Alibaba’s key cloud unit sales shine even as quarterly revenues miss
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba posted ...
Tag: Retail industry
Affirm’s stock soars 15% on earnings, revenue beat
Affirm shares rose 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected ...
Best Buy reports modest sales recovery, but says tariffs are complicating its turnaround
Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak ...
Wealthy Americans are traveling to Europe to dodge tariffs on luxury goods
Visitors and salesmen stand at the booth of Swiss luxury watchmaker and jeweler Piaget, during the "Watches and Wonders Geneva" ...
Kohl’s shares jump 24% after big earnings beat
Kohl's shares climbed 24% on Wednesday after the retailer topped Wall Street's fiscal second-quarter earnings and revenue expectations, even as ...
Cracker Barrel responds to backlash over new logo and rebranding: ‘We could’ve done a better job’
The new Cracker Barrel logo is seen on a menu inside the restaurant on Aug. 21, 2025 in Pembroke Pines, ...
Higher tariffs are kicking in. Here’s what Walmart and other retailers said about their impact
Customer with shopping cart in the snack aisle of a Walmart store in Florida City, Florida, Aug. 5, 2025.JC Milhet ...
Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’
Walmart's former U.S. CEO Bill Simon thinks Thursday's stock drop is bizarre.The big-box retailer lifted its full-year sales and earnings ...
Hertz to sell used vehicles online through Amazon Autos partnership
Hertz sells hundreds of thousands of vehicles per year, in addition to running its signature car rental business.Courtesy of HertzHertz ...
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 ...
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