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☆ 33 non-Prime Day Alternative Sales to Shop from Walmart, Macy’s & More
▼ + stars: | 2023-07-12 | by ( Bellamy Richardson | ) www.wsj.com time to read: +20 min

For these two days, take 25% off select items as well as 15% off select beauty products by using the code CYBER at checkout. Everlane Best of SaleThe deal: Various discounts sitewideLooking to add some classic summer essentials to your wardrobe for the warmer weather? Lands’ End High-Summer SaleThe deal: 50% offHeading to the beach and need a new swimsuit? Our Place Summer SaleThe deal: 20% off select itemsFrom now through July 12, upgrade your cookware collection and take 20% off select items from Our Place for its Summer Sale. Sephora Top Skincare SaleThe deal: Up to 50% off top skincare itemsYou can save up to 50% off top skincare picks through July 15.

Persons: Bellamy Richardson, Alex Mill, “, Cabeau, Peter Thomas Roth, Huckberry, Ripstop, Macy’s, Michael Kors, you’ve, Samsonite, Spinner —, —, LUNA, Pearl Pink, Kate Somerville, grillers, Gray Organizations: Amazon, Amazon Prime, USA, GOLS, Stainless Steel, Macbook, Walmart, Target, Samsung, LG, Sony, LG Smart, Brooklinen, Cabeau, Soho, Rockies, Black, Nike, Nike Air Max, Saks, Saks Fifth, Sale, Sun, Dyson, Lenovo, Thermoworks, Savings, Urban, Big Deal, Urban Outfitters, Party Locations: California, Kalamata, Bone, Zion, Black, Caribbean, Tres, Wayfair, White

☆ Student-loan holders will soon have $300 less to spend each month. That could be bad news for Target and Dick's.
▼ + stars: | 2023-07-10 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Student loan payments are set to resume in October following a Supreme Court ruling last month. Analysts at Morgan Stanley project this will have a broad — but uneven — impact on major retailers. Retailers are already bracing for the shift, which analysts at Morgan Stanley project will affect nearly every company — some more than others. "Retailers with high exposure to student loan holders that sell into a discretionary category are likely most at risk, while retailers with low exposure to student loan holders are likely most insulated," the analysts note. In addition to Target, the analysis calls out Dick's Sporting Goods, Wayfair, and Williams-Sonoma as particularly vulnerable to this pullback in discretionary spending.

Persons: Morgan Stanley, Joe Biden's, O'Reilly, Jeffries Organizations: Service, Target, Walmart, Sporting Goods, Dollar, Tractor Supply Co Locations: forbearance, Wall, Silicon, Williams, Sonoma, Amazon

☆ Shoppers get set for Amazon Prime Day and competitor sales events as ‘little treat’ lifestyle takes hold
▼ + stars: | 2023-07-07 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNTwatch nowPrime Day, competitor sales start soonAmazon's highly anticipated Prime Day starts at 3 a.m. Still, nearly 80% of adults said they intend to shop on Amazon Prime Day, a survey by The Vacationer found. What to buy on Prime DayThe best deals will be on Amazon's own devices, such as 75% off the Amazon Fire TV 43-inch Omni Series. How to take advantage of Prime Day dealsTo take advantage of Prime Day deals, you must be an Amazon Prime member. (CNBC's Select has more on how to avoid the membership fee in time to score Prime Day deals.)

Persons: Amazon's, Matt Kramer, Lauder, Leonard Lauder, Vipin Porwal, it's, Julie Ramhold, Michael M, Ramhold Organizations: Walmart, Target, CNBC, Amazon, Apple, Samsung, Google, Sony, DealNews.com, Santiago, Getty Locations: Nordstrom, Sur, New York

☆ Here are Friday's biggest analyst calls: Meta, Apple, Uber, Target, SoFi, Nike, Amazon, GM and more
▼ + stars: | 2023-06-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said in a note Friday that it sees several reasons for share outperformance. Morgan Stanley upgrades Evotech to overweight from equal weight Morgan Stanley said the drug discovery and development company is well-positioned for artificial intelligence. As such we are upgrading to Market Perform with a $44 price target." Morgan Stanley reiterates Snowflake as overweight Morgan Stanley said it's bullish heading into the company's upcoming investor day. Barclays reiterates Uber as overweight Barclays raised its price target on Uber to $70 per share from $57 and says it's well-positioned.

Persons: Morgan Stanley, Apple, Stephens, KeyBanc, Wells, Armour, Wells Fargo, JPMorgan Chase, Valvoline, underperform SVB, Wayfair, Snowflake, it's, Uber, Roth, Bernstein, Jefferies Organizations: Deutsche Bank, Nike, Sovos Brands, UAA, Outsized NA, JPMorgan, Global Products, Securities, Bed, Barclays, Amazon, Citi, General Motors Locations: China, Italian, downgrades, EBITDA

☆ Stocks making the biggest moves before the bell: Starbucks, CarMax, Virgin Galactic and more
▼ + stars: | 2023-06-23 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in premarket trading. Virgin Galactic — Shares tumbled 12.4% in premarket trading after the space tourism company said it raised $300 million through a common stock offer. Virgin Galactic said it wants to raise another $400 million as the company looks to expand and improve its spacecraft fleet. Under Armour — Shares shed nearly 3% in premarket trading following a downgrade by Wells Fargo to equal weight from overweight. Wayfair — Shares of the home furnishings retailer rose more than 1% after MoffettNathanson upgraded Wayfair to market perform from underperform.

Persons: CarMax, Virgin Galactic, Armour, Wells Fargo, MoffettNathanson, Wayfair, —, Jesse Pound, Michelle Fox Organizations: Senate Health, Education, Labor, Starbucks, StreetAccount ., Galactic, Virgin, Baltimore Sun, Footwear, Bed, Deutsche Bank, Accenture Locations: Dirksen, North America, Baltimore

☆ Analysis: Why Walmart's new bet on fashion brands, home decor threatens specialty chains
▼ + stars: | 2023-06-15 | by ( Siddharth Cavale | ) www.reuters.com time to read: +5 min

She told Walmart investors its strategy is to "democratize fashion" or convert the company's core, price-conscious shoppers into style-conscious shoppers. It would probably be the rest of the market that should be worried," he said pointing to apparel retailers such as Carhartt. Walmart accounts for 4.6% of the $560.4 billion U.S. apparel market, followed by TJX, Target and Ross at 4.4%, 4.1% and 2.8%, respectively, according to GlobalData. Bankrupt Bed Bath and Beyond was a leader in the home decor and furnishing industry along with furniture chains Ikea and Wayfair. In 2005, Walmart's Metro 7 fashion brand tanked and later designer lines with Max Azria and Norma Kamali also withered.

Persons: Walmart Supercenters, Drew Barrymore, Sofia Vergara, Denise Incandela, George, Ralph Lauren, Rosenblum, Privately, Refinitiv, TJX, Ross, Brandon Maxwell, Clea Shearer, Joanna Teplin, fryer, Sofia Jeans, Vergara, Arun Sundaram, Sundaram, Max Azria, Norma Kamali, Siddharth Cavale, Vanessa O'Connell, David Gregorio Our Organizations: Walmart, Reebok, Saks, Tilly's Inc, Abercrombie, Fitch, Bravo, Netflix, Bed, Amazon.com, Walmart's Metro, Thomson Locations: Bath, U.S, Bed Bath, Walmart's, New York

More stocks left behind in the recent rally are starting to catch up to their peers. The S & P 500 and the Nasdaq Composite have reached their highest levels since April 2022, but that rally has mainly benefited tech stocks. Now, however, more stocks are starting to participate in the rally, including names that took a huge beating last year after the rise in interest rates dented their prospects. The online used car retailer skyrocketed 81% in June through Wednesday, and is higher by almost 400% this year. However, that's changing, with Peloton jumping 11% this year, though the stock remains 45% off its 52-week highs.

Persons: Tesla, Carvana, Russell, Wayfair, Ygal Arounian, Arounian, gymgoers, WeWork Organizations: Nasdaq, Microsoft, Apple, CNBC, Citi, Match, Nordstrom

☆ IKEA bets on remote interior design as AI changes sales strategy
▼ + stars: | 2023-06-13 | by ( Helen Reid | ) www.reuters.com time to read: +3 min

LONDON, June 13 (Reuters) - IKEA is training call centre workers to become interior design advisers as the Swedish furniture giant aims to offer more home improvement services and hand run-of-the-mill customer queries to an artificial intelligence bot called Billie. In April, IKEA expanded its interior design services to the UK and United States, after previous launches in parts of Europe, Australia, the United Arab Emirates and elsewhere. In the UK, customers pay 25 pounds ($31.44) for a 45-60 minute interior design advice video call and suggested product list, and can pay 125 pounds for three workspace design consultations, a floorplan and 3D visuals. Sales by phone or video of products and services through Ingka's remote interior design channel accounted for 1.3 billion euros ($1.40 billion) of revenue in Ingka's 2022 financial year - 3.3% of the total. These virtual services require significant investment, she said, to ensure items' colours, textures and sizes are accurately reflected and to minimise returns.

Persons: Billie, IKEA's Billy bookcase, We're, Ulrika Biesert, Biesert, Wayfair, It's, Jocelyn Paulley, Helen Reid, Susan Fenton Organizations: IKEA, United Arab, Ingka Group, Reuters, Ingka, Gowling, Thomson Locations: Swedish, United States, Europe, Australia, United Arab Emirates, Ingka, headcount, London

☆ Here are Thursday's biggest analyst calls: Amazon, Apple, GameStop, T-Mobile, Skechers, Lowe's & more
▼ + stars: | 2023-06-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Jefferies downgrades Las Vegas Sands and Wynn to hold from buy Jefferies downgraded several casino stocks, mainly on valuation. Jefferies reiterates Apple as buy Jefferies said it stands by its buy rating on the Mac maker but that it's concerned about the lack of social experience with Apple's VR technology. Jefferies reiterates GameStop as hold Jefferies said the revolving door of GameStop executives is "more of the same" for the company. Skechers is the world's 3rd largest footwear brand and an underappreciated growth stock, in our view." Bank of America reiterates Lowe's as a buy Bank of America said investors should buy the stock "when the market is fearful."

Persons: Wells, Jefferies, Wynn, WYNN, LVS, Oppenheimer, Apple, Wolfe, Goldman Sachs, Salesforce, Goldman, Morgan Stanley, Skechers, Lowe's, Bernstein Organizations: Vegas Sands, Citi, Apple, VR, GameStop, Mobile, Smart, Rio Tinto, UBS, Amazon, Carrier, Bank of America, of America, NextEra Energy, Xcel Energy, American Electric Power, Barclays, FedEx Locations: Vegas, Rio, China, 2023E

☆ Cramer's Lightning Round: Super Micro Computer is not a buy
▼ + stars: | 2023-05-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +3 min

Stock Chart Icon Stock chart icon Bowlero's year-to-date stock performance. Stock Chart Icon Stock chart icon Corteva's year-to-date stock performance. Stock Chart Icon Stock chart icon Telus's year-to-date stock performance. Stock Chart Icon Stock chart icon Super Micro Computer's year-to-date stock performance. Stock Chart Icon Stock chart icon Upstart's year-to-date stock performance.

Persons: Myers, Smith, Neidorff, That's, It's Organizations: Bristol, Myers Squibb, Telus, Mobile, Verizon, Carrier Locations: California, Bristol, Myers, Europe

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Ford, Wayfair, Coinbase, Disney, PayPal & more
▼ + stars: | 2023-05-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Barclays reiterates Tesla as overweight Barclays said the stock is well positioned for more gains. "The dominant narrative ahead for Tesla is one of growth, with expectations for significant volume growth and share gains in the years ahead." Roth MKM upgrades Constellation Brands to buy from hold Roth MKM said it sees the company accelerating market share gains. "As weather warms, we expect the share gains for Modelo Especial and Corona to accelerate. Morgan Stanley upgrades Medtronic to overweight from equal weight Morgan Stanley said in its upgrade of Medtronic that it's turning an operational corner. "

☆ Chinese apps remain hugely popular in the U.S. despite efforts to ban TikTok
▼ + stars: | 2023-05-29 | by ( Lauren Feiner | ) www.cnbc.com time to read: +15 min

But while TikTok has been the one in the spotlight, other Chinese apps that present similar issues are also experiencing massive popularity in the U.S. Gorman said as the U.S. considers the threat posed by TikTok, it will also need to develop a framework for how to evaluate the relative risk of Chinese apps. But in the meantime, U.S. consumers continue to turn to Chinese apps. "And then of course, there's the early growth of Lemon8, which suggests that the appetite for Chinese apps in the U.S. is still growing." And some say the most effective long-term solution for curbing the use of Chinese apps may be fostering an environment for robust alternatives to grow.

☆ Your Job Search Sucks Right Now Due to AI Hiring, Ghost Job Listings
▼ + stars: | 2023-05-22 | by ( Adrienne Matei | ) www.businessinsider.com time to read: +13 min

Finding a job right now isn't only tough, it's deeply weird. On a macro level, ghost-job postings contribute to a skewed sense of how many opportunities are really out there for US job seekers right now. Job platforms — including LinkedIn, ZipRecruiter, Indeed, and Monster — also use language-processing AI tools to filter applicants. And now, generative AI tools like ChatGPT are contributing to job loss. Suddenly, knowing how to work with AI tools and resources is an important edge for job seekers to have.

☆ Why job searches suck right now
▼ + stars: | 2023-05-22 | by ( Adrienne Matei | ) www.businessinsider.com time to read: +13 min

Finding a job right now isn't only tough, it's deeply weird. Individually, ghost-job postings can erode both trust in the job market and the morale of job seekers who are applying to hundreds of positions and never hearing back. On a macro level, ghost-job postings contribute to a skewed sense of how many opportunities are really out there for US job seekers right now. Job platforms — including LinkedIn, ZipRecruiter, Indeed, and Monster — also use language-processing AI tools to filter applicants. Suddenly, knowing how to work with AI tools and resources is an important edge for job seekers to have.

☆ Fintech Zamp, which helps companies navigate sales tax compliance, used this 12-page deck to raise a $4 million seed round
▼ + stars: | 2023-05-22 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

Zamp is a startup that helps online sellers with sales tax compliance. Sales tax compliance laws are complex and constantly changing. Zamp is aimed at helping online sellers of all sizes manage their sales tax compliance. Additionally, sales tax compliance is handled on the state, county, city, and district levels, rather than the federal level. Zamp handles every aspect of sales tax compliance for the customer, from reporting and filing to handling notices from the state.

☆ Cancel That Brainstorm. There’s a Better Way to Spur Good Ideas.
▼ + stars: | 2023-05-18 | by ( Callum Borchers | ) www.wsj.com time to read: +5 min

The value of gathering to swap loosely formed thoughts is highly suspect, despite being a major reason many companies want workers back in offices. “You do not get your best ideas out of these freewheeling brainstorming sessions,” says Sheena Iyengar, a professor at Columbia Business School. He discovered that his 16-person team, now fully remote, thrives when people develop ideas on their own and can share them in writing. An Amazon spokesman adds that the company’s brainstorming sessions are sometimes unstructured but often begin with colleagues sharing well-researched memos, reducing time spent on ill-conceived ideas. Oh, he’s also noticed that the duds tend to come first, so to leave time for the good stuff, he prescribes two-hour meetings.

☆ Office Brainstorms Are a Waste of Time
▼ + stars: | 2023-05-18 | by ( Callum Borchers | ) www.wsj.com time to read: +5 min

Office wardrobe malfunctions? The value of gathering to swap loosely formed thoughts is highly suspect, despite being a major reason many companies want workers back in offices. “You do not get your best ideas out of these freewheeling brainstorming sessions,” says Sheena Iyengar, a professor at Columbia Business School. Mostly, though, grumblers have accepted such meetings as an inescapable office reality, like elevator Muzak and bad coffee. An Amazon spokesman adds that the company’s brainstorming sessions are sometimes unstructured but often begin with colleagues sharing well-researched memos, reducing time spent on ill-conceived ideas.

☆ Here's the 12-page pitch deck a startup helping online sellers navigate the complicated world of sales tax compliance used to raise a $4 million seed round
▼ + stars: | 2023-05-17 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

☆ Meet Kim Posnett, the powerful Goldman Sachs dealmaker who was just named head of the investment bank's TMT unit
▼ + stars: | 2023-05-03 | by ( Reed Alexander | ) www.businessinsider.com time to read: +10 min

Kim Posnett was just named head of Goldman's all-important TMT investment banking group. Posnett, 43, has long been one of the most senior figures at Goldman's investment bank. Posnett was previously the head of Goldman's investment-banking services unit, which acts as a salesforce for the global IB division. The former co-head of Goldman's TMT franchise will become co-chairman of the unit. The former would result in the IB services group, which functions, in effect, as a sales force.

☆ A solid start to earnings season will be put to the test in the week ahead
▼ + stars: | 2023-04-29 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

The biggest week of this earnings season showed us that things aren't as bad as many feared. The week ahead of earnings, including several more Club names, should tell us more. The results are always important, but it's the guidance and management commentary we will really hone in on to better understand the path ahead. In Amazon's case, a solid first quarter for its AWS cloud business was overshadowed by management seeing a material slowdown in April. ET: Nonfarm Payrolls Looking back It was the biggest week of this earnings season for the Club as several of our mega-cap holdings and industry bellwethers reported results.

☆ Wayfair’s Way Day Sale: What to Buy, According to Expert Shoppers
▼ + stars: | 2023-04-26 | by ( ) www.wsj.com time to read: +7 min

By Buy Side StaffWayfair’s Way Day Sale is happening now, which means tons of furniture, decor, cookware and more home essentials are deeply discounted. All-Season ComforterIf you’re ready to upgrade your comforter, these two are part of the Way Day sale. Right now the light grey color is down to $700, well below the $1,250 price we’ve tracked in the past. And during Way Day the white version is marked down to $124, nearly 40% less than it was during Wayfair’s last big sale. Large, understated mirrorA strategically placed mirror is a great way to make your space feel larger, and this Ivy Bronx model is a great way to do so without drawing attention to the mirror itself thanks to the simple frame.

☆ One online retailer will get a sizable sales boost from Bed Bath & Beyond's demise, Telsey Group estimates
▼ + stars: | 2023-04-26 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

The shuttering of Bed Bath & Beyond stores should provide a significant sales boost to online retailer Wayfair, according to Telsey Group. Bed Bath & Beyond filed for Chapter 11 bankruptcy protection on Sunday and is trying to auction its namesake and Buybuy Baby brands. W 6M mountain Wayfair's year-to-date performance Telsey based its analysis on several factors, such as size, store proximity to Bed Bath & Beyond locations, the mix of online sales versus store sales, and consumer demographic. Wayfair was also named by Oppenheimer as among those poised to benefit from Bed Bath & Beyond's demise. Shares of the online retailer are up nearly 9% so far this year.

☆ Here are the biggest winners from Bed Bath & Beyond's bankruptcy filing
▼ + stars: | 2023-04-24 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Bed Bath & Beyond filed for Chapter 11 bankruptcy protection on Sunday after failing to raise enough money to stay in business. The company is asking a New Jersey bankruptcy court permission to auction its namesake and Buy Buy Baby brands. "Comments from BBBY suggest that if a buyer of the company does not emerge, management plans to gradually wind down operations. The company currently operates 360 namesake locations and 120 Buy Buy Baby stores. "We are hard-pressed to envision Wayfair shares moving appreciably higher until the company's business model showcases improved, broad-based fundamental momentum.

☆ Bed Bath & Beyond files for bankruptcy
▼ + stars: | 2023-04-23 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Chris Hammons unloads a bag of items she purchased at a Bed Bath & Beyond store in Dallas, Texas September 23, 2009. In its bankruptcy filing, Bed Bath & Beyond said it had $5.2 billion in debt and assets of just $4.4 billion. Discount chains such as HomeGoods and TJ Maxx have also undercut Bed Bath & Beyond’s prices. Without the differentiators of the lowest prices or widest selection, Bed Bath & Beyond’s sales stagnated from 2012 to 2019. And Bed Bath & Beyond is the latest retail chain to file for bankruptcy this year.

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☆ IKEA plans new U.S. stores in $2.2 bln push to challenge Walmart and Wayfair
▼ + stars: | 2023-04-20 | by ( Helen Reid | ) www.reuters.com time to read: +2 min

[1/2] The company's logo is seen outside of an IKEA Group store in Saint-Herblain near Nantes, France, March 22, 2021. Ingka plans to open eight new big IKEA stores and nine smaller stores as well as upgrading existing stores in the U.S., which is IKEA's second-biggest market by sales after Germany, the company said on Thursday. As consumers spend less, big-box retailers Walmart and online furniture retailer Wayfair are cutting jobs and shutting stores, creating an opportunity for IKEA to pick up cheaper store and warehouse space. The planned stores would increase the number of IKEA locations in the U.S. by around a third, from 51 stores and two "plan and order points". Ingka Group had revenues of 5.5 billion euros ($6.03 billion) in the U.S. in its 2022 financial year.

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