Retailers still opening stores despite recession fears

Retailers still opening stores despite recession fears

The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recession fears and decades-high inflation that’s squeezing shoppers’ budgets. Simon Property Group, the country’s largest mall owner, said the pipeline of businesses slated to open up at its properties remains … Read more

Don’t get fooled by the bears, sometimes good news is actually … good

Don’t get fooled by the bears, sometimes good news is actually … good

This weekend I read a host of negative articles attacking this market and the earnings reports from individual companies. The suggestion: The numbers are all hiding something and even companies like Amazon (AMZN) and Apple (AAPL) simply reported figures that exceeded lowball analyst estimates that were meant to generate upside. This is an outrageously bullish … Read more

What Cramer is watching Tuesday — Walmart’s wreck, Dow stock earnings, big media downgrades

What Cramer is watching Tuesday — Walmart’s wreck, Dow stock earnings, big media downgrades

What I am looking at July 26, 2022 Club holding Walmart (WMT) screws up apparel again, announcing a big profit warning after the closing bell Monday. Have to ask does Walmart have a handle on things? Long a trusted name, is it time to give up on these guys? What’s the real culprit? Spending too … Read more

5 things to know before the stock market opens Tuesday, July 26

5 things to know before the stock market opens Tuesday, July 26

Traders work on the floor of the New York Stock Exchange (NYSE), July 25, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stock futures slide US equities markets were set to decline Tuesday morning after Walmart cut its profit outlook Monday (see … Read more

Target chases bigger e-commerce profits with new delivery hubs, fleet of drivers

Target chases bigger e-commerce profits with new delivery hubs, fleet of drivers

MINNEAPOLIS — Each day, hundreds of drivers park at a delivery hub in Target’s hometown and load up the trunks of their personal cars with packages to deliver to customers. Soon, the big-box retailer will have similar centers and gig workers in three more places − two in the Greater Chicago area and one near … Read more

One Medical deal gives it access to my most personal info

One Medical deal gives it access to my most personal info

One Medical clinic One Medical For the better part of a decade, One Medical has been my primary care provider. It’s convenient, with locations around the Bay Area, and I like being able to schedule a same-day physical or get a quick referral to a specialist. One Medical knows a lot about me. In addition … Read more

3 reasons why executives are leaving retailers from GameStop to Gap

3 reasons why executives are leaving retailers from GameStop to Gap

Shoppers explore a mostly empty mall in Columbus, Ohio. Matthew Hatcher | Getty Images Don’t expect the stream of departures from retailers ’C-suites to stop anytime soon. Already this year, Gap and Bed Bath & Beyond abruptly replaced their CEOs as the companies ’sales plunged. GameStop fired its chief financial officer in the middle of … Read more

Clothes are expensive even as retailers try to clear inventory

Clothes are expensive even as retailers try to clear inventory

A customer shops for shirts at an American Eagle Outfitters store in San Francisco. David Paul Morris | Bloomberg | Getty Images Excess inventory has racked up in many retailers’ warehouses and stores. But shoppers are still paying more as they refresh the closet. Apparel prices rose 0.8% in June compared to May, and 5.2% … Read more

Walmart won’t hold rival event to Amazon Prime Day

Walmart won’t hold rival event to Amazon Prime Day

Walmart Rollback pricing signs are displayed while customers shop during the grand opening of a new Wal-Mart Stores location in Torrance, California. Patrick Fallon | Bloomberg | Getty Images Walmart won’t be doing its own event to rival Amazon Prime Day this year, according to a company spokesperson. The big-box giant, like other retailers, has … Read more

3 trends to watch as retailers prep for back-to-school, holiday shopping

3 trends to watch as retailers prep for back-to-school, holiday shopping

Pedestrians view the holiday windows at a store in New York, on Thursday, Dec. 2, 2021. Christopher Occhicone | Bloomberg | Getty Images Summer vacation season is just getting started, but retailers are already gearing up for the holidays. In coming weeks, companies will get early clues about how the all-important holiday shopping season will … Read more