Department stores face another squeeze. This time, with store credit card revenue
A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York ...
Tag: Macy's Inc
Canada Goose to cut 17% of its corporate workforce, following string of retail layoffs
Canada Goose parkas hang on display at a store in Richmond Hill, Ontario.Chris So | Toronto Star | Getty ImagesCanada ...
Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens
In a tony suburban enclave in the San Diego foothills, police say, an organized retail crime "queenpin" had built an ...
Companies — profitable or not — make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty ImagesCorporate America has a message for Wall Street: It's serious about cutting costs this ...
Macy’s to cut more than 2,300 jobs, about 3.5% of its workforce, and close five stores
Macy's on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations ...
Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts
Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered ...
Macy’s receives $5.8 billion buyout offer, sources say
People wait in line outside Macy's before opening on "Black Friday" in New York City on November 24, 2023. The ...
Ulta Beauty shares pop as sales climb 6%
Shares of Ulta Beauty rose in after-hours trading Thursday, as the company said its third-quarter sales rose while shoppers showed ...
Thanksgiving Day online sales jump as discounts motivate holiday shoppers
Anastasiia Krivenok | Moment | Getty ImagesOnline spending on Thanksgiving Day jumped 5.5% compared to a year ago, according to ...
Shrink and theft losses near $1 billion at Lowe’s — here’s how much they’re costing other retailers
A range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits.But ...
