- Yahoo Finance Video
Shrinkflation, shoplifting, and self-checkout
Target (TGT), Macy's (M), Best Buy (BBY), were hit hard by 'rampant shoplifting' and shrinkflation, according to investor and market commentator, Jeff Macke. He joined Yahoo Finance Executive Editor Brian Sozzi on Opening Bid to discuss the difficulties and errors retailer made over recent years; specifically, self-checkout. 'Self-check was just one of the great debacle in retail history. The idea that, that people can just be trusted to check themselves out of stores. Geez,' he added. For full episodes of Opening Bid, watch on our website or listen on your favorite podcast platform.
- Yahoo Finance Video
What a Biden-Trump rematch means for the largest retail stocks
If there has been any constant down the aisles of supermarkets and on the racks at clothing stores, it’s inflation. While inflation has started to cool down, the reality is that prices continue to be high — and that remains a key issue for consumers. Some retailers have fared well against this backdrop, namely Walmart (WMT). Others like Macy’s (M) and Best Buy (BBY) have struggled as households cut back on non-essential items. The issue of inflation will take center stage with voters in the November presidential election and could weigh on retailers until the race for the White House is over. So what’s the best retail investment strategy during this political news storm? Yahoo Finance Executive Editor Brian Sozzi discusses it all with investor, retail expert, author and partner at Wall Street Beats, Jeff Macke.
- Zacks
Best Value Stocks to Buy for June 14th
M, HHS and FFBC made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 14, 2024.
