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Amazon To Offer Hot Food, Espresso, Fountain Soda In California Convenience Store
Wednesday, January 29, 2020 - 11:04pm | 408Amazon.com Inc. (NASDAQ: AMZN) is planning to increase the food and beverage options at one of its brick and mortar stores in California. What Happened The e-commerce giant will offer hot food, espresso, and fountain sodas in its 300 California Street Amazon Go store in San Francisco, it told...
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GameStop Falls As Credit Suisse Lowers Earnings Estimates, Price Target
Monday, May 20, 2019 - 12:06pm | 395Changing consumer preferences continue to be a challenge for GameStop Corp. (NYSE: GME), which saw its shares fall Monday as Credit Suisse lowered its price target and earnings estimates for the video game store chain. The Analyst Credit Suisse analyst Seth Sigman lowered his price target on...
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Goldman Sachs Picks 3 Buys, 1 Sell In Retail: 'We Expect The Better Growth Outlook To Persist'
Tuesday, September 4, 2018 - 11:28am | 576Despite several secular headwinds and the consumer shift to online shopping, brick-and-mortar retailers continue to play a major role in the sector, according to Goldman Sachs. The Analyst Analyst Alexandra Walvis initiated coverage of select retailers and outlined the state of the industry...
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JJ Kinahan: Retail Is An 'Individual Stock Story' Not To Be Generalized
Tuesday, August 8, 2017 - 10:52am | 567If Amazon.com, Inc. (NASDAQ: AMZN)’s body language means anything, in-store sales are cool again. The e-commerce trend-setter has taken powerful, assertive steps into brick and mortar after effectively convincing competitors to upend their business models and shift focus online. In doing so,...
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In Latest Attempt To Salvage Brick-And-Mortars, Lane Bryant To Offer Free In-Store Styling
Tuesday, July 25, 2017 - 3:09pm | 482As brick-and-mortar retail bows more deeply to e-commerce, some see empathy as its lone redeeming quality. Traditional chains will only survive on the human connections and relationships they facilitate. “The degree to which retailers are successful in leveraging creativity, community and...
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Meccas Of E-Commerce: Where To Find An E-Tail Job
Thursday, July 13, 2017 - 8:31am | 301It’s no secret brick-and-mortar retail is getting crushed, suffocating under the imposing force of online sales. As a result, the e-commerce workforce has expanded 334 percent over the last 15 years, a figure vastly disproportionate to the 25-percent contraction seen among department stores....
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Will Amazon Expand Into Brick And Mortar? Some Wall Street Analysts Are Saying Yes
Thursday, February 9, 2017 - 2:36pm | 435Amazon.com, Inc. (NASDAQ: AMZN) owes part of its success to the fact that it doesn't operate hundreds of physical brick and mortar locations across the country. Operating stores costs money and lots of it between rent, maintenance, salary, insurance, etc. Yet, some Wall Street analysts are making...
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Brick-And-Mortar Retailers Had An Awful Christmas Season
Thursday, January 5, 2017 - 10:42am | 461It hasn’t been a happy New Year for shareholders of some of America’s top brick-and-mortar retailers. Macy’s Inc (NYSE: M) shares were down more than 10 percent in pre-market trading after the company reported lower-than-expected November and December comparable sales of -2.1...
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2017 Will Be Another Transition Year For Retail
Tuesday, December 20, 2016 - 4:33pm | 635Wunderlich said in a report Tuesday it expects 2017 to be another transition year for retailers, as the shift from brick-and-mortar to omnichannel continues. The firm expects 2017 to be another period of "less" for the specialty retailing/apparel group — with less stores, less inventory,...
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Did Macy's Really Blame Poor Sales On Netflix And Lipstick?
Thursday, March 26, 2015 - 10:24am | 254Macy's, Inc. (NYSE: M) Chief Financial Officer Karen Hoguet on Tuesday blamed the company's weakness in the luxury retail market on Netflix Inc. (NASDAQ: NFLX) and lipstick. Seriously. The executive's comments were made at an industry conference, and picked up by MarketWatch...
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Gerald Storch Explains Holiday Season 2013's Retail Slump
Tuesday, December 24, 2013 - 11:34am | 375Marking the last day plunge that some shoppers take on Christmas Eve, Gerald Storch, founder and CEO of Storch Advisors and former chairman and CEO of Toys “R” Us, went behind the scenes of the successes and failures of the retail sector this holiday season on CNBC's Squawk Box Tuesday morning. As...