Retail sales grew at a slower pace than Wall Street had expected in December. Retail sales rose 0.4% sequentially in December. Economists had expected a 0.6% rise in spending, according to Bloomberg data....
Retail companies have been through the gauntlet. The pandemic, rising inflation, and the shift of consumer spending to travel and other services have pressured the stock performance of many retail companies....
Hindenburg said its research uncovered $800 million in loan sales to a “suspected undisclosed” related party and details on how accounting manipulation and lax underwriting fueled temporary reported...
Check out these three retail footwear & apparel stocks that can build off of their success in 2024 and keep rising in the new year.
Retail sentiment on Stocktwits turned ‘bullish’ compared to ‘bearish’ a month ago.
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Walgreens Boots Alliance has significantly underperformed other retail stocks over the past year and analysts remain cautious about the stock’s prospects.
The U.S. economy expanded at an annual rate of 3.1% from July through September, driven by strong consumer spending and increased exports, according to the Commerce Department’s revised estimate. This...
The loan, secured under the Title 17 Clean Energy Financing Program, will fund the construction of 7,500 new fast-charging stalls nationwide.
The company posted loss per share of $0.27 versus the expected earnings per share of $0.06 quoted by Wall Street analysts.
GameStop’s hardware and software sales fell 28% and 15%, respectively to $417.4 million and $271.8 million, respectively.