1. Uncategorized

Macy’s receives $5.8 billion buyout offer, sources say

Written by Posted on Less than 0 min read

​[[“value”:”The offer values the retailer at $21 per share, according to the sources. Macy’s closed at just over $17 a share on Friday.”]] 

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. Uncategorized

MLB All-Star Game, baseball cards, are first big test of Fanatics livestream shopping experience

​[[“value”:”The MLB All-Star Game festivities will feature a beta test of Fanatics’ new livestream shopping platform featuring sports card collectors.”]]  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 […]
< 1 min read
0
  1. Channel: Club

Jim Cramer says Costco just reported a ‘beautiful quarter’ and its stock is worth owning

​[[“value”:”CNBC’s Jim Cramer on Wednesday touted the strength of Costco Wholesale’s (COST) business.”]]  View Original Article Costco 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. Shopper & Customer

Meta’s first store aims to lure consumers to the metaverse

The store is designed to expose consumers to Meta’s products, which you really have to experience to understand, explains Martin Gilliard, Head of Meta Store. View Original Article Consumers Metaverse Meta (Facebook) Trends: Tech 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. Department: HBC

Starbucks earnings beat Wall Street estimates, fueled by U.S. demand for cold drinks

Shares of Starbucks have fallen 27% this year, dragging its market value down to $98.37 billion. View Original Article Restaurants Dept. OTC Results & Investment Economy 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
  1. Uncategorized

Hanesbrands is shopping Champion — and WHP Global, Authentic Brands Group are both interested in buying

​[[“value”:”Hanesbrands is considering a sale of its Champion sportswear brand and WHP Global and Authentic Brands Group are both interested in buying it.”]]  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 […]
< 1 min read
0
  1. Trends & External Forces

Fed’s favorite inflation gauge looms next week — plus, what we want from 2 portfolio earnings reports

Wall Street is paying closer attention the Fed’s preferred inflation gauge than usual. TJX Cos. and Salesforce will shine a light on consumer and AI trends. View Original Article AI Results & Investment Consumers Technology & Innovation Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Holiday & Events

A credit card Christmas: Taking on shopping debt carries more risk this holiday season

​[[“value”:”Holiday forecasts indicate U.S. consumers are eager to celebrate but are feeling stretched and looking for deals.”]]  View Original Article Consumers 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 coverage and business content consumed by more […]
< 1 min read
0
  1. Corporate Finance

Walmart beats Wall Street’s holiday expectations as e-commerce sales soar

Walmart beat holiday-quarter earnings expectations and said it would buy smart TV maker Vizio. View Original Article Walmart Results & Investment Marketing: Broadcast Economy 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 coverage and business content […]
< 1 min read
0
  1. Corporate Strategy

Capri Holdings shares fall after Michael Kors parent ditches CEO succession plan

Just months after he took on the role, Joshua Schulman will step down as CEO of the Michael Kors brand. He was slated to become Capri’s CEO later this year. View Original Article Executives 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. Owned Brands (Private Label)

Walmart CEO Doug McMillon vows to keep private labels priced low to fight inflation

​   ​   [[“value”:”Walmart CEO Doug McMillon intends to keep the company’s private brands priced low in order to help bring down high prices across the industry.”]]  View Original Article Walmart Executives Packaging Owned Brands (Private Label) Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Channel: Club

Costco’s quarterly results indicate the retailer is thriving despite high inflation

Costco shares were trading lower after-hours in reaction to the slight quarterly beats, but that’s typical. View Original Article Results & Investment Economy Costco 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. Shopper & Customer

People returning to offices are still buying breakfast even as they cut back on other things

Consumers are cutting back on restaurant spending, but breakfast sales appear to be holding steady. View Original Article Consumers Restaurants 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. Channel: Ecommerce & Digital

Amazon workers won’t get paid for Covid leave anymore

All U.S.-based Amazon workers who test positive for Covid-19 will now get up to five days of excused, unpaid leave, the company told workers in a notice. View Original Article Associates Amazon COVID19 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

WeightWatchers stock surges 70% after company agrees to buy obesity treatment platform

​   ​  [[“value”:”WeightWatchers has agreed to acquire telehealth obesity treatment company Sequence.”]]    View Original Article Acquisition 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 all […]
< 1 min read
0
  1. Corporate Finance

Nike beats sales expectations, misses on earnings as margins drop

​Nike reported fiscal fourth quarter earnings that beat Wall Street’s expectations on revenue but missed on profits.  View Original Article Results & Investment Economy Dept. Apparel 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
  1. Stores & Formats

Walmart plans to add more than 150 large-format stores across the U.S.

Walmart already has a massive footprint, with more than 4,600 stores across the country. View Original Article Editor's Choice 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 than […]
< 1 min read
0
  1. Shopper & Customer

Lowe’s offers soft sales outlook, warning of a ‘cautious consumer’

​   ​     View Original Article Consumers Pricing & Promotions 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 all platforms. https://www.cnbc.com Do you like CNBC's […]
< 1 min read
0
  1. CPG: Adult Beverage

Constellation Brands vs. Molson Coors: Here’s which beer maker is the clear winner to buy

​[[“value”:”Both Constellation Brands and Molson Coors have in-demand beer brands but we think there’s only one that has outsized potential for long-term growth.”]]  View Original Article Dept. Adult Bev Dept. Beverage CPG: Adult Beverage 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. Corporate Finance

Birkenstock slides more than 12% in stock market debut after opening at $41 per share

​[[“value”:”Shares of German shoe brand Birkenstock fell more than 12% in their market debut on the New York Stock Exchange on Wednesday after ir priced its IPO at $46.”]]  View Original Article Results & Investment Start Ups CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Trends & External Forces

Lowe’s says it’s not seeing negative impact of inflation as sales, profit top expectations

Lowe’s earnings report comes a day after Home Depot’s third quarter earnings beat analysts’ estimates. View Original Article Results & Investment Economy Home Depot 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
Next