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Why Major Retailers Like Foot Locker, Macy's Aren't Qualifying For Government Aid
Sunday, April 19, 2020 - 10:47pm | 534The list of national, well-known major retail brands that don't qualify for government assistance includes Abercrombie & Fitch Co. (NYSE: ANF), Bed Bath & Beyond Inc. (NASDAQ: BBBY), Foot Locker, Inc. (NYSE: FL), L Brands Inc (NYSE: LB) and Macy's Inc (NYSE: M), among others,...
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Tapestry Falls 15% Following Q3 Earnings; Kate Spade In Focus
Tuesday, May 1, 2018 - 1:19pm | 450Shares of Tapestry Inc (NYSE: TPR) fell more than 15 percent Tuesday after the parent company of multiple luxury fashion brands such as Kate Spade, Coach and Stuart Weitzman reported its third-quarter results. What Happened Tapestry beat EPS estimates by 4 cents, coming in at 54 cents per share;...
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Kroger, Target Trade Higher Amid Report The Companies Are Discussing A Merger
Friday, March 23, 2018 - 9:17am | 504Shares of Kroger Co (NYSE: KR) spiked more than 8 percent Thursday morning amid a report the grocer giant is in merger talks with department store Target Corporation (NYSE: TGT). What Happened Target and Kroger are in merger talks at a time when the entire grocery and food sector is looking at...
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The Dilemma Of CNBC's Courtney Reagan: Dinner Or Sleep?
Friday, March 16, 2018 - 12:27pm | 770CNBC’s Courtney Reagan keeps her sanity through a well-organized Google Drive. “I am a person actually that loves routine, but I’ve chosen the wrong job if that’s what I love,” the retail reporter told Benzinga. A Day In The Busy Business Life To call her schedule...
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Shocker? Today Is One Of The Busiest Online Shopping Days Of The Year
Tuesday, January 3, 2017 - 4:06pm | 396It seems a bit unusual For Tuesday, January 3, to be one of the busiest online shopping day of the year - but it is. According to CNBC's Courtney Reagan, many Americans are back at work on Tuesday and have amassed a collection of gift cards, unwanted gifts and tons of marketing emails and...
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Attention Investors: Here Is What You Need To Know About Last-Minute Shoppers
Friday, December 23, 2016 - 12:56pm | 347Today is Friday, Hanukkah begins Saturday and Christmas is on Sunday. Naturally, it is too late to place an order online (in most cases) but thankfully shopping malls still exist and retailers are more than eager to accommodate the last-minute crowd. CNBC's Courtney Reagan noted that Friday is...
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Flashback To 2009 When The Dow Was Sitting At 10,000
Tuesday, December 20, 2016 - 4:08pm | 396The Dow Jones Industrial Average hit the 10,000 milestone back in 1999, but the 2007/2008 financial crisis erased much of those gains. It wasn't until October 14, 2009, that the Dow closed above the 10,000 mark once more. Since then, a lot has changed. CNBC's Courtney Reagan took a look back at...
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Is Target The King Of Online Retail?
Monday, October 3, 2016 - 12:29pm | 365CNBC's Courtney Reagan conducted a test involving Amazon.com, Inc. (NASDAQ: AMZN), Target Corporation (NYSE: TGT) and Wal-Mart Stores, Inc. (NYSE: WMT). Regan placed an order at all three retailers for an identical set of eight different goods. Among the products ordered included diapers,...
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Retail's Changing Landscape: Here's What You Need To Know
Wednesday, May 11, 2016 - 4:09pm | 258Is there a fundamental shift in retail going on? According to CNBC's Courtney Reagan, there most certainly is. Here's what you need to know. Reagan argued that a shift in consumer spending habits continues to shape the retail landscape. While this change hasn't happened overnight...
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Here's Why The Coach-LVMH Deal Could Be A Hoax
Friday, December 12, 2014 - 5:00pm | 357After being on a continuous slump the whole year, shares of luxury retailer Coach Inc (NYSE: COH) have seen an upsurge since the last two days on rumors that the French luxury goods conglomerate, LVMH, might be interested in buying the company. However, CNBC's Courtney Reagan explained...
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Jeff Bezos: Amazon Is Just A Startup
Tuesday, December 2, 2014 - 3:11pm | 331Amazon.com, Inc. (NASDAQ: AMZN) is doing poorly when it comes to its quarterly results. However, its CEO Jeff Bezos considers the $150 billion company still as a startup and thinks that startups can’t provide stability to shareholders. Bezos made this comment while speaking at the Business...
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Best Buy CEO To CNBC: Holiday Season Is Hard To Forecast
Thursday, November 20, 2014 - 4:25pm | 284Best Buy Co Inc (NYSE: BBY) solidly beat earnings estimates on Thursday, surprising many on the Street. Just about a year ago, analysts on Street were suggesting that the electronic retailer could cease to exist in the near future. After facing a major slump in January, Best Buy’s stock is...
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CNBC's Survey On Retail Survivors In 25 Years
Thursday, July 31, 2014 - 4:54pm | 377CNBC's Courtney Reagan presented results on Thursday of the survey conducted by the network on retail investors that are capable to survive in the long run. She explained that Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) will be around in 25 years, because we are still going to live in...
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When Replacing Erin Burnett, CNBC Should Promote From Within
Thursday, May 5, 2011 - 5:41pm | 685At Benzinga, we appreciate our friends and neighbors. We respect the occasional stranger who knocks on our door and asks, “Hey, why do you have so many monitors?” And we understand that talented individuals come from a wide variety of places. But the things we respect and appreciate the most are...