Tag: Retail industry
Levi Strauss (LEVI) earnings Q1 2024
Levi Strauss, which has long relied on wholesalers like Macy's and Kohl's to drive its business, is now doing nearly half of its sales through its own [...]
Ulta shares fall as CEO warns beauty demand is slowing
People walk past an Ulta Beauty store in the Manhattan borough of New York City, New York, U.S., March 8, 2022. Carlo Allegri | ReutersUlta Beauty sha [...]
Iowa-LSU game was biggest betting event for women’s sports
Caitlin Clark, #22 of the Iowa Hawkeyes, celebrates after beating the Lousiana State University Tigers 94-87 in the Elite Eight round of the NCAA Wome [...]
Other business may raise pay
An employee hands an order to a customer through a drive-thru window at a McDonald's restaurant in Oakland, California, April 9, 2020.David Paul Morri [...]
Target, Kohl’s, TJX could benefit
Signs are posted at the entrance to a Macy's store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Macy's annou [...]
Home Depot acquiring SRS Distribution for $18.25 billion to grow pro sales
Home Depot on Thursday said it is acquiring SRS Distribution in a $18.25 billion deal, the latest and largest sign of its ambitions to drive sales by [...]
BJ’s Wholesale, Costco and Sam’s rival, will open clubs in Southeast
A BJ's Wholesale Club is shown in Falls Church, Virginia, May 23, 2023.Win Mcnamee | Getty ImagesBJ's Wholesale Club said Wednesday that it will open [...]
Largest U.S. sportsbooks join forces to tackle problem gambling
Seven of the nation's largest gaming companies are joining forces to create a trade group to promote responsible gaming, and for the first time ever, [...]
Canada Goose to cut 17% of its corporate workforce
Canada Goose parkas hang on display at a store in Richmond Hill, Ontario.Chris So | Toronto Star | Getty ImagesCanada Goose said Tuesday that it will [...]
McDonald’s to sell Krispy Kreme doughnuts nationwide by end of 2026
McDonald's is planning to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026, the chains announced Tuesday.The rollout will [...]
Target doubles bonuses for salaried employees as profits recover
A Target store in New York, US, on Monday, March 4, 2024. Shelby Knowles | Bloomberg | Getty ImagesTarget will double its bonus payments to salaried e [...]
Nike (NKE) earnings Q3 2024
Nike's China sales continued to slow during its holiday quarter, but the retailer beat estimates on the top and bottom line, helped by better than exp [...]
Lululemon (LULU) earnings Q4 2023
Lululemon on Thursday reported holiday earnings that topped expectations, but the athletic apparel retailer's guidance came in below estimates as its [...]
Darden Restaurants (DRI) Q3 2024 earnings
A Ruth's Steak House restaurant on May 03, 2023 in Miami, Florida. Darden Restaurants said Wednesday it is buying Ruth’s Hospitality Group, the parent [...]
Sotheby’s holds sports auctions with Jordan, Ali, Kobe items
MJ 1996 Air Jordans.Photo: Amanda BassSotheby's is increasing its sports offerings, as the auction house looks to capitalize on the growing demand for [...]