About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
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Target earnings and sales trounced analysts’ estimates, marking a bright spot in retail after weak reports from department store chains J.C. Penney and Kohl’s.
Activist investor Carl Icahn, likely the largest short seller of mall debt, stands to gain $400 million or more if mall owners can’t pay or service their debt, traders told the Wall Street Journal Tuesday.
Joining us on the show is Joel Bines, Co-Head of Retail Practice at Alix Partners, who gives us his perspective on the recent mixed earnings reports seen from the retail sector.
Courtney Reagan reports on the recent disappointing numbers both Home Depot and Kohl’s reported in its latest earnings and how both retailers are addressing this situation with the upcoming holiday shopping season just around the corner.
’Tis the season to be jolly. Yet, stress is the prevailing emotion.
The vast majority, or roughly 70%, of adults are stressed about the upcoming holiday season, mostly thanks to money woes, according to a survey from Country Financial.
Home Depot reports quarterly earnings that beat expectations but sales fell short due to the timing for an ongoing investment plan.
Joining us on the show is Michael Lasser, Retail Analyst at UBS, who gives us his perspective on the strong consumer and how retail sales rebounded in the month of October.
Walmart is taking market share from competitors as it pushes further into the one thing everybody needs: food. Courtney Reagan has more for us.
Joining us on the show is Charlie O’Shea, Retail Analyst at Moody’s, who gives us his perspective on Walmart’s strong earnings report.
Walmart just proved it’s a grocery powerhouse. And it still has plenty of room to run.
The big-box retailer’s strong food business has been a key factor to recent sales gains, and this latest quarter, reported Thursday, was no different.
Apple has started to make its products thicker in an effort to give people what they want: functionality over form. This is a good thing. There are two recent examples: this year’s iPhones and the new 16-inch MacBook Pro.
Google will offer checking accounts next year, according to a source familiar with the company’s plans, representing Big Tech’s boldest move yet into the consumer banking business.
Nike will stop selling merchandise directly to Amazon, as part of its push to sell more directly to consumers, the company confirmed to CNBC.
Rahel Solomon reports on the record sales China’s e-commerce giant Alibaba reported on its Singles Day.
Amazon has begun hiring for a new grocery store that’s slated to open next year in a neighborhood of Los Angeles.