American Eagle Outfitters has been leaning on surging growth at Aerie recently, but Bank of America warns that the momentum may not be enough to overcome problems at its namesake brand. BofA reinstated coverage of American Eagle Outfitters (AEO), but with an Underperform rating and a $16 price objective. The firm argued that a turnaround
Warren Buffett does not talk about Coca-Cola like a typical stock. He talks about it like an old friend that keeps showing up with a check. Every year, Coca-Cola (KO) sends Buffett’s Berkshire Hathaway a dividend payment large enough to buy a small company outright. And for six decades running, that check has gotten a
When Target and Ulta Beauty decided to end their five-year partnership, the department store put out a terse statement about the impending divorce. “Ulta Beauty and Target Corporation announced that they have mutually agreed not to renew the Ulta Beauty at Target shop-in-shop partnership when the current agreement concludes in August 2026. Until then, the
A familiar fashion name is quietly reshaping its retail footprint, with another store now shutting its doors permanently. The latest closure comes as the company reassesses how its stores fit into a changing retail landscape, making the shutdown part of a larger story that extends well beyond a single location. Founded in 1967 as a
Home Depot has been struggling to reverse a concerning customer trend that continues to impact sales, despite recent efforts to boost demand. In the second quarter of this year, the home improvement chain’s comparable U.S. sales increased by 1.3% year over year, according to its latest earnings report. However, its in-store foot traffic declined during
Just because you close a business does not mean its expenses end. In many cases, severance is either legally mandated or agreed upon in contracts with employees. You also have vendor bills, and of course, if you have a long-term lease, that obligation does not terminate just because the business has closed. To put this
The U.S. solar industry is going through one of the sharpest divisions investors have seen in years. On one side, companies that put panels on family homes are failing one after another, with more than 100 filing for bankruptcy or shutting down since 2023. On the other side sits First Solar (FSLR), a company that
American love for sandwiches is best presented in “Friends” when the lovable Joey shows he is ready to take a bullet to save his favorite meatball sub. While most of the consumers certainly wouldn’t risk their lives for any kinds of sub, the scene perfectly exaggerates the deep, primal bond Americans have with sandwich culture.
Walmart has figured out something important about Amazon: The battle for shoppers isn’t just about who can get a package to the front door faster. It’s also about becoming part of a customer’s routine. That is why Walmart’s latest move to expand its Walmart+ membership program makes a lot of sense. The retailer recently added
Having a storied beginning and a deep history, even a legendary story, does not guarantee future success. “Uncle Nearest Premium Whiskey honors the world’s first-known African American master distiller, Nearest Green. It was the first spirits brand in the world to be named after a Black American,” the company explained on its website. Nearest famously