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July 31, 2021

American Eagle Outfitters Inc

Victoria’s Secret details comeback plan after L Brands split, admits it lost relevance with women

CNBC
CNBC – For more and to sign up click here Victoria’s Secret is planning a major comeback when it splits from L Brands next month, after years of declining sales and diminished relevance with women. The lingerie company will change its name to Victoria’s Secret & Co. when it lists......

Levi’s and American Eagle among stocks set to benefit from enhanced child tax credit, Cramer says

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CNBC – For more and to sign up click here The enhanced child tax credit going into effect in the coming days will have big implications for the stock market, CNBC’s Jim Cramer said Tuesday. As families across the country prepare their children to return to school this fall, grocery......

From Aerie to Zara, retailers are turning viral TikTok moments into sales gold

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CNBC – For more and to sign up click here A TikTok logo seen displayed on a smartphone. Filip Radwanski | SOPA Images | LightRocket | Getty Images When a Lululemon skort went viral across TikTok earlier this summer, 16-year-old Kylie knew she had to get her hands on it.......

Shuttered fitting rooms anger shoppers and boost returns. How these retailers are trying to fix that

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CNBC – For more and to sign up click here Marcos del Mazo | LightRocket | Getty Images On a recent trip to the fast-fashion retailer Zara, 20-year-old Katherine Hearden loaded up on tops, shorts and dresses in multiple sizes. With Zara’s dressing rooms still closed due to Covid-related restrictions,......

Cramer highlights 5 ‘low-effort’ stocks for retail investors

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CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday pointed to a handful of stock ideas that will take little effort to research, understand and follow the underlying companies. He highlighted automaker Ford, big-box retailer Costco, apparel retailer American Eagle Outfitters, internet giant Amazon......

American Eagle is the latest apparel retailer to crush estimates as teens head back to the mall

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CNBC – For more and to sign up click here A shopper wearing a protective mask walks past a sale sign at an American Eagle Outfitters Inc. clothing store at Westfield San Francisco Centre in San Francisco, California, U.S., on Thursday, June 18, 2020. Michael Short | Bloomberg | Getty......

Stock futures rebound cautiously amid economic optimism, bitcoin comeback

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CNBC – For more and to sign up click here The New York Stock Exchange welcomes Lightning eMotors (NYSE: ZEV), on May 24, 2021, in celebration of its transition to a public company. NYSE Stock futures ticked marginally higher after the market stalled Tuesday, with major indexes ending the regular......

Cramer’s week ahead: Big week of earnings with Snowflake and Toll Brothers reporting

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CNBC – For more and to sign up click here CNBC’s Jim Cramer is eager to begin focusing back on the stock market, but the cryptocurrency craze is still capturing Wall Street’s attention. He expects that bitcoin and other speculative coins will continue to be top of mind, and the......

Stocks could be volatile in week ahead amid turbulence from cryptocurrency

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CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange. Source: NYSE The trading pattern of the past two weeks – particularly alongside cryptocurrency’s movements – suggests stocks could continue to be volatile in the week ahead. Investors are watching......

Victoria’s Secret parent L Brands posts larger-than-expected profit as retailer sells more full-price items

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CNBC – For more and to sign up click here Shoppers pass in front of a Victoria’s Secret store at a mall in San Diego, California, April 22, 2021. Bing Guan | Bloomberg | Getty Images Victoria’s Secret parent L Brands on Wednesday reported first-quarter earnings and sales that topped......

Investors are being driven out of the flashy stocks into ‘boring’ names as the economy grows, Jim Cramer says

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CNBC – For more and to sign up click here Many stocks that were up in Monday’s session will continue winning, while those that declined will likely keep melting down, CNBC’s Jim Cramer said. “The stocks that held up today are the ones that belong to companies with products that......

Cramer rejects Buffett’s stance on stock picking, endorses a hybrid investing model

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CNBC – For more and to sign up click here CNBC’s Jim Cramer on Monday rejected Warren Buffett’s assertion that Wall Street’s new retail investors stay away from individual stock picking in favor of investing in index funds. “I respect Warren Buffett, but I’ll always be a Peter Lynch guy,”......

Retail stocks surge as Florida and New York announce plans to lift Covid restrictions

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CNBC – For more and to sign up click here A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC A number of retail stocks surged Monday as investors looked for ways to buy into the economy reopening, after several large states further loosened Covid restrictions or......

The post-pandemic spending spree has begun. Here are 6 things Americans are buying

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CNBC – For more and to sign up click here Shoppers wearing protective masks carry bags on Market Street in San Francisco, California, on Wednesday, April 14, 2021. David Paul Morris | Bloomberg | Getty Images Shoppers are emerging from their cocoons and aspiring to switch it up from sweatpants,......

American Eagle Outfitters CEO expects ‘Roaring 20s’-like boom for malls post-pandemic

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CNBC – For more and to sign up click here American Eagle Outfitters CEO Jay Schottenstein said Thursday that the U.S. shopping mall “is not dead” and that the decade is shaping up to be a boon for business. The apparel retailer anticipates extending its double-digit comparable sales growth streak......

Ready to dress up again, teens turn to online brands Shein and Princess Polly, and thrift store finds

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CNBC – For more and to sign up click here Teen spending is slowly ticking up from record lows, according to a new survey, as teens show signs they’re ready to get dressed up, go out and socialize again. A generation known to be glued to social media apps like......

These 10 retailers are in expansion mode: Here’s who is opening new stores

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CNBC – For more and to sign up click here A Dick’s Sporting Goods store Craig Warga | Bloomberg | Getty Images In a 180-degree turn from 2020, retailers’ expansion plans are outpacing plans to close up shop so far this year. U.S. retailers have announced 3,199 store openings and......

Rent is cheap, vacant space is everywhere: Retailers seize the moment to open stores

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CNBC – For more and to sign up click here The athletic apparel retailer Fabletics is planning to open two dozen stores in the U.S. this year, bringing its total to 74. Source: Fabletics For the first time in years, retailers across the country are planning to open more stores......

Stocks making the biggest moves after the bell: American Eagle, Snowflake, Vroom & more

CNBC
CNBC – For more and to sign up click here American Eagle clothing and accessories retailer American Eagle store seen in Tokyo. Budrul Chukrut | SOPA Images | Light Rocket | Getty Images Check out the companies making headlines after the bell on Wednesday: American Eagle Outfitters – The clothing......

Cramer’s week ahead: February jobs report could trigger a ‘tsunami of selling’

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CNBC – For more and to sign up click here CNBC’s Jim Cramer said that he was encouraged by the trading activity he saw in tech and growth stocks as the market on Friday continued to grapple with fears that inflation is on the rise. He warned, however, that investors......

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