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Ulta Beauty CEO Highlights Pent-Up Demand, Expects Full Reopening In June
Tuesday, June 2, 2020 - 3:31pm | 380Read More...Ulta Beauty Inc (NYSE: ULTA) was forced to pivot to an e-commerce only business model in March and followed up a few weeks later with a curbside pickup option. Consumers responded "tremendously well" to the initiatives, but now the company is ready to proceed with store reopenings, CEO...
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Cramer Weighs In On How The 'New Normal' Will Hurt Kohl's And PVH
Tuesday, April 28, 2020 - 7:48am | 362Read More...The "new normal" in a post-coronavirus universe will certainly look different from the "old normal," which makes companies like Kohl's Corporation (NYSE: KSS) and PVH Corp (NYSE: PVH) "uninvestable," Jim Cramer said Monday evening. There are signs that the American...
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Walmart Shifts Pickup Strategy To Cater To SNAP, At Risk Customers
Wednesday, April 15, 2020 - 2:51pm | 348Read More...Walmart Inc (NYSE: WMT) is taking steps to make it easier for SNAP customers and those at risk to pick up groceries. SNAP Benefits Walmart will offer flexible payment options to customers participating in the Supplemental Nutrition Assistance Program (SNAP). The company is working with the U....
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Macy's CFO Departure Adds Further 'Uncertainty'
Wednesday, April 8, 2020 - 3:30pm | 347Read More...Macy's Inc (NYSE: M) announced Tuesday its CFO and Executive Vice President Paula Price will leave the company and this transition adds another layer of "uncertainty" at an already "turbulent period," according to BofA Securities. The Macy's Analyst Lorraine Hutchinson...
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Wells Fargo: Dollar Tree A 'Sound Investment In An Uncertain Landscape'
Tuesday, March 31, 2020 - 3:21pm | 350Read More...Dollar Tree, Inc. (NASDAQ: DLTR) should be considered a "sound investment in an uncertain landscape" although there is still a certain degree of risk involved, according to Wells Fargo. The Dollar Tree Analyst Edward Kelly maintains an Overweight rating on Dollar Tree's stock with a...
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Online Grocers Struggle To Keep Up With Demand Amid Coronavirus
Monday, March 16, 2020 - 4:15pm | 332Read More...The ongoing spread of the coronavirus across the U.S. presents a new challenge for online grocers of all sizes. What Happened Surging demand for online grocery orders is causing platforms like Whole Foods to experience technical difficulties, Grocery Dive reported. The Amazon.com, Inc. (NASDAQ:...
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Who's Shopping For Nordstrom's Stock? The Street Debates
Wednesday, March 4, 2020 - 6:00pm | 748Read More...High-end department store chain Nordstrom, Inc. (NYSE: JWN) reported a top- and bottom-line miss in its fourth-quarter earnings while management's outlook also fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Nordstrom Analysts...
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Target Analysts React To Q4 Earnings, Investor Day Presentation
Wednesday, March 4, 2020 - 2:39pm | 598Read More...Target Corporation (NYSE: TGT) reported fourth-quarter results Tuesday morning, followed up with an investor day presentation. Here is a summary of how some of the Street's top analysts reacted to management's discussion and presentation. The Target Analyst Stifel analyst Mark Astrachan...
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Retail Analyst Breaks Down Target's Report, Makes The Case For Costco And Walmart Stock
Tuesday, March 3, 2020 - 3:56pm | 384Read More...Retail companies dominated Tuesday morning's headlines with Target Corporation (NYSE: TGT) reporting fourth-quarter results while Costco Wholesale Corporation (NASDAQ: COST) continues to be mentioned as a beneficiary of people stocking up on supplies amid coronavirus uncertainties. What To Know...
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Walmart Pros Aren't Convinced It Can Beat Amazon At Its Own Game
Monday, March 2, 2020 - 1:41pm | 427Read More...Walmart Inc (NYSE: WMT) has announced a new paid membership program as part of a push against Amazon.com, Inc. (NASDAQ: AMZN) but some experts aren't optimistic the physical retailer can win the battle. What Happened Walmart's paid membership will reportedly serve as a rebrand of Walmart...
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How Amazon's One-Day Shipping Is Raising The Bar To Compete In E-Commerce
Monday, February 24, 2020 - 1:13pm | 467Read More...Even as investors are skittish about Amazon.com, Inc. (NASDAQ: AMZN) among broader market coronavirus fears, Morgan Stanley says the company's overnight delivery is changing customer tendencies and increasing expectations across the industry for how quickly stuff should get to your door. The...
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Walmart's Exposure To China 'Overestimated', Ex-Exec Says
Tuesday, February 18, 2020 - 12:05pm | 396Read More...The coronavirus and its impact on American companies was made clear in Apple Inc.'s (NASDAQ: AAPL) revenue warning but what's less clear is the impact to retailers like Walmart Inc (NYSE: WMT). According to Bill Simon, former president and CEO of Walmart U.S., the company's dependence...
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Credit Suisse Likes BJ's Wholesale Over Costco Right Now
Thursday, February 13, 2020 - 2:55pm | 496Read More...Warehouse retail offers investors an attractive theme as it touches on multiple growing consumer trends, according to Credit Suisse, but investors shouldn't rush out to buy shares of the industry titan. Judah Frommer initiated coverage of Costco Wholesale Corporation (NASDAQ: COST) with a...
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Cashierless Checkouts One Step Closer To Reality At 7-Eleven
Thursday, February 6, 2020 - 1:52pm | 397Read More...Convenience store chain 7-Eleven is testing a cashierless and checkout-free concept at its corporate headquarters. What Happened 7-Eleven's store in its headquarters is limited to employees only and the cashierless experience requires the use of an app. The user scans the app when they enter...
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BofA Downgrades Dollar Tree, Cites Potential For Margin Risk
Thursday, January 23, 2020 - 4:00pm | 334Read More...The bullish case for Dollar Tree, Inc. (NASDAQ: DLTR) can no longer be justified as benefits from Family Dollar remodels are unlikely to be large enough to offset a gross margin impact, according to Bank of America. The Analyst Robert Ohmes downgraded Dollar Tree from Buy to Neutral with a price...
