The Latest Breaking News from Specialty Retailers

July inflation came lower than expected, providing some relief to the investors’ concerns. However, the Fed intends to continue with its rate hikes, and the chances of a potential recession cannot be ruled out. The retail industry has outperformed the broader market over the past month, and we think investors…

The continued supply chain disruptions and rising prices have adversely affected the retail industry, particularly specialty retailers. With the possibility of the economy entering a recession, specialty retailers are expected to be affected by declining consumer demand. Thus, it could be wise to avoid fundamentally weak specialty retail stocks Party…

Popular meme stock GameStop (GME) recently announced a 4-for-1 stock split, which buoyed its stock. The company also launched an NFT marketplace recently. However, given its bleak financials, will it be wise to invest in the stock now? Read on to find out….

Retail sales came in above expectations in June, indicating consumers’ resilience in the face of soaring inflation. Given robust consumer spending, we think fundamentally solid retail stocks Build-A-Bear Workshop (BBW), Ulta Beauty (ULTA), and Sally Beauty Holdings (SBH) could be worth buying now. Read on.

Retail sales have remained resilient amid inflationary pressures, underscoring Americans’ spending power and stable demand. So, we think the stocks of fundamentally sound specialty retail companies Ulta Beauty (ULTA), The ODP Corporation (ODP), and Live Ventures (LIVE) could be good additions to one’s portfolio now. These stocks have outperformed the…

Popular short squeeze candidate GameStop’s (GME) shares have been surging in price lately, boosted by Chairman Ryan Cohen’s share purchases and the company’s NFT marketplace launch plan. However, given the increasing regulatory scrutiny of the digital assets’ ecosystem, the success of GME’s plan remains uncertain. Furthermore, considering the company’s bleak…