Macy’s shares jumped 16% on Monday after investors Arkhouse Management and Brigade Capital sweetened their take-private bid over the weekend, valuing the U.S. department store operator at $6.58 billion. Reuters They raised …
In a regulatory filing with the United States Securities and Exchange Commission (SEC), GIC Private Ltd, a prominent fund manager headquartered in the Republic of Singapore, revealed on Thursday a …
Kohl’s announced on Wednesday that Wendy Arlin has joined its board of directors an independent director. Kohl’s Arlin brings to the U.S. retailer more than three decades of experience in …
U.S. fashion brand Lands’ End reported a net revenue decrease of 12.5% to $324.7 million for the third quarter, hit by double-digit declines in its global e-commerce segment and dips …
By Reuters Published Dec 7, 2023 Lululemon Athletica Inc on Thursday forecast fourth-quarter revenue and profit below expectations, signaling a bleak holiday season as customers turn thrifty and cut back …
U.S. fashion brand Lands’ End reported a net revenue decrease of 12.5% to $324.7 million for the third quarter, hit by double-digit declines in its global e-commerce segment and dips …
By Reuters Published Nov 22, 2023 U.S. retailers across apparel, electronics and home improvement are bracing for a challenging holiday season, a sign that higher discounts might not spark the …
By Reuters Published Nov 21, 2023 Kohl’s lowered the top end of its annual sales forecast and said it would be aggressive with promotions in the crucial holiday season as …
Kohl’s Corp. announced on Monday that Dave Alves, president and chief operating officer, has left the department store retailer less than a year into the role. Dave Alves – Courtesy …
By Reuters Published Nov 14, 2023 As the holiday shopping season approaches, major U.S. retailers from Walmart to Macy’s could be saddled with too much stock for a second straight …