Weeks ahead will test retailers’ lofty expectations

Shoppers ascend and descend an escalator at Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark McKella | Reuters Is it starting to look a lot like Christmas? Probably not, this year. With 24 days into the big holiday, retailers are hoping consumers will keep spending. Shoppers started buying holiday gifts early … Read more

Stage set for bigger beauty sales at Target, Kohl’s

A Sephora store inside a Kohl’s store, and an Ulta Beauty store inside a Target store. Source: Kohl’s; targeting Beauty has always been a big holiday category, but this year it’s expected to be even bigger. Shoppers aren’t just looking for perfumes or candles to give to family and friends. They are eager to replenish … Read more

What Jim Cramer is watching in the market Monday, including the omicron impact

Jim Cramer. Scott Millian | CNBC (This article was first sent to members of the CNBC Investing Club with Jim Cramer. For real-time updates in your inbox, Subscribe here.) What I’m looking forward to, November 29, 2021: Endless panic attacks will eventually lead to boredom…Omicron can give the fear that vaccines don’t work, giving people … Read more

Best trades on CNBC Wednesday: Cathie Wood on Bitcoin, Zoom Video and Tesla

A summary of Wednesday’s top stock picks on CNBC.

5 things to know before the stock market opens Wednesday, Nov. 24

Here are the top news, trends and analysis that investors need to start their trading day: 1. Wall Street looks lower as tech stocks come under pressure again Traders during the initial public offering of Sweetgreen (IPO) in front of the New York Stock Exchange (NYSE) in New York, Thursday, November 18, 2021. Michael Nagel … Read more

Nordstrom (JWN) Q3 2021 earnings miss, sales beat

A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Tuesday reported earnings that fell short of analyst expectations as labor costs eroded profits and sales and its Nordstrom Rack business struggled to return to pre-pandemic levels. The news sent faltering over 16% in extended … Read more

Best Buy CEO says rising theft is hitting profits, could hurt employee retention

High rates of theft are hurting company profits and could hurt employee retention at a time when the job market is tight, particularly in the retail industry, Best Buy CEO Corey Barry said Tuesday. She said the retailer has seen a marked jump in organized crime, with people coming into stores to steal consumer electronics … Read more

Stock futures are flat after rout in tech stocks

Traders work on the floor of the New York Stock Exchange (NYSE) on October 15, 2021 in New York City. Spencer Platt | Getty Images US stock futures were flat in overnight trading on Monday after a tech-focused sell-off driven by surging bond yields that saw the Nasdaq Composite drop more than 1%. Dow futures … Read more