Beauty poised for growth at Target and Kohl’s as shoppers prep for parties, shop in person again

A Sephora shop inside a Kohl’s store, and an Ulta Beauty shop inside a Target store. Source: Kohl’s; Target Beauty is always a big holiday category, but this year it’s poised to be even bigger. Shoppers aren’t just looking for perfumes or candles to give to family and friends. They are eager to replenish makeup … Read more

Black Friday shopping in stores drops 28% from pre-pandemic levels as shoppers spread spending throughout the season

Shoppers with bags from various stores stand next to each other as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021. Jon Cherry | Reuters Traffic at retail stores on Black Friday dropped 28.3% compared with 2019 levels, as Americans shifted more of their spending online and … Read more

Sitting out the season: A record number of Americans say they won’t be buying holiday gifts this year

Donna Hilliard, executive director at Code Tenderloin, said the non-profit group serving the homeless population is currently seeing more demand than it has ever seen. Source: Code Tenderloin Code Tenderloin, a nonprofit group serving the homeless in San Francisco, said it has about $7,000 worth of gift cards to hand out to those who need … Read more

Walmart looks to grab shopper attention with star-studded online shopping events

The Walmart+ home screen on a laptop computer in Brooklyn, New York on Wednesday, Nov. 18, 2020. Gabby Jones | Bloomberg | Getty Images Walmart is adding another tool to its arsenal this holiday season to drum up online sales: More than 30 livestreaming events, including one with musician Jason Derulo that kicks off Cyber … Read more

‘What an opportunity to buy things’ — Cramer likes stocks tied to strong American consumer

CNBC’s Jim Cramer said Friday the recent market underperformance of non-tech stocks gives investors the chance to purchase names that do well when Americans spend their money. “What an opportunity to buy things that are being thrown away left and right,” Cramer said on “Squawk on the Street,” as Dow futures pointed to an over … Read more

Here are Thursday’s biggest analyst calls of the day: Amazon, Deere, Square, Uber, Dick’s Sporting Goods & more

Here are the biggest calls on Wall Street on Source link

5 things to know before the stock market opens Wednesday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady after more retail earnings, near-record closes Traders work on the floor of the New York Stock Exchange (NYSE) on November 15, 2021 in New York City. Spencer Platt | Getty Images U.S. stock … Read more

Walmart says it’s ready for holidays — but hasn’t yet seen huge wave of early shoppers

Jonathan Mary fixes the sign indicating that there are 30 more days until Christmas at a Walmart store in Miami, Florida.  Joe Raedle/Getty Images Retailers are betting fears of out of stocks and shipping delays will inspire people to hit the mall, stores and websites and hunt for gifts earlier this holiday season. That wave … Read more

5 things to know before the stock market opens Monday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to jump 100 points after breaking 5-week winning streak Markets were higher after new Labor Department numbers showed that nonfarm payrolls increased by 531,000 for the month of October. Spencer Platt/Getty Images 2. Retail earnings … Read more

Stocks making the biggest moves midday: Tesla, Lordstown Motors, Warby Parker and more

The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of the health care giant rose 1.7% after Johnson & Johnson … Read more