Target (NYSE: TGT) detailed the consumer response to the spread of coronavirus when it announced the withdrawal of its first quarter guidance. Sales are soaring. For the month of March, comparable store sales have climbed 20%, well above the 3.8% the company saw in February.
As the market sell-off continues, Tractor Supply's (NASDAQ: TSCO) stock is faring better than the S&P 500, with its shares bouncing back from its year-to-date low against the backdrop of an uncertain market.
Macy's (NYSE: M) stock fell by more than 20% on March 23 after the Cincinnati-based retailer famous for its Thanksgiving Day parade saw investors bail out as the company suspended its dividend.
A lot has changed in recent months since I called the dividend of AMC Entertainment (NYSE: AMC) a relatively safe bet. Not only has that dividend payout since been slashed, but it's looking increasingly likely there will be no future dividends at all. AMC CEO Adam Aron said in a
(RTTNews) - Attorneys General of 33 states in the United States jointly issued a letter to major online platforms asking them to do more to stop price gouging during the coronavirus or Covid-19 pandemic.
Despite a bear market and the threat of recession looming over world economies, some businesses actually stand to benefit from the COVID-19 pandemic. But beware of the pundits pushing short-term coronavirus plays -- look for long-term business or consumer trends. The current hea