By AFP-Relaxnews Published November 26, 2024 US shoppers are coming out in force this holiday season, but the festiveness is being tempered by inflationary pressures that have abated but not …
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 Heading into holidays some expect to disappoint, Wall Street investors like Goldman Sachs are using new ways to monitor shoppers’ actions and intentions to …
By Reuters Published November 26, 2024 Kohl’s CEO Tom Kingsbury will step down after less than two years at the helm, paving the way for former Walmart executive Ashley Buchanan …
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 …
Published November 25, 2024 E-commerce major Flipkart has appointed Dan Bartlett, executive vice president of corporate affairs at Walmart Inc to its board of directors effective November 21, 2024. Flipkart …
By Reuters Published November 24, 2024 The head of Walmart’s $55-billion health and wellness division, who oversaw the company’s failed push into clinics, is leaving after less than two years …
Published November 24, 2024 Plus-size retailer Destination XL said sales for the third quarter fell 9.8 percent to $107.5 million, on the back of a double-digit comparable sales declines for …
By Reuters Published November 20, 2024 Retailers are in for a mixed holiday season this year ahead of Black Friday and Christmas, marked by watchful consumers keeping big spending on …
By Reuters Published November 19, 2024 Walmart on Tuesday raised its annual sales and profit forecast for the third consecutive time, as people bought more groceries and merchandise, a sign …