WMT Stock Is On The Rise Despite Trump’s Tariff Price Hikes
America’s largest retailer, Walmart (NYSE:WMT) announced earlier today that it will have to raise prices in response to the Trump administration’s tariffs on Chinese goods.
Customers will be hit with the fallout and …
Macy’s Stock Recovers On Improved Q1 Earnings
Macy’s stock is trading higher by 2%, cooling off after a 7% jump in the pre-market session, following Macy’s Inc (NYSE:M) announcement of improved earnings for the first quarter.
The department store’s earnings …
PRTY Stock on the Rise Despite 45 Store Closures Amid Helium Shortage
Despite news that Party City (NYSE:PRTY) is closing 45 stores, PRTY stock is on the up today, albeit slightly. Currently, shares are selling for $8.09 USD, up 0.50% on the day.
PRTY Stock on … Read
JD Stock Gains Momentum on JD.com Slight Earnings Beat
JD stock is moving up in the red market as JD.com Inc (NASDAQ:JD) reports solid earnings for the fiscal first quarter.
Chinese internet companies have grown at a breakneck pace over the course …
Berkshire Buys Shares in Amazon: Amazon Stock on the Rise
According to a Bloomberg report, Warren Buffet’s investment firm Berkshire Hathaway (NYSE:BRK.A) has bought shares in Amazon (NASDAQ:AMZN). Amazon stock is currently reacting to the news, climbing nearly 4% and selling for $1,961.11 USD at …
E-Commerce Growth isn’t the End of Traditional Retail and This is Why
The evolution of the e-commerce industry has been a hot topic over the past two years. Many investors will attribute the sector’s growth to the influence of companies like Amazon (NASDAQ:AMZN), Alibaba (NYSE:BABA), and even …
Bed Bath & Beyond: BBBY Stock Pulls Back From Highs, What to Do?
BBBY stock pulled back by over 10% this week after Bed Bath & Beyond Inc. (NASDAQ:BBBY) reported poor comparable store sales growth. However, the stock is still up by 60% year-to-date.
Reduced sales …
Levi Strauss Stock Jumps 10% on Earnings Surprise
Levi Strauss stock is one of the biggest gainers in Wednesday’s session following the release of solid first-quarter earnings. Shares of Levi Strauss & Co. (NYSE:LEVI) are up over 7% to $23.49 in the opening …
Debenhams Collapses into Administration: Sports Direct Offer Rejected
Another iconic department store is closing down. Announced earlier today, the UK’s Debenhams (OTC:DBHSF) has collapsed into administration, leaving the retailer’s lenders to take control of the company.
Debenhams in Administration
The brand …
Sears Home & Life: New Sears Stores Opening After Bankruptcy
Though Sears (OTC:SHLDQ) filed for bankruptcy in 2018, the troubled retailer is opening stores again. Called Sears Home & Life, the new stores will sell home furnishings, tools, and homewares.
Sears Home & Life … Read