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Nordstrom Inc

Off-price retail keeps taking market share. Why is TJX’s stock stuck?

by Merchant Moller
Off-price retail keeps taking market share. Why is TJX’s stock stuck?

Off-price is not going off-trend anytime soon. That might not be clear based on recent trading in TJX Companies’ stock. Club holding TJX Companies and rival Ross Stores are well-positioned …

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Top 10 fastest-growing retail brands in the U.S., according to Yelp

by Mark McDuffie
Top 10 fastest-growing retail brands in the U.S., according to Yelp

The new restaurant in your neighborhood may look familiar. Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last …

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Store credit cards deal department stores another revenue squeeze

by Mark McDuffie
Store credit cards deal department stores another revenue squeeze

A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York City.  Robert Nickelsberg | Getty Images Department stores like Macy’s …

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Target, Kohl’s, TJX could benefit

by Mark McDuffie
Target, Kohl’s, TJX could benefit

Macy’s hasn’t yet shut the approximately 150 stores it plans to close. But retail competitors already smell opportunity. In recent interviews with CNBC, Target CEO Brian Cornell and Kohl’s CEO …

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Nordstrom reportedly trying to go private

by Mark McDuffie
Nordstrom reportedly trying to go private

Shoppers exit the Nordstrom at the Westfield Topanga mall in Canoga Park, California, on Aug. 14, 2023. Christina House | Los Angeles Times | Getty Images Nordstrom shares jumped more …

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This stock market is ‘toppy’ — not bubbly — and there is a difference

by Merchant Moller
This stock market is ‘toppy’ — not bubbly — and there is a difference

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …

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Nordstrom (JWN) earnings Q4 2023

by Mark McDuffie
Nordstrom (JWN) earnings Q4 2023

Shoppers exit the Nordstrom at the Westfield Topanga mall in Los Angeles on Aug. 14, 2023. Christina House | Los Angeles Times | Getty Images Nordstrom’s holiday-quarter sales topped Wall …

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Macy’s CEO Tony Spring takes over for Jeff Gennette

by Mark McDuffie
Macy’s CEO Tony Spring takes over for Jeff Gennette

Tony Spring speaks at an event unveiling the Macy’s new women’s apparel brand, On 34th, in July. Spring is former CEO of Bloomingdale’s and begins as Macy’s CEO in February …

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Beyond Yoga names Athleta, Gap veteran Nancy Green CEO

by Mark McDuffie
Beyond Yoga names Athleta, Gap veteran Nancy Green CEO

Beyond Yoga Courtesy: Beyond Yoga Levi Strauss’ Beyond Yoga has tapped former Athleta CEO and longtime Gap veteran Nancy Green to be its next chief executive, as the company looks …

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Santa gets a behind-the-scenes boost from AI this holiday season

by Mark McDuffie
Santa gets a behind-the-scenes boost from AI this holiday season

Manonallard | E+ | Getty Images For many Americans, it’s the first holiday season when most of the family may know the term “artificial intelligence” if it comes up during …

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