Parade participants are seen marching during the 2024 Kentuckiana Pride Parade on June 15, 2024 in Louisville, Kentucky. Stephen J. Cohen | Getty Images Pride month is winding down — […]
Experts say Shein's U.S. IPO is all but dead
The Shein logo can be seen on a smartphone, while the Chinese online retailer’s website is open on a laptop. Monika Skolimowska | Picture Alliance | Getty Images China-founded e-commerce […]
Retailers like Gap and Foot Locker had a strong week. That doesn’t spell a consumer comeback
The Gap logo is displayed at a Gap store in Los Angeles, April 25, 2023. Mario Tama | Getty Images Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers […]
Target will report earnings before the bell. Here's what to expect
A customer shops at a Target store in Miami, Florida, on May 20, 2024. Joe Raedle | Getty Images Target will report its fiscal first-quarter earnings on Wednesday, just days […]
We're encouraged by an activist's willingness to buy an Abbott rival, look past baby formula suits
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re […]
Jim Cramer's week ahead: Earnings from Nvidia, Target, Macy's
CNBC’s Jim Cramer on Friday guided investors through next week’s earnings-filled schedule on Wall Street, saying to pay special attention to the report from Nvidia, one of the biggest players […]
Shein's U.S. charm offensive and IPO could hinge on NRF membership. So far, it's been rejected
A sign hangs outside the Shein warehouse in Whitestown, Indiana, on Nov. 29, 2023. Scott Olson | Getty Images Chinese-founded fast fashion behemoth Shein isn’t just working to win over […]
Macy's hasn't closed 150 stores yet. But Target, Kohl's CEOs already smell opportunity
Macy’s hasn’t yet shut the approximately 150 stores it plans to close. But retail competitors already smell opportunity. In recent interviews with CNBC, Target CEO Brian Cornell and Kohl’s CEO […]
Target doubles bonuses for salaried employees as profits recover
A Target store in New York, US, on Monday, March 4, 2024. Shelby Knowles | Bloomberg | Getty Images Target will double its bonus payments to salaried employees this year, […]
Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens
In a tony suburban enclave in the San Diego foothills, police say, an organized retail crime “queenpin” had built an empire. Tucked behind the stone walls of her 4,500-square-foot Spanish-style […]