Foot Locker shares plunge more than 20% as retailer posts holiday loss, delays key financial target
Shares of Foot Locker fell more than 20% on Wednesday after the sneaker retailer reported a holiday-quarter loss, issued weak ...
Tag: Retail industry
Target launches paid membership program as it chases new revenue streams
A Target store in New York, US, on Monday, March 4, 2024. Shelby Knowles | Bloomberg | Getty ImagesTarget on Tuesday ...
Best Buy warns of layoffs as it issues soft full-year guidance
People walk past a Best Buy store in Manhattan, New York City, November 22, 2021.Andrew Kelly | ReutersBest Buy surpassed ...
Consumers are tired of inflation. But some retailers fear falling prices
A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high ...
Beyond Meat launches new, healthier version of burger in bid to bring back customers
Beyond Meat is launching a new version of its plant-based burger in grocery stores this spring, betting that an even ...
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 ...
What will retail look like in five years? Top industry executives share their predictions
Illustration by Christina LocopoRetail has seen unprecedented upheaval over the last several years.Some of the industry's key decision-makers expect even ...
Lawson shares surge 18% after Japan’s KDDI launches $3.4 billion privatization offer
A customer exits a Lawson Inc. convenience store in Tokyo, Japan, on Tuesday, Oct. 6, 2020.Bloomberg | Bloomberg | Getty ...
Shopping online at 2 a.m.? That’s a red flag for buy now, pay later lender Affirm
A young man holds a credit card and uses a laptop for online shopping.Diy13 | Istock | Getty ImagesAmericans shopping ...
Molson Coors looks to lock in market share gains as consumers shift away from Bud Light
Coors beer is displayed on a store shelf on February 13, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesBrewer ...
