[ad_1] Target is stressing value this holiday season, as consumers feel pinched by inflation. At its store in New Jersey, signs that advertise low-priced items are more prominent than in previous years. Melissa Repko | CNBC FAIRFIELD, N.J. — Inside of this large store in the suburbs, Target is trying …
Read More »Third Point could see big returns from small changes at Bath & Body Works
[ad_1] A shopper browses inside a Bath & Body Works store in Las Vegas, Nevada, U.S., on Sunday, Nov. 7, 2021. Bridget Bennett | Bloomberg | Getty Images Company: Bath & Body Works (BBWI) Business: Bath & Body Works is a specialty retailer of home fragrance, body care, soaps and …
Read More »This is Goldman Sachs’ favorite retail stock for 2023
[ad_1] Investors are carefully watching the retail sector going into 2023 for signs of a slowing economy and consumer weakness. Still, there are some stocks that are poised to gain even in an uncertain environment, according to Goldman Sachs. Overall, the firm expects real consumer spending to grow by 1.6% …
Read More »Ulta Beauty (ULTA) earnings Q3 2022
[ad_1] Shoppers line up outside of Ulta Beauty before the 6am opening on Black Friday. Aimee Dilger | LightRocket | Getty Images Ulta Beauty on Thursday boosted its outlook and surpassed Wall Street’s expectations for quarterly earnings and sales, as shoppers kept replenishing their makeup bags even while paying more …
Read More »Strong labor report could bring bigger Fed hikes
[ad_1] CNBC’s Jim Cramer on Monday told investors that a key labor report could help drive the Federal Reserve’s inflation strategy. “We need to see the unemployment rate go higher, while wages remain stable and we get meaningful layoffs in some industries. If that doesn’t happen, if the numbers are …
Read More »Here’s what Black Friday sales tell us about the retail sector — and our top pick
[ad_1] The holiday shopping season got off to a solid start over the weekend, as Black Friday’s online sales beat expectations and started to build some much-needed momentum for the retail sector. According to Adobe’s online sales tracker, consumers shelled out a record $9.12 billion shopping online on Black Friday. …
Read More »Retail expert Dana Telsey breaks down the holiday season’s potential winners and losers
[ad_1] This holiday season, Telsey Advisory Group CEO Dana Telsey expects more in-store shoppers and a movement away from spending on home improvement to clothing and beauty as consumers exit the pandemic mindset. But not all retail companies are on equal footing. “I think this holiday season’s gonna be about …
Read More »Inflation-weary shoppers to see more holiday sales, discounts in 2022
[ad_1] People walk stores offering sales at a shopping mall in Santa Anita, California on December 20, 2021. Frederic J. Brown | AFP | Getty Images Grocery and energy prices have spiked, and credit card interest rates are climbing, but shoppers can expect some relief as they start holiday shopping. …
Read More »Holiday bargains will dent retail profits. Investors can get an edge
[ad_1] Everyone loves a deal and consumers this holiday season can expect more savings in stores thanks to a glut of inventory at some of their favorite retailers. While the surplus merchandise is a boon for consumers, it does mean a potential hit to profitability for retailers — even if …
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