By Reuters Published Nov 17, 2023 Macy’s crushed analysts’ estimates for quarterly profit on lower inventories and strong demand for beauty products, sending the department store operator’s shares surging as …
By Reuters Published Nov 16, 2023 Target on Wednesday forecast holiday-quarter profit largely above analyst expectations as supply chain costs finally eased and its efforts to control inventory started to pay off, …
By Bloomberg Published Nov 14, 2023 Value retailers are holding up against a broader spending pullback as persistent anxiety over the economy and a softening job market drive shoppers to …
Revolution Beauty seems to be bouncing back from its recent troubles with first-half FY24 revenue up 20% and a “strong improvement in EBITDA, up £14.3 million, due to higher sales …
By Reuters Published Nov 14, 2023 As the holiday shopping season approaches, major U.S. retailers from Walmart to Macy’s could be saddled with too much stock for a second straight …
With a mixed picture of consumer demand emerging over the past quarter, earnings results from Walmart and Target on Wednesday and Thursday respectively will shed light on what lies ahead …
By Reuters Published Nov 13, 2023 Walmart and Vans have settled a trademark lawsuit that accused the retail giant of ripping off the designs of Vans’ best-selling shoes, according to …
The gig economy has yielded record amounts of revenue and profit this year for companies such as DoorDash, Amazon and Walmart but not much has trickled down to workers, many …
By Bloomberg Published Nov 8, 2023 EBay Inc. issued a bleak revenue outlook for the busy holiday quarter, suggesting the company continues to struggle as it loses shoppers to larger …
By AFP Published Nov 4, 2023 Levi’s and H&M are among top global clothing brands to suffer production halts in Bangladesh, a garment union leader said Friday, after days of …