Category: Retail News
Bath and Body Works’ stock surges after it raises guidance, beats on earnings
Bath and Body Works saw year-over-year declines in sales and profits in its fiscal first quarter but its stock surged after it raised its guidance for [...]
How luxury giant LVHM built a recession-proof empire
LVMH has built a powerful portfolio of 75 brands. In 2023, it became the first European company to reach a $500 billion value. [...]
Walmart will report earnings before the bell. Here’s what to watch
The discounter's report comes after Home Depot and Target reported weaker sales trends. [...]
Discount retail operator TJX shows it can deliver profits in a slowing economy
Club holding TJX Companies' (TJX) weaker-than-expected sales for its fiscal 2024 first quarter were more than offset by strong expense management. [...]
Target expects organized retail crime-fueled losses to jump by $500 million this year
Other retailers such as Home Depot and Walmart have also spoken out about rising theft and blamed online marketplaces. [...]
Kraft Heinz unveils customizable sauce dispenser with more than 200 condiment combos for restaurants
Kraft Heinz hopes to learn what new sauces it should launch in grocery stores based on data from the digital condiment dispenser. [...]
CNBC Daily Open: Inflation weighed on consumer spending
Any positive momentum stocks had on Monday dissipated yesterday, as downbeat economic signs weighed on indexes. [...]
Target will report earnings before the bell. Here’s what to watch
The big-box retailer Target is at risk of slower sales as consumers spend less on discretionary merchandise. [...]
CNBC Daily Open: Consumer demand is flagging
Any positive momentum stocks had on Monday dissipated yesterday, as downbeat economic signs weighed on indexes. [...]
Activist firms call on Dollar General, Dollar Tree to improve worker safety, wages
Employees of dollar stores have long been plagued by workplace safety issues and wage concerns, prompting activist firms to ask the retailers to do be [...]