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Retail
Target (NYSE:TGT): Right Time To Buy This Consumer Stock?
May 19, 2021 01:19 PM EDT| By Raza NaqviSummary Stocks of Target Corporation (NYSE:TGT, TGT:US) shot up by about five per cent on Wednesday, May 19. The spike came as the company announced that it is expecting wider 2021 margins. Target Corporation said that a boost in demand for ho.....
3 Rising Retail Stocks To Buy In May
May 18, 2021 02:58 PM EDT| By Team Kalkine MediaAfter facing a major blow to its operations last year due to the COVID-19 pandemic, the Canadian retail sector, particularly the apparel industry, seems to be gradually healing. This recovery was primarily triggered by expanding online businesses. W...
BigCommerce Vs Shopify : Which Stock Is A Better Buy?
April 06, 2021 12:36 PM EDT| By Shreya Biswasduals SaaS-based services pertaining to design, shopping cart and payment. Ever since it went public last year, BigCommerce Holdings Inc (Nasdaq: BIGC, BIGC:US) has been pitted against fellow e-commerce giant Shopify Inc (TSX:SHOP). So let&rsquo...
With Increase in Sales, Dollarama (TSX:DOL) Sets Target of 2000 stores by 2031
March 31, 2021 11:25 AM EDT| By Team Kalkine MediaSource: on c, Shutterstock Discount retail stores chain Dollarama on Wednesday, March 31, reported sales of C$ 1,103.7 million in the fourth quarter, an increase of 3.6 per cent year-over-year. The sales increased as Canadians focused more on spendi...
Ikea Set To Open Its First Store In Downtown Toronto
March 29, 2021 06:34 AM EDT| By Shreya BiswasSource: ppa, Shutterstock Summary IKEA is all set to open its first downtown location in Toronto. Ingka Centres, which is holding company Ingka Group’s shopping centres business, announced on Thursday, March 25, that it has purchased a l...
George Weston (TSX: WN) To Sell Bakery Unit, Focus on Retail & Real Estate
March 23, 2021 01:14 PM EDT| By Team Kalkine MediaSource: blurAZ, Shutterstock George Weston Limited (TSX: WN) announced that it will soon sell its Weston Foods bakery business and focus on retail and real estate businesses. Despite being one of the leading bakeries in North America, it con...
Couche-Tard To Sell 49 Stores, May Put Up 355 More Sites For Sale
March 22, 2021 12:13 PM EDT| By Ipsita SarkarSource: pixfly, Shutterstock Alimentation Couche-Tard Inc. (TSX: ATD.B), one of the largest chains of convenience stores in Canada, has agreed to sell 49 sites to Casey's General Stores Inc. The deal is worth US$ 39 million and the amount will be pa...
On World Sleep Day 2021, A Mattress Stock To Explore (TSX:ZZZ)
March 19, 2021 05:52 AM EDT| By Shreya BiswasSource: Things, Shutterstock Summary On Friday, March 19, the world gets to celebrate a day solely dedicated to sleep. This mattress stock recorded a growth of over 232 per cent in the past one year. Its net income for Q4 2020 was up by 89.4...
Walmart (NYSE:WMT) Rejigs Canada Plan, To Invest More, Close 6 Stores
March 16, 2021 06:15 AM EDT| By Ipsita SarkarThese actions will create at least 2,000 new Walmart jobs in Canada. Global retail giant Walmart Inc. (NYSE: WMT) is back to its drawing board eight months after it announced a massive US$3.5 billion capital outlay to ramp up its busines.....
JD's Revenue Growth Indicates E-Commerce Boom In China
March 12, 2021 07:49 AM EST| By Team Kalkine MediaSource: Kriang kan, Shutterstock Chinese e-commerce giant JD.com Inc (NASDAQ: JD) reported a 31 per cent growth in its fourth-quarter 2020 sales, indicating a boom in the online retail industry as the country restores normalcy after the COVID-19 pan...
Which Stocks Are Searched By The Retail Investors For investment?
March 02, 2021 11:59 PM EST| By Mark O'DonnellSource:Mihai_Andritoiu,Shutterstock The retail activism on the US stock exchanges has continued into March as well. It all started with GameStop Corp (NYSE:GME) in January but has not stopped there. Source: © Brodogg1313 | Megapixl.com The...
Why Canada Goose (TSX: GOOS) Could Be Your Ace Card in 2021
March 02, 2021 03:55 PM EST| By Ipsita SarkarSource: William Potter ,Shutterstock Summary Canada Goose hires Chinese designer to create its first line of East-West fusion collection. Its sales revenues from mainland China rose 42 per cent in the third quarter of 2020. Partners with...
Target’s (NYSE:TGT) 2020 Sales Soar US$15Bn, Net Income Surges 33% YoY
March 02, 2021 08:33 AM EST| By Shreya BiswasSource: Lifestyle Travel Photo, Shutterstock Summary American retail giant Target Corporation (NYSE:TGT, TGT:US) has beaten Wall Street’s estimates with its latest earnings released on Tuesday. As the big box retailer gained from the pan...
Why Is Canadian Tire (TSX:CTC) in News Today?
February 25, 2021 09:21 AM EST| By AnujSource: Andrey Aboltin, Shutterstock Video of maskless confrontation by a customer at a Canadian Tire (TSX: CTC) retail outlet has gone viral. The short clip shows a heated altercation between the store employees and the maskless customer. A shopke...
Denny's (NASDAQ:DENN): Should You Buy This Restaurant Stock?
February 22, 2021 09:06 AM EST| By Ipsita SarkarStocks of North American restaurant chain Denny’s Corporation (NASDAQ: DENN, DENN: US) has been soaring despite reporting weak sales due to the pandemic. After registering 17.5 per cent decline in the one year, the scrips have rebounded nicely,...
Canadian Tire (TSX:CTC.A) Stocks Soars On Top Line Growth
February 18, 2021 11:39 AM EST| By Hina ChowdharySummary Canadian Tire stocks took off on Thursday after the retail chain published its latest financials for year 2020 and its last quarter earlier in the day. Canadian Tire’s e-commerce sales galloped by a whopping 142 per cent year-over.....
SPDR S&P XRT: A Retail ETF On Investors’ Radar
February 16, 2021 06:39 AM EST| By Ipsita SarkarThe SPDR® S&P® Retail ETF (XRT:US, NYSE: XRT), a popular exchange traded fund (ETF), has advanced by a massive 107 per cent in the last one year, overcoming the pandemic-related challenges. In 2021 alone, the fund has swelled b.....
Why Naked (NASDAQ:NAKD) Stocks Galloped 252%?
January 28, 2021 05:11 AM EST| By Kunal SawhneySummary Naked stocks, which catapulted by over 252 per cent on Wednesday, are currently under the threat of getting delisted from the Nasdaq exchange. Its latest stock price surge came amid the raging chatroom war between bullish investors and .....
Etsy Stocks Climb After Elon Musk Tweets He ‘Kinda’ Loves It
January 27, 2021 08:28 AM EST| By Hina ChowdharySummary Tesla and SpaceX founder Elon Musk sent out a tweet on Tuesday saying that he “kinda love(s)” e-commerce platform Etsy Inc. Etsy saw its stocks swing up by about eight per cent to a 52-week high of US$ 226.725 in intraday tr.....
Prada (HKEX:1913) Stocks On The Move As Milan Fashion Week Heats Up
January 18, 2021 09:36 AM EST| By Kunal SawhneyStocks of Italian fashion house Prada S.p.A (HKEX:1913) started creating a buzz in the North American markets early on Monday, January 18, a day after its first-ever virtual unveiling at the Milan Fashion Week Fall-Winter 2021. The four-day men's fa...
