|Bid||88.2800 x 200|
|Ask||88.2900 x 900|
|Day's Range||87.2600 - 88.5500|
|52 Week Range||65.2800 - 88.5500|
|PE Ratio (TTM)||21.16|
|Forward Dividend & Yield||2.04 (2.55%)|
|1y Target Est||N/A|
Dana Telsey, CEO of the Kelsey Advisory Group, and Oliver Chen, Cowen managing director and senior equity research analyst, discuss their outlooks for the holiday retail season.
In 2007, Bonobos was one of the first retailers to begin selling clothing exclusively online. Four years later, it launched guide shops, where you try clothes on at their brick and mortar store, but everything you buy is shipped to you. This past summer, Walmart bought the company for $310 million. Andy Dunn, founder and CEO of Bonobos and senior vice president of digital consumer brands at Walmart eCommerce, joins "CBS This Morning" to discuss the changing landscape of online and offline retail.
Often overlooked in favor of flashier Chinese retail stocks, JD.Com Inc(ADR) (NYSE:JD) is a sleeping giant. JD.com may be the current No. 2 Chinese e-commerce company, but that doesn’t mean it’s lacking in any way, shape or form. While overshadowed by Alibaba’s presence in the financial media, JD is still expected to grow revenue at a clip of 50% year-over-year through 2020 — a figure that may be on the conservative side.
Target Corp said on Monday it would start free shipping beginning in November and that most of its gift assortment had been priced at under $15, as the retailer gets ready to take on Amazon.com and Wal-Mart in the most crucial shopping season of the year. Target, which has promised about 1,700 gifting products and more than 1,400 toys including "Star Wars," LEGO and Netflix merchandise and hundreds of $1 stocking stuffers, said it would offer promotional deals during weekends for the last two months of the year. The retailer is also rolling out a service that allows online customers to send friends and family electronic gift boxes that let them make changes to items or select entirely different gifts before they ship.
Ask 10 people what they think of cryptocurrencies like bitcoin or Ethereum, and you’ll likely get 10 answers. Sooner or later, someone will challenge why the digital currency is worth whatever it’s valued at in the future. If the best answer anyone can come up with is “it’s all the rage,” JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon — who called bitcoin a fraud — is likely to be well vindicated.
Some 40,000 pedestrians pass through New York City's Herald Square daily. Now, Target is counting on its reputation for style and price to lure them in with its brand-new store.
Investors may be afraid of the German competitors' U.S. push, but Walmart has beaten their price-cutting prowess while focusing on e-commerce and delivery.
These days, the retailer known for the lowest prices on food and other goods, is less Bentonville, Arkansas, and more Palo Alto, California.
It's not just Amazon that's at the forefront of retail tech in the grocery business. From home delivery to analytics, many companies are stepping up.
One thing that can make for a terrible customer experience is when merchandise is ordered but never delivered. Or maybe it was delivered, but somehow mysteriously disappeared. The cause of this disappearance? Simple … it was stolen.
The eyeglasses retailer, which private equity firm KKR acquired nearly four years ago, sets an $18 to $20 range on its offering of 15.8 million shares.
A roundup of some of the most popular, but completely untrue, headlines of the week. None of these stories are legit, even though they were shared widely on social media. The Associated Press checked these out; here are the real facts:
According to recent reports, Lord & Taylor is close to landing a deal with Walmart that will grant it a dedicated space on its website. The report also claims that the deal will have Lord & Taylor continuing to operate its own website for sales. Lord & Taylor could see a major boost in online sales by teaming up with Walmart.
For example, JD.Com Inc(ADR) (NASDAQ:JD) will maximize revenue when Singles Day in the region arrives on Nov. 11. Chances are good that JD.com, Alibaba Group Holding Ltd (NYSE:BABA) and Tencent will all report record-breaking year-over-year sales on that day. As online traffic soars, demand for JD.com’s network services will go up.
Walmart's stock has risen over 25% in the last 6 months. This has been hugely surprising to analysts, with the company surging past most sell-side estimates. The retail giant has recently been facing several well-publicized headwinds, which seem to be having to bearing on its stock price.
Walmart is close to a deal with department store Lord & Taylor in its latest move to take on Amazon, the Wall Street Journal reports . The partnership would be the first step in creating an online mall that would be accessible from Walmart’s website, per the Wall Street Journal. Men’s clothing brand Bonobos and online retailer Jet.com, both owned by Walmart, could also be added to the project in the future.
U.S. retailers are finding it increasingly difficult to hire employees for stores and for middle and higher management as low pay and a feeling of uncertainty clouds the industry following a spate of bankruptcies and store closures. Retailers including Macy's Inc and J.C. Penney have said they will hire the same or fewer seasonal workers for the holidays this year than last, while some, like Wal-Mart Stores Inc, have chosen not to hire temporary workers at all.