Tag: Retail industry
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Car dealerships are relying more on parts and service for profits
Dealership gross profits have fallen from the supply-constrained days of 2022. They are relying more heavily on the income streams that hedge against downturns.
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Lowe’s gives muted outlook as it sees ‘pressure’ in home improvement spending
Lowe’s reported mixed results as the retailer said it continued to see pressure in home improvement spending.
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Amazon to expand drone service to nearly 500 cities after targeting 1 million deliveries this year
Amazon has quietly expanded its drone service to more metro areas in recent months after receiving a key regulatory greenlight enabling longer-range deliveries.
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Target is set to report earnings before the bell. Here’s what to expect
Target is expected to report its fiscal second-quarter results Wednesday morning as the retailer offers a window into its turnaround progress.
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Retail giant Costco sets its sights on a new kind of product: Medicare Advantage
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Cramer likes this retailer ahead of earnings — but sees trouble for one of our tech giants
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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Home Depot reaffirms guidance amid ‘frozen housing market conditions’
Home Depot reported second fiscal quarter results that beat Wall Street expectations on the top and bottom lines.
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Synchrony, credit card issuer to Amazon and Walmart, partners with OpenAI for ChatGPT shopping
Maran Nalluswami, Synchrony’s chief strategy officer, told CNBC it will probably take six to 12 months to get payments fully integrated into ChatGPT.
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Credit card issuer Synchrony announces partnership with OpenAI
The collaboration, which is in its early stages, is a step toward enabling Synchrony customers to have smoother online shopping experiences.
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How long will software-defined cars last? The auto industry doesn’t know yet
Cars that run on software offer benefits automakers and many customers say older cars cannot compete with. But some analysts worry the vehicles might not last.
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