Tag: Shopping
Macy’s (M) reports Q4 2021 earnings beat
People wear facemasks as they walk through Herald Square on January 8, 2021 in New York City.Angela Weiss | AFP | Getty ImagesMacy's on Tuesday report [...]
Liquidation services resell returned items, a $644 billion business
Inside Liquidity Services' 130,000-square-foot warehouse in Garland, Texas, the aisles aren't lined with typical merchandise. Instead, they're stacked [...]
Activist Macellum seeks to take control of Kohl’s board, nominates 10 directors
Customers leave a Kohl's store on November 12, 2015 in San Rafael, California.Justin Sullivan | Getty Images News | Getty ImagesActivist group Macellu [...]
Peloton CEO’s first all-hands meeting cut short as ex-staff crash it
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen.Rafael Henrique | LightRocket | Getty ImagesPeloton held [...]
Peloton CEO says company is taking ‘significant corrective actions’
John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company's initial public offering ( [...]
Peloton is about to tack on hundreds of dollars in fees to its Bike and treadmill, citing inflation
Peloton Interactive Inc. stationary bicycles sit on display at the company's showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019 [...]
Walmart is quietly preparing to enter the metaverse
A shopper carries a bag outside a Walmart store in San Leandro, California, on Thursday, May 13, 2021.David Paul Morris | Bloomberg | Getty ImagesWalm [...]
Retailers see staffing challenges as omicron rages, sales taking a hit
A "now hiring" sign is posted on an Urban Outfitters store in San Francisco.David Paul Morris | Bloomberg | Getty ImagesRetail executives presentin [...]
Lululemon says sees fourth-quarter earnings, sales hurt due to omicron
Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021.David Paul Morris | Bloomb [...]
Bed Bath & Beyond is closing more stores in 2022 here’s where they are
A shopper walks past a Bed Bath & Beyond Inc. storeAndrew Harrer | Bloomberg | Getty ImagesBed Bath & Beyond continues to shut underperform [...]
A map of where the stores are
Macy's has released a list of the handful of department stores that it plans to close this year.It includes six full-line department stores, a Bloo [...]
Guggenheim names Nike its best idea in 2022, citing metaverse play
A customer shops at the Nike store on December 21, 2021 in Miami Beach, Florida.Joe Raedle | Getty ImagesGuggenheim on Monday named Nike its "best [...]
Holiday shopping fuels the return of credit card debt
Holiday shopping returned with a vengeance this year. But going into debt is one gift you can't return.After Americans paid off a record $83 billio [...]
Why retail store closures are slowing down after a Covid shakeout
A Dollar General store in Creve Coeur, Illinois.Daniel Acker | Bloomberg | Getty ImagesWayfair sees a chance to make a pivotal move.The furniture a [...]
Nordstrom hires AlixPartners to review potential Rack spinoff, report says
Nordstrom Rack in downtown SeattleGetty ImagesNordstrom has tapped the consulting group AlixPartners to help it review a potential spinoff of its o [...]