Category: Retail News
T-Mobile sued after employee stole nude images from customer phone during trade-in
T-Mobile has been sued again for failing to protect consumer data after an employee at one of its Washington stores stole nude images off of a custome [...]
We’re debating our next steps on Estee Lauder as the CEO struggles to turn things around
We're growing less optimistic about Estee Lauder CEO Fabrizio Freda's ability to right the ship. We're not alone. [...]
Black Friday came early this year, signaling worries about holiday demand
Both the depth of discounts and the total amount of items on sale were higher in October compared to the past four years. [...]
The ‘Apple of e-bikes’ targets profitability next year even as rivals enter bankruptcy
Adrien Roose, CEO and co-founder of e-bike firm Cowboy, told CNBC this week that he expects the company to reach profitability on a full-year basis i [...]
Tipping once rewarded good service. Now it determines how consumers are treated
With more opportunities to tip and predetermined point-of-sale options for each transaction, gratuity has become less about rewarding good service. [...]
Jim Cramer’s top 10 things to watch in the stock market Friday
Equities climb higher in premarket trading Friday, while Gap reports better-than-expected quarterly results. [...]
Cramer says the Fed’s efforts to squash inflation are now hurting stocks like Walmart
"Saying goodbye to inflation is sweet, but there's a little momentary sorrow, too," Cramer said. [...]
Gap blows past earnings estimates but offers muted holiday forecast against uncertain backdrop
Apparel retailer Gap is improving more than expected, but the parent company of Old Navy and Banana Republic still has work to do to turn things aroun [...]
Deflation could be coming this holiday season, Walmart CEO says
Prices have fallen, especially on general merchandise and on some key grocery items, said Walmart chief Doug McMillon. [...]
Mattel, hot off ‘Barbie’ success, hires ex-Fox, Sony exec to run TV studio
Mattel made a new hire to run its TV studio, the toy maker's latest move to double down on the strategy that led to the blowout success of "Barbie." [...]