Target’s improving sales trends are giving investors more reason to believe the retailer’s turnaround is taking hold, but Bank of America still sees a difficult setup for the stock heading into second-quarter earnings. Target (TGT) is scheduled to report results on Aug. 19, and expectations have climbed since its better-than-expected first quarter. The retailer posted […]Read More
Target (TGT) has spent the past year trying to convince shoppers and investors that its turnaround is real. On Tuesday, it made a move to prove it. The retailer named its first-ever chief artificial intelligence officer, pulling a senior executive away from a direct rival to run the job. It also promoted a second leader […]Read More
Dick’s Sporting Goods stock (DKS) got a fresh vote of confidence from Wall Street this week, and the timing is unusual. The upgrade landed just two weeks before the company reports earnings that the same analyst expects to look weak. That mismatch is the whole point. Wells Fargo is telling investors to look past a […]Read More
Is Ryan Cohen giving up on eBay? Not according to Bloomberg’s Monday, Aug. 10, report, but the ambition has clearly shrunk. Six weeks ago, Cohen told Bloomberg TV he was coming for eBay “one way or another.” Now, people familiar with the matter tell Bloomberg that GameStop’s CEO is weighing whether to withdraw his $56 […]Read More
Burger King is back in second place. The chain has passed Wendy’s to become the second-largest US burger brand by systemwide sales, a spot it lost six years ago. McDonald’s still holds first place by a wide margin. The change showed up in the latest earnings from parent company Restaurant Brands International (QSR), and it […]Read More
When 7 Brew opened a few miles down the road from our home, my son and I were there on opening day. He’s a fan of their “Fizz” sodas, while I enjoy the “Sweet and Salty,” a coffee drink made with espresso, salted caramel, white chocolate, and a breve (half-and-half) base. That, however, is a […]Read More
When your local grocery store closes, it doesn’t matter to impacted residents that the chain is adding locations in other markets. My family owns a vacation home in Jaffrey, New Hampshire, and the closest grocery store was about five miles away in a neighboring town. When that store closed, our options were smaller, much more […]Read More
When it’s time to buy a new mattress, my wife and I go to physical retail stores and try to make sure we’re going to feel comfortable with whatever we decide to purchase. That’s not a foolproof plan, as our current bed took a few years of use before it actually felt like the bed […]Read More
For a small business, getting a product into a national retailer can look like the breakthrough it has been waiting for. The agreement can bring larger orders, national exposure, and access to customers far beyond the company’s existing market. But before those benefits arrive, the supplier may need to finance a major increase in production, […]Read More
As the two best-known cola manufacturers, Coca-Cola and PepsiCo have been locked in a struggle for decades. While Pepsi often ranks second, the corporate powerhouse continues to chase Coca-Cola consumers at an impressive pace. And although Coca-Cola remains ahead, it’s had its share of stumbles — all of which PepsiCo could use to its advantage. […]Read More