HEALTHNEWSOBSERVER.COM: Latest News of The Day

Latest News of The Day: Retail

21:51 2019-06-18

Target's stock drops after weekend register meltdown Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other so...
17:45 2019-06-17

Jim Cramer: Put Chewy on the shopping list and buy it on a pullback "Even after today's magnificent run, Chewy isn't all that expensive. The company's got a great growth story and they have legions of l...
03:45 2019-06-15

MGA Entertainment CEO says Mattel will be bankrupt 'within a year or so' after takeover bid rejected MGA Entertainment CEO Isaac Larian said toymaker Mattel will be bankrupt "shortly, within a year or so" after the rival company rejected MGA's t...
06:45 2019-06-14

Retailers fight back: Bricks-and-mortar brands are figuring out online sales, boosting their stocks A number of retailers, like Lululemon and Best Buy, and restaurants over the past few weeks have reported explosive growth of e-commerce sales, helpe...
22:00 2019-06-13

Beyond Meat's stock briefly tumbled after Tyson Foods touts plans to sell plant-based nuggets Shares of Beyond Meat were up slightly Thursday after falling about 4% in premarket trading after Tyson Foods announced plans to launch plant-based n...
19:45 2019-06-13

Jet.com President Simon Belsham to step down as Walmart eliminates role, further integrates with Jet Walmart also announced that Jet.com team leaders will now report to Kieran Shanahan, who's been overseeing Walmart's food, consumables and ...
23:30 2019-06-12

Howard Schultz sticks with political advisor Schmidt despite taking the summer off from politics Both Schultz and Schmidt, who was a visible and vocal critic of President Donald Trump's, have largely disappeared from the airwaves over the pa...
23:30 2019-06-12

Gary Vaynerchuk: This side hustle can end debt and earn struggling person up to $100,000 Gary Vaynerchuk, serial entrepreneur turned social media mogul, may be worth $160 million but he still loves a good side hustle. He has witnesses a g...
15:30 2019-06-11

Beyond Meat shares continue hot streak, jumping as much as 34% to all-time high Shares of Beyond Meat continued to move higher Monday morning as the stock continues to exceed expectations following one of the most successful publ...
16:45 2019-06-10

Weed company Green Growth Brands is taking over malls, to open 70 CBD shops in Brookfield deal Ohio-based marijuana company Green Growth Brands said Monday it will open more than 70 shops selling products infused with CBD, short for cannabidiol...
16:45 2019-06-10

Executive chairman of Saks-owner Hudson's Bay Company puts in bid to take retailer private The executive chairman of the owner Saks-owner Hudson's Bay Company, Richard Baker, is leading a bid to take the retailer private, the company a...
15:45 2019-06-10

Walmart is going to start delivering groceries inside shoppers' homes Starting this fall, nearly 1 million people across three cities — Kansas City, Missouri, Pittsburgh and Vero Beach, Florida — will have access to Wal...
09:30 2019-06-07

Stitch Fix CEO says it's getting better at finding the most valuable customers for its service Shares of Stitch Fix rose nearly 15% Thursday after the online personal styling company reported Wednesday that it beat earnings and sales expectatio...
22:45 2019-06-06

Stitch Fix spikes 26% after beating earnings and revenue expectations Shares of Stitch Fix soared 26% in after-market trading Wednesday after the online personal styling company reported it beat earnings and sales expec...
23:45 2019-06-05

Beverly Hills votes to outlaw tobacco sales in ordinance believed to be first of its kind in US The Beverly Hills City Council late Tuesday voted to outlaw sales of most tobacco products in a sweeping ordinance that is believed to be the first o...
07:00 2019-06-05

Nike may not have a lot to gain taking on Toronto Raptors' Kawhi Leonard over 'Klaw' logo The "Klaw" logo in question is an outline of the basketball star's hand that includes his initials and the number 2, which is his jersey number....
19:15 2019-06-04

CVS to close some unprofitable stores as pharmacy chain looks to expand new HealthHUBs CVS Health signaled it may close more stores, even as it redesigns some of its locations to focus more on health services Tuesday at the company'...
19:15 2019-06-04

Costco sold someone a $400,000 diamond ring Warehouse retailer Costco said during its latest quarter ended May 12 it got a sales boost thanks to a customer purchasing one of its rings for $400,...
20:45 2019-05-31

Apparel retail earnings haven't been this bad since the Great Recession Apparel retailers' earnings are down 24% for the first quarter of 2019, Retail Metrics said, the group's worst since the first quarter of 2...
20:45 2019-05-31

How Best Buy came back from the brink of death and took on Amazon Best Buy was a behemoth in electronics retail that nearly died. It engineered a miraculous turnaround, and now a new CEO intends to keep the momentum...
14:15 2019-05-30

Abercrombie & Fitch CEO says smaller stores are the future (as it closes 3 of its largest stores) While Abercrombie & Fitch is planning to close three more of its flagship retail locations, it's opening additional smaller-format stores in a b...
19:15 2019-05-29

McDonald's CEO says he needs to know adding a vegan burger will boost traffic to restaurants McDonald's CEO Steve Easterbrook said that the fast food chain is trying to figure out if adding a vegan burger will drive sales enough to make ...
16:45 2019-05-29

Canada Goose shares are cratering more than 20% on the luxury coat maker's weak sales outlook Canada Goose shares are falling after the high-end coat maker missed quarterly sales estimates and said it expects slower sales growth in the coming ...
16:45 2019-05-29

McDonald's CEO: China will remain an important market for us 'as long as I can imagine' McDonald's CEO Steve Easterbrook said that trade tensions between the U.S. and China have "absolutely not" changed its strategy in the Asian cou...
16:45 2019-05-29

Abercrombie & Fitch shares tank 17% on weak same-store sales, retailer closing 3 flagship stores Abercrombie's same-store sales growth of 1% during the first quarter came in short of what analysts were expecting, sending the retailer's ...
15:45 2019-05-29

Foot Locker is kicked to the curb, and one technical analyst says it's on track for new lows Foot Locker got roughed up last week. Charts suggest it could see short-lived relief, but beware a fake rally, says Piper Jaffray's Craig Johnso...
22:30 2019-05-28

Casper, Kylie Jenner's billion-dollar mattress, could be an IPO market sleeper Over 800,000 Instagram likes from Kylie Jenner's followers does not alone make mattress start-up Casper worth billions, but recent hot performan...
20:30 2019-05-26

California lawmaker withdraws bill banning flavored tobacco products after 'hostile amendments' A proposed California bill that would prohibit sales of flavored tobacco products in stores and vending machines in the nation's most populous s...
05:30 2019-05-24

JP Morgan cuts ties with OxyContin maker Purdue Pharma Purdue, owned by the wealthy Sackler family, faces thousands of lawsuits claiming that the company marketed addictive painkillers while underplaying ...
03:15 2019-05-24

Elizabeth Warren and AOC target Treasury Secretary Mnuchin over Sears bankruptcy In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO...
17:30 2019-05-23

Latest retail results show department stores need more than touch-ups. They need reinvention A slew of retail earnings the past two weeks makes it clear that while Americans continue to shop, they aren't ringing registers at department s...
22:30 2019-05-22

Target CEO Brian Cornell says the winners and losers in retail are emerging Target's CEO thinks the retail industry is shaking out to show clear winners and losers. Those companies that are investing in stores and online...
20:15 2019-05-22

Starbucks' China challenger Luckin Coffee shares fall below IPO price Shares of Luckin Coffee fell Wednesday morning, joining the likes of Uber and Lyft by dropping below its initial public offering price days after its...
20:15 2019-05-22

Lowe's tumbles as earnings fall short and forecast cut as higher costs weigh on results Lowe's shares plummeted 8% before the bell Wednesday after the company posted mixed fiscal first-quarter results and cut its forecast for the ye...
13:01 2019-05-22

Chinese billionaire Jack Ma: 'I worry about Europe' and its obsession with tech regulation Alibaba co-founder Jack Ma says he's worried about Europe because it's tightening regulations that restrict companies' ability to inno...
15:45 2019-05-21

Nike's 'inclusive' image at risk if it fails women athletes, brand experts say Olympic athlete Alysia Montano said when she told then sponsor Nike she wanted to have a baby during her career, the sports giant told her it would p...
15:45 2019-05-21

Here's how we're different from Starbucks, says CFO of China's Luckin Coffee on IPO day The CFO China's Luckin Coffee says the tech-based beverage company's business model is setting itself apart from U.S. coffee giant Starbuck...
15:45 2019-05-21

Walmart gives a first look at its sprawling new home office in Bentonville Walmart is one step closer to moving into a new home office for more than 14,000 people, which will be outfitted with fitness centers for employees a...
15:45 2019-05-21

Men are a multibillion dollar growth opportunity for the beauty industry The men's personal care industry is predicted to hit $166 billion by 2022, according to Allied Market Research. Last year, men's skin-care ...
15:45 2019-05-21

Kohl's lands deal with Fanatics to sell its licensed sports gear online Kohl's has signed a deal with Fanatics to sell a wide selection of items from the licensed sports retailer, including NFL jerseys and NBA T-shir...
15:45 2019-05-21

Dozens of shoe retailers, including Nike and Adidas, sign letter to Trump urging a halt to tariffs More than 170 shoe retailers have penned a letter to the White House asking President Donald Trump to consider a halt to tariff increases on footwear...
15:45 2019-05-21

Nordstrom's massive department store for women set to open this October in New York Nordstrom has chosen Oct. 24 for the grand opening of its women's store in New York, the largest single-project investment in the company's...
15:45 2019-05-21