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Retail
Panera Bread tests Amazon palm-scanning technology
Two St. Louis locations of Panera Bread are testing Amazon One's palm-scanning technology.Source: Panera BreadPanera Bread is piloting Amazon's palm-scanning technology in St. Louis to offer customers a faster way to connect to their…
Morgan Stanley’s case for six Club names, including Alphabet
When evaluating stocks for the Club, we're guided by our long-term mantra: Own companies that make stuff and do things at a profit. We hold the stocks of companies that showcase room for future cash-flow growth, are industry leaders with…
Foot Locker touts renewed Nike relationship, posts earnings
Foot Locker CEO Mary Dillon on Monday touted a "renewed" and revitalized relationship with Nike, including an emphasis on what she called "sneaker culture."Shares of Foot Locker more than 5%. The sneaker and athletic-apparel retailer…
Zipline unveils P2 delivery drones that dock and recharge autonomously
Logistics startup Zipline has flown more than 38 million miles with its autonomous electric delivery drones since the company was founded in 2014. Zipline put its first fleet to work in Rwanda, delivering blood and other health supplies…
Organized crime is plaguing retailers, spurring debate
America's biggest retailers say organized retail crime has grown into a multibillion-dollar problem, but the effectiveness of their strategies to solve it and the validity of the data overall have come into question. Over the last…
Unfairly swept up in Wednesday’s sell-off, these stocks look attractive
Credit Suisse (CS) spooked Wall Street on Wednesday after the Swiss bank's largest backer said it wouldn't provide more financial support, with the Dow falling more than 700 points at its low. The sell-off, however, made many of the…
Retailers roll out recession playbook
A woman carries bags of merchandise from J.Crew, Nordstrom, UGG, and Victorias Secret at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania.Mark Makela | Getty ImagesThe U.S. economy may not be in a recession,…
The Club’s retail stocks won’t be hurt by slower spending
American shoppers dramatically reined in spending in February compared with the start of the year, amid persistently high inflation. But the Club's defensive retail stocks, from discounter Costco Wholesale (COST) to coffeemaker Starbucks…
Tyson Foods to lay off 1,700 workers, close two chicken plants
A package of Tyson Foods Inc. chicken is arranged for a photograph in Tiskilwa, Illinois.Daniel Acker | Bloomberg | Getty ImagesTyson Foods will close two chicken plants in May, affecting nearly 1,700 employees."While the decision was…
Jim Cramer’s Investing Club meeting Wednesday: Stick with stocks
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. Stick with stocks Watch Costco Hold Procter for the long haul 1. Stick with stocks…