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February 21, 2020

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Hasbro extends Disney pact for Star Wars, Marvel toys and games

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by CNBC01
CNBC – For more and to sign up click here A Darth Vader mask is displayed in the Star Wars booth at the Hasbro showroom during the annual New York Toy Fair, on February 20, 2018, in New York. EDUARDO MUNOZ ALVAREZ Hasbro will retain the master toy licenses for......
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Americans have $21 billion in unused gift cards — how to cash in

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by CNBC04
CNBC – For more and to sign up click here iTunes song gift cards are seen on display at a Best Buy store in San Francisco. Getty Images It’s the gift Americans want most. It’s also the one they may be least likely to use. Half of all adults currently......
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Walmart (WMT) reports Q4 fiscal 2020 earnings

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by CNBC06
CNBC – For more and to sign up click here Walmart earnings and revenue for the holiday quarter missed analysts’ estimates, as the retailer cited softness in toys and apparel during December. The company said earnings took a hit, in part, because of political unrest in Chile, where protests have......
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Walmart earnings, housing data, manufacturing read

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by CNBC03
CNBC – For more and to sign up click here Here’s what investors need to know about Tuesday before hitting the door. (The market will be closed Monday in observance of the Washington’s Birthday holiday.) Walmart earnings Walmart is set to report fourth quarter earnings on Tuesday before the market......
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Hasbro earnings (HAS) 4Q 2019 beat expectations, boosting shares

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by CNBC09
CNBC – For more and to sign up click here Hasbro’s Star Wars The Black Series Hyperreal Episode V The Empire Strikes Back 8-Inch-Scale Darth Vader action figure. Sarah Whitten | CNBC Strong sales of “Star Wars” and “Frozen 2” toys helped boost Hasbro’s holiday sales during the fourth quarter,......
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Stock starts trading on the NYSE

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by CNBC07
CNBC – For more and to sign up click here Philip Krim, CEO and co-founder of sleep product company Casper, poses for a photo outside of the New York Stock Exchange, before their IPO, Thursday, Feb. 6, 2020. Richard Drew | AP Casper shares surged nearly 30% following the online mattress......
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PopSockets CEO says Amazon uses ‘bullying with a smile’ to press for lower prices

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by CNBC08
CNBC – For more and to sign up click here Amazon CEO Jeff Bezos attends a commemoration ceremony held in front of Saudi consulate on the first anniversary of his murder, in Istanbul, Turkey on October 02, 2019. Elif Ozturk | Anadolu Agency | Getty Images Popular phone accessory maker......
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Walmart shuffles executives after holiday season, chief merchant departing

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by CNBC013
CNBC – For more and to sign up click here Cashiers ring up shoppers at a Walmart store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart is shuffling its executive team after the 2019 holiday season. The company’s chief merchant Steve Bratspies is set to depart,......
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Gap no longer plans to spin off Old Navy, Gap brand CEO to depart

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by CNBC017
CNBC – For more and to sign up click here Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Gap Inc. has called off plans to split Old Navy into a separate public company, the company announced in a press release Thursday. The apparel......
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Here’s what happened to stock market Wednesday: Phase one deal signed

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by CNBC015
CNBC – For more and to sign up click here Dow Jones Industrial Average rises 90 points The Dow climbed 90.55 points, or 0.31%, to end the day at 29,030.22. The S&P 500 advanced 0.19% to 3,289.29. The Nasdaq Composite gained 0.08% to 9,258.70. Wall Street cheered stocks to record......
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Target (TGT) holiday 2019 sales fall short of estimates

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by CNBC010
CNBC – For more and to sign up click here Target was expected to be a winner this holiday season, amidst a sea of disappointing reports. But the big-box retailer said Wednesday that its holiday sales were weaker than planned. Its shares tumbled more than 8% on the news. Walmart,......
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Casper Sleep files to go public

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by CNBC019
CNBC – For more and to sign up click here Samurai Messenger Service prepares to deliver a packaged mattress from the bed delivery company Casper in New York. Yana Paskova | The Washington Post | Getty Images Privately held mattress maker Casper Sleep on Friday filed for an initial public......
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Kohl’s Amazon tie-up was seen as a game changer, sluggish holiday sales suggest not

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by CNBC011
CNBC – For more and to sign up click here Amazon.com Inc. parking signage stands outside a Kohl’s Corp. department store in Huntington Beach, California, U.S., on Saturday, May 11, 2019. Kyle Grillot | Bloomberg | Getty Images Kohl’s tie-up with Amazon was supposed to be a boon to the......
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Kohl’s shares tank on dismal holiday sales results, lowered outlook

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by CNBC08
CNBC – For more and to sign up click here Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Kohl’s said same-store sales during November and December fell 0.2% due to weakness in its core women’s apparel business, leading it to lower the bar......
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Bed Bath & Beyond (BBBY) earnings Q3 2019

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by CNBC08
CNBC – For more and to sign up click here Shoppers walk past a Bed Bath & Beyond store in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Bed Bath & Beyond withdrew its fiscal 2019 outlook on Wednesday, saying that it would reveal its strategic plans in early 2020.......
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Walmart unveils a new technology for its grocery business: Alphabot

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by CNBC018
CNBC – For more and to sign up click here SALEM, New Hampshire — Walmart thinks it has a technological weapon that will enable it to pick, pack and deliver shoppers’ online grocery orders faster as the company tries to strengthen its foothold as America’s largest grocer. The big-box retailer......
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Macy’s 2019 holiday same-store sales fall 0.6%, shares rise

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by CNBC018
CNBC – For more and to sign up click here People walk past Macy’s flagship store in Herald Square in New York City. Getty Images Macy’s holiday sales dropped, the company announced Wednesday, but not as much as analysts had anticipated, sending the department store chain’s shares higher. It said......
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Wall Street market analysts see deeper sell-off ahead

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by CNBC09
CNBC – For more and to sign up click here Escalated geopolitical tensions swooped in and spoiled the market’s party in the new year, and Wall Street analysts warned the sell-off might be just beginning. After a historic run in 2019 and a strong first day of 2020, the S&P......
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Bed Bath & Beyond shares jump on real estate deal for $250 million

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by CNBC013
CNBC – For more and to sign up click here Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond shares jumped nearly 5% on Monday after the retailer said it had completed a sale-leaseback transaction with an......
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‘The days of a national minimum wage are really over,’ staffing expert declares

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by CNBC014
States are boosting minimum wages as an “indirect result of the great economy and of the companies doing this,” says Tom Gimbel, CEO of staffing agency LaSalle Network. Source link: Click here for more...
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