Tag Retail industry

Blue Apron to be acquired by Wonder Group for $103 million, capping tumultuous post-IPO ride

Blue Apron to be acquired by Wonder Group for $103 million, capping tumultuous post-IPO ride

Scott Eisen | Getty Images News | Getty Images Meal equipment enterprise Blue Apron announced Friday it has agreed to promote itself to meals and restaurant firm Wonder Group, based

Continue ReadingBlue Apron to be acquired by Wonder Group for $103 million, capping tumultuous post-IPO ride

Toys R Us is planning a brick-and-mortar comeback in the U.S., with up to 24 new flagship stores

Toys R Us is planning a brick-and-mortar comeback in the U.S., with up to 24 new flagship stores

Toys R Us is plotting a daring comeback in the U.S., because it plans to increase its brick-and-mortar presence with as many as 24 new flagship stores and a separate

Continue ReadingToys R Us is planning a brick-and-mortar comeback in the U.S., with up to 24 new flagship stores

LVMH boss Bernard Arnault under investigation in Paris over Russian oligarch transactions

LVMH boss Bernard Arnault under investigation in Paris over Russian oligarch transactions

Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a information convention to current the 2022 annual outcomes of LVMH in Paris, France, January 26, 2023. Gonzalo

Continue ReadingLVMH boss Bernard Arnault under investigation in Paris over Russian oligarch transactions

GameStop’s survival demands ‘excessive frugality,’ CEO Ryan Cohen tells employees

GameStop’s survival demands ‘excessive frugality,’ CEO Ryan Cohen tells employees

A GameStop location on sixth Avenue on March 23, 2021 in New York. View Press | Corbis News | Getty Images Just hours after being named GameStop‘s CEO, Ryan Cohen

Continue ReadingGameStop’s survival demands ‘excessive frugality,’ CEO Ryan Cohen tells employees

Nike misses revenue expectations for the first time in two years, beats on earnings and gross margin

Nike misses revenue expectations for the first time in two years, beats on earnings and gross margin

Nike reported revenue Thursday that fell in need of Wall Street’s gross sales expectations for the first time in two years, however it beat on earnings and gross margin estimates.

Continue ReadingNike misses revenue expectations for the first time in two years, beats on earnings and gross margin

We’re picking our spots and buying more shares of three companies in a market tilting oversold

We’re picking our spots and buying more shares of three companies in a market tilting oversold

As Wall Street will get able to transition from a seasonally weak interval to a more favorable one, we’re placing cash to work. Source link

Peloton shares soar on digital content material, apparel partnership with Lululemon

Peloton shares soar on digital content material, apparel partnership with Lululemon

Jen Van Santvoord rides her Peloton train bike at her dwelling in San Anselmo, California. Ezra Shaw | Getty Images Peloton shares spiked Wednesday after the corporate introduced a five-year

Continue ReadingPeloton shares soar on digital content material, apparel partnership with Lululemon

What Cramer thinks a potential government shutdown, auto strike mean for equities

What Cramer thinks a potential government shutdown, auto strike mean for equities

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Equities surrender good points Costco

Continue ReadingWhat Cramer thinks a potential government shutdown, auto strike mean for equities