Tag: Goal Corp
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The benefits of shrinking food stamps pose a challenge for retailers
Pandemic-related emergency funding from the Supplemental Nutrition Assistance Program, formerly known as food stamps, ended this month in most states. For retailers such as Kroger, Walmart and Dollar General, the drop in SNAP dollars will put pressure on open sales. Add in lower tax refunds on average this year and shoppers will have fewer dollars […]
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Best Buy and Atrium Health sign deal for hospital care at home
Best Buy’s Geek Squad will install healthcare devices that power a hospital-at-home program for Atrium Health, a North Carolina-based nonprofit. Best Buy Best Buy is best known for installing TVs and home theater systems. Now the Geek Squad helps set up virtual hospital rooms. The consumer electronics retailer said Tuesday it has signed a three-year […]
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Dish, Target, Zoom, Arconic and more
Dish Networks exhibiting at CES 2016 in Las Vegas. Justin Solomon | CNBC Check out the companies making the biggest strides in premarket trading: Dish Network – Shares of the satellite company fell nearly 5% amid the multi-day service outage and Bank of America’s double downgrade. Dish shares are down 13.5% in 2023, amid a […]
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Target (TGT) earnings Q4 2022
Target will report on its fiscal fourth quarter Tuesday before the bell. The big-box retailer has fallen short of earnings expectations for three straight quarters and warned of weak holiday sales. It will hold a conference call with analysts at 9 a.m. ET and will also host an investor day in New York City. A […]
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Can’t figure out the economy? Walmart, Home Depot also have problems
The two top retailers last week issued cautious US consumer forecasts for 2023. Walmart said consumer spending would start the year strong, but decline. Home Depot expects revenues to remain flat this year, but to be supported by equity. Retail saw its worst week since July 2022, yet the latest inflation and retail sales data […]
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Walmart and Home Depot are starting sales earnings this week
Walmart and Home Depot are kicking off the sales season this week. Industry observers expect companies to adopt a more cautious tone as inflation continues. Healthier profit margins can be a silver lining as some costs come down. Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, USA on Wednesday, December […]
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Fall in the market, optimism about club stocks
Top 10 Things to Watch Friday February 17 1. Thursday’s late market sell-off over hawkish Fed talk continues through Friday with the Dow, the S&P 500 and the Nasdaq expected to move lower will open. The oil price falls by 3%. The yield on 10-year Treasuries, around 3.9%, is the highest since November. 2. Deere […]