Here’s the real reason Target’s stock is dropping

cnn.com If you follow right-wing media or Twitter, you may have seen a lot of coverage recently about Target’s stock price falling. But the explanation for why it’s happening is…

Despite soaring jobs market, major U.S. retailers warn consumers are puling back

fortune.com Investors on Friday were treated to blowout labor market data and an end to the weeks of debt ceiling turmoil, lifting the Nasdaq past its August peaks to mark a fresh…

Why Dollar General is finally feeling slower consumer spending

businessinsider.com Dollar General shoppers are pulling back on discretionary purchases, hurting the retailer's earnings. • Smaller tax refunds and inflation are some of the reasons why, its…

Jim Cramer's top 10 things to watch in the stock market Friday

cnbc.com My top 10 things to watch Friday, June 2 1. Jobs growth 339,000 in May versus 190,000 expected. Wages decelerate. Unemployment rate rose to 3.7% versus decline to 3.5%…

Dollar General’s cash-strapped customers are turning to food banks, CEO says

cnn.com Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Dollar General’s stock just had one of…

Even dollar stores are hurting as consumers get more cautious

finance.yahoo.com Signs of an increasingly cautious consumer and looming recession aren't helping America's dollar store chains. While dollar stores have previously thrived in times of…

WRAPUP U.S. consumer outlook dims as upscale retailers, discounters slash forecasts

reuters.com Weak profit forecasts from department store chain Macy's (M.N) to discounter Dollar General (DG.N) on Thursday underscored the fragile health of the U.S. consumer as…

Dollar General Forecast Shows Just How Much Shoppers Are Hurting

yahoo.com In case there was any doubt, the lower-income US consumer is in full retreat. • None China Is Drilling a 10,000-Meter-Deep Hole Into the Earth • None S&P 500 Almost Wipes…

Companies With the Worst Reputations

247wallst.com It can take years for a company to build a good reputation, and just one misstep to ruin it. Businesses lose a positive image for a variety of reasons: bad customer service,…

49 people have been killed at Dollar General stores since 2014. Workers are protesting for safer conditions

cnn.com Dollar General is the fastest-growing retailer in America, opening about 1,000 stores a year. But following repeated violent incidents and federal workplace safety…

Las Vegas Or Not, A’s Continue To Be An Albatross Around MLB’s Neck

forbes.com Whether it’s past, present, or future, the story of Major League Baseball’s Athletics has been one of an albatross around the league’s neck. The A’s have been a nomadic team…

The collapse of the 'unremarkable middle' might be the best way to describe what's going wrong for retailers right now

businessinsider.com Bankruptcies like Bed Bath & Beyond might become more common with pandemic spending over with, Steve Dennis, a retail consultant, said on a recent podcast. Lindsey…

Costco customers are bypassing the beef aisle to shop for chicken and pork as a recession looms

businessinsider.com Costco is seeing sales shift rom Justin Sullivan/Getty Images Costco shoppers are ditching pricey meat products for cheaper alternatives. Execs from the warehouse chain said…

Crypto Industry’s Reputation Takes a Hit: FTX and Bitcoin Rank at the Bottom of 2023 Axios Harris Poll 100

bitcoin.com A recent survey conducted by Axios and Harris Poll, which polled 16,310 Americans, has revealed some interesting findings about the reputation of two select entities in the…

Retail Earnings: Kohl's Surges, ELF Beauty's A Buy; Rival Ulta Beauty Dives

investors.com Dollar Tree tumbled this week after lowering its guidance in its mixed Q1 report. Kohl's (KSS) and Russel 2000 component ELF Beauty (ELF) surged Wednesday as the week's wave…

Memorial Day store openings hours at Best Buy, Home Depot, Costco and more

newsweek.com Many businesses, government entities and schools are typically closed on Memorial Day, but a large number of stores do remain open and keep their regular hours in place for…

Businesses Saying No to Unsupervised Teens

pymnts.com The storied teenage tradition of the mall hangout could be coming to an end. Malls, movie theaters and other businesses around the country are increasingly imposing rules…

Ulta Beauty Follows a Disturbing New Retail Trend

thestreet.com Get Free Report enhanced its beauty and skin care digital capabilities in 2022 with the creation of the GLAMlab, which is a virtual way of trying on products before…

How Costco is winning the war against rising retail theft

businessinsider.com Walmart, Target, and other major retailers are sounding alarms about rising losses due to theft. • Costco's CFO says the wholesale club has been fortunate to avoid the wider…

Dollar Tree may be raising prices due to crime as profits fall

nypost.com Dollar Tree Inc. may up its prices in some areas because of theft, according to the discount retailer’s CFO. While speaking to analysts and investors on Thursday morning,…

Ulta Beauty Reports Strong Sales Growth Despite Dealing With Retail Theft

pymnts.com Ulta Beauty CEO Dave Kimbell shared the company’s first-quarter results on Thursday (May 25), highlighting a 12.3% increase in sales compared to the previous year.…

Theft and Thrift Squeeze Dollar Tree

wsj.com Dollar Tree is still in its early stages of a turnaround. Making that extra buck of profit is proving to be difficult at Dollar Tree .

Dollar Tree Plunges After Profit Tumbles As Thieves Pillage Stores

zerohedge.com Dollar Tree Plunges After Profit Tumbles As Thieves Pillage Stores The consumer market is splitting into: the first, luxury segment, which caters to the ultra wealthy has…

Dollar Tree is considering locking up products to deter theft

businessinsider.com Dollar Tree dealt with more "shrink," during the first quarter of this year, executives said on an earnings call Thursday. Mario Tama/Getty Images Dollar Tree faced higher…

Nvidia, Ralph Lauren rise; Dollar Tree, American Eagle fall

seattletimes.com Stocks that traded heavily or had substantial price changes Thursday: Nvidia, Ralph Lauren rise; Dollar Tree, American Eagle fall.

Baby Boomers and Seniors Turn to Ready-to-Eat Meals for Cost Savings

pymnts.com Grocers and other food retailers can win the spending of older consumers by offering low-cost ready-to-eat meal options. By the Numbers According to data from the latest…

Stock market today: Dow closes slightly lower as energy, Intel slump weigh By

investing.com Investing.com -- The Dow cut losses to close just below the flatline Thursday, as an Nvidia-led surge in tech was kept in check by a slump in energy and chipmaker Intel. The…

Frozen Food Drives Sales at Discount Stores as Consumers Seek Easy Meals

pymnts.com Consumers’ demand for more affordable quick meal solutions is sending them running to the freezer aisle, Dollar Tree CEO Rick Dreiling notes. On a call with analysts…

Futures Mixed Of Jobless Claims, GDP; Nvidia Soars On AI Chip Demand

investors.com The Dow Jones Industrial Average fell Thursday, while tech stocks jumped after weekly jobless claims and revised first-quarter GDP estimates came out ahead of the market…

Stocks making the biggest moves midday: Nvidia, Monolithic Power Systems, Ralph Lauren and more

cnbc.com Nvidia has found success in China by selling automotive chips to the country's electric car companies. But the U.S. semiconductor giant has been restricted from sending some…

Dollar Tree Lowers Profit Outlook Due to ‘Elevated Shrink’

pymnts.com Dollar Tree is apparently not immune to the shrinkage issue plaguing other retailers. The discount store chain released earnings results Thursday (May 25) showing an…

Dollar Tree Falls As Theft Cuts Into Bottom Line

marketbeat.com Sad but true, Dollar Tree confirms a growing trend in the retail world. Theft, euphemistically known as shrinkage, is on the rise and cutting into earnings, and this isn’t…

Dollar Tree Shares Fall 14% After Cutting Profit Outlook

wsj.com Shares of Dollar Tree fell about 14% after the discount retailer cut its full-year profit outlook amid concerns about rising store theft.

Stock market today: AI frenzy pulls Wall Street higher despite DC debt woes

aol.com A monster financial forecast from one of Wall Street’s most influential stocks is helping to support the market Thursday, as worries worsen about political rancor in…

Dollar Tree shares plunge after company misses on earnings, slashes full-year profit outlook

cnbc.com Shares of Dollar Tree plunged nearly 15% in early trading Thursday after the company fell short of Wall Street's earnings expectations for the most recent quarter and…

5 things to know before the stock market opens Thursday

cnbc.com Stocks are coming off a rough day. All three major indices took a dive Wednesday after debt ceiling negotiations yet again yielded no deal. We could be in for a jumbled…

Stocks making the biggest premarket moves: Nvidia, Best Buy, Snowflake, Carnival & more

cnbc.com The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Check out the companies making the biggest moves in premarket trading…

Dow futures fall 60 pts after Fitch warning; Nvidia powers tech sector higher

investing.com Investing.com -- U.S. stocks are seen opening in a mixed fashion Thursday with increased fears over a debt default weighing, but an upbeat earnings report from chipmaker…

30 Earnings Reports Due Thursday, May 25

247wallst.com There are 30 earnings reports scheduled for release Thursday, 17 before U.S. markets open and 13 after the markets close. The following table is based on data from…

Earnings Previews: Best Buy, Dollar Tree

247wallst.com In late-morning trading on Monday, the Dow Jones industrials were up 0.04%, the S&P 500 down 0.19% and the Nasdaq 0.21% lower. After U.S. markets closed on Monday, Zoom…

Shooting victim sues gas station after clerk locks customers inside with armed robber

siliconvalley.com By Kara Berg | The Detroit News One of the three men who was shot inside a Detroit gas station May 6 has filed a lawsuit against ExxonMobil Corp. and the owner of the gas…

Inventory Management, Consumer Spending Central In Big Week For Retail Earnings

investors.com Dick's Sporting Goods (DKS), Kohl's, Costco Wholesale, Ulta and ELF Beauty (ELF) are among the slew of retailers reporting quarterly results this week. Inventory management…

Not Even Walmart Is Immune in a Recession

thestreet.com If the economy does take a downturn, is any retailer immune? In this sneak peek from Action Alerts PLUS, team member Stephen 'Sarge' Guilfoyle said that while Walmart (WMT)…

Futures Mixed Ahead Of Debt Ceiling Talks

investors.com The Dow Jones Industrial Average fell Monday ahead of a meeting between President Joe Biden and House Speaker Kevin McCarthy, as debt ceiling talks failed to make progress…

Ultra-cheap Chinese shopping site Temu is becoming the new online dollar store

businessinsider.com Temu, which is based in Boston, Massachusetts, is a subsidiary of Chinese commerce company PDD Holdings. STEFANI REYNOLDS/AFP via Getty Images Temu is the internet's new…

Could the Fed raise rates again in June?

cnn.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…