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May 14, 2021

Levi Strauss & Co

Walmart acquires virtual fitting room company Zeekit, as it makes push into fashion

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CNBC – For more and to sign up click here Walmart said Thursday that it will acquire virtual fitting room start-up Zeekit, as it makes a push into fashion and caters to customers shopping for clothes online. Financial terms of the deal were not disclosed. The retailer declined an interview,......

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,......

Two under-the-radar retail stocks will ride resurgent consumer spending, according to traders

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CNBC – For more and to sign up click here Ongoing stimulus, the vaccine rollout and a reopening economy have consumers in a spending mood. Retail sales in March soared nearly 10%, the second best increase on record. Retail heavyweights like Amazon and Walmart aren’t the only ones that could......

Crumpled clothes and bare shelves: As retailers like Walmart, Macy’s woo customers back, some have to clean up shop

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CNBC – For more and to sign up click here A man shops for clothes in Macy’s department store in Herald Square, New York. Trevor Collens | AFP | Getty Images Crumpled piles of clothes. Unpacked boxes of inventory. Half-empty shelves. And employees rushing through aisles to grab items for......

Four ways consumer spending will change once more people are vaccinated

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CNBC – For more and to sign up click here Shoppers wearing protective masks exit from a Hennes & Mauritz (H&M) store in the Herald Square area of New York, U.S., on Thursday, Aug. 6, 2020. Nina Westervelt | Bloomberg | Getty Images As more people receive the Covid-19 vaccine,......

Stocks making the biggest moves in the premarket: Levi Strauss, WD-40, fuboTV & more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Levi Strauss (LEVI) – Levi Strauss reported quarterly profit of 34 cents per share for its latest quarter, 9 cents a share above consensus. Revenue also came in......

Levi Strauss wants to capitalize on commercial vacancies as it expands footprint, CEO says

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CNBC – For more and to sign up click here Levi Strauss CEO Chip Bergh said Thursday the jeans maker is shopping for more space as commercial rental vacancies are up. The San Francisco-based company wants to add to its 40 stores and 200 outlet locations in the U.S. in......

Stocks making the biggest moves after the bell: Levi Strauss, FuboTV, WD-40 & more

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CNBC – For more and to sign up click here The fuboTV logo is hung from the New York Stock Exchange on the day of its IPO in the Manhattan borough of New York City, New York, U.S., October 8, 2020. Carlo Allegri | Reuters Check out the companies making......

Skinny jeans are out and wide-leg denim is in vogue. The world is in a new denim cycle, Levi’s CEO says

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CNBC – For more and to sign up click here Bye-bye skinny jeans, hello “mom jeans.” The world might finally be entering into the early stages of a new denim cycle. One where tight-fitting pants are suddenly out of style, and instead shoppers young and old are flocking to loose-hanging,......

Levi’s shares rise as denim retailer boosts outlook for first half of 2021

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CNBC – For more and to sign up click here An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Levi Strauss & Co. on Thursday reported......

Cramer’s week ahead: A ‘bad news is good news’ kind of market

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CNBC – For more and to sign up click here CNBC’s Jim Cramer said Thursday he won’t be surprised if the March jobs report is soft. “Yesterday, I suggested that the counter-trend rally in tech could continue for a few more days before it ebbs,” the “Mad Money” host said.......

Walmart taps designer, Project Runway judge Brandon Maxwell to elevate its fashion labels

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CNBC – For more and to sign up click here Walmart has hired Brandon Maxwell as creative director of its elevated fashion brands. Walmart Walmart wants to make a name for itself in fashion. It has tapped Brandon Maxwell, a designer who dresses celebrities from Lady Gaga to Michelle Obama,......

Stocks making the biggest moves premarket: GE, Eli Lilly, Campbell Soup and others

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: General Electric (GE) – GE struck a deal to combine its aircraft leasing unit, GE Capital Aviation Services, with Ireland’s AerCap (AER). It had been reported earlier this week that the......

Stocks making the biggest moves after the bell: Toll Brothers, AeroVironment, Levi Strauss & more

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CNBC – For more and to sign up click here Customers view merchandise in an experience room at the Sonos store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after the bell on Tuesday: Toll Brothers – The home construction company’s shares......

Some apparel retailers won the holidays by keeping inventory lean. Now comes the hard part.

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CNBC – For more and to sign up click here A person walks by a closed Banana Republic store on June 11, 2020 in San Francisco, California. Economic worries due to the coronavirus COVID-19 pandemic continue as an additional 1.5 million people filed for first-time unemployment benefits in the past......

Target teams up with Levi’s for exclusive collection of home goods and more

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CNBC – For more and to sign up click here Levi’s will have a limited time collection at Target, which includes over 100 home goods, apparel and other items. Target Target will launch a limited-time collection of home goods, pet accessories, apparel and other denim-inspired items with Levi Strauss &......

Apple and Tesla earnings, along with the Fed and GDP will drive markets in the week ahead

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CNBC – For more and to sign up click here A Chinese customer walks by a large screen at the official opening of the new Apple Store in the Sanlitun shopping area on July 17, 2020 in Beijing, China. Kevin Frayer | Getty Images Stimulus euphoria may be waning, but......

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