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Retail Exec: 'Huge Surge' In Online Sales Is Here To Stay
Monday, November 30, 2020 - 4:19pm | 277Read More...Online sales were the "star of the show" this Thanksgiving and Black Friday weekend, and Americans will continue to "click their way through the pandemic," ex-Toys R Us CEO Gerald Storch said in a Fox Business interview. What Happened: Online shopping is a safe and easy way to...
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3 Expert Takes On Walmart's New Subscription Service: 'Godzilla Vs. King Kong'
Wednesday, July 8, 2020 - 2:40pm | 694Read More...Retail giant Walmart Inc (NYSE: WM) is reportedly set to launch a new $98-a-year subscription service platform, Walmart+, and it can be considered both a defensive and offensive strategy, according to Oppenheimer analyst Rupesh Parikh. Parikh Sees Pushback Against Amazon Walmart's...
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Will The Trade War Escalation Impact Consumers? Depends Which Pro You Ask
Monday, August 5, 2019 - 2:02pm | 490Read More...The escalation of the Sino-American trade war is likely to impact consumers although the weakening of the Chinese yuan should mitigate the impact of U.S. tariffs, Stacey Widlitz of SW Retail Advisors told CNBC Monday. Currency Uncertainty At a macro level, a weaker yuan cancels out a...
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How Good Does Amazon's Prime Day Need To Be?
Sunday, July 14, 2019 - 2:31pm | 660Read More...Few companies in the world can succeed in making up their own holiday to jolt sales. One of those companies is Amazon.com, Inc. (NASDAQ: AMZN) whose annual "Prime Day" sale kickstarts Monday. With the stock trading close to a $1-trillion valuation, the company may feel some pressure from...
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Under Armour Has Opened The Most Mall Stores Since 2011, Sears Closed The Most
Monday, December 24, 2018 - 11:04am | 630Read More...Department store closures have long dominated retail apocalypse rhetoric. While they do not necessarily spell the downfall of retail, struggling department stores have led mall closures since the turn of the decade. From 2011 through 2016, Sears Holdings Corp (OTC: SHLDQ) has led mall store...
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Howard Schultz For President? Maybe
Tuesday, June 5, 2018 - 3:22pm | 505Read More...Starbucks Corporation (NASDAQ: SBUX) co-founder and ex-CEO Howard Schultz is retiring from his coffee chain ahead of what could prove to be a presidential campaign run. What Happened Schultz, 64, said he recognizes a major issue in the Democratic Party in that too many notable voices are "...
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Gerald Storch Explains Holiday Season 2013's Retail Slump
Tuesday, December 24, 2013 - 10:34am | 375Read More...Marking the last day plunge that some shoppers take on Christmas Eve, Gerald Storch, founder and CEO of Storch Advisors and former chairman and CEO of Toys “R” Us, went behind the scenes of the successes and failures of the retail sector this holiday season on CNBC's Squawk Box Tuesday morning. As...
