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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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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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Gap partners with secondhand clothing retailer ThredUp

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CNBC – For more and to sign up click here Holiday shoppers take part in early Black Friday shopping deals at the Gap store in Times Square in New York. Brendan McDermid | Reuters Gap is the latest retailer to dip its toes into the secondhand apparel market, following the......
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Apple, Legg Mason, Virgin Galactic, Tesla

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CNBC – For more and to sign up click here Sir Richard Branson stands on the floor of the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019. Richard Branson Virgin Galactic IPO NYSE Check out the companies making headlines in......
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Walmart (WMT) reports Q4 fiscal 2020 earnings

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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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As Walmart grows in e-commerce, investors look for a plan to stem the losses

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CNBC – For more and to sign up click here As Walmart’s online sales grow, the retailer has seen another number grow, too: Its e-commerce losses. Analysts are waiting to see whether those losses have peaked or if they’ll continue to rise. The Bentonville, Arkansas-based retailer is spending heavily to......
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Apparel sales just had their worst month in over 10 years. Here’s why

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CNBC – For more and to sign up click here A woman shops for clothing at the JC Penney Co. store inside the Roosevelt Field Mall in Garden City, New York. Saul Martinez | Bloomberg | Getty Images The apparel industry had a really tough start to 2020, as consumers......
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Walmart earnings, housing data, manufacturing read

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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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‘The market thinks the worst is over’

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CNBC – For more and to sign up click here Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Stocks are likely to remain hostage to developments involving the coronavirus in the week ahead, and even so, the market could continue to hit new......
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Hasbro earnings (HAS) 4Q 2019 beat expectations, boosting shares

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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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Virus outbreak forces Chinese to stay at home and order more delivery

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CNBC – For more and to sign up click here A worker inspects an order at a JD.com delivery station in Yizhuang, Beijing, amid the coronavirus outbreak. Hilary Pan | CNBC BEIJING — More people are stuck at home in China as they wait out the coronavirus outbreak, giving some......
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Stock starts trading on the NYSE

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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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Why many retail chains, like Fairway, have filed for bankruptcy twice

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CNBC – For more and to sign up click here A RadioShack location going out of business in Laguna Hills, California. Scott Mlyn | CNBC Last month, many New York City residents awoke to surprising news that could change their shopping routines as well as the items in their refrigerators.......
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companies suspend China operations, restrict travel

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CNBC – For more and to sign up click here Staff members, wearing protective suits, watch as a plane carrying 32 Mongolian citizens for their evacuation from the Chinese city of Wuhan arrives in Ulaanbaatar, the capital of Mongolia on February 1, 2020. Byambasuren Byamba-ochir | AFP | Getty Images......
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US companies suspend operations, restrict travel as outbreak spreads

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CNBC – For more and to sign up click here Visitors wearing masks walk past Shanghai Disney Resort, that will be closed during the Chinese Lunar New Year holiday following the outbreak of a new coronavirus, in Shanghai, China January 24, 2020. Aly Song | Reuters Disney, McDonald’s, Starbucks and......
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DHS report targets online counterfeit sales on Amazon, e-commerce

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CNBC – For more and to sign up click here Amazon.com founder and CEO Jeff Bezos. Getty Images The Trump administration is cracking down on the sale of counterfeits online from platforms like Amazon, according to a new report released by the Department of Homeland Security Friday. Law enforcement officials......
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AutoZone stock surges 40% in last year. Here’s how it’s beating Amazon

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CNBC – For more and to sign up click here Auto parts retailer AutoZone is one of the lucky, or clever, retailers that has managed to fend off attacks from e-commerce giants such as Amazon. As many once-legendary names in different retail sectors struggle with cheap online competition, some investors......
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PopSockets CEO says Amazon uses ‘bullying with a smile’ to press for lower prices

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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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Former Walmart exec, Royals owner David Glass dies at 84

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CNBC – For more and to sign up click here Wal-Mart CEO David Glass. (Photo by Michael L. Abramson/The LIFE Images Collection via Getty Images/Getty Images) Michael L. Abramson | The LIFE Images Collection | Getty Images/Getty Images Former Walmart chief executive David Glass, who owned the Kansas City Royals......
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Walmart shuffles executives after holiday season, chief merchant departing

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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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Satya Nadella credits Ballmer for pushing Microsoft to cloud: Cramer

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CNBC – For more and to sign up click here Microsoft‘s stock price has more than quadrupled since Satya Nadella took over as CEO six years ago, thanks to the company’s rapid growth in cloud computing.  But Nadella credits his predecessor, the louder and more outspoken Steve Ballmer, for making the......

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