People talk outside a Wal-Mart Pickup-Grocery store in Bentonville, Arkansas. Rick Wilking | Reuters Walmart on Thursday raised its full-year forecast, as the discounter leaned on its low-price reputation to …
Target CEO Brian Cornell said “negative reaction” to the retailer’s Pride merchandise hurt sales and contributed to the disappointing quarterly results that the company reported Wednesday. But Cornell stood by …
Target on Wednesday missed quarterly sales expectations and slashed its full-year forecast, as it again had trouble convincing shoppers to buy more than necessities. The big-box retailer cut both its …
A T.J. Maxx store in Pasadena, California. Mario Anzuoni | Reuters Cash-strapped consumers may be pulling back on discretionary purchases at Target, but they’re spending big on name brands and …
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, July 20, 2023. Brendan McDermid | Reuters Stock futures are near flat Wednesday morning …
Privately owned Ariela & Associates International has agreed to buy Parade, the VC-backed intimates startup that created “the internet’s favorite underwear,” CNBC has learned. The deal brings Parade’s relevance, digital …
Traders work on the floor of the New York Stock Exchange (NYSE), July 26, 2023. Brendan McDermid | Reuters Futures tied to the S&P 500 were little changed on Tuesday …
People walk through a nearly empty shopping mall in Waterbury, Connecticut. Getty Images High food prices. Low unemployment. And eye-popping spending on concert tickets and European trips. Retailers are chasing …
This is part two of a three-part series on organized retail crime. The stories will examine the claims retailers make about how theft is impacting their business and the actions …
Next week could be a tough one for some companies slated to report earnings. A slew of retailers are scheduled to post their latest quarterly results, including Walmart and Target. …