Category: Retail News
Clothing rental service Nuuly reaches profitability, beating rival Rent the Runway to the benchmark
Urban Outfitters' clothing rental service Nuuly has turned its first profit since its launch in 2019, rivaling the performance of competitor Rent the [...]
Black Friday deals aren’t as good as you think. Here’s how to snag even lower prices
Stores try to tempt you with Black Friday discounts, but these are not necessarily the best prices of the year, according to shopping experts. [...]
Shares of American Eagle plummet on unimpressive holiday forecast
American Eagle issued a holiday forecast that failed to impress Wall Street, following a string of retailers who've issued muted guidance for the seas [...]
Abercrombie & Fitch raises outlook after quarterly sales surge 20%
Abercrombie & Fitch, known for its "quiet luxury" assortment, blew past estimates again and raised its full-year guidance. [...]
Dick’s Sporting Goods shares jump after retailer hikes outlook as it bounces back from theft woes
Dick's Sporting Goods posted earnings and sales that beat Wall Street's estimates after its stock plummeted in the prior quarter over theft concerns. [...]
Best Buy cuts sales forecast, as holiday shoppers hunt for deals
Best Buy beat Wall Street's earnings expectations, but cut is full-year sales outlook as it prepares for cost-conscious holiday shoppers. [...]
Lowe’s cuts sales outlook as homeowners take on fewer projects; shares slide
Lowe's cut its full-year sales and earnings outlook as it said homeowners were taking on fewer do-it-yourself projects. [...]
Starbucks remains a big winner in China even if a domestic rival sells more coffee there
Starbucks losing its coffee crown in China does not diminish the opportunity the U.S. company has in the world's second-largest economy. [...]
Tiger Woods’ new golf league delays start of season by a year after venue collapse
TGL, the tech-driven indoor golf league led by Tiger Woods and Rory McIlroy delayed its start until 2025. [...]
Unlocking the Potential: Strategies for Store Owners in the Wholesale Market
Discover effective strategies for store owners in the wholesale market to unlock their full potential. Learn how to maximize profits and succeed in th [...]