Saks Global announces new CEO as it reportedly prepares for bankruptcy
A pedestrian passes in front of the Saks Fifth Avenue at Brookfield Place in New York.Allison Joyce | Bloomberg | ...
Tag: Macy's Inc
How Black Friday became a retail letdown: ‘To sustain the ride, they started to dilute it’
Black Friday early morning shoppers rush in as the doors are opened at a Walmart store in Fairfax, Virginia, Nov. ...
How retail accounting could distort profitability as tariffs take effect
As more tariffs take effect on goods imported into the U.S., a specific accounting method could have major implications for ...
Levi Strauss raises sales guidance, says it will absorb some tariff costs for now
Levi Strauss raised its full-year guidance Thursday and said it's working to absorb some of the costs it's facing from ...
Retailers avoided a worst case scenario in Vietnam. But executives say Trump’s trade deal could still hit consumers
The retail industry is breathing a sigh of relief after it appeared to avoid the worst case scenario on Vietnam ...
Lululemon shares tumble 20% as it cuts full-year earnings guidance, citing ‘dynamic macroenvironment’
Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."As ...
Here are the retailers raising prices as Trump tariffs take hold
A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on ...
Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
The New York Stock Exchange is seen during morning trading on July 31, 2024 in New York City. Michael M. Santiago ...
Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty on Thursday issued weak guidance for the year ahead as it navigates a series of internal missteps, rising ...
Why foreign retailers like Primark and Mango are expanding across the U.S.
ELMHURST, NY — One of the newest additions to Queens Center is a store that many local mallgoers may not ...
