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This basket consists of brick and mortar who have lost considerable market share to online competition.
Nike (NKE) is set to report its first-quarter fiscal 2020 financial results after the closing bell on Tuesday, September 24. So let's see what investors should expect from the sportswear powerhouse...
Walmart Inc told staff on Friday it will stop selling e-cigarettes and electronic nicotine delivery products at its U.S. stores, amid a growing crackdown on surging teenage use of such products, reports of vaping-related lung disease and some deaths. Walmart's move comes on the heels of bans on sales of flavoured vaping products in New York and Michigan and after the Trump administration announced plans to remove all flavoured e-cigarettes from store shelves as officials warned that sweet flavours had drawn millions of children into nicotine addiction. President Donald Trump and other top U.S. officials also expressed concern about the growing use of such products as health officials investigate the matter.
Walmart is getting out of the vaping business. The nation's largest retailer said Friday that it will stop selling electronic cigarettes at its namesake stores and Sam's Clubs in the U.S. when it sells out its current inventory. The nation's largest retailer said the move is due to "growing federal, state and local regulatory complexity" regarding vaping products.
Atlas Technical Consultants Plans to Go Public via Combination with Boxwood Merger Corp. By John Jannarone From New York’s airports to crumbling roads in California, it’s no secret that U.S. infrastructure needs a helping hand. Fortunately for investors, there’s a soon-to-list company whose job is to be just that. Atlas Technical Consultants is a leading […]
Target's (TGT) healthy cash flow generation capability and efficient capital allocation efforts help it to enhance shareholder value. The company announces share repurchase plan of $5 billion.
Bernstein downgraded Costco stock to “underperform” due to its high valuation and competitive pressure. Jim Cramer suggests a “buy” on the downgrade.
Walmart is to stop selling e-cigarettes, cutting off a significant source of sales for the vaping industry as it grapples with a backlash over teenage usage and the emergence of mysterious health problems associated with the products. regarding e-cigarettes” for the decision announced Friday, which will further narrow the route to market for brands such as Juul. It comes at the end of another difficult week for the vaping sector, during which US health officials said they had identified 530 cases of lung damage linked to e-cigarette use.
Over a pint of beer at a pub in London’s wealthy Belgravia district, British business tycoon Jim Ratcliffe drew up his most audacious plan yet. The billionaire founder of chemicals giant Ineos decided to resurrect the Land Rover Defender — a classic four-wheel drive off-roader based on the original 1948 model, a reliable workhorse favoured by farmers and army battalions, with the Queen among its fans. at a new factory in South Wales in Bridgend from 2021, in contrast to fellow Brexiter James Dyson, who is seeking to build a car from scratch in Singapore.
Microsoft (MSFT) stock appears to be one of safest mega-cap tech buys out there at the moment, even at its new all-time highs. And it just raised its dividend and announced a new share buyback program.
The Business Roundtable, a group that represents the most powerful companies in America, has named Walmart President and CEO Doug McMillon as its new chairman. McMillon succeeds JPMorgan Chase Chairman and CEO Jamie Dimon in the role. McMillon will serve as Business Roundtable chairman at the beginning of the new year, with a two-year term.
Given the sharp rise in Target stock, the upside could be limited. However, we expect Target to continue to post healthy comps and earnings growth.
In fact, imposition of tariffs has left some of the retailers with no other choice than to go for selective price increases, while trying not to hurt sales during the holiday season.