital from suppliers this earnings season: Margins are keeping up and that’s driving earnings beats even amid additional tepid profits trends. As evident above the past few of weeks, buyer paying continues to be somewhat cautious overall. Customers are more thoroughly scrutinizing purchases of discretionary products. That is all led to […]
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