JC Penney stock drops on weak quarterly performance and outlook
The department store chain J. C. Penney Company (JCP) reported a narrower loss in the first quarter helped by lower...
Retail
Jack in the Box reports disappointing 2Q results
Jack in the Box (JACK) second quarter results failed to meet Street estimates. The company reported its results Wednesday after...
Macy’s first quarter results beat expectations; lifts outlook
Shares of Macy’s Inc. (M) were up 9% during the pre-market trading after it reported upbeat results for the first...
Walmart earnings preview: Keep an eye on online sales growth
Walmart (WMT) is scheduled to report its first-quarter earnings results before the opening bell on May 17, and all the...
Gap lands in a soup over a t-shirt and a map
Gap Inc. (GPS) had to apologize to China for depicting an incomplete map of the country on one of its...
Amazon Go expands to two new cities outside Seattle
Touted as the future of convenience store, Amazon’s (AMZN) latest experiment the cashier-free, camera and sensor-filled Amazon Go stores has...
Home Depot stock drops as revenue miss estimates
Home Depot Inc. (HD) reported a 4.4% increase in sales to $24.9 billion for the first quarter of 2018 compared...
Sears looking at Kenmore sale
Sears Holding Corp. (SHLD) has started the official process to explore the sales of its Kenmore brand along with its...
‘Loo’ and behold! Starbucks opens restrooms to non-customers
After inviting criticism from various quarters for having two customers arrested in mid-April allegedly on racial grounds, Starbucks Corp. (SBUX)...
Yelp’s Q1 revenue beat fails to impress the street
Yelp (YELP) reported its first quarter results after the bell. Revenue improved 13% to $223 million beating analyst estimates, primarily...
If Amazon is Sheldon, then Walmart is Penny from The Big Bang Theory
Those who are familiar with the popular CBS sitcom ‘The Big Bang Theory’ will probably agree with me when I...
Amazon forays into smart home industry with Experience Centers
Amazon’s customer obsession seems to be reaching the next level. It wants to convert a normal home to “smart home”...
Papa John’s report disappointing top and bottom line results for Q1
American restaurant franchise company Papa John’s International (PZZA), whose stock plunged 28% over the course of last one year and...
Monster Beverage posts downbeat earnings and revenue in first quarter
Monster Beverage Corporation (MNST) reported a 14.7% increase in net sales to $850.9 million for the first quarter of 2018...
‘Racist’ brands get a market beat-down, among other things
Racial profiling and incidents fueled by hate are back in the news. In the latest of incidents, Nordstrom Rack, owned...
Mondelez goes premium with Tate’s buyout
Mondelez (MDLZ) announced on Sunday that it has decided to buy New York-based Tate’s Bake Shop for $500 million. With...
Global coffee alliance: Nestlé joins hands with Starbucks
In a mammoth coffee mix, Swiss giant Nestlé will team up with American sweetheart Starbucks (SBUX) to sell its coffee...
IFF agrees to buy Israel-based Frutarom
International Flavors and Fragrances Inc. (IFF) has agreed to acquire Israel-based natural ingredients producer Frutarom for about $7.1 billion. The...
Tyson Foods tumbles in pre-market on weak second quarter results
Tyson Foods (TSN) that specializes in chicken products missed earnings and sales estimates in its second quarter sending the shares...
Flipkart deal will pitch Walmart against Amazon in India
Walmart’s (WMT) global expansion plans just received a major boost with the board of India-based e-commerce major Flipkart agreeing to...
Alibaba Q4 results beat estimates on strength of core commerce
Alibaba Group (BABA) reported double-digit growth in its fourth quarter earnings and revenues, aided by strong performance in its core...