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April 17, 2021

Walmart Inc

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

CNBC
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......

Target is testing a new approach to get packages to customers’ doors even faster

CNBC
CNBC – For more and to sign up click here Target wants to get online purchases to customers’ doors even faster. Instead of shipping packages through carriers, the retailer will also enlist the help of its own team of dedicated delivery people. The new approach — tested in Target’s hometown......

Bed Bath & Beyond quarterly sales tumble 16%, as store closures and divestitures hurt results

CNBC
CNBC – For more and to sign up click here Source: Bed Bath & Beyond Bed Bath & Beyond on Wednesday reported a double-digit decline in fiscal fourth-quarter sales, as ongoing store closures and divestments that are part of a bigger turnaround plan continue to weigh on results. Its shares......

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

CNBC
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......

Executives call on Biden to slash greenhouse gas emissions to curb climate change

CNBC
CNBC – For more and to sign up click here U.S. President Joe Biden joins a CEO Summit on Semiconductor and Supply Chain Resilience via video conference from the Roosevelt Room at the White House on April 12, 2021 in Washington, DC. Amr Alfiky | Getty Images More than 300......

Four ways consumer spending will change once more people are vaccinated

CNBC
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,......

McDonald’s will close hundreds of locations in Walmart stores as pandemic changes shopping habits

CNBC
CNBC – For more and to sign up click here A shopper carrying a child returns to their car outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. David Swanson | Bloomberg | Getty Images McDonald’s is closing hundreds of restaurants inside of Walmart, as customers......

Amazon to open its first grocery stores on the East Coast

CNBC
CNBC – For more and to sign up click here Inside Amazon’s first Amazon Fresh grocery store in Los Angeles. Amazon Amazon is opening its first grocery stores on the East Coast, the company confirmed Thursday, in the latest sign of its efforts to upend traditional supermarkets. The company plans......

GameStop shares jump after company says it plans to name Ryan Cohen chairman

CNBC
CNBC – For more and to sign up click here Pedestrians pass a GameStop store on 14th Street at Union Square, Thursday, Jan. 28, 2021, in the Manhattan borough of New York. John Minchillo | AP GameStop announced Thursday that the Chewy co-founder Ryan Cohen will become its chairman following......

Jim Cramer says Walmart is among the stocks that will do well in a ‘hybrid world’

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer revealed on Wednesday a handful of stocks he thinks will do well in the emerging “hybrid world.” The “Mad Money” host is betting many people will maintain some pandemic routines as Covid-19 health restrictions ease and more......

Target says it will spend more than $2 billion with Black-owned businesses by 2025

CNBC
CNBC – For more and to sign up click here People stand in line at Target in Kips Bay during the coronavirus pandemic on April 14, 2020 in New York City. Noam Galai | Getty Images Target said it will hire more Black-owned companies, launch a program to identify and......

Cramer sees upside in Walmart, Chipotle and more stocks as rare market phenomenon plays out

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Tuesday that a rare phenomenon is playing out in the market. The “Mad Money” host noted that stocks are rising on positive news, but the moves are playing out over multiple trading sessions. Usually, new information......

A hint of what’s to come for dying malls: Phoenix mall owner sells out as property is rezoned for other uses

CNBC
CNBC – For more and to sign up click here Macerich’s Paradise Valley Mall in Phoenix, AZ. Google Earth The future of the suburban shopping mall could look something like a mini community, with far fewer places to shop. The U.S. mall owner Macerich announced Thursday it’s sold a majority......

Apple will use Tesla Megapack batteries at its solar farm facility

CNBC
CNBC – For more and to sign up click here Apple’s new California Flats solar farm Courtesy of Apple Apple will use Tesla‘s Megapack at its new battery-based renewable energy storage facility, the smartphone-maker confirmed to CNBC on Thursday. Apple announced Wednesday it’s building a battery-based solar energy storage facility in......

How much you need to save per month to retire at 45 with $35,000 in passive income

CNBC
CNBC – For more and to sign up click here If you go by Social Security guidelines, everyone born after 1960 should wait until at least 67 to retire. But that mostly matters when it comes to benefits. You can retire from your job as soon as you find a......

Cramer says Costco, Amazon, Shopify and Walmart could trade higher on an ‘Easter rally’

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday broke down a seasonal trading pattern in retail stocks that he thinks investors should be privy to. The “Mad Money” host reviewed stock analysis from noted technician Larry Williams, who took past trades into account......

$10 billion for Discord? Here’s why Microsoft might buy it and why it’s a good fit

CNBC
CNBC – For more and to sign up click here An employee works at Discord in San Francisco. CNBC | Andrew Evers Discord, the chatting app that’s popular with video gamers, is reportedly for sale for about $10 billion. According to Bloomberg, Microsoft is one of the interested acquirers. Shares......

Amazon unseats Walmart to become the No. 1 apparel retailer in the US, UBS says

CNBC
CNBC – For more and to sign up click here Jeff Bezos, head of Amazon, can be seen on the fringes of the company’s novelties event. Andrej Sokolow | picture alliance | Getty Images Amazon has surpassed Walmart as the No. 1 apparel retailer in the U.S., according to new......

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

CNBC
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,......

How a stay-at-home year accelerated three trends in the advertising industry

CNBC
CNBC – For more and to sign up click here Times Square in New York City. Angela Weiss | AFP | Getty Images This time last year, The Trade Desk CEO Jeff Green watched as advertisers started to pause every campaign they could.  The ad tech executive said in the......

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