Neiman Marcus Earnings Hit by Steep Discounts, Softer Demand
Neiman Marcus’s third-quarter earnings declined as the retailer was forced to offer more promotions to contend with weaker
2023-06-08 00:19
Inditex Earnings Gain on Zara’s Store-Efficiency Drive
Inditex SA’s first-quarter earnings beat analysts’ expectations, thanks to bigger stores that are encouraging shoppers to buy more
2023-06-07 14:50
UK Shoppers See More ‘Shrinkflation’ in Supermarket Aisles
British shoppers are becoming more aware of “shrinkflation,” as food producers cut packet sizes while charging the same
2023-06-06 17:57
Retailers battle for uncertain back-to-school demand after ‘volatile’ quarter
By Katherine Masters NEW YORK Stocking shelves with low-priced notebooks and slashing prices on sneakers and uniforms, major
2023-06-06 09:45
UK consumers slow spending in May as rising food costs bite
By Suban Abdulla LONDON British retail sales growth slowed to a seven-month low in May as soaring food
2023-06-06 07:22
Bed Bath & Beyond in talks to sell Buybuy Baby to Go Global Retail - WSJ
(Reuters) -Bed Bath & Beyond is in talks to sell its Buybuy Baby chain to retail investment firm Go Global
2023-06-06 06:24
Beverly Hills Voters Choose Lifestyle Over Luxury in Rejecting LVMH Hotel
Rodeo Drive’s storefront windows display the world’s most expensive labels: Gucci handbags, Prada slingback pumps, Chanel perfumes. It
2023-06-03 07:22
Advance Auto Parts Shares Are Set for Their Worst Week Ever
Advance Auto Parts Inc. had its worst weekly performance ever after a weak earnings report and an accounting
2023-06-03 04:24
Goldman Banker Who Had David Solomon Wear Lululemon to Win IPO Retires
Goldman Sachs Group Inc. banker Kathy Elsesser is exiting her senior perch at the Wall Street firm after
2023-06-03 01:52
Target Sheds $14 Billion in Value on Retail Uncertainty, LGBTQ Backlash
Target Corp. has erased almost $14 billion in market value since it reported earnings last month, and some
2023-06-02 23:53
Meta asks office workers to return to in-person work
Meta will ask employees who are assigned to an office to return for 3 days per week, joining Amazon, Apple, Disney and other major companies that have all revised their work-from-home policies this year.
2023-06-02 08:47
Lululemon Earnings Beat Estimates as Upscale Demand Holds Up
Lululemon Athletica Inc. jumped after posting better-than-expected profit and sales in the first quarter and projecting full-year results
2023-06-02 05:51