Category: TheStreet

Ulta Beauty Is Only One Company That Proves Selfie-Taking Millennials Are Obsessed With Cosmetics

Struggling malls and big box stores are having no problem getting selfie-taking millennials through the doors to buy cheap lipstick and fancy eyeliner. After Thursday’s market close, Ulta Beauty reported fourth quarter revenue of $1.58 billion on earnings of $2.25 a share, trouncing Wall Street’s expectations for earnings of $2.08 to $2.13 a share on sales of $1.52 billion to $1.54 billion.

Go Inside Hershey’s Wildest Ideas on How You Will Shop for Food in the Future

Hershey is taking its 123-years’ experience making chocolate and other confectionery and using it to help turn around the slumping retail industry in large part because its M&M sales are dependent on it. “We’ve gotten to the point where grocery shopping is such a chore and now there’s all this pressure coming from e-commerce and you can really get your groceries anywhere, so now we have retailers saying ‘Hey, how are we going to compete in this new landscape?”, Lina Yang, director and futurist of strategic foresight at Hershey’s Advanced Technology Lab told TheStreet .

Walmart Takes Yet Another Step Toward Going Cashless in Its Stores

Executives at the world’s largest retailer revealed a new feature to its mobile app that will allow its pharmacy and money services customers to sidestep long lines, TheStreet learned at event attended on Monday. Whether it’s refilling a prescription or wiring money, the onerous tasks of filling out paperwork and checking prescriptions can all be done before stepping foot in the store.

Coty Says It Will Add First Woman Board Member by July

Fragrance and cosmetics company Coty will soon be adding a woman to its board of directors, reducing the number of S&P 500 companies without women in the boardroom to four. Fragrance and cosmetics company Coty said it will add a woman to its board of directors by July, reducing the number of S&P 500 companies without women in the boardroom to four.

Apple Watch May Have Some Nifty New Features Up Its Sleeve

Apple was awarded a patent on Tuesday to create a metal band that would allow users to replace links with sensors, speakers or even a thermometer. While soft iPhone sales continue to concern investors, Apple is hard at work on potential future updates for the Apple Watch, including “modular functional band links,” as well as updated software that will allow Siri to perform tasks within apps.

Jim Cramer: CSX Needs to do ‘Something,’ or Else

Investors seem to be all abroad the CSX train on Thursday, as shares of the railroad corporation were spiking over 19% this afternoon. Despite reporting weaker-than-expected earnings results after Wednesday’s bell, the stock jumped after news broke of the departure of Canadian Pacific CEO Hunter Harrison is stepping down.

Jim Cramer and Jack Mohr’s 2017 Market Outlook

The Dow failed to hit 20,000 on Friday, but what does the future hold? Well, Jim Cramer and TheStreet ‘s Chief Investment Strategist Jack Mohr, who co-manage our Action Alerts PLUS club, are out with their 2017 outlook. “I come in with the prospect of being bullish but don’t want to jump the gun,” Cramer said, adding that investors who own the stocks in the Action Alerts PLUS charitable trust shouldn’t sell any of them.

Too Few Stocks Doing Too Much: Jim Cramer’s Best Blog

Jim Cramer ponders how too few stocks are doing too much in the Dow’s race to 20,000 and how there isn’t enough GANG to go with all the FANG. Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what’s happening in the market and his legendary ahead-of-the-crowd ideas.