Ryan Cohen profited more than $58 million on Bed Bath & Beyond stock; shares fall again

cnbc.com/2022/08/18/stocks-making-the-biggest-moves-after-hours-bed-bath-beyond-applied-materials-and-more.html

Aug 18 22

Stocks making the biggest moves after hours: Bed Bath & Beyond, Applied Materials and more

0

5

CNBC

cnbc.com/2022/08/18/activist-investor-ryan-cohen-completes-planned-sale-of-bed-bath-beyond-stake.html

Aug 18 22

Activist investor Ryan Cohen completes planned sale of Bed Bath & Beyond stake, stock falls 30%

0

5

Yahoo Finance

finance.yahoo.com/news/bed-bath-beyond-stock-analyst-171036665.html

Aug 18 22

Bed Bath & Beyond's stock price warrants an 80% drop: Analyst: Bed Bath & Beyond's stock has gotten too big for its britches after a frenzied month of meme stock ...

0

Benzinga

benzinga.com/news/22/08/28556701/exclusive-strategist-says-meme-stock-hero-ryan-cohen-used-retail-investors-to-pump-his-extremely-und

Aug 18 22

EXCLUSIVE: Meme Stock Hero Ryan Cohen Used Retail Investors To Pump 'Extremely Underwater' Bed Bath & Bey

0

7

Benzinga

benzinga.com/general/biotech/22/08/28557044/exclusive-wasnt-that-aware-it-was-a-meme-100m-college-whiz-who-scored-as-bed-bath-and-beyond-sque

Aug 18 22

EXCLUSIVE: $100M College Whiz Who Scored As Bed Bath And Beyond Squeezed Says He 'Wasn't That Aware It Wa

0

MarketWatch

marketwatch.com/story/ryan-cohens-bed-bath-beyond-stock-sales-are-confirmed-shares-tank-again-11660855479

Aug 18 22

Ryan Cohen's Bed Bath & Beyond stock sales are confirmed, shares tank again: SEC filing shows investor fully exited his position in retailer on Tuesday and ...

0

12h

‘Blowout’ US retail sales shake bond and currency markets: Government debt sells off and dollar gains as latest sign of hot economy cools hopes of interest rate ...

ft.com/content/c2879370-192c-438b-ba01-7a99788f459a

68

16h

US retail sales beat expectations, boost first-quarter growth estimates: U.S. retail sales increased more than expected in March amid a surge in receipts at ...

reuters.com/markets/us/us-retail-sales-beat-expectations-march-2024-04-15/

36

4h

Dollar firms after hot retail sales, yen languishes; China data awaited

reut.rs/4aVZ5bH

39

6

businessinsider.com/china-economy-first-quarter-gdp-growth-but-pain-not-over-2024-4

2h

China GDP rises 5.3%, but it doesn't mean the economic pain is over: March retail sales and industrial output fell short of forecasts. First-quarter new home ...

62

Apr 12

Thailand's Central buys German luxury retail property KaDeWe

reuters.com/markets/deals/thailands-central-group-buys-kadewe-property-say-industry-sources-2024-04-12/

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25

5 0

The Sydney Morning Herald

smh.com.au/technology/we-got-it-wrong-is-the-feast-over-for-plant-based-meat-20240327-p5ffrx.html

Mar 30

‘We got it wrong’: Is the feast over for plant-based meat?: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero and its products are no ...

Quick Glance: Is the Feast Over for Plant-Based Meat?

Sunfed's valuation has been slashed to zero and its products are no longer available in supermarkets, raising concerns about the future of Australia's alternative meat sector.

Investors in the sector acknowledge overestimating consumer demand for alternative meat, leading to challenges for companies like Sunfed and V2food.

Despite the current struggles, the alternative meat sector is seen as potentially profitable and environmentally important due to the growing global population.

The road ahead for plant-based meat companies may be challenging, but the industry still holds promise in addressing the need to feed a growing population sustainably.

3.2k

Apr 12

Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again

cnbc.com/2024/04/12/nike-ceo-acknowledges-it-went-too-far-in-direct-push.html

Quick Glance: Nike CEO Acknowledges Shift from Direct Sales Focus

Nike CEO John Donahoe acknowledged that the company deviated too far from wholesale partners like Macy's and DSW in its pursuit of primarily selling products through its own stores and website.

Over recent years, Nike has actively worked on restructuring its business model. Initially focused on selling sneakers and clothing in department stores and specialty shops, the brand now generates the majority of its revenue through direct-to-consumer sales.

This transition enabled Nike to significantly increase revenue and enhance customer insights through data analysis. Donahoe stated that Nike has tripled its mobile and digital business in the past four years.

Some analysts view Nike's avoidance of wholesale partners as a misstep that hindered the company's progress in innovation and product development.

37

19h

Peter Waddell to 'take big fight with Freshstream to High Court': Peter Waddell, founder of Big Motoring World has vowed to take legal action against ...

motortrader.com/motor-trader-news/automotive-news/peter-waddell-take-big-fight-freshstream-high-court-15-04-2024

lebensmittelpraxis.de/zentrale-management/39883-supermarkt-des-jahres-2024-nominierte-in-der-kategorie-filialisten-bis-3-000-qm.html

0

2

Lebensmittelpraxis.de Apr 13

Supermarket of the Year 2024 - Nominees in the category chain stores up to 3,000 sqm

1

Apr 09

FTSE 100 Set to Resume Rise Closer to Record

bloomberg.com/news/live-blog/2024-04-09/ftse-100-what-s-moving-uk-markets-right-now-markets-today

3

The Wall Street Journal

wsj.com/business/retail/a-day-in-the-life-of-a-walmart-manager-who-makes-240-000-a-year-3248037f

12h

A Day in the Life of a Walmart Manager Who Makes $240,000 a Year: Nichole Hart walks 20,000 steps as she searches for super glue, encounters a disappointed Snoop ...

67

Apr 14

Fake meat can cause real health risks — experts call for caution amid plant-based craze

nypost.com/2024/04/12/lifestyle/plant-based-fake-meats-can-cause-real-health-risks-study/

98

Apr 14

Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18

qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907

6

Apr 10

Dollar Tree hiking prices as high as $7, but some Long Island customers say they'll stay loyal

newsday.com/business/dollar-tree-raising-prices-7-family-dollar-a634a4cx

45

129

businessinsider.com/how-to-claim-the-500-walmart-might-owe-you-2024-4

Apr 06

How to claim the $500 Walmart might owe you: Walmart resolved allegations of overcharging customers in a $45 million settlement that could mean payouts up to ...

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35

ekathimerini.com Apr 05

Disappointing Q1 for retail: Retail commerce turnover in the first quarter of 2024 was disappointing, according to traders’ estimates.

ekathimerini.com/economy/1235662/disappointing-q1-for-retail/

macrumors.com/2024/04/10/apple-store-new-jersey-union-filing/

5

3

Lebensmittelpraxis.de Apr 05

Event tip - Come to the Supermarket of the Year 2024 event! (2) - foodpractice.de

3

Apr 10

Apple Store Employees in New Jersey File to Unionize: Apple employees at the Apple Store in Short Hills, New Jersey have petitioned to unionize ...

9 similar articles

36

167

Khaleej Times Apr 08

As Eid approaches, beware of rise in cyberattacks - News | Khaleej Times: GCC witnesses major rise in attacks as experts advise on protection options

khaleejtimes.com/business/tech/as-eid-approaches-beware-of-rise-in-cyberattacks

38

Mar 29

Ex-Minnesota Gov. Jesse Ventura says he will sell cannabis edibles: Former Minnesota Gov. Jesse Ventura has announced he is entering the cannabis market as a ...

apnews.com/article/jesse-ventura-minnesota-cannabis-marijuana-edibles-19f23b681f71e8962a126854de7d7911

289

30

The Wall Street Journal

wsj.com/business/retail/amazon-to-remove-just-walk-out-checkout-technology-at-u-s-grocery-stores-10869555

Apr 02

Amazon to Remove ‘Just Walk Out’ Checkout Technology at U.S. Grocery Stores: The system uses cameras and sensors to charge customers after they leave stores.

150

Apr 08

Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18

qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907

seekingalpha.com/article/4681646-beyond-meat-stock-all-signs-point-to-contraction-maintain-sell

6

2 0

SeekingAlpha Apr 02

Beyond Meat: All Signs Point To Contraction: Beyond Meat faces challenges in FY24 as declining revenue and dwindling points of sale pose obstacles ...

1

Apr 05

99 Cents Only Stores to close all 371 spots in 'extremely difficult decision,' CEO says

usatoday.com/story/money/retail/2024/04/04/99-cents-only-stores-closing-all-locations/73212030007/

Quick Glance: 99 Cents Only to Close All 371 Stores and Cease Longstanding Business

After more than four decades, 99 Cents Only will close all 371 of its stores and cease its business operations.

The decision was made due to various challenges, including the COVID-19 pandemic, shifting consumer demand, inflationary pressures, and increasing levels of shrinkage.

The closure of 99 Cents Only reflects a broader weakness in the dollar-store category, with other major retailers also announcing store closures.

Established in 1982 in Los Angeles, 99 Cents Only was a trailblazer in single-price retail and faced pressure from rising wages and competition from larger chains.

79

Apr 06

On National Beer Day 2024, the US is drinking more Modelo than Bud Light as NA brews rise

usatoday.com/story/money/2024/04/06/national-beer-day-2024-history-facts-sales/73225409007/

83

Mar 29

S.Korea Feb factory output rises most in six months, retail sales drop: South Korea's factory production rose in February by the fastest pace in six months ...

reuters.com/markets/asia/skorea-feb-factory-output-rises-most-six-months-retail-sales-drop-2024-03-28/

22

Apr 08

The Best Mattress Toppers: After 300 hours sleeping on 17 models, we’ve chosen four memory-foam, latex, and fiber-filled mattress toppers ...

nytimes.com/wirecutter/reviews/best-mattress-toppers/

0

Apr 08

‘Our margins are threadbare’: UK’s craft beer scene says it’s on the brink: Small brewers are being squeezed, with a flurry of insolvencies hitting the sector ...

theguardian.com/business/2024/apr/08/uk-craft-beer-sector-financial-hurdles

62

Mar 28

Home Depot is buying a roofing company for $18 billion — its biggest deal ever: The retailer says its total addressable market is now about $1 trillion

qz.com/home-depot-is-buying-a-roofing-company-1851371426

12

Mar 28

Trump Gets Into the Meme-Stock Business: How the ex-president’s social-media platform became the new Bed Bath & Beyond

theatlantic.com/politics/archive/2024/03/trump-gets-meme-stock-business/677895/

Quick Glance: Trump's Truth Social Stock Surges Despite Company Losses

Shares of Donald Trump's social media platform Truth Social have seen a significant increase in their first days of trading.

Despite the company's lack of profit and meager quarterly revenue, it has been valued at over $8 billion.

Experts suggest that the stock surge is driven more by Trump's political supporters than financial fundamentals.

While the future of Truth Social remains uncertain in the competitive social media industry, it may serve as a platform for Trump's future media ventures.

53

Apr 11

Dollar stores are shutting down across America. They did this to themselves: These are tough times for two big US dollar store chains. In the past month ...

cnn.com/2024/04/11/business/family-dollar-99-cents-only-closing/

114

13h

Retail sales jumped 0.7% in March, much higher than expected: Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus ...

cnbc.com/2024/04/15/retail-sales-jumped-0point7percent-in-march-much-higher-than-expected.html

1 similar article

2

1

The Wall Street Journal

wsj.com/tech/personal-tech/is-the-139-amazon-prime-subscription-still-worth-it-83a597c7

Apr 13

Is the $139 Amazon Prime Subscription Still Worth It?: Over the past half decade, fees have crept up—while perks have gone away.

7

Mar 28

German retail sales fall unexpectedly in February: German retail sales unexpectedly fell in February, data showed on Thursday, quashing hopes that private ...

reuters.com/markets/europe/german-retail-sales-fall-unexpectedly-february-2024-03-28/

17

Mar 28

Shein’s fast fashion comes with fast-finance risks: For a sign of how the internet has changed the way consumers shop for clothes, consider the “Shein haul ...

reuters.com/breakingviews/sheins-fast-fashion-comes-with-fast-finance-risks-2024-03-28/

11

Mar 27

Pentagon integrates Motus Commercials to streamline operations: Pentagon Motor Group has taken on the LCV business of Motus Commercials, in order to strengthen ...

motortrader.com/motor-trader-news/automotive-news/pentagon-integrates-motus-commercials-streamline-operations-27-03-2024

lebensmittelpraxis.de/zentrale-management/39794-podcast-warum-kaesebedientheken-noch-lange-nicht-ausgedient-haben-mit-christian-pontow-von-beemster.html

0

1

Lebensmittelpraxis.de Apr 03

Podcast - Why cheese counters are far from obsolete - with Christian Pontow from Beemster

0

Apr 02

Stratstone opens sales unit for Genesis in Leeds: Stratstone has started sales operations of Genesis cars in Leeds. The move was flagged up earlier this year ...

motortrader.com/motor-trader-news/automotive-news/stratstone-opens-sales-unit-genesis-leeds-02-04-2024

0

Mar 28

Walgreens beat Wall Street's earnings expectations but warned of a 'challenging retail environment'

qz.com/walgreens-earnings-stock-profit-retail-1851371026

thedailystar.net/business/news/rmg-export-us-down-19-january-february-3583331

4 similar articles

3

0 0

thedailystar.net Apr 06

RMG export to US down 19% in January-February: Garment exports to the US declined 19.24% to $1.18 billion in January and February

28

Apr 09

Iceland's new Food Warehouse to give away loads of free food: The new Food Warehouse store will be opening on the retail park

kentlive.news/news/kent-news/icelands-new-food-warehouse-ashford-9215050

1

Apr 13

Comment on Galeria: Watch out, seller is coming: Attention, salesman coming: Thomas Middelhoff, Nicolas Berggruen, René Benko and now the new investors at ...

sueddeutsche.de/wirtschaft/galeria-einzelhandel-benko-1.6544781

0

54

businessinsider.com/mcski-sweden-ski-thru-mcdonalds-photos-2024-3

Mar 31

McDonald's only McSki restaurant with Ski-Thru in Sweden: photos: McDonald's has just one McSki, or Ski-Thru, located in one of Sweden's biggest ski resorts ...

The San Diego Union-Tribune

1

16

A-

Apr 11

10 places to find flavorful vegan tacos in San Diego County: From tofu and soy to jackfruit and Beyond Meat, these 10 places are dishing out some of the best ...

sandiegouniontribune.com/guides/story/2024-01-11/2024-vegan-tacos-guide-san-diego

0

Apr 11

NASDAQ title Beyond Meat share: Piper Sandler believes that Beyond Meat share price will fall by around 60%

finanzen.net/nachricht/aktien/potenzielle-herausforderung-piper-sandler-bleibt-pessimistisch-fuer-beyond-meat-aktie-kurssturz-voraus-13408892

womenshealthmag.com/food/a19914260/best-meat-substitutes/

0

Women's Health

C

Apr 09

12 Plant-Based Meat Substitutes You Need To Stock Up On, Per Registered Dietitians

0

Apr 05

2 million Black+Decker steamers were recalled because people were getting burned: Empower Brands had previously issued a recall for the same steamers in November ...

qz.com/black-decker-steamers-recall-burn-hazard-refund-1851390466

0

Apr 03

12 Plant-Based Meat Substitutes You Need To Stock Up On, Per Registered Dietitians

womenshealthmag.com/food/a19914260/best-meat-substitutes/

0

Mar 26

Two bidders in talks to buy German retail giant Galeria: The insolvency manager of German department store giant Galeria Karstadt Kaufhof said on Tuesday it will ...

reuters.com/markets/deals/two-bidders-talks-buy-german-retail-giant-galeria-2024-03-26/

Quick Glance: Survivors of Baltimore Bridge Collapse: Workers in Their Cars

Julio Cervantes survived bridge collapse, others missing or dead

Construction workers were in their cars when ship hit bridge

Two bodies found, four missing, presumed dead

President Biden promises bridge reconstruction

1264 similar articles

41

7

USA Today

usatoday.com/story/money/retail/2024/03/25/dollar-tree-7-dollars-price-increase/73099172007/

Mar 26

Dollar Tree to increase max price in stores to $7, reports higher income shoppers

547

Mar 26

Ocado Retail sales rise as sharper prices win more customers: British online supermarket Ocado Retail said a focus on sharper prices helped it win more customers ...

reuters.com/business/retail-consumer/ocado-retail-quarterly-sales-up-106-it-wins-more-customers-2024-03-26/

17

Mar 20

Nordstrom, Macy's deals could put private ownership back in vogue for US retailers

reuters.com/business/retail-consumer/nordstrom-macys-deals-could-put-private-ownership-back-vogue-us-retailers-2024-03-19/

Quick Glance: Nordstrom's Founding Family Seeks to Privatize US Retailer

The Nordstroms are considering taking the US retail company private.

Nordstrom has tasked investment banks to assess private equity firms' interest.

Nordstrom's stock price surged 12% on the news.

Investment firms are also pursuing the privatization of Macy's.

76

Mar 18

America's retailers are dealing with a tangled mess: A slew of quarterly earnings reports have highlighted too many stores, too much product ...

qz.com/target-walmart-best-buy-retail-inflation-stores-closing-1851340095

4

Mar 20

Shell is quadrupling the size of its EV charging network while getting rid of 1,000 retail locations

qz.com/shell-ev-charging-network-upgrade-1851349347

54

Mar 18

Best Buy and other retailers started 2024 by closing stores. They're not done, analysts say

qz.com/best-buy-macys-foot-locker-closing-stores-retail-1851340359

reuters.com/world/uk/uk-retail-sales-stagnated-february-ons-2024-03-22/

Quick Glance: Retailers Strategize Closures and Adaptations Amid Inventory Challenges

Retailers are facing the need to close physical stores due to excess inventory to ensure success. Analysts predict ongoing closures in various retail categories.

Best Buy, Macy's, and Foot Locker are among the retailers announcing store closures to realign their strategic focus. Best Buy shifts towards smaller stores, Macy's focuses on upscale locations, and Foot Locker reacts to profit setbacks.

Retailers are optimizing operations with fewer stores. Best Buy introduces smaller-format stores, Macy's emphasizes upscale locations, and Foot Locker responds to financial losses.

Retailers like Dollar Tree and Dollar General adjust strategies based on customer needs, tackling challenges such as labor shortages and theft. Adaptations are made to stay competitive in the evolving retail landscape.

3

Mar 22

UK retail sales show no change in February - ONS: British retail sales unexpectedly held steady in February after rising by a revised 3.6% January ...

19

Mar 21

440,500 Starbucks mugs recalled after a dozen people hurt: List of recalled mugs: The mugs were sold in the United States at Target, Walmart and military retail ...

usatoday.com/story/money/2024/03/21/starbucks-mugs-recalled/73051711007/

231

Mar 21

Walmart wants more wealthy shoppers: The retail giant is making renovations to its sales floors and its assortment of brands

qz.com/walmart-wealthy-shoppers-1851355757

25

Mar 14

Climbing Inflation: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.

bloomberg.com/news/newsletters/2024-03-14/climbing-inflation-the-bloomberg-close-americas-edition

10

Mar 14

Dollar General flags margin hit as consumers shift to essentials: Dollar General said on Thursday it expects its margins to come under pressure as shoppers ...

reuters.com/business/retail-consumer/dollar-general-projects-2024-profit-below-estimates-costs-pinch-2024-03-14/

Quick Glance: Dollar General Closes Briefly as Entire Staff Quits Over Overwork, Lack of Appreciation

A Dollar General store in Wisconsin was forced to briefly shut down after its entire workforce quit, citing seven-day workweeks and a “lack of appreciation.”

The store manager and six other employees left, leaving a sign on the door thanking customers and explaining the reasons for their departure.

Issues of food waste and donation policies were also raised by the former staff, highlighting discrepancies between company policies and actual practices.

Despite a three-hour closure, Dollar General swiftly addressed staffing issues and reopened the store, emphasizing a commitment to employee well-being and customer service.

43

Mar 18

China's upbeat industrial output, retail sales tempered by frail property: China's factory output and retail sales beat expectations in the January-February ...

reuters.com/markets/asia/china-jan-feb-industrial-output-retail-sales-beat-expectations-2024-03-18/

38

Mar 20

Cheerios maker General Mills tops quarterly estimates on higher product prices: General Mills topped market expectations for third-quarter sales and profit on ...

reuters.com/business/retail-consumer/general-mills-posts-smaller-than-expected-drop-quarterly-sales-2024-03-20/

17

Mar 20

South African rand flat ahead of inflation, retail sales data: South Africa's rand was flat early on Wednesday as investors awaited inflation and retail sales ...

reuters.com/markets/south-african-rand-flat-ahead-inflation-retail-sales-data-2024-03-20/

20

Mar 23

5 ways McDonald's, Walmart, and other retailers are getting creative to reach consumers

qz.com/mcdonalds-walmart-target-walgreens-cvs-ikea-retail-1851345727

11

Mar 25

Big brands could pivot easily if TikTok goes away. For many small businesses, it's another story

omaha.com/news/nation-world/business/tiktok-future-business-owners/article_fbaad095-c0c2-5256-ab64-aed3f5804bd4.html

7

Mar 08

Boots orders support staff back into office five days a week from September: Retail chain’s boss declares office a ‘much more fun and inspiring place’ with ...

theguardian.com/business/2024/mar/08/boots-orders-support-staff-back-into-office-five-days-a-week-from-september

2.5k

744

businessinsider.com/jeff-bezos-earth-fund-spend-60m-fake-meat-taste-better-2024-3

Mar 13

Jeff Bezos' Earth Fund is spending $60M to make fake meat taste better: Jeff Bezos' Earth Fund is dedicating $60 million to improving the taste, texture ...

364

Mar 18

China’s new retail and industrial data beat expectations — but signs still point to trouble ahead

qz.com/china-retail-industrial-data-economy-real-estate-1851343586

0

Richmond Times-Dispatch

richmond.com/news/nation-world/business/dollar-general-self-checkout/article_9003e0b2-0bb3-5716-848f-986ea9704f63.html

Mar 18

Dollar General is rolling back self-checkout in thousands of stores: Dollar General is the latest retailer to backtrack on self-checkout.

3 similar articles

10

CNBC

cnbc.com/2024/03/20/apple-ceo-tim-cook-visits-shanghai-amid-a-slowdown-in-china-iphone-sales.html

Mar 20

Apple CEO Tim Cook visits Shanghai amid a slowdown in China iPhone sales: Apple's Tim Cook is on a visit to Shanghai ahead of the opening of a new retail store ...

8

Mar 20

Marks & Spencer confirms closure of Doncaster city centre store with expanded outlet set to open

doncasterfreepress.co.uk/news/marks-spencer-confirms-closure-of-doncaster-city-centre-store-with-expanded-outlet-set-to-open-4562226

6

Mar 04

CVS and Walgreens will soon sell birth control pills over the counter: Pharmacy retail giants are about to start selling the contraceptive pill Opill

qz.com/opill-birth-control-walgreens-cvs-1851305208

44

Mar 06

Samara, Amazon-backed More Retail stake sale gets lukewarm response: Samara Capital: The joint venture was looking to raise funds at $2 bn valuation

business-standard.com/companies/news/samara-amazon-backed-more-retail-stake-sale-gets-lukewarm-response-124030600994_1.html

8

1

Lebensmittelpraxis.de Mar 21

Podcast - Successfully implementing self-checkout systems in food retail - with Patrick Kruschinski from Snabble

lebensmittelpraxis.de/zentrale-management/39686-podcast-selfcheckout-systeme-im-leh-erfolgreich-umsetzen-mit-patrick-kruschinski-von-snabble.html

reuters.com/business/retail-consumer/costco-stock-set-worst-day-near-two-years-quarterly-revenue-miss-2024-03-08/

0

Reuters

A

Mar 08

Costco stock set for worst day in near two years on quarterly revenue miss: Costco's shares were down over 7% on Friday and set for its worst day since May 2022 ...

146

Mar 12

'Madness': Trader Joe's mini tote bags reselling for up to $500 amid social media craze

usatoday.com/story/money/2024/03/11/trader-joes-mini-tote-bags/72930134007/

Quick Glance: 'Craze': Trader Joe's Mini Tote Bags Fetching Up to $500 Due to Social Media Frenzy

The viral Trader Joe's mini tote bags are being resold online for up to $500 due to social media hype causing the low-priced item's market value to soar.

The mini tote bag retails for $2.99 and is 'made of the same heavy-duty, 65% cotton/35% polyester blend' as Trader Joe's larger classic canvas bags.

Trader Joe's released a statement about their products being sold by third-party resellers.

Customers who missed out on getting a bag initially will have another opportunity as they return to stores in late summer.

175

Mar 13

Zara owner Inditex climbs to all-time high as 2023 sales jump 10%: Shares of Zara owner Inditex rose to an all-time high on Wednesday after the company announced ...

cnbc.com/2024/03/13/zara-owner-inditex-climbs-to-all-time-high-as-2023-sales-jump-10percent.html

20

Mar 12

Pat Kirk Nissan adds van centre to site: The Pat Kirk Nissan dealership in Omagh, County Tyrone, has added a van centre to its site. This addition is the ...

motortrader.com/motor-trader-news/automotive-news/pat-kirk-nissan-adds-van-centre-site-12-03-2024

0

USA Today