Tag: Gap Inc
Retailers still opening stores despite recession fears
The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recessio [...]
Best Buy cuts sales forecast as inflation pressures shoppers
Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois.Scott Olson | Getty ImagesBest Buy on Wednesday cut its forecast for its fi [...]
Adidas cuts 2022 outlook on slower China recovery, potential global slowdown
Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop.Miguel Candela | SOPA Images | LightRocket via Getty ImagesAdi [...]
Walmart’s slashed profit outlook sends warning about state of the American consumer
Shares of retailers including Macy's, American Eagle and Amazon are falling Tuesday, a day after Walmart slashed its profit forecast and warned that s [...]
Walmart cuts profit guidance as inflation forces shoppers to spend more on food
Walmart on Monday cut its quarterly and full-year profit guidance, saying inflation is causing shoppers to spend more on necessities like food and les [...]
3 reasons why executives are leaving retailers from GameStop to Gap
Shoppers explore a mostly empty mall in Columbus, Ohio.Matthew Hatcher | Getty ImagesDon't expect the stream of departures from retailers' C-suites to [...]
Apparel prices remain high even as retailers try to clear inventory
A customer shops for shirts at an American Eagle Outfitters store in San Francisco.David Paul Morris | Bloomberg | Getty ImagesExcess inventory has ra [...]
Gap, Peloton, Boeing, American Airlines, Twitter and more
A Gap store in New York, August 2, 2020.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading.Gap — Shares of the apparel retail [...]
5 things to know before the stock market opens Tuesday, July 12
People walk by the NYSE in New York City.Spencer Platt | Getty Images News | Getty ImagesHere are the most important news items that investors need to [...]
Gap CEO Sonia Syngal is stepping down, effective immediately
Sonia Syngal, president and chief executive officer of Old Navy Inc., speaks during the Fortune's Most Powerful Women Summit in Washington, D.C., on T [...]
Walmart won’t hold rival event to Amazon Prime Day
Walmart Rollback pricing signs are displayed while customers shop during the grand opening of a new Wal-Mart Stores location in Torrance, California.P [...]
3 trends to watch as retailers prep for back-to-school, holiday shopping
Pedestrians view the holiday windows at a store in New York, on Thursday, Dec. 2, 2021.Christopher Occhicone | Bloomberg | Getty ImagesSummer vacation [...]
Why the retail industry is facing a bankruptcy wave
Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California.Justin Sullivan | Getty ImagesThe retail industry is up [...]
Walmart strategy to launch apparel, home brands is being put to the test
Scoop is one of Walmart's exclusive fashion brands. It has also struck deals with national brands like BCBG Paris.Melissa Repko | CNBCSPRINGDALE, Arka [...]
Simon Property CEO aims to create new sales event as inflation surges
David Simon, chairman and chief executive officer of Simon Property GroupPatrick T. Fallon | Bloomberg | Getty ImagesDavid Simon, the chief executive [...]