Category: Retail News
Target CEO defends pulling some LGBTQ merchandise from shelves after backlash
Target CEO Brian Cornell described aggressive behavior and serious safety threats that employees faced because of the company's Pride month collection [...]
Peloton shares plunge on wider-than-expected loss, tepid holiday forecast
Peloton has been working to boost its membership numbers through a series of partnerships and posted higher than expected revenue on Thursday. [...]
Starbucks beats on the top and bottom line as customers buy up pricier drinks
The company's same-store sales rose 8%, fueled by higher average checks and a 3% increase in customer traffic to its cafes. [...]
E.l.f. Beauty blows past Wall Street’s estimates, raises full-year guidance again
The cosmetics company, known for its viral TikTok marketing and middle-of-the-road pricing, saw sales jump 76% compared with the prior year. [...]
Spirit Halloween lives on, even when the holiday ends and stores close
Spirit Halloween locations may close after Halloween, but the business remains hard at work year-round. [...]
Cramer says investors selling Humana are creating an opportunity
The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET. [...]
Walmart is at work on a new degree-free message about getting hired at its corporate headquarters
Walmart's vision for the future of work includes corporate positions that don't require a college degree. It's rewriting job postings right now. [...]
Hanesbrands is shopping Champion — and WHP Global, Authentic Brands Group are both interested in buying
Hanesbrands is considering a sale of its Champion sportswear brand and WHP Global and Authentic Brands Group are both interested in buying it. [...]
Wayfair losses narrow but sales come in short of expectations as demand remains tepid
Online furniture retailer Wayfair has been working to restructure its business and has seen its losses narrow as it worked to aggressively cut costs. [...]