Instacart prices IPO at $30 a share
Fidji Simo, chief executive officer of Instacart Inc., speaks during a Bloomberg Studio 1.0 interview in San Francisco, California, U.S., on Thursday, March 3, 2022. David Paul Morris | Bloomberg …
Target Corp
Target strikes deal with jeweler Kendra Scott
Shoppers will soon see jewelry designed by Kendra Scott at about 150 Target stores. Most of the items will be under $40. Target Target said Tuesday that it has struck …
Kroger (KR) earnings Q2 2023
Good news for consumers could be bad news for Kroger. As prices that shoppers pay for groceries stabilize or fall, the supermarket operator’s sales are sagging. On Friday, the company …
How much shrink and retail theft cost Lowe’s, Target, Macy’s
Anti-theft locked beauty products with customer service button at Walgreens pharmacy, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images A range of retailers are again blaming …
Walmart cuts starting pay for new hires who prepare online orders, stock shelves
A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early …
Walmart tries to grow third party marketplace with Las Vegas event
Walmart is hosting its first seller summit businesses that are part of its third-party marketplace. The two-day event includes how-to sessions and remarks by the retailer’s top leaders. Melissa Repko …
Instacart files to go public on Nasdaq to unfreeze tech IPO market
Instacart, the grocery delivery company that slashed its valuation during last year’s market slide, filed its paperwork to go public on Friday in what’s poised to be the first significant …
With retail reporting consumer weakness, Cramer says stick with tech
CNBC’s Jim Cramer on Wednesday discussed Wall Street’s attitude toward consumer-focused companies, saying that consumer weakness has sent the stock of many companies shooting down. “When the consumer’s tapped out, …
Abercrombie & Fitch (ANF) earnings Q2 2023
An Abercrombie & Fitch store in San Francisco. Getty Images Shares of Abercrombie & Fitch soared in premarket trading, after the retailer crushed Wall Street’s earnings and sales expectations for …
Lawmakers eye sale of recalled baby products Facebook in safety push
Jaap Arriens | Nurphoto | Getty Images WASHINGTON — House lawmakers cited the continuing sale of recalled baby products linked to infant deaths on Meta‘s Facebook in a round of …