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Gap Cuts Sales Outlook on Old Navy Weakness
The Wall Street Journal22d agobullish
Gap Cuts Sales Outlook on Old Navy Weakness

The apparel company is shaking up leadership at Old Navy, bringing in Michael Francis, a retail veteran with experience at Walmart and Target, as chief executive of the brand to try to boost sales.

Dollar Stores In Earnings Spotlight With 2 Stocks In Buy Zones
Investor's Business Daily24d agobullish
Dollar Stores In Earnings Spotlight With 2 Stocks In Buy Zones

Dollar Tree earnings and Dollar General earnings are on deck Thursday, with Five Below due next week. On Wednesday, DLTR stock and FIVE stock rose in buy zones. Early Thursday, Dollar Tree and Dollar General will report for the fiscal second quarter.

More Americans admit to shoplifting from Walmart as inflation climbs
TheStreet52d agobullish
More Americans admit to shoplifting from Walmart as inflation climbs

Nearly a third of Americans say they have shoplifted at some point in their lives, according to a new LendingTree survey — a figure that has climbed as high prices for groceries, housing and insurance continue to strain household budgets. The survey found that 30% of respondents admitted to ...

Walmart beats Costco at its own game
TheStreet63d agobullish
Walmart beats Costco at its own game

Costco has a simple business model. It sells memberships, and only members can shop in its stores. In exchange for paying $65 for a Gold membership or $130 to be an Executive member, which comes with added perks, including 2% cash back on most purchases, members get low prices. Costco generated ...