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Bed Bath & Beyond Secures Loan Deal As It Tries To Stay Afloat: Report
Tuesday, August 23, 2022 - 9:40pm | 451Beleaguered retailer Bed Bath & Beyond Inc (NASDAQ: BBBY) has reportedly secured a loan deal to bolster its balance sheet. What Happened: The New Jersey-headquartered home goods retailer has selected a lender following a marketing process undertaken by JPMorgan Chase & Co (NYSE: JPM), the...
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Cannabis Movers & Shakers: 357, Perfect Union, Terra Tech, Rapid Therapeutic, Hero Technologies
Tuesday, January 26, 2021 - 2:06pm | 901Here is a summary of the latest leadership changes within the cannabis industry. 357’s Hemp Logistics Division Appoints New Strategic Advisor 357 Hemp Logistics has tapped Jeremy Powers to serve as strategic advisor. Powers brings over two decades of experience in the logistics industry....
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Cannabis Movers & Shakers: Pure Harvest, Allied, Bluma, Vitalis, Aurora, MedMen, Flora Growth
Friday, December 4, 2020 - 9:31am | 1254Here is a summary of the latest company shakeups within the cannabis industry. Pure Harvest Welcomes David Chessler As Strategic Investor Cannabis and hemp-CBD company Pure Harvest Corporate Group Inc. (OTCQB: PHCG) has tapped David Chessler's family office, Chessler Holdings, to serve as...
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Burlington Stores Deserves Premium Valuation Despite Being Smallest Player, Analyst Says
Wednesday, October 28, 2020 - 1:00pm | 359Off-price retailer Burlington Stores Inc (NYSE: BURL) is the smallest and least profitable company in the category yet it warrants a premium stock valuation versus the group, according to Jefferies. The Analyst: Janine Stichter initiated coverage of Burlington's stock with a Buy rating and $225...
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Home Depot Analyst Says Renovation Cycle May Be 'Petering Out'
Tuesday, May 21, 2019 - 12:21pm | 431Home Depot Inc (NYSE: HD)’s near-term outlook could be dampened by spring rains, and the big box retailer could also be facing a slowing long-term renovation cycle, according to Bank of America Merrill Lynch. The retailer's first-quarter earnings print showed lower-than-expected comps....
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Goldman Sachs Upgrades Tractor Supply On Favorable Macro Trends, Business Drivers
Monday, April 16, 2018 - 4:34pm | 424Tractor Supply Company (NASDAQ: TSCO) is well-positioned to take advantage of two notable macro tailwinds and three company-specific initiatives, according to Goldman Sachs. The Analyst Goldman Sachs' Matthew Fassler upgraded Tractor Supply from Neutral to Buy with a price target lifted...
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A Reputation Expert's Advice For H&M After Racially Insensitive Clothing Scandal
Thursday, January 11, 2018 - 4:39pm | 711In an age of weaponized social media, when a brand like H&M Hennes & Mauritz AB ADR (OTC: HNNMY) releases an offensive advertisement, the shockwaves are felt around the world. The clothing retailer often demonstrates that it undertakes corporate responsibility activity and works hard to...
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UBS Raises Dicks Sporting Goods Price Target, Could See String Of Accelerating Gains
Friday, August 12, 2016 - 12:48pm | 325Dicks Sporting Goods Inc (NYSE: DKS) has a favorable risk to reward profile, at least according to Michael Lasser of UBS. In a report published Friday, Lasser said Dicks' upcoming second quarter earnings print (August 16) could "set the stage for a string of accelerating gains."...
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Watch Out Footwear Investors, Winter Was Worse Than Last Year
Thursday, February 18, 2016 - 1:04pm | 542The warmer-than-expected weather and lower store traffic have softened retail demand for the U.S. footwear industry. This could be negative for companies such as Boot Barn Holdings Inc (NYSE: BOOT) Columbia Sportswear Company (NASDAQ: COLM), Deckers Outdoor Corp (NYSE: DECK), Rocky Brands Inc (...
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Shares Of Zumiez Surge Following Release Of Sales Metrics, Raised Guidance
Thursday, January 7, 2016 - 10:50am | 152Shares of Zumiez Inc. (NASDAQ: ZUMZ) spiked higher by more than 15 percent after the company provided a business update on its sales and revised its fourth quarter guidance. Zumiez said that total net sales for the five-week period ending January 2, 2016 fell 6.2 percent to $134.5 million compared...
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Retailers Bring the Heat this Week
Monday, November 14, 2011 - 7:50am | 220The market will be bombed by earnings from leading retailers this week, with Walmart (NYSE: WMT) and Target (NYSE: TGT) leading the pack. For my money I would listen to the Abercrombie & Fitch (NYSE: ANF) conference call on Wednesday, which may get a bit testy following the stock's 22%...
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Today's Biggest Small Cap Losers Could Get Worse: Catalog & Internet Retailers
Thursday, January 14, 2010 - 7:05pm | 146Despite brisk online sales this past holiday shopping season, the luster may be wearing off the entire internet retailing group.... the small caps in particular. GSI Commerce Inc., HSN, Inc., and Blue Nile, Inc. - each of which ran firmly in December (or even before) - may now be feeling the...