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Walmart is selling a portable closet with hanging rods and shelves for $30
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Why we love this deal
Trying to find storage in a bedroom when you have little or no closet space is a struggle. A dresser can be beneficial, but it only provides storage for folded pieces and lacks the option to hang clothing, like a traditional closet. If you want to get as close to a closet feel as possible, a portable closet is a great option that provides both hanging storage and shelving in a bedroom and beyond.
Portable closets are lightweight and practical storage solutions, and they can be significantly more affordable than dressers, cabinets, or installing racks and shelving for an open closet system. The Youpins Portable Closet Storage Organizer is an option that’s on sale now for only $30 at Walmart. It typically costs $50, but with a limited-time Flash deal, you can get the organizer for 40% off.
Youpins Portable Closet Storage Organizer, $30 (was $50) at Walmart
Courtesy of Walmart
Shop at Walmart
Why do shoppers love it?
Not having a closet in a bedroom gives you a lot of storage limitations. Luckily, a portable closet, like this pick from Walmart, is designed to offer both hanging storage and shelving, even if you’re on a budget. The closet has a thoughtful design, covering most, if not all, of your storage needs. The upper portion of the closet features three hanging rods, where you can hang items like dresses, button-up shirts, coats, and more. Below the hanging rods are six shelves, which are perfect for folded clothing, from sweaters to jeans. There’s also space for storage bags for spare linens or storage baskets. On each side, there are also pockets where you can put small accessories, including belts, scarves, or socks.
Measuring 50 inches long by 18 inches wide by 67 inches high, the portable closet provides ample storage without taking up too much space. It’s constructed from steel tubes with strong plastic connectors, and it has a non-woven fabric cover with a zipper. The cover is designed to help protect your belongings, and it’s dustproof and waterproof.
Not only is it a great addition to bedrooms, but it can also be used in basements to store off-season clothing, decor, and more.
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Details to know
Dimensions: 50 inches long by 18 inches wide by 67 inches high.
Material: Non-woven fabric and steel tubes.
Storage: Six shelves, hanging storage, and pockets.
Walmart shoppers say this portable closet is “excellent,” as it looks good and is “very spacious,” especially for anyone who has little or no closet space. One reviewer said it’s “durable,” “easy to assemble,” and “holds up nicely,” adding that it’s “very sturdy and won’t sway.”
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The Youpins Portable Closet Storage Organizer is on sale for only $30 as a limited-time Walmart Flash deal. These types of discounts are a hot commodity, and since they only last through the end of the week, it’s best to add it to your cart while you can.
Cramer strongly recommends buying beaten-down 90s tech legend
A wireless carrier, once overlooked after losing the smartphone market to Apple, is now up more than 60% year to date, due to increasing demand for artificial intelligence infrastructure.
That rally caught Jim Cramer’s attention on the Sept. 16 episode of CNBC’s “Mad Money.” During the Lightning Round segment, a caller asked about it, and Cramer recommended buying it.
Nokia shares closed at $10.60 on Sept. 17, up about 62% year to date and more than 130% over the past 12 months. But the company also posted negative free cash flow of about $835 million during the second quarter, and the stock still trades far below its peak of around $29.
What Cramer likes about Nokia’s AI infrastructure setup
“I like Nokia very much. I’m glad you brought it to our attention. I think it’s a terrific situation, and I would be a buyer right here,” Cramer said on the show, according to CNBC.
His call was based on valuation and position. Nokia trades at approximately 22 times forward earnings, which is unusual in a market where AI-linked stocks usually see more than 30 times.
Cramer compared the stock with BWX Technologies (BWXT), a nuclear power supplier he passed on during the same episode because its “price-to-earnings multiple at 30 times is too high” for the current period of high interest rates.
Nokia has repositioned itself as one of the few Western vendors selling core equipment for AI data centers. Under CEO Justin Hotard, the company earns revenue by supplying optical networking gear, IP routers, and fiber infrastructure to hyperscalers such as Microsoft (MSFT) and Google (GOOGL). It also maintains its traditional business of selling wireless network equipment to phone carriers.
This strategy is finally paying off, as tech giants are building large data centers, which is creating record demand for Nokia’s high-speed optical networking gear.
Nokia is repositioning itself around AI networking under CEO Justin Hotard, and the market is finally paying attention.SOPA Images / Getty Images
The Microsoft partnership fueling Nokia’s rally
Cramer’s endorsement came one day before another piece of good news arrived. On Sept. 17, Nokia disclosed an expanded partnership with Microsoft that integrates its Nokia Data Suite with Microsoft Fabric, the software company’s unified analytics platform.
Telecom operators usually wait weeks to prepare network data for AI applications, and the joint solution promises to reduce that time window to minutes. Shares went up around 3.8% on the news, and the announcement builds on earlier work between the two firms in cloud and AI.
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“Telecom providers are ready to move AI from experimentation into everyday network operations, but that requires trusted data, strong governance and platforms that can scale,” Silvia Candiani, Microsoft’s corporate vice president for worldwide telco and media, said in a press release.
“By bringing together Nokia Data Suite and Microsoft Fabric, we are creating a faster path to turn complex network data into actionable intelligence,” she said.
The Q2 numbers behind Nokia’s stock surge
In the second quarter, Nokia’s revenue from artificial intelligence and cloud customers more than doubled year over year to approximately $509 million, according to Nokia‘s Q2 earnings release.
Order intake in that same category reached 2.8 billion euros, which is roughly $3.2 billion at current exchange rates, and management expects about half of it to convert to revenue over the next 12 months.
Comparable operating profit also rose 18% to 434 million euros, beating consensus estimates. But reported net income fell to just 5 million euros, while free cash flow dropped into a deficit of 732 million euros, or approximately $835 million.
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High restructuring costs caused most of this shortfall, as Nokia spent 445 million euros to streamline its European and Chinese operations. Total 2026 restructuring costs are now projected at approximately 800 million euros.
“Demand remains strong, while supply continues to be the main industry constraint, prompting our customers to place longer-term orders,” Hotard said in the earnings statement.
Hotard became CEO in April 2025 after running Intel’s data center division, and his mandate has been to reposition Nokia around AI infrastructure, data center networking, and 6G.
The Inverse Cramer risk and what NOK investors should watch
Retail traders on X (the former Twitter) and Reddit have built a following around the Inverse Cramer strategy, which bets against his high-conviction picks. According to 24/7 Wall St, that approach has returned 172% over three years, making some Nokia holders wary of the timing of his praise.
Historically, a “Mad Money” endorsement can push a stock up sharply in the following session before institutions use the rally to trim positions. Nokia’s more than 60% run this year already prices in a lot of good news, and the potential returns for a new investor are lower than they were six months ago.
Nokia investors should track three things from here: the pace at which the company converts its 2.8 billion euro AI order book into actual revenue, the timeline for free cash flow recovery once its restructuring work is finished in 2027, and how broadly telecom operators adopt the Microsoft Fabric platform.
If any of those three falls short, the stock’s current multiple could become hard to justify. Anyone chasing the recent momentum should think carefully about how much capital they put in based on Cramer’s endorsement alone.
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80-year-old off-price fashion chain closing 120 more stores
Pricing alone does not decide where people buy their clothes.
With a number of retail chains competing for the off-price, on-trend fashion crown, it’s easy for one brand to fall out of favor. Consumers seem to have an enduring love for Marshalls and TJ Maxx, while Ross Dress for Less has grown steadily in recent years.
These brands drive sales by foot traffic, and that’s a battle the aforementioned chains have been winning.
“Off-price apparel remained on solid footing in Q2 2026, with Ross leading the segment. Visits to Ross Dress for Less rose 16.4% year over year (YoY), while dd’s DISCOUNTS grew 8.4%. TJX’s T.J. Maxx and Marshalls, meanwhile, saw visits hover around last year’s levels – significantly outperforming traditional apparel, which declined 3.5% YoY,” according to data from Placer.ai.
In the battle for customers looking for deals on trendy, fashionable clothes, Cato has been struggling, and now plans to close around 15% of its retail stores.
Cato has lost sales
The Cato Corporation reported net income of $1.1 million in the second quarter, compared to net income of $6.8 million for the second quarter, which ended August 2, 2025.
Sales for the second quarter 2026 were $163.9 million, or a decrease of 6% from sales of $174.7 million for the second quarter ended August 2, 2025, primarily due to a 3.7% same-store sales decrease for the quarter compared to 2025.
The company blamed its customers for the drop.
“Our results in the quarter are in large part due to the continued pressure on our customers’ discretionary income, which is being negatively impacted in part by persistent inflation, higher fuel prices and continued elevated interest rates,” CEO John Cato said in the earnings release.
It’s a situation he does not see improving any time soon.
“We expect the negative pressure on our customers’ discretionary income to continue for the foreseeable future. We will continue to tightly manage our expenses and inventory as we anticipate the back half of 2026 to be challenging.”
The chain’s rivals, however, tell a different story.
Ross Dress for Less sales for the second quarter of fiscal 2026 increased 13% versus last year, with comparable store sales up 10%, primarily driven by customer traffic.
Marshalls and TJ Maxx, which are reported on jointly by TJX, reported a 1% same-store sales increase and a 3% jump in overall sales.
Cato plans more store closures
Cato has expanded its plan to close down underperforming stores. It’s adding 70 new closures to the list of locations that will close before the end of the company’s fourth quarter, bringing the total planned shutdowns to 120, according to a press release.
The chain, John Cato noted, looks at a third of its retail base every year to decide whether to exercise available lease options or negotiate an extension based on each store’s performance, including store sales trends and current and projected store profitability.
“In years past, marginal stores were renewed for an additional year to give the store more time to improve its sales trend and profitability,. In light of the current economic environment, especially with the negative pressure on our customers’ discretionary income, we do not expect these marginal stores to improve appreciably,” he said.
Ross stores have steadily changing merchandise.Shutterstock
Ross may have an edge over its rivals
Morningstar analysts believe Ross Dress for Less’ roughly 2,200 stores give it an advantage over smaller competitors such as Cato, which operates more than 800 stores before the planned closures.
“As the second-largest off-price retailer in the US with about 30% market share, we think Ross Stores’ unique inventory procurement method and scale positions the firm to comfortably expand its top line at a mid-single-digit pace while fending off competition from online channels in the future,” the analysts shared in a research note.
Size matters as does the relationship Ross has built with its suppliers.
“We suggest that Ross’ standing as a reliable sales outlet for product manufacturers and traditional (or full-price) retailers looking to discreetly liquidate excess inventory should provide the firm with a plethora of buying opportunities,” Morningstar added.
Cato is trying to sell affordable, on-trend women’s fashion. Ross and the TJX brands are playing the same value game, but with a much larger buying operation and access to merchandise from manufacturers and full-price retailers looking to clear excess inventory.
“As fashion evolves, one thing remains the same – our commitment to putting women’s confidence first. For 80 years, Cato has helped women look and feel their best with stylish, affordable fashion for every occasion,” the chain shared on its website.
Off-price has been growing
With many Americans struggling financially, it’s easy to see why off-price name brand clothing would appeal to more people. GlobalData Managing Director Neil Saunders, however, commented on TJX, Ross, and Burlington, which he called the three biggest players in the space, a year ago on his LinkedIn page.
“Since 2019, the three main chains all delivered US sales growth in excess of 30%. By contrast, the total market for the things they sell – mostly fashion and home – grew by just 21.7% over the 2019 to 2024 period. In other words, they’ve all expanded their market share,” he wrote.
He thinks that those three companies have steadily earned consumer trust.
“All of this is a testament to the skill of the off-price teams. Yes, things like value for money and bargain hunting are very much in their favor. But consistently delivering on these consumer requirements is far from easy. The effort, knowledge, and judgment involved are immense,” he added.
The closing Cato stores, the company shared, all have expiring leases, so the cost of rent for those locations will come off the retailer’s books by the end of 2026.
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