Category: Retail News
These four trends are shaping the gun industry
The gun industry is finding its footing after a post-pandemic sales slump forced some of the largest manufacturers roll back production. [...]
The Investing Club’s top things to watch in the stock market Friday
Stocks edge up in premarket trading after coming under pressure Thursday, ahead of a key speech from Fed Chair Jerome Powell. [...]
Watches of Switzerland shares plunge by a quarter after Rolex buys retailer Bucherer
The Watches of Switzerland Group lost a quarter of its value on Friday after luxury watchmaker Rolex announced a deal to buy watch retailer Bucherer. [...]
Nordstrom tops Wall Street’s quarterly expectations, even as it braces for sales declines
The department store retailer stuck by its forecast for the full year, despite better-than-expected results. [...]
Gap reports another period of declining sales across all brands, warns of ‘uncertain consumer’
Gap reported mixed results on Thursday and underwhelming current-quarter guidance. [...]
Shein strikes deal with fast-fashion retailer Forever 21 that will expand reach of both brands
As part of the joint venture, Shein will acquire about a third of Forever 21's operator, Sparc Group. Sparc will also take a minority stake in Shein. [...]
Shares of this bargain retailer are tumbling. But Jim Cramer is optimistic on the stock
Dollar Tree's (DLTR) post-earnings slide may prove short-lived, CNBC's Jim Cramer said Thursday. [...]
Dollar Tree’s shares sink, as CEO says ‘challenging’ economy is pressuring discounter
Dollar Tree raised its sales outlook for the year but narrowed its earnings guidance. [...]
Subway sandwich chain sells itself to Dunkin’ owner Roark Capital
The Roark deal ends more than five decades of private family ownership for Subway. [...]
Foot Locker’s financial troubles are much worse than feared, leading us to reevaluate the stock
Foot Locker (FL) reports a terrible quarter and lowers guidance. The specialty retailer also pauses its dividend. [...]