The coronavirus pandemic has widened the gap between winners and losers of retail, increasing the capacity of large U.S. chains that could remain open throughout the pandemic and feed America’s basic needs. The evidence was strong this week when nationwide retailers revealed they were heading out the summer months in …
Read More »Hanesbrands improved sales at major retailers such as Walmart and potential market share gains from Victoria’s Secret store closings
Hanesbrands Inc. HBI, + 11.87% Shares rose 5.6% in pre-market trading on Wednesday after it was upgraded to a strong market buy in Raymond James based on its distribution to major retailers and possible market share gains from closings. from Victoria’s Secret stores. Raymond James is priced at $ 20 …
Read More »The Dow Jones Industrial Average gains 580 points because no one knows if the stock market is going up or down
Text size Raise your hand if you saw it coming? That’s the massive gain from the Dow Jones Industrial Average, of course. The Dow was up 580.25 points, or 2.3%, while the S&P 500 was up 1.5%, and the Nasdaq Composite finished 1.2%. The first gains were boosted by Boeing …
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