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As their customers age, Macy's, Kohl's and Nordstrom are chasing younger shoppers

Baby boomers make up a sizeable chunk of the retailers' shoppers and investors aren't convinced that Gen Z and Millennials will age into shopping at the stores.

Mon May 20, 2024 18:31
Are consumers pulling back on spending? It depends which CEO you ask

Companies like PepsiCo have warned about a weak low-income consumer, while Delta Air Lines and Chipotle have benefited from their high-income customer bases.

Mon May 20, 2024 15:27
Red Lobster files for Chapter 11 bankruptcy protection

A disastrous "endless shrimp" promotion helped drive Red Lobster to a net loss last year.

Mon May 20, 2024 15:27
Nvidia and 2 other portfolio stocks report earnings next week. Here's what we want to see from each

There will be less economic data in the week ahead, but we will get earnings from three portfolio names, including one of our two "own, don't trade" stocks.

Sat May 18, 2024 18:02
Some consumers are punting big purchases like pools and mattresses

There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.

Sat May 18, 2024 17:04

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