By Reuters Published December 11, 2024 Macy’s on Wednesday cut its annual profit forecast, sending shares down 10% as weak demand at its nameplate stores and heavy discounts cloud its …
By Bloomberg Published December 9, 2024 Another activist investor is urging Macy’s Inc. to take drastic steps to boost its stock price. Barington Capital Group is calling on Macy’s to cut its capital …
By Reuters Published December 1, 2024 Black Friday spending in U.S. retail stores was muted this year in contrast to a more robust rise online, as bargain-hungry Americans skipped stores in …
By Reuters Published November 26, 2024 Kohl’s on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is struggling to draw in shoppers …
By Reuters Published November 26, 2024 Macy’s on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses over years, instead issuing …
By Bloomberg Published November 22, 2024 Sephora USA Inc. is looking to shoppers to understand the ways the US presidential election impacted their spending, in a survey sent to customers seen …
Translated by Nicola Mira Published November 7, 2024 US e-commerce giant Amazon has announced the launch in Europe of Rufus, a smart shopping assistant already deployed in the USA, that …
By Reuters Published October 22, 2024 Indian apparel firm Raymond Lifestyle will hire about 9,000 workers for hundreds of stores it plans to add in the next three years, Group …
WHP Global is bringing together two of its brands for the holiday season: Toys “R” Us and Bonobos. The brand management firm is creating a collection of adult and childrenswear …
Published October 15, 2024 U.S. department store retailer Bloomingdale’s will open its fourth Bloomie’s concept store on November 14, in New Jersey. Bloomingdale’s Located in The Grove Shopping Center in Shrewsbury, the …