DIRS.INFO The most relevant business & tech news

I frequently cover shopping events as a writer for NBC Select, and I spent weeks combing through discounts to find the best Black Friday Costco deals actually worth shopping. SKIP AHEAD Best Black Friday Costco deals | More Black Friday Costco sales | Best Black Friday sales at other retailers | How I picked the best Black Friday Costco deals | Why trust NBC Select? Best Black Friday Costco salesHere are the best Black Friday Costco sales to know about. All the deals I recommend are at least 20% off and highly rated with at least a 4.0-star average rating. To round up the best deals from Costco, I found highly rated products at their lowest price ever or their lowest price in three months.

Persons: You’ll, I’ll, Bose, Jordan Bowman, Dyson, trimmer, shaver, it’s, TikTok Organizations: Costco, NBC, Black, HP, Bluetooth, Google, Costco NBC, Braun, Epson, GE, Wellness, Bath, Giftable Tech, Amazon Prime, Facebook, Twitter

Like rural communities across the country, Celina is seeing a housing boom that made it America’s fastest growing city in 2023. With more than 200 people moving there each week, the city projects it will have more than 100,000 residents by 2029. “Southern Collin County is just getting really, really, really expensive. Keeping Celina relatively affordable has also been a challenge for local officials with the typical home now selling for around $550,000. As land prices go up in Celina, developers like Plute’s Swindell are looking even further north to be able to build homes in the $300,000 price range.

Persons: Suzanne D’Amico, ”, D’Amico, Ryan Tubbs, Prosper, Anna, Bryan Swindell, “, Celina, LaCinda Russell, She’s, I’ve, Russell, Collin County, Kelcey Kasper, “ They’re, ” Kasper, Jasmine Hughes, Hughes, ” Hughes, Luke Thigpen, ” Thigpen, she’s, “ We’ve, “ I’ve Organizations: U.S . Department of, Celina, homebuilders, PulteGroup’s Dallas Division, Walmart, Costco, Nationwide, ” Locations: Dallas, Celina , Texas, Celina, America, California, Collin County, Princeton, Collin, Frisco, McKinney, Princeton , Texas, North Texas, it’s

The FBI is investigating several bomb threats targeted at several Connecticut Congress members and a pint-size pup wins the National Dog Show. Getty ImagesFive of Connecticut’s lawmakers say they were targeted with bomb threats on Thanksgiving day, though no bombs were ultimately found. Pug love at the National Dog ShowPug at The National Dog Show. National Dog Show contestants are judged based on overall appearance, temperament and structure according to their breeds’ official standards. Staff Pick: Why the 1978 Village People song “YMCA” is topping the chartsThen-President Donald Trump dances to the song "YMCA" following a campaign rally at Erie International Airport in Erie, Pa, on Oct. 20, 2020.

Persons: what’s, Ali Jadallah, Gideon Sa’ar, “, Sa’ar, Khan Younis, Mohammed Nasser, Jim Himes, John Larson, Jahana Hayes, Joe Courtney, Rosa DeLauro, Sen, Chris Murphy, Donald Trump’s, Kevin G, Bill McCay, pug, Vito, ”, Taylor Swift, Donald Trump, Gene J, — — Joe Murphy, Kaylah Jackson Organizations: FBI, Connecticut Congress, Getty, NBC News, Connecticut, Democratic, President, Chatham University Researchers, NBC, Amazon, Walmart, Costco, The College, ”, Erie International, YMCA ” Locations: Gaza, Lebanon, Connecticut, Israel, Gaza City, Anadolu, Czech Republic, Lebanese, Khan, Kenya, Fora, Erie, Pa

☆ Stocks making the biggest moves midday: Advance Auto Parts, Robinhood, chip equipment makers and more
▼ + stars: | 2024-11-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading: Chip equipment stocks — Global chip equipment stocks rose on news that the Biden administration is considering further sanctions on sales of semiconductor equipment and artificial intelligence memory chips to China that could be less strict than earlier proposals. Advance Auto Parts — Shares dropped 7% after credit rating agency Moody's Ratings downgraded the auto parts company's senior unsecured debt to Ba1, below investment grade, according to FactSet. Hasbro — Shares jumped 2% after Elon Musk floated the prospect of acquiring the toymaker to secure the rights to Dungeons & Dragons. Zeta Global Holdings — The marketing software stock climbed 5.5% after the company's CEO called a recent short seller report "erroneous" on CNBC's "Closing Bell" on Wednesday. Crypto stocks — Stocks tied to the price of bitcoin rose as the cryptocurrency climbed closer to the $100,000 milestone.

Persons: Biden, ASML, Robinhood, Moody's, Elon Musk, Stocks, Yun Li, Jesse Pound, Hakyung Kim, Sarah Min, Sean Conlon, Pia Singh, Tanaya Macheel Organizations: Materials, KLA Corporation, Lam Research, Bloomberg, U.S . Securities, Exchange Commission, Trump, Advance, Hasbro —, Elon, U.S . Target, Costco, Walmart, Zeta Global Holdings, Holdings Locations: China, Dutch, Ba1

☆ We order Thanksgiving dinner from chains instead of cooking. It costs the same as our groceries and comes with so many perks.
▼ + stars: | 2024-11-29 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

AdvertisementI've enjoyed cooking Thanksgiving dinner, but in recent years, I started ordering the meal instead. Since I got married and later became a mom, I've loved cooking Thanksgiving dinner for my family. AdvertisementIn recent years, however, I've simplified the process and started ordering Thanksgiving dinner to-go from chain restaurants like Cracker Barrel or warehouse stores like Costco. The cost is about the same as (or less than) our Thanksgiving groceries. Plus, by reheating premade dishes, we can enjoy time with family without hours of cooking and a massive kitchen clean-up.

Persons: I've, we'd Organizations: Costco

☆ Ditch all the negativity: Here's what can go right to lift each of our 34 stocks
▼ + stars: | 2024-11-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +20 min

To counter that, Jim Cramer has said investors should not lose sight of what can go right for their stocks. Smooth chip updates: AMD needs to successfully carry out its annual release cycle for AI chips. That needs to be sustained to justify Meta's heavy spending on AI chips. Nevertheless, correcting this dynamic should translate into faster revenue growth rates. Palo Alto Networks Bigger deals: Cybersecurity is a secular growth market: As the number of bad actors grows, companies can't afford to not invest in defense.

Persons: Jim Cramer, Abbott, Donald Trump, Trump, Joe Biden, Eaton, Eli Lilly, Eli Lilly's GLP, Lilly, Hurricanes Helene, Milton, Elliott Management's, Elliott, Jim, Linde, Morgan Stanley Lower, Morgan, Biden, –, Jensen Huang, Palo, Stanley Black, Brian Niccol's, Wells, Jim Cramer's, Timothy A, Clary Organizations: Abbott, Devices, Microsoft, AMD, Nvidia, Justice Department, Services, Trump, Apple, Apple Intelligence, Federal, Bristol Myers Squibb, Bristol Myers, Broadcom, Constellation Brands, Modelo, Costco, U.S, Netflix, Coterra Energy, LNG, DuPont, GE Healthcare, GE, Hurricanes, Honeywell Business, Honeywell, Linde, Meta, Facebook, Federal Reserve, GOP, Nvidia's, Industry, Palo Alto, Decker, Starbucks, Walt Disney Parks, TJX, Jim Cramer's Charitable Trust, CNBC, Traders, New York Stock Exchange, Getty Locations: U.S, BlackRock, Corona, China, Dover, –, New York City

☆ Organic eggs at 25 Costco stores were recalled for Salmonella risk
▼ + stars: | 2024-11-29 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +1 min

AdvertisementThe FDA said organic eggs sold in some Costcos are being recalled for Salmonella concerns. It's time to check your fridge if you picked up organic eggs during your last Costco run. Due to Salmonella concerns, organic eggs sold at Costco are being recalled in five states. AdvertisementOn Wednesday, the Food and Drug Administration announced that 10,800 retail units of 24-count organic eggs sold under Costco's Kirkland brand are being recalled. The recall specifically applies to Costco organic eggs with the Julian code 327 and a "Use By" date of Jan 5, 2025.

Persons: Costco's Kirkland, Julian Organizations: FDA, Costco, Food and Drug Administration Locations: New York, Costcos, Alabama , Georgia, North Carolina, South Carolina, Tennessee

☆ What’s open and closed on Thanksgiving Day 2024
▼ + stars: | 2024-11-27 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

Editor’s Note: Get a street-side view of the biggest Thanksgiving Day parades around the country. Watch ‘Thanksgiving in America’ on CNN and CNN Max on Thursday, November 28 at 8 a.m. New York CNN —Many Americans spend Thanksgiving with their loved ones over a home-cooked meal. Postal servicesDon’t expect any packages on Thanksgiving Day. Limited UPS stores will be open.

Persons: CNN Max, Brian Cornell, Nordstrom, Kohl’s, Tom Thumb Organizations: CNN, America ’, New, New York CNN, Turkey, Walmart, Albertsons Companies – Safeway, Albertsons, ACME, Aldi, Costco, Nasdaq, New York Stock Exchange, US Postal Service, UPS, FedEx, Limited Locations: New York, Chicago, Houston, America

☆ We knew Best Buy's quarter and guide would be weak. Here's our plan for the stock
▼ + stars: | 2024-11-26 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

BBY YTD mountain Best Buy YTD These were not the results we wanted from Best Buy, but they are the numbers we had expected. Best Buy stock below $80 would push the dividend yield up to just under 5% — a nice payout for our patience. We still believe in the stock because Best Buy should benefit once mortgages drop and housing turnover picks up. Best Buy Why we own : We believe Best Buy will prove to be a go-to destination for consumers looking to upgrade hardware, much of which was purchased during Covid, to new AI-powered devices. In the Best Buy app, the company also launched the "Best Buy Gift Finder," an AI-powered gifting guide to help consumers find new products.

Persons: Jim Cramer, it's, Donald Trump, Jim, Corie Barry, Barry, Matthew Bilunas, Jim Cramer's, David Paul Morris Organizations: Revenue, LSEG, Target, Walmart, Amazon, Costco, Enterprise, Black, Microsoft, Meta, Management, CNBC, Bloomberg, Getty Locations: Tuesday's, Union City , California

☆ Why Americans Love Aldi; Food Inflation, Budget, Discount Groceries
▼ + stars: | 2024-11-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +11 min

She usually shopped at Publix, but in 2021, when inflation was sending grocery prices soaring, her curiosity got the better of her. AdvertisementAs grocery prices have jumped by double digits over the past few years, people have felt the sting. So how did a German grocery chain find such a ravenous following in America? For comparison, about 20% of groceries sold in the US last year were store brands, according to the Food Marketing Institute. He expects to see even more Aldi stores opening.

Persons: Julie Herron, Herron, Theo, Karl Albrecht, Aldi, wasn't, Oscar Mayer, Gen Z, Scott Patton, Patton, Joe's, there's, Phil Lempert, She's, Lempert, it's, Dunnhumby, Zak Stambor, I'm, Trump, Jason Hart, they'll, Alex Bitter Organizations: Aldi, Kroger, Foods, Iowa City, Employees, Bank of America, Food Marketing Institute, Aldi USA, Costco, Facebook, Southeastern Grocers, Winn, EMARKETER, Business, Walmart Locations: Nashville, Aldi, Euromonitor, America, Germany, Iowa City , Iowa, Charlotte , North Carolina, Wisconsin, Florida, Washington and Colorado, Illinois

☆ What traders are watching Tuesday: Retail stocks that can withstand new tariffs, playing the small-cap rally
▼ + stars: | 2024-11-26 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +3 min

"We think tariffs across the board are a lose-lose game. Tariffs are worrisome when it comes to global trade and worrisome in terms of inflation," said Katz. Small caps hit an all-time high The Russell 2000 hit an all time high on Monday. "Take your 80/20 portfolio your risk adjusted portfolio you are seeing about a 7%-8% allocation to small caps, maybe 11%-12% to midcaps," Boneparth said. Now, you are getting a lift from small caps and mid caps as well."

Persons: Amgen David Katz, Katz, Rupesh, Donald Trump, Small, Russell, Doug Boneparth, Boneparth Organizations: PRO, Worldwide, Matrix, Oppenheimer, Walmart, Costco Locations: China, Mexico, Canada, U.S, megacap

☆ Insider Today: Vacation-rental red flags
▼ + stars: | 2024-11-23 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

AdvertisementThis post originally appeared in the Insider Today newsletter. BI's movie reviewer said that "Wicked," starring Ariana Grande and Cynthia Erivo, is worth the two hours and 41 minutes. This week's dispatchGMVozd/ Getty ImagesHow to win ThanksgivingNo matter how you try to slice it, hosting Thanksgiving dinner is a task. Vacation-rental red flagsMartin Puddy/Getty ImagesAs a full-time traveler, it's fair to say Tammy Barr knows what she's doing when it comes to finding a good vacation rental. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: Ariana Grande, Cynthia Erivo, It'll, she's, Ozempic Michael M, Chelsea Jia Feng, Robert F, Kennedy Jr, Big, Martin Puddy, Tammy Barr, Barr, Harold Cunningham, Rebecca Zisser, Philippe, Reid, Craig Karger, Olga Rolenko, Willink, it's, Chad Michael Murray, Jamie, Claire Fraser, Dan DeFrancesco, Grace Lett, Lisa Ryan, Amanda Yen Organizations: Business, US Naval Academy, Costco, RFK, Getty, Department of Health, Human Services, Big Pharma, nab, BI, Retired Navy, Hulu, Starz Locations: New York City, New York

☆ Another US wholesale favorite is bumping its membership prices
▼ + stars: | 2024-11-22 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

AdvertisementThe wholesale chain BJ's said it would raise its membership fees in 2025. Its rival Costco raised its membership fees in September. Another wholesale retailer is planning to raise its membership fees. Related VideoIt said the new cost of a Club membership would be $60 annually, up by $5 from the current price, and a Club+ membership would cost $120, up by $10. The chain's rival Costco raised membership fees in September.

Persons: It'll, BJ's Wholesale, Robert Eddy Organizations: Costco, BJ's, Gold Star, Sam's

☆ The portfolio's biggest stock winners — and laggards — for the week
▼ + stars: | 2024-11-22 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Markets: The stock market is wrapping up a good week, with the S & P 500 on Friday pacing for its fifth straight session of gains. Next week: It's a holiday-shortened week with markets closed Thursday for Thanksgiving and closed early (1 p.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, industrials, Coterra, We're, Blackwell, CrowdStrike, Robert F Kennedy, we'll, JM Smucker, Jim Cramer's, Jim Organizations: CNBC, ., Walmart, Costco, Utilities, Nvidia, Coterra Energy, Technology, Enterprise, Department of Health, Human Services, Department of Justice, Google, Chrome, Burlington Stores, Dick's Sporting Goods, JM, Abercrombie, Fitch, Dell Technologies, HP Inc, Federal, Jim Cramer's Charitable, Traders, New York Stock Exchange, NYSE Locations: New York City

☆ Greene: If it was just the MAG seven, the rally would not be sustainable.
▼ + stars: | 2024-11-22 | 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 EmailGreene: If it was just the MAG seven, the rally would not be sustainable. Victoria Greene, Founding Partner & CIO at G Squared Private Wealth, discusses the broader market rally, noting that small-cap stocks are outperforming tech giants. She sees opportunities in traditional stocks like Walmart, Costco, and IBM, and views the market as a bull run, urging investors to take advantage rather than stay on the sidelines.

Persons: Greene, Victoria Greene Organizations: MAG, Partner, G Squared, Wealth, Walmart, Costco, IBM

☆ BJ’s Wholesale Club membership fees are going up for the first time in 7 years
▼ + stars: | 2024-11-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —BJ’s Wholesale Club is hiking the price of its annual membership fee for the first time since 2018. The warehouse store chain, a smaller rival to Costco and Sam’s Club, announced Thursday that the cost will increase by $5 to $60 per year for its basic plan. Annual fees have been one of the biggest profit-generating areas for BJ’s, helping it offset expenses to keep its prices down. Meanwhile, Sam’s Club last raised its fees in 2022. The company has fewer stores than its major competitors, and its locations are a little smaller, though BJ’s carries a wider variety of items.

Persons: BJ’s, ’ Organizations: New, New York CNN, BJ’s Wholesale, Costco, Sam’s Club, Sam’s Locations: New York, Westborough , Massachusetts, East Coast, Michigan

☆ I tried every flavor of muffin I could find at Costco and ranked them from worst to best
▼ + stars: | 2024-11-20 | by ( Su-Jit Lin | ) www.businessinsider.com time to read: 1 min

I had never tried a Costco muffin before this taste test. I was so excited to finally try Costco's large muffins. Su-Jit LinEvery time I go to Costco, I glance wonderingly at the enormous muffins from the bakery. For years, I've yearned from afar, but I decided to try them all for the first time and rank them from worst to best. Editor's Note: Availability may vary as some of the muffin flavors are limited-edition or have been discontinued.

Persons: Jit Lin, I've Organizations: Costco

☆ Target sounds the alarm bell on holiday shopping
▼ + stars: | 2024-11-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Target is expecting a surprisingly weak holiday shopping season, a warning sign for the retail industry. The holiday shopping season is pivotal for retailers. While Target can survive a weak holiday season, many smaller companies depend on strong sales during the holidays. But Target has also slumped because of its merchandise mix and higher prices compared to rivals like Walmart. Walmart raised its financial outlook, a signal it expects a strong holiday shopping season.

Organizations: New, New York CNN, Target, Walmart, Costco Locations: New York

☆ Jim Cramer looks at Target earnings, says consumers are loyal to value and not brands
▼ + stars: | 2024-11-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Wednesday said consumers right now aren't focused on brand names, but on companies that can provide the most value. The big box retailer cut its full-year guidance, and management said it saw weakness in discretionary products despite price cuts. Although the two retailers offer similar products, Cramer said Walmart is simply more affordable. He also named other discount outfits that are seeing success despite a tough consumer landscape, including Costco , TJX , Chili's-parent Brinker and Texas Roadhouse . On Wall Street, this focus on value extends beyond consumer companies and to sectors like tech, Cramer added.

Persons: CNBC's Jim Cramer, we're, " Cramer, Cramer, Brinker, Microsoft — Organizations: Target, Walmart, Costco, Texas, Nvidia, Google, Oracle, Microsoft

☆ Walmart hits new highs and Target dives after earnings as rivals diverge even more
▼ + stars: | 2024-11-20 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +5 min

Customer traffic gains were similar at the two stores, yet Walmart's sales trends looked much better than Target's. Walmart's traffic growth edged out its rival's, with a gain of 3.1% at Walmart U.S. versus 2.4% at Target. Walmart's e-commerce sales in the U.S. rose 22%, a bigger increase than the nearly 11% at Target. About 60% of Target's sales come from discretionary items, such as home goods and clothing. On a call with investors on Wednesday, Cornell pointed to "green shoots" in the business, even as sales results disappointed.

Persons: Brian Cornell, Walmart's, Michael Baker, Davidson, Baker, Paul Lejuez, Kate McShane, Goldman Sachs, Davidson's Baker, Cornell, Michael Lasser, We'll Organizations: Walmart, Walmart U.S, Target, D.A, Amazon, Costco, Citi Research, Deutsche Bank, HSBC Global Research, Citi, Cornell, UBS Locations: U.S, Minneapolis, America

☆ We're making another trim of a stock under pressure to protect hard-fought profits
▼ + stars: | 2024-11-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

We're selling 165 shares of Best Buy at roughly $86 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 600 shares of BBY, decreasing its weighting to about 1.5% from 1.9%. BBY YTD mountain Best Buy YTD On Wednesday, however, we're selling some Best Buy shares for another reason: discipline. But we have to acknowledge that Best Buy competes with the big three on electronics. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Donald Trump, There's, Jim Cramer, Jim Organizations: Federal Reserve, Walmart, Amazon, Costco —, TJX Companies, CNBC Locations: BBY, Williams, Sonoma

☆ Jim Cramer wants to buy this falling tech stock — and touts another reason to like Disney
▼ + stars: | 2024-11-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer reiterated his belief that the big-picture rollout of Blackwell is fine. Jim Cramer said he sees "a great opportunity" to buy Crowdstrike as shares fall nearly 2% Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Stocks, Jim, we're, Jim Cramer's Organizations: CNBC, Nasdaq, Nvidia, Blackwell, Target, Costco, Walmart, Club, Palo Alto Networks, Disney, Williams, JPMorgan, Delta Air Lines Locations: Sonoma

☆ Target shares plummet 18% in premarket trade as it posts disappointing earnings and cuts guidance
▼ + stars: | 2024-11-20 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

The retailer cut its full-year financial guidance and reported sales growth of just 0.3%. Target shares plunged as much as 18% in premarket trading after the retailer posted disappointing third-quarter earnings and lowered its financial guidance for the year. On Wednesday, Target reported adjusted earnings per share of $1.85, down just under 12% year-over-year. AdvertisementIn the release, Target also cut its full-year financial guidance, saying it expects earnings per share of between $8.30 and $8.90. At its second-quarter earnings in August, the retailer said it expected full-year EPS of between $9 and $9.70.

Persons: Brian Cornell Organizations: Analysts, Revenue, Target Corporation, Target, Walmart, Costco

☆ My family paid $180 to have Costco handle Thanksgiving dinner. The prep was easy, and every dish tasted homemade.
▼ + stars: | 2024-11-19 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

AdvertisementWe let Costco handle Thanksgiving dinner by ordering a premade meal from the warehouse chain's site. Our delicious dinner required little work to reheat, giving us more time to spend with family. I love the holiday season and all the delicious food it brings — so much so that I've even cooked an entire Thanksgiving from Ina Garten recipes. The $230 Thanksgiving dinner, provided by food distribution company Fortune Fish and Gourmet, was $50 off for Costco members when I preordered, making it just $180. AdvertisementHere's what it was like to let Costco handle our early Thanksgiving dinner, which we planned for when my mother-in-law would be in town.

Persons: Ina Garten, I Organizations: Costco, Singapore Airlines, Fish Locations: Turkey

☆ Jim Cramer explains why budget retailers like Walmart are seeing success
▼ + stars: | 2024-11-19 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

The big box retailer posted an earnings and revenue beat on Tuesday, impressing Wall Street and sending the stock to a new 52-week high, up 3% by the close. Walmart highlighted growth in its e-commerce segment and advertising business as factors that contributed to its success. But to Cramer, the main reason Walmart's quarter impressed Wall Street is its affordable merchandise and price reductions. Walmart and peer retailers that focus on value — like Amazon and Costco — are what consumers want right now, and these retailers are some of the only ones that can afford large price rollbacks, he added. "There's something going on underneath, something that's hurting every department store, every dollar store, every mall store," Cramer said.

Persons: CNBC's Jim Cramer, Cramer, Wall Organizations: Walmart, Costco Locations: U.S

Search resuls for: "Costco"

25 mentions found