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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSelling Stolen: Authorities crackdown against retail theft rings who set up thriving businessesCNBC's Courtney Reagan reports on the crackdown against retail theft rings.
Persons: Courtney Reagan Organizations: Authorities
Lab diamond demand shines bright
  + stars: | 2024-02-13 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLab diamond demand shines brightCNBC's Courtney Reagan on 'Power Lunch' discusses the demand surge for lab grown diamonds.
Persons: Courtney Reagan
Return fraud bites into profits for retail companies
  + stars: | 2024-01-29 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailReturn fraud bites into profits for retail companiesCNBC's Courtney Reagan reports on the rising trend of return fraud, and how it's hitting retail companies.
Persons: CNBC's Courtney Reagan
Record Cyber Monday sales expected
  + stars: | 2023-11-27 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRecord Cyber Monday sales expectedCNBC's Courtney Reagan joins 'Power Lunch' to report on the holiday weekend retail sales and expectations for Cyber Monday.
Persons: CNBC's Courtney Reagan
Home Depot CEO Ted Decker: We are operating really well
  + stars: | 2023-11-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHome Depot CEO Ted Decker: We are operating really wellHome Depot CEO Ted Decker and CNBC's Courtney Reagan join 'The Exchange' to discuss how the company is preparing for Black Friday, the state of the consumer, and more.
Persons: Ted Decker, CNBC's Courtney Reagan Organizations: Home, Black
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart tops earnings estimates as e-commerce helps drive 5% jump in salesCNBC's Courtney Reagan joins 'Squawk Box' to break down the company's quarterly earnings results.
Persons: CNBC's Courtney Reagan Organizations: Walmart
Retailers push lawmakers to pass legislation to help fight theft
  + stars: | 2023-10-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetailers push lawmakers to pass legislation to help fight theftCNBC's Courtney Reagan joins 'Power Lunch' to discuss retailers' push for new law to help fight theft.
Persons: CNBC's Courtney Reagan Organizations: Retailers
Holiday toy sales expected to slow as consumers cut spending
  + stars: | 2023-10-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHoliday toy sales expected to slow as consumers cut spendingCNBC's Courtney Reagan joins 'Squawk Box' with a look at this year's holiday toy trends.
Persons: CNBC's Courtney Reagan
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCostco shrugs off 'shrink' while Target closes stores due to 'theft'CNBC's Courtney Reagan reports on news from Costco and the broader retail sector.
Persons: CNBC's Courtney Reagan Organizations: Costco, Target
Deloitte predicts soft holiday sales
  + stars: | 2023-09-13 | by ( Courtney Reagan | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeloitte predicts soft holiday salesCNBC's Courtney Reagan joins 'Squawk on the Street' to discuss holiday spending and more.
Persons: CNBC's Courtney Reagan Organizations: Deloitte
"We've seen most cannabis ETFs rally over 30% since the news broke last week on this recommendation," Amplify ETFs CEO Christian Magoon told CNBC's Courtney Reagan on "ETF Edge" on Wednesday. The Roundhill Cannabis ETF (WEED) has soared nearly 71% since the announcement, while the AdvisorShares Pure US Cannabis ETF (MSOS ) and AdvisorShares Pure Cannabis ETF (YOLO) have jumped 64% and 45%, respectively. "Consumer packaged goods and pharmaceutical companies are going to be able to now look at these cannabis companies as M&A targets to partner with them." "The great thing about the ETF industry is there's a lot of opportunity," Lydon said in the same interview on Wednesday. Lydon pointed out that Amplify ETFs holds a great "first mover advantage" with its pair of cannabis-based funds.
Persons: Christian Magoon, CNBC's Courtney Reagan, Magoon, marijuana's, Tom Lydon, Lydon Organizations: Cannabis ETF, U.S . Department of Health, Human Services, HHS, DEA, Cannabis, VettaFi Locations: YOLO
During second-quarter earnings reports in August and September, nearly two dozen retailers said shrink has continued to weigh on profits. During its second quarter earnings call with analysts, the company said shrink was in line with the year-ago period. Over the last few quarters, more and more retailers have called out shrink as a drain on profits and blamed theft for those losses. Others that loosely blame shrink and theft for plummeting profits without providing much more explanation may be trying to obfuscate internal issues, said Lapinsky. Contrary to other retailers, shrink was the largest drag on Ulta's earnings during fiscal 2022, according to a securities filing.
Persons: Lindsey Nicholson, Dick's, Ulta, Sonia Lapinsky, AlixPartners, that's what's, Macy's, CNBC's Courtney Reagan, Jeff Gennette, Gennette, TJX, John Klinger Organizations: Walgreens, Universal, Getty, CNBC, Target, Dick's Sporting Goods, Walmart, Lowe's Locations: Queens , New York
Shein and Forever 21 partner to expand brand reach
  + stars: | 2023-08-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShein and Forever 21 partner to expand brand reachCNBC's Courtney Reagan joins 'Power Lunch' to give the rundown of all the latest news from the retail sector.
Persons: CNBC's Courtney Reagan
Dick's now expects earnings of $11.33 to $12.13 per share for the year, compared to a previously issued guidance of $12.90 to $13.80. During the quarter, Dick's used promotions to offload inventory from the category. Overall, inventories were down about 5% in the quarter compared to the year ago period. While the quarter is a bit rough compared to Dick's usual reports, the retailer is still holding on to its pandemic-gains. Same store sales were up 1.8% in the quarter, compared to down 5.1% in the year ago period, and were driven by a 2.8% uptick in transactions.
Persons: Dick's, Lauren Hobart, Ed Stack, It's, We've, Stack, CNBC's Courtney Reagan Organizations: Sporting Goods, Refinitiv, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetailers blame theft for significant losses: How big is the problem? CNBC's Courtney Reagan and Gabrielle Fonrouge join 'Fast Money' to discuss retailers blaming theft for loses and if it is really as big of a problem as retailers are reporting.
Persons: CNBC's Courtney Reagan, Gabrielle Fonrouge
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart raises full-year forecast as grocery, online growth fuel higher salesCNBC's Courtney Reagan joins 'Squawk Box' to break down the retailer's quarterly earnings results.
Persons: CNBC's Courtney Reagan Organizations: Walmart
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTarget slashes full-year forecast as retailer struggles to win over thrifty shoppersCNBC's Courtney Reagan joins 'Squawk Box' to break down Target's quarterly earnings results.
Persons: CNBC's Courtney Reagan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSetting up the retail trade ahead of earnings with the Halftime TradersCNBC's Courtney Reagan joins 'Halftime Report' to discuss the retail sector ahead of big earnings next week. The Halftime Traders weigh in on the retail trade.
Persons: CNBC's Courtney Reagan
Babies R Us opens first store since liquidation
  + stars: | 2023-07-20 | by ( Courtney Reagan | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBabies R Us opens first store since liquidationRoughly five years after Toys R Us and Babies R Us liquidated, brand management firm WHP Global has partnered with American Dream Mall owner Triple Five Group to open the new flagship Babies R Us store in the East Rutherford, New Jersey, shopping complex. The brand is the same, but the store is more experiential with a stroller test track, a car seat demo, registry consultations, and a new learning center. CNBC's Courtney Reagan reports on the future of Babies R Us, its plans for a national rollout, and how the company expects to take market share from the Buy Buy Baby liquidation.
Persons: CNBC's Courtney Reagan Organizations: WHP Global, Triple Five Group Locations: East Rutherford , New Jersey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIBUY online retail ETF heading for its best year since 2020CNBC's Courtney Reagan joins ‘Squawk on the Street’ to report on online retail stocks.
Persons: CNBC's Courtney Reagan, ‘ Squawk
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe rise of #Barbiecore: Mattel cashes in on nostalgia ahead of movie releaseCNBC's Courtney Reagan joins 'Squawk Box' to take a look at how Mattel cashing in on the Barbie blitz in the retail world as the movie gets close to its box office debut next week.
Persons: CNBC's Courtney Reagan, Mattel Organizations: Mattel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLGBTQ+ employees consider fertility benefits before accepting jobsCNBC's Courtney Reagan joins 'The Exchange' to discuss employers offering expanded benefits to expecting parents, the prevalence of exclusionary insurance policies, and what industries are more likely to cover fertility benefits.
Persons: CNBC's Courtney Reagan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomy hitting Americans' personal finances, new poll findsCNBC's Courtney Reagan joins 'Squawk Box' to break down the results of a new CNBC/Morning Consult poll on where Americans are cutting back on their spending.
Persons: CNBC's Courtney Reagan Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail's 'shrink-ing' inventory issue: Companies sound the alarm on theftCNBC's Courtney Reagan joins 'Squawk Box' to report on the latest rise in retail theft.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUntil you stop the resale marketplace for shoplifted items the theft won't stop, says Gerald StorchGerald Storch, Storch Advisors CEO and fmr. CEO of Toys 'R' Us and Hudson's Bay, joins CNBC's Courtney Reagan and 'Last Call' to discuss the recent uptick in shoplifting and how it's impacting retail brands.
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