Amazon Prime Day 2024 sale runs July 16 and 17
An Amazon contract worker pulls a cart of packages for delivery in New York, US, on Monday, April 22, 2024. Angus Mordant | Bloomberg | Getty Images Amazon‘s Prime Day …
KOHLS CORP DRN
Kohl’s donation Trump Republican National Convention
A Kohl’s department store sign hangs outside the building on March 12, 2024 in Miami, Florida. Shares of Kohl’s fell as it posted a drop in same-store sales in the …
First quarter retail earnings don’t spell a consumer comeback
A Foot Locker, Inc. store. Courtesy of: Foot Locker, Inc. Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re …
Kohl’s (KSS) earnings Q1 2024
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s shares plummeted more than 25% Thursday after the company posted a surprise …
TJX and Ross won’t be slowing down anytime soon — here’s why
A T.J. Maxx store in Pasadena, California. Mario Anzuoni | Reuters Off-price retailers like TJX Companies and Ross are still posting sales gains and taking market share from rivals, but …
Department stores want younger shoppers
Signage of Macy’s, Kohl’s and Nordstrom retail stores. Getty Images Department stores are aging — and so are their customers. For more than a century, the stores won over multiple …
NRF rejects Shein membership as retailer pursues U.S. IPO
A sign hangs outside the Shein warehouse in Whitestown, Indiana, on Nov. 29, 2023. Scott Olson | Getty Images Chinese-founded fast fashion behemoth Shein isn’t just working to win over …
Store credit cards deal department stores another revenue squeeze
A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City. Robert Nickelsberg | Getty Images Department stores like Macy’s …
Shares of Levi Strauss surge 18% on Q1 2024 earnings
The Levi Strauss & Co. label is seen on clothes in a store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. Andrew Kelly …
Levi Strauss (LEVI) earnings Q1 2024
Levi Strauss, which has long relied on wholesalers like Macy’s and Kohl’s to drive its business, is now doing nearly half of its sales through its own website and stores, …