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Market Extra: Shoppers. Shoppers. Shoppers. Wall Street is watching you

There’s a lot hanging on the U.S. consumer this holiday shopping season as stocks sit near record territory and COVID-19 cases threaten to dampen the economic recovery......»»

Category: topSource: marketwatchNov 21st, 2020

San Jose-based QuantumScape is hunting for more talent, new HQ after soaring Wall Street debut

While holiday shoppers focused on finding "Black Friday" bargains, investors scooped up shares of San Jose-based battery company QuantumScape, driving its share price up by 55% and giving it a market cap of about $1.1 billion......»»

Category: topSource: bizjournalsNov 27th, 2020

QuantumScape hunting for more talent, new HQ after soaring Wall Street debut

While holiday shoppers focused on finding "Black Friday" bargains, investors scooped up shares of battery company QuantumScape, driving its share price up by 55% and giving it a market cap of about $1.1 billion......»»

Category: topSource: bizjournalsNov 27th, 2020

Target quarterly same-store sales beat, raises full-year profit forecast

Target Corp beat Wall Street estimates for quarterly same-store sales on Wednesday, as the big box retailer benefited from higher online sales and an increase in shoppers at its stores, sending shares up 5% in pre-market trading......»»

Category: topSource: reutersAug 21st, 2019

Walmart shoppers have a 'spring in their step' this Black Friday, US CEO says - Yahoo Finance

Yahoo FinanceWalmart shoppers have a 'spring in their step' this Black Friday, US CEO saysYahoo FinanceThe fall's stock market rout and Wall Street's growing fears of an economic slowdown haven't reached Main Street, as see.....»»

Category: topSource: googlenewsNov 22nd, 2018

The Wall Street Journal: Americans are spending less at grocery stores as second round of stimulus checks remain on hold

Grocery shoppers are cutting back on spending, data show, a sign that Americans are hurting for cash as the federal unemployment stimulus remains on hold for most recipients......»»

Category: topSource: marketwatchAug 31st, 2020

P&G sees best U.S. sales in decades as shoppers stock up

Procter & Gamble Co beat Wall Street expectations for quarterly profit on Friday as it reported its best U.S. sales growth in decades thanks to consumers stockpiling cleaning essentials in lockdowns against the coronavirus......»»

Category: topSource: reutersApr 17th, 2020

P&G profit tops estimates as shoppers stock up on diapers, toilet rolls

Procter & Gamble Co beat Wall Street expectations for quarterly profit on Friday as consumers stockpiled on everything from diapers and detergent to toilet rolls amid sweeping lockdowns to curb the spread of the coronavirus......»»

Category: topSource: reutersApr 17th, 2020

The Wall Street Journal: Bare shelves at retailers amid crush of demand for sanitizer, cleaning supplies, dry goods

Supermarkets and other retailers are preparing for a surge in demand and shoppers are stocking up on staple foods and cleaning supplies as more cases of the new coronavirus appear in the U.S......»»

Category: topSource: marketwatchMar 1st, 2020

The Wall Street Journal: Holiday shoppers flocked to online stores, preliminary data shows

Total U.S. retail sales for Nov. 1 through Christmas Eve rose 3.4% from a year earlier, according to Mastercard SpendingPulse, which tracks both online and in-store spending with all forms of payment......»»

Category: topSource: marketwatchDec 26th, 2019

Kohl"s makeover isn"t working

Kohl's innovative strategy to draw customers into its stores won the company praise and fans on Wall Street. But shoppers are going elsewhere, and investors are losing confidence in Kohl's......»»

Category: topSource: moneycentralNov 19th, 2019

Kohl"s makeover isn"t working

Kohl's innovative strategy to draw customers into its stores won the company praise and fans on Wall Street. But shoppers are going elsewhere, and investors are losing confidence in Kohl's......»»

Category: topSource: moneycentralNov 19th, 2019

Costco quarterly sales miss estimates amid fierce competition

Costco Wholesale Corp reported quarterly revenue below Wall Street estimates on Thursday, as the U.S. hypermarket chain struggled to attract shoppers in the competitive grocery space......»»

Category: topSource: reutersOct 3rd, 2019

Target raises profit forecast as online sales power second-quarter beat

Target Corp beat Wall Street estimates for quarterly profit and raised its annual forecast on Wednesday, as higher investments to cater to changing shopping habits lifted online sales and attracted more shoppers, sending shares up 7%......»»

Category: topSource: reutersAug 21st, 2019

EBay beats estimates as more shoppers flock to site, shares rise

EBay Inc beat Wall Street estimates for quarterly revenue and profit on Wednesday, as a multi-year effort to make its platforms easier to use attracted more customers, sending its shares up 5%......»»

Category: topSource: reutersJul 17th, 2019

Target quarterly results trounce estimates on higher online sales

Target Corp's same-store sales and profit for the first quarter beat Wall Street estimates on Wednesday, benefiting from higher online sales and an increase in shoppers at its stores, sending its up nearly 8% in early trading......»»

Category: topSource: reutersMay 22nd, 2019

The Wall Street Journal: Visa, Mastercard may team up on shared payment button for online shopping

Visa Inc. and Mastercard Inc., the two largest U.S. card networks, said Wednesday that they’re planning to drop their longstanding initiatives to get online shoppers to use dedicated payment buttons......»»

Category: topSource: marketwatchApr 18th, 2018

Report: Amazon bans shoppers who make too many returns

According to the Wall Street Journal, Amazon bans customers for making too many returns and doesn’t always let the customer know. Veuer's Sam Berman has the full story.    .....»»

Category: topSource: usatodayMay 23rd, 2018

J.C. Penney abandons millennials as it weathers an identity crisis

A JCPenney executive told The Wall Street Journal that the company "took its eye off of its core customer" — the middle-aged mom — in its effort to appeal to millennials. It is now trying to win back these shoppers......»»

Category: topSource: moneycentralJul 27th, 2018

J.C. Penney abandons millennials as it weathers an identity crisis

A JCPenney executive told The Wall Street Journal that the company "took its eye off of its core customer" — the middle-aged mom — in its effort to appeal to millennials. It is now trying to win back these shoppers......»»

Category: topSource: moneycentralJul 27th, 2018

Home Depot"s second-quarter sales top estimates, shares rise early

Home Depot Inc on Tuesday reported second-quarter sales that beat Wall Street estimates and revised its earnings forecast for the year, boosted by a rebound in demand for seasonal merchandise and as more shoppers made purchases......»»

Category: topSource: reutersAug 14th, 2018