A pedestrian pass for the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Stock futures were flat on Monday in the stock market as the S&P 500 again failed to reach a record high, set a level before the coronavirus crisis hit. Futures on the Dow Jones …
Read More »Traders choose the prize winners ahead of quarterly versions
It is the time of retail in the spotlight. Walmart, Home Depot, Kohl’s and Target are among the names reporting this week. This comes after July in retail sales recovered all pandemic losses from coronavirus. Delano Saporu, founder of New Street Advisors, said it makes sense to stay with the …
Read More »How Coach owns Tapestry does it better online than other retailers
Buyers walk past a Coach outlet store. Luke Sharrett | Bloomberg | Getty Images Coach and Kate Spade owner Tapestry said Thursday that online sales in the last four years increased a three-digit percentage from a year ago as consumers sat at home during the coronavirus pandemic to their websites …
Read More »Impossible Foods brings a meatless burger to Walmart
Impossible Foods CEO Patrick Brown said launching the Impossible Burger at Walmart is a “very significant step” for the company, as the discount retailer is the largest meat seller in the United States. “Walmart is the world’s largest food retailer,” Brown said Thursday in “Closing Bell.” “It has a great …
Read More »McDonald’s Q2 2020 profit loss estimates
Customers sit in McDonald’s outdoor seats in Union Square as the city moves to Phase 3 of its reopening following restrictions imposed to curb the coronavirus pandemic on July 7, 2020 in New York City. Alexi Rosenfeld | fake pictures McDonald’s reported Tuesday that its quarterly revenue fell by nearly …
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