Kohl’s terminates sale talks with Vitamin Shoppe owner Franchise Group: Sources

A Kohl’s store in San Rafael, Calif. Getty Images Kohl’s is terminating talks to sell its business to The Vitamin Shoppe owner Franchise Group, two people familiar with the matter told CNBC on Thursday. The people requested anonymity because a decision from Kohl’s has not been publicly announced. Representatives from Kohl’s and Franchise Group did … Read more

Resilient trades as US economy faces looming recession

Market watchers have been mixed on if, and when, a recession is on the horizon, but hedge fund manager Dan Niles said it is clear that the US economy is headed for one. The US economy has been plagued by a confluence of decades-high inflation and what many expect to be an aggressive rate hike … Read more

6 exceptional retail winners that Jim Cramer says are a buy

CNBC’s Jim Cramer on Friday highlighted six retail winners with standout quarters that investors should be lining up to purchase. “No one ever made a dime from panicking. If you dumped any of these retail winners in response to Walmart and Target, you made a very big mistake. And you know what, as the market … Read more

Earnings reports cause big moves for stocks, making way for options

A volatile earnings season is winding down, but there are still a few opportunities for investors to take advantage of big earnings-driven moves, according to Goldman Sachs. Retailers have seen big hits, with names like Walmart and Target experiencing some of their biggest one-day drops on record. On the other hand, shares of Toll Brothers … Read more

Bed Bath & Beyond (BBBY) Q4 2021 earnings

Bed Bath and Beyond on Wednesday reported a surprising holiday-quarter loss, as the company ran low on inventory and struggled to move merchandise out of congested ports and onto shelves. CEO Mark Tritton said out-of-stock merchandise caused the company to miss out on about $ 175 million in fiscal fourth-quarter sales. That’s higher than the … Read more

Robinhood, EPAM Systems, Kroger and more

Kroger is opening automated warehouses around the country to build a larger and more profitable online grocery business. Kroger Check out the companies making headlines in midday trading Friday. Robinhood – Shares of the trading app dropped more than 7% after Goldman Sacks downgraded the stock to sell from neutral. The Wall Street firm cited … Read more