Tag Archives: retail

After years of pop-up experiments, Google is finally dipping its toes in the physical retail waters with its first store, located underneath its offices in the Chelsea neighborhood in New York City. It will primarily feature Google’s own hardware products, including Pixel phones, Nest smarthome gadgets, Fitbits, and assorted other devices. There will also be a selection of third party accessories and Google-branded swag like hats or T-shirts. Google characterizes this as its “first”… Source link

By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales dropped more than expected in May, with spending rotating back to services from goods as vaccinations allow Americans to travel and engage in other activities that had been restricted by the COVID-19 pandemic. Despite last month’s decline reported by the Commerce Department on Tuesday, the trend in retail sales remains strong. Sales in April were revised sharply up and are well above their pre-pandemic level, keeping intact… Source link

Stock futures were mixed Tuesday morning investors considered a spate of new economic data, including a weaker-than-expected print on consumer spending during the recovery.  Contracts on the S&P 500 and Nasdaq rose, while contracts the Dow fluctuated between gains and losses. Investors considered another batch of key economic data out Tuesday morning, offering looks at both the strength of the consumer and extent of price increases across the supply chain.  The Commerce Department’s May… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, June 9, 2021 The meme trade is making options great again We know you know: the meme trade is back.  Clover Health (CLOV) and Wendy’s (WEN) were the stars on Tuesday, rallying after shares became the most popular tickers on wallstreetbets, the Reddit forum tracked closely by traders, media members, and Wall Street pros alike for signs… Source link

Let’s just say that investors really, really, REALLY love that Bed Bath & Beyond (BBBY) introduced three new, high margin private label brands on Wednesday.  Shares of the home goods retailer exploded by as much as 50% in afternoon trading as retail traders returned to old friend Bed Bath & Beyond (and meme trades such as AMC and BlackBerry) amid its positive product news. The company said it will debut the three new home brands —Our Table, Wild Sage and Squared Away — in the coming… Source link

The company announced Thursday that it is opening its first physical retail store, called Google Store, this summer in New York City. The store will be located under its offices in the Chelsea neighborhood, where it employs many of its more than 11,000 employees in the city. Some of the items for sale will include Pixel phones, Nest products, Fitbit devices and Pixelbooks. Similar to Apple’s Genius Bar concept, Google will employ “experts” to help customers troubleshoot issues, fix a cracked… Source link

Google will open its first-ever permanent retail store in New York City in coming weeks, a bet that a physical retail presence can help showcase and sell its products as the pandemic eases. The store, to be located in Manhattan’s Chelsea neighborhood, will open this summer and sell items such as Google’s Pixel phones, Nest smart thermostats and Fitbit wearable devices, the company said Thursday in a blog post. The store will also host workshops on using Google products… Source link

Google Store in Chelsea Google Google announced Thursday its first-ever retail store, where it will sell Pixel phones, Fitbit wearables, Pixelbooks, Nest thermostats and speakers, and more. The first-ever Google store is in New York’s Chelsea neighborhood, located in the building that houses Google’s NYC offices and is close to an Apple Store. The store is expected to open this summer. Google has toyed with retail in the past, sometimes with little pop-up shops where people can browse new… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could Deliver Massive Returns The long-term upward trend in the markets is marked; the S&P 500 is up 51% over the last 12 months, even taking into account some recent slips. For investors, this makes the present a propitious time to seek out low-cost market segments with high return potential. Or in other words, to take the old time advice and buy low to sell high. Jefferies equity strategist Steven DeSanctis, in a recent note on small-cap market… Source link

  This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, April 21, 2021 YOLO trades might be fading, but retail is still around.  The stars of the show in financial markets during the first quarter of 2021 were retail traders.  Retail fueled meme trades, made Roaring Kitty a star, and flummoxed market professionals who insisted this participation would not last. Even though less than two… Source link