1. Shopper & Customer

As consumer spending slows, Club holding TJX is the off-price retailer to own

Written by Posted on Less than 0 min read

Fresh economic data Wednesday showed U.S. consumer spending slowed during the holiday season as inflation, though easing, continued to squeeze shoppers. That’s likely to make off-price retailers like Club holding TJX Companies

“]] 

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Holiday & Events

Black Friday online sales to hit new record, expected to top $9 billion

Black Friday shoppers bought Apple products, espresso machines and gaming consoles, as well as toys from Funko, Hatchimals and Squishmallows. View Original Article Dept. Nonfood Dept. Toys & Games Holiday & Events Shoppers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Shopper & Customer

A bad downgrade from UBS provides a buying opportunity for this turnaround play

​   ​  [[“value”:”Part of call from UBS is related to a higher conviction in a consumer spending slowdown.”]]    View Original Article Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Channel: Mass

Walmart to close four underperforming Chicago stores

[[“value”:”Walmart locations in the Kenwood, Lakeview, Little Village and Chatham neighborhoods of Chicago will close April 16.”]]  View Original Article Walmart Brick and Mortar CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Department: Consumer Durables

Anti-Defamation League urges Adidas to sever ties with Ye’s Yeezy

The rapper and designer has in recent weeks made several degrading remarks about Jewish people and targeted his business partners with public threats. View Original Article Dept. Apparel Partnerships CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Channel: Mass

Who needs another subscription service? Walmart is betting its millions of customers do

Walmart+ members tend to be more affluent than the average Walmart shopper, but 1 in 4 members receives government-provided food assistance. View Original Article Walmart Dept. Grocery Marketing: Loyalty & Subscription Government Shoppers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
5
  1. Channel: Specialty & Other

Bed Bath & Beyond jumps nearly 40%, AMC surges as meme chatter on message boards increase

Bed Bath & Beyond and AMC Entertainment surged on Monday as meme traders seemed to be betting on the stock despite any apparent catalyst for the move. View Original Article Bed Bath & Beyond CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Shopper & Customer

Retail and consumer IPOs, deals tail off as more businesses set their sights on 2023

The total number of consumer and retail deals in the first quarter of 2022 fell 31.9% from the prior period, KPMG said in a new report. View Original Article Consulting Consumers Predictions and Forecasts Start Ups CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Trends & External Forces

Dick’s Sporting Goods shares sink after retailer cuts outlook for the year, joining broader retail trend

Dick’s cut its financial forecast for the fiscal year, as it contends with high inflation and supply chain problems. View Original Article Dept. Nonfood Dept. Sporting goods Economy Operations & Supply Chain Predictions and Forecasts Results & Investment Trends: Finance Trends: Retail CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the […]
< 1 min read
0
  1. Technology & Innovation

Cramer’s Investing Club: 3 portfolio stocks — in retail, tech and oil — get new ratings

The moves better reflect our thinking about Costco, Cisco and Chevron at current prices following the recent swings in the stock market. View Original Article Costco Dept. Fuel Results & Investment Marketing: UGC Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Channel: Mass

Walmart beefs up its third-party marketplace as it challenges bigger online rival Amazon

​[[“value”:”Long known for low prices, Walmart is bulking up its online offerings and focusing more on convenience heading into the holiday shopping season.”]]  View Original Article Amazon Walmart Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Operations & Supply Chain

We’re starting a new position in a stock that will benefit from retail’s inventory glut

Excess inventory has been a common theme throughout earning season. View Original Article Operations & Supply Chain CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across […]
< 1 min read
0
  1. Uncategorized

Zara owner Inditex climbs to all-time high as 2023 sales jump 10%

Shares of Zara owner Inditex rose to an all-time high Wednesday after the company announced its full-year 2023 results. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Media & Marketing

Google is opening a cafe, store and event space to the general public near its headquarters

​[[“value”:”Google executives told CNBC they hope it’s “a blueprint” for future real estate projects.”]]  View Original Article Google Executives Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

25. Zipline

​Zipline, which broke through in the drone market for critical medicines in remote places, has logged more autonomous flights than Alphabet and Amazon combined.  View Original Article Amazon Trends: Tech CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Trends & External Forces

Foot Locker shares sink after retailer says 2022 sales will fall as it expects to sell fewer Nike products

Foot Locker shares are tumbling after the retailer forecast revenue to drop in 2022. View Original Article Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Department: Consumer Durables

37. Evrnu

​Evrnu’s textile recycling transforms discarded clothes into new fiber, cutting into apparel’s massive waste problem. Levi’s, Zara and Adidas are on the trend.  View Original Article Dept. Apparel Sustainability CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Channel: Grocery - Natural

Amazon bought Whole Foods five years ago for $13.7 billion. Here’s what’s changed at the high-end grocer

Since Amazon bought Whole Foods five years ago, it’s added tech to streamline the in-store experience and expanded into more local goods. View Original Article Amazon Marketing: In Store Technology & Innovation Whole Foods CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Associates & Employees

Home Depot says it will spend $1 billion to give hourly workers a raise

​   ​   [[“value”:”Home Depot is the latest retailer to signal that the labor market is still tight.”]]  View Original Article Home Depot Associates CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Department: HBC

New York expands legal marijuana licenses — but some would-be retailers feel left behind

​[[“value”:”New York is easing restrictions on who can apply for marijuana retail licenses as it struggles to open dispensaries.”]]  View Original Article Legal & Criminal Cannabis CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
Next