Tag: Shopping
What Walmart, Target, Home Depot and Lowe’s tell us about the economy
How well is the American consumer holding up against sky-high inflation? It depends on whom you ask.Four major retailers — Walmart, Target, Home Depot [...]
Kohl’s shareholders vote to keep directors despite activist pressure
The Kohl's logo is displayed on the exterior of a Kohl's store on January 24, 2022 in San Rafael, California.Justin Sullivan | Getty ImagesKohl's shar [...]
Peloton took $182 million impairment charge last quarter as inventories piled up
A Peloton stationary bike for sale at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzman | Bloomberg | Ge [...]
Surprised by how deep some issues ran at the company
Barry McCarthy, chief financial officer at Spotify, attend annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho.Drew A [...]
Peloton shares hit all-time low as pressure mounts ahead of earnings
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen.Rafael Henrique | LightRocket | Getty ImagesPeloton Inte [...]
Wedding costs surge as pent-up demand, inflation force couples to cut back
Nicole Brandfon and her fiance Adam Alonso are planning a wedding in Colombia, rather than Miami, because it was more affordable.Source: Nicole Brandf [...]
Under Armour (UAA) reports sales below Wall Street estimates
Under Armour sees a tough year ahead, roiled by global supply chain challenges and another round of Covid lockdowns in China that are putting a dent i [...]
E-commerce stocks plummet as consumers pull back online spending
The Etsy websiteGabby Jones | Bloomberg | Getty ImagesShoppers are eager to head back to brick-and-mortar stores, while inflation is stoking fears tha [...]
Victoria’s Secret takes beauty business to Amazon in wholesale test
Beginning Friday, shoppers will find an assortment of roughly 120 Victoria's Secret beauty items, including lotions and fragrances, on Amazon.Source: [...]
American Eagle pitches internal supply chain platform to retail rivals
Shekar Natarajan is chief supply chain officer of American Eagle Outfitters. He joined the retailer in 2018.Source: Julie Stapen PhotographyAmerican E [...]
Lululemon monthly memberships for clothes, events and classes
Lululemon Athletica store exterior, Ponce City Market.John Greim | LightRocket | Getty ImagesLululemon is launching a membership program — and it's ab [...]
Peloton raises subscription fees, cuts prices for Bikes, Treads
A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzma [...]
Peloton activist Blackwells takes aim at new CEO, pushes for sale
A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida.Joe Raedle | Getty ImagesActivist Blackwells Capital is reiterating i [...]
Lululemon trade-in, resell program to launch this month
Lululemon will debut a trade-in and resale option for its gently used leggings, tops and jackets later this month following a successful pilot program [...]
Teens spend on Nike and Lululemon despite concerns about U.S. economy
Athletic apparel sits on display inside a Lululemon Athletica store.Xaume Olleros | Bloomberg | Getty ImagesTeens are spending more and shifting their [...]