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☆ This is what Starbucks workers really think about the chain's changes to how they'll make cold brew and other iced drinks
▼ + stars: | 2022-09-22 | by ( Mary Meisenzahl | ) www.businessinsider.com time to read: +4 min

Insider spoke to nine US Starbucks workers to hear their thoughts on the announcement. Workers told Insider that they want changes that will make their jobs easier, but not at the expense of their craft. And a new system for making cold brew is even more of an overhaul: So called "cold-pressed" technology will allow baristas to make cold brew in a few seconds compared to the 20 hours it now takes to brew the stuff. And cold drinks are important to the company: Iced drinks now make up about 70% of Starbucks' sales, CEO Howard Schultz said recently. "I think the new cold brewer will save a ton of time and tedious work," a supervisor from Detroit told Insider.

☆ Retailers have a serious inventory problem. Here are the stocks most at risk, according to UBS
▼ + stars: | 2022-09-21 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

UBS said the inventory problem at retailers is worse than investors are expecting, and identified some stocks that will be hardest hit. 2) The Street's 3Q and 4Q gross margin estimates look too high," analyst Jay Sole wrote in a note Wednesday. The findings are an ugly surprise for some investors who expected retailers would resolve inventory issues after the first quarter this year, according to UBS. "Since the industry's sales/inventory spread has deteriorated, we believe the industry's gross margin trend should deteriorate too in Q3. Kohl's inventory jumped at the end of the second quarter, up 48% from the end of the second quarter in 2021, because of lower sales.

☆ We're buying more shares of two companies, stepping off the sidelines in this down market
▼ + stars: | 2022-09-20 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

We're buying 25 shares of Danaher (DHR) at roughly $272.79 each. We're also buying 100 shares of TJX Companies (TJX) at roughly $63.04 each. Following Tuesday's trade, the Trust will down 950 shares of TJX, increasing its weighting in the portfolio to 2.13% from 1.91%. We're adding to our position in Danaher and buying back 25 shares we previously sold at higher levels. Danaher shares have fallen about 3.5%, or $10, since the company made these two announcements last Wednesday after the closing bell, compared to a roughly 2.9% decline in the S & P 500 .

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