Category: Retail News
Nordstrom misses Wall Street’s earnings expectations, as off-price chain Rack lifts sales
The department store operator Nordstrom stuck by its full-year forecast despite the miss. [...]
Gap shares pop 15% as earnings beat on sales growth at all four brands
Gap has been in the midst of a turnaround under CEO Richard Dickson, who has focused on better marketing and storytelling for the company's portfolio [...]
Ulta Beauty lowers guidance after first-quarter sales slowdown
Beauty has been a strong point for retailers as they face a consumer pullback in light of persistently higher costs. [...]
Best Buy surges on signs that the expected AI-driven PC and smartphone refresh is starting
We believe our primary investment thesis is intact, and therefore reiterate our buy-equivalent 1 rating and $95 price target. [...]
Foot Locker leaves our penalty box as CEO Mary Dillon’s revamp plan turns corner
We're upgrading our Foot Locker rating after Thursday's earnings beat and positive conference call. [...]
Expanding Product Variety: Strategies for Store Owners
Discover effective strategies for store owners to expand their product variety and attract more customers. Learn how to diversify your offerings and i [...]
Kohl’s stock plummets 20% after massive earnings miss
Kohl's shares plummeted more than 20% in early morning trading Thursday after the company posted weaker-than-expected earnings. [...]
Foot Locker stock surges 11% as turnaround shows signs of life
Foot Locker is making gains under CEO Mary Dillon, who has been working to win back brands and Wall Street's confidence with an ambitious turnaround p [...]
Best Buy posts another quarter of sluggish consumer electronics demand
Best Buy has noticed a pullback in purchases of discretionary items as consumers manage higher costs because of inflation. [...]
Nutritional needs are ‘shifting’ amid rise of weight loss drugs, says Nestle CEO
Consumers' nutritional needs are "shifting" amid the rise of weight loss drugs, which is an opportunity for food companies, Nestle CEO Mark Schneider [...]