[ad_1] A BJ’s Wholesale Club is shown in Falls Church, Virginia, May 23, 2023. Win Mcnamee | Getty Images BJ’s Wholesale Club said Wednesday that it will open four clubs in the Southeast and one in the Midwest this year, as it tries to expand and attract members in other …
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Grocers are trying to get orders to your door faster than ever — here’s why
[ad_1] As retailers compete for grocery shoppers, some of the big names in the business have zeroed in on the same strategy: get deliveries to customers’ doors quickly. This week, Target announced a new paid membership program with free same-day home deliveries as a key perk. Walmart expanded its same-day …
Read More »Target launches paid membership program as it chases new revenue streams
[ad_1] A Target store in New York, US, on Monday, March 4, 2024. Shelby Knowles | Bloomberg | Getty Images Target on Tuesday said it will launch a paid membership program next month, riffing off the playbook of its rivals Amazon and Walmart. The subscription-based program, Target Circle 360, will …
Read More »Target will report its earnings before the bell. Here’s what to expect
[ad_1] The Target logo is seen on its store on 42nd Street in Times Square, New York City. Deb Cohn-Orbach | UCG | Universal Images Group | Getty Images Target will report its holiday-quarter results and year-ahead outlook on Tuesday. Here’s what Wall Street analysts surveyed by LSEG, formerly known …
Read More »Battle for the Red Sea expands with U.S. strikes, EU stepping up its efforts against Houthis
[ad_1] The German Navy frigate “Hessen” depart for deployment in the Red Sea on February 8, 2024 in Wilhelmshaven, Germany. David Hecker | Getty Images News | Getty Images The battle for the freedom of navigation in the Red Sea has expanded with the entrance of a European Commission naval …
Read More »Consumers are tired of inflation. But some retailers fear falling prices
[ad_1] A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center. Elena Perova | Istock | Getty Images Just ahead of the holiday season, Walmart had encouraging …
Read More »Strong earnings and an online advertising play by Walmart have us wondering about Costco
[ad_1] Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible. …
Read More »Walmart will report earnings before the bell. Here’s what to expect
[ad_1] A Walmart in Atlanta, Georgia, on Sunday, Feb. 19, 2023. Dustin Chambers | Bloomberg | Getty Images Walmart will report its holiday quarter results on Tuesday morning, as investors try to get a clearer picture of what the year ahead holds for retailers and the U.S. economy. Here’s what …
Read More »Companies — profitable or not — make 2024 the year of cost cuts
[ad_1] Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that …
Read More »New Macy’s CEO Tony Spring looks to revive a 166-year-old retailer fighting for relevance
[ad_1] Tony Spring speaks at an event unveiling the Macy’s new women’s apparel brand, On 34th, in July. Spring is former CEO of Bloomingdale’s and begins as Macy’s CEO in February 2024, succeeding longtime Macy’s CEO Jeff Gennette, right. Melissa Repko | CNBC Inside its headquarters in New York City’s …
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