[unable to retrieve full-text content]Russian retailer Wildberries to launch own brand home goods Reuters Source link
Read More »Russian retailer Wildberries to launch own brand home goods – Reuters
Travel stocks rise as spending shifts from goods to services
The rise in leisure and travel stocks highlights a shift in consumer spending from goods to services as the pandemic winds down. “We see signs of goods demand cooling, particularly in big ticket items, while services benefit from strong pent-up demand,” Savita Subramanian wrote in a recent BofA Global Research note. Case in point, airlines such as United (UAL) and American (AAL) predict reaching profitability amid strong demand. Luxury hotel operator Marriott International (MAR) has been… Source link
Read More »Google pulls the plug on e-commerce giant Wish in France for listing unsafe goods
Google pulls the plug on e-commerce giant Wish in France for listing unsafe goods | Fortune … Source link
Read More »Why Dick’s Sporting Goods is crushing it
Dick’s Sporting Goods (DKS) is riding a great deal of momentum into the all-important holiday shopping season. And there is more behind it than a second quarter that included stimulus checks to many U.S. households. Investors could boil the company’s much-better-than-expected quarter on Wednesday to several factors: 1) more outdoor-minded athletes have been formed during the pandemic; 2) Dick’s stores are becoming better places to shop amid investments in upgraded shopper experiences; and… Source link
Read More »Dick’s Sporting Goods gets serious about golf boom
The golf boom is continuing this year as people look for fun, socially distanced outdoor activities during the pandemic. And that has caused executives at Dick’s Sporting Goods (DKS) to reach into their cash coffers to upgrade the shopping experience at their important Golf Galaxy stores so they keep pace with rivals such as the PGA Superstore. Somewhat under the radar, Dick’s said on an earnings call Wednesday it would spend $20 million to bolster its Golf Galaxy stores in a bid to capture… Source link
Read More »Buy, Sell, or Hold the Latest From Dick’s Sporting Goods and Google Nest?
Dick’s Sporting Goods (NYSE:DKS) launches a new apparel line aimed at taking on Lululemon (NASDAQ:LULU). Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google unveils the newest version of the Nest Hub. In this episode of MarketFoolery, host Chris Hill is joined by Motley Fool analyst Bill Barker to share why he’s buying, selling, or holding these topics as well as the BEACH stocks. To catch full episodes of all The Motley Fool’s free podcasts, check out… Source link
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