Category: Retail News
Nordstrom earnings top expectations, retailer says it’s winding down Canada operations
Nordstrom has struggled with slower sales, more markdowns and pressure from activist investor Ryan Cohen. [...]
Jim Cramer’s Investing Club meeting Thursday: Oversold market, Salesforce, Costco
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Best Buy tops holiday-quarter expectations but warns of further sales declines in the coming year
Best Buy posted earnings and revenue that beat analyst's estimates for its holiday quarter. [...]
Macy’s shares surge after holiday-quarter profit tops expectations
Macy's delivered a bigger profit than expected during the holiday quarter. [...]
Peloton hires former Twitter executive Dalana Brand to be chief people officer
Dalana Brand, the former chief people and diversity officer at Twitter, has been tapped as Peloton's new chief people officer. [...]
Sen. Bernie Sanders calls vote on possible subpoena for Starbucks CEO Howard Schultz over allegations of union-busting
Starbucks CEO Howard Schultz previously declined to appear at the Senate hearing on allegations of union-busting. [...]
Kohl’s shares sink after big holiday-quarter losses
Kohl's sales for the holiday quarter came in well below Wall Street's expectations. [...]
This startup found success using A.I. to build beauty products. But can it keep making money?
Oddity, which created DTC beauty and wellness brands Il Makiage and Spoiled Child, says it's profitable. [...]
Lowe’s offers soft sales outlook as revenue misses expectations
Lowe's issued a conservative outlook for the next fiscal year as the home improvement sector faces pressure from a shift in consumer spending. [...]
‘Father of the cell phone’ says one day we’ll have devices embedded under our skin
Future generations will have devices "embedded under the skin of their ears," according to Marty Cooper, who is widely considered the father of the ce [...]