Retail
GameStop, Reddit, and Digital World Acquisition See Volatility Amid Market Activity
Key Factors Driving Movement in Stock Prices GameStop (GME), Reddit (RDDT), and Digital World Acquisition (DWAC) are among today's stock...
Macy’s Opens Books to Potential Buyers, Shares Surge
Department Store Operator Enters Confidentiality Pact with Arkhouse and Brigade Capital, Signaling Progress in Acquisition Talks Macy's Inc has made...
Arkhouse and Brigade Capital Advance Bid for Macy’s, Proxy Battle Persists
Progress Towards Due Diligence Amidst Negotiations and Board Tensions Arkhouse Management and Brigade Capital's bid to take Macy’s private has...
The Rising Tide of Refund Fraud: How Organized Groups Exploit Retailers for Billions
Refund fraud has evolved into a sophisticated operation, resembling a well-structured business model, and it’s bleeding retailers of billions of...
Target Projects Another Year of Soft Sales Despite Strong Holiday Performance
Target reported better-than-anticipated results for the holiday quarter, yet foresees another year of sluggish sales growth. Target (TGT) reported better-than-anticipated...
Thrasio Files for Chapter 11 Bankruptcy Amidst Aggregator Market Challenges
Thrasio, a top Amazon aggregator, has filed for Chapter 11 bankrutpcy. Thrasio, a prominent Amazon (AMZN) aggregator, has initiated Chapter...
Macy’s Shifts Strategy: A New Chapter Unfolds
Embracing a forward-looking growth strategy, Macy's (M) announced plans on Tuesday to shutter approximately 150 of its namesake stores while...
Resilience Amidst Market Shifts: Lowe’s Triumphs Over Expectations
In defiance of subdued home improvement activities, Lowe's (LOW) triumphed over projections from Wall Street in its quarterly earnings and...
Amazon’s Inclusion Revamps Dow Jones Industrial Average
A seismic shift reverberates across Wall Street this week as the venerable Dow Jones Industrial Average undergoes a transformation to...
Carvana Achieves Record Sales and Profits in 2023, Sets Ambitious Goals for 2024
Carvana Co. (CVNA), a prominent e-commerce platform specializing in used car sales, announced its financial results for the fourth quarter...
