Category: Retail News
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 [...]
Expand Your Product Range – Secrets to Attract and Retain Customers
Discover the secrets to expanding your product range and successfully attracting and retaining customers. Enhance your business growth and profitabili [...]
McDonald’s exec says average menu item costs 40% more than in 2019
The president of McDonald's USA clarified its price inflation in a press release in response to 100% price increase claims by House Republicans, among [...]
American Eagle profit soars, but sales grow slower than expected
American Eagle has been working to boost its profits over the next three years and has drilled down on revamping its product assortment. [...]
Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue
Signs of a "K"-shaped economic recovery continue to emerge, with more well-off Americans able to sustain higher levels of spending than lower-income o [...]
As if! ‘Clueless’ star Alicia Silverstone avoids buying retail to limit environmental toll: ‘It needs to be used first’
Online shopping, and returning, exacts a hefty environmental toll. Sustainability advocate Alicia Silverstone avoids buying new if she can help it. [...]
Abercrombie & Fitch posts its strongest first quarter ever, as sales jump 22%
Abercrombie & Fitch is building on its blockbuster 2023 by growing Hollister and adding new categories to its namesake banner, such as the A&F [...]