Retail
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...
Canadian Tire (TSX:CTC) Hits 52-Week-High; Stock Zooms 80% in 9 Mos.
January 18, 2021 04:58 AM EST| By Team Kalkine MediaCanada-based consumer giant Canadian Tire (TSX: CTC) (TSX: CTC.A) touched its 52-week-high of C$ 181.75 on Thursday, January 14, 2021. The stock has gained over 8.5 per cent in the last one month, indicating a renewed interest from investors. Canadi...
This TSX Food Stock Skyrocketed By 300% In One Year!
January 15, 2021 10:13 AM EST| By Team Kalkine MediaMany food and retail companies, which depend heavily on consumers and sales from brick-and-mortar stores, have been hit hard due to COVID-19 pandemic. Despite the rapid influx of online revenues and store reopening spree, sales remained muted during...
Dollarama (TSX:DOL) & Metro (TSX:MRU): 2 Dividend-paying Retail Stocks
January 14, 2021 10:13 AM EST| By Kunal SawhneySummary Dollarama has been distributing a quarterly dividend of C$ 0.047. Metro Inc pays a consistent quarterly dividend of C$ 0.225 per unit, with a current dividend yield of 1.562 per cent. Both retailers saw a jump in their sales in the las.....
Canadian Tire (TSX:CTC) & Boyd Group (TSX:BYD): 2 Rising Retail Stocks
December 21, 2020 09:03 AM EST| By Kunal SawhneySummary Toronto-based Canadian Tire stocks have swelled nearly 20 per cent year-to-date (YTD). The firm distributes a quarterly dividend of C$ 1.175 per unit. Boyd Group stocks have yielded almost 9 per cent returns YTD. The group pays a quarte.....
Goodfood, Dollarama, Aritzia: Are Retail Stocks Thanksgiving Ready?
October 10, 2020 07:15 AM EDT| By Team Kalkine MediaCanadian retail companies are adapting flexibility and innovative plans to battle the pandemic-led plunge in demand. As customers prefer to stay indoors, the retailers are reaching out to them digitally and offering contactless doorstep deliveries......
Why Are These 2 Retail Stocks Trending? - Dollarama & Walmart Canada
September 02, 2020 04:20 PM EDT| By Team Kalkine MediaDollarama (TSX: DOL) and Walmart Canada (WMT: US) are two retail stocks that has captured investor’s attention this week. The two retail giants have managed to hush critics with their better than expected earnings and soaring sales in their l.....
Walmart Canada & Canadian Tire: 2 Retail Stocks Investors Are Eyeing in 2020
August 26, 2020 01:55 AM EDT| By Team Kalkine Media(Image credit: Pixabay) Summary Canada’s retail sector has been battered by the pandemic as consumers maintain social distancing and avoid physical stores. As a result, several retail brands have announced closures or filed for bankruptc...
Three Food & Beverages Stocks Attracting Investors' Attention In Consumer Space
July 28, 2020 12:00 PM EDT| By Team Kalkine MediaShare prices of food and beverage stocks, a part of retail and consumer essentials industries, have performed well in these pandemic times. Consumers’ rush to stockpile essential goods amid Canadian government’s lockdown measures has he.....
Walmart Canada Invests $3.5 Billion To Digitize Shopping, Launch New & Upgraded Stores
July 21, 2020 04:22 PM EDT| By Team Kalkine MediaTo stay on top of shifting consumer behavior amid pandemic and lockdown, Walmart Canada is investing $3.5 billion to digitize and improve shoppers’ online and in-store experience over the next five years. The latest round of investment is lik.....