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Tag: stock

This Holiday Season, ‘Out of Stock’ Should not Mean ‘Out of Luck’

Deloitte has predicted that overall retail sales this holiday season will top $1.1 billion — representing solid growth of up to 1.5% over last year. But online retailers — and especially brick-and-mortar retailers with a strong online presence — need to buckle their seatbelts, because ecommerce sales are expected to grow by up to 35% …

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Sustainability Focus: Lost Stock – Retail Insider

Welcome to our section of the site which focuses on the sustainable side of retail. It’s exciting times for anyone involved in this area as technology and retailers try to keep up with customers’ demand for all things ethical. From palm oil to fur farms, fast fashion to one-use plastic, excess packaging to food waste …

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Walmart’s stock rises 7% on report of Amazon Prime competitor coming this month

Walmart‘s answer to Amazon Prime will launch this month, according to a report by Vox’s Recode. The big-box giant confirmed in February that it plans to roll out a subscription-based service called Walmart+, but it hasn’t revealed details or its strategy to attract members and stand out from competitors. Shares rose by nearly 7% Tuesday to …

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Gap stock soars after Kanye West touts collaboration with his brand

Gap shares soared Friday after Kanye West shared a photo that touted his collaboration with the retailer. Shares closed up 18.8% Friday at $12.07, but had been up as much as 40% earlier in the day. The move added more than $700 million to Gap’s market cap, pushing it to about $4.5 billion.  Gap and …

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5 things to know before the stock market opens Friday

1. Dow futures lower as bank stocks, Nike shares sink Late Thursday, the Fed imposed limits on dividend payments and suspended share buybacks at major U.S. banks after its annual banking industry stress test found several institutions could get uncomfortably close to minimum capital levels in scenarios tied to the coronavirus pandemic. Nike, often lauded …

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Albertsons stock is worth buying at $25 when it comes public

CNBC’s Jim Cramer on Wednesday said that Albertsons, the U.S. grocery operator making its third IPO attempt, is worth owning if investors can get the stock at the right price. Albertsons, which owns Albertsons, Safeway, Acme and Shaw’s supermarkets in dozens of states, plans to raise up to $1.32 billion when it goes public this …

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Etsy stock climbs to record, tripled since March, spurred by masks

Josh Silverman, CEO of Etsy. Adam Jeffery | CNBC Over the first three weeks in March, Etsy lost half its value on concern that an economic slowdown caused by the coronavirus would batter consumer sales. Then people started turning to the site to buy masks, and Etsy took off. Since bottoming on March 20, Etsy’s …

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Amazon stock hits record high amid coronavirus gloom, Retail News, ET Retail

Despite gloom all over, Amazon saw its stock zooming over 5 per cent to an all-time high of over $2,283 per share, leaving the ecommerce giant with $1.1 trillion worth and adding $6.5 billion to its Founder and CEO Jeff Bezos fortune. Amazon has been a favourite among ‘sheltered-at-home’ investors because of an unprecedented surge …

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Procter & Gamble stock rises as company raises dividend

Detail view of rolls of Charmin toilet paper in a domestic home, San Ramon, California, March 25, 2020. Smith Collection | Gado | Getty Images Shares of Procter & Gamble rose 2% in extended trading Tuesday after the company raised its dividend and moved up its earnings report. The consumer products giant is raising its quarterly dividend …

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Luckin Coffee’s stock has been halted for pending news since Tuesday

Cups of drinks are seen at a Luckin Coffee store on April 3, 2020 in Shanghai, China. Yin Ligin | China News Service | Getty Images Luckin Coffee‘s stock has been halted for pending news since Tuesday morning. The coffee chain said Thursday that an internal investigation had found that its chief operating officer had …

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