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Gabrielle Fonrouge
Numerous retailers increased interest rates on their store cards prior to the anticipated Fed rate reductions.
Business News
Gap Offers Guidance for Holiday Sales Following Storms and Warm Weather
Business News
Despite TJ Maxx parent's statement that holiday shopping is off to a "strong start," its guidance suggests a different story.
Business News
Capri and Tapestry abandon plans to merge due to regulatory obstacles.
Business News
Cosmetics retailer raises guidance after posting 40% sales gain, with e.l.f. leading the way.
Business News
Retailers prepare for potential backlash on DEI initiatives during election season and holiday shopping.
Business News
Peter Stern, the founder of Apple Fitness+, has been appointed as the next CEO of Peloton.
Business News
Peloton adjusts its full-year profit forecast, anticipating a weaker holiday quarter than previously predicted.
Business News
David Einhorn believes Peloton could be valued at five times its current worth.
Business News
Tapestry's acquisition of Michael Kors parent Capri is being blocked by Judge.
Business News
Top retailers during the holidays are chosen by consumers, with Nike and Kohl's leading the way.
Business News
The company, Abercrombie & Fitch, has stated that it will collaborate with law enforcement in response to the sex trafficking arrest of its former CEO.
Business News
Costco partners with Peloton to sell Bike+ as it aims to attract young, affluent customers.
Business News
Levi Strauss is considering selling its Dockers business and has reduced its guidance accordingly.
Business News
Wall Street anticipates Nike's earnings report, which will be released after the market closes.
Business News
A former Meta employee was rehired by the company despite being accused of stalking a co-worker for over a year, according to a lawsuit.
Technology
Foot Locker is making a comeback after its split with Nike.
Business News
Nike CEO John Donahoe has been replaced by company veteran Elliott Hill.
Business News
Prices at Shein and Temu may increase as Biden targets retailers with ties to China.
Business News
The 2024 VMAs will feature live shopping collaborations between retailers and media companies.
Business News
PE firm acquires Big Lots as it pledges to maintain 'extreme bargains'
Business News
Despite exceeding earnings estimates, Dick's Sporting Goods provides cautious guidance for the 2024 election.
Business News
Lululemon lowers sales forecasts following unsuccessful product release
Business News
Early earnings release halted Gap shares.
Business News
Nearly 60% growth in profits for American Eagle as expenses decrease
Business News
Despite an "increasingly uncertain environment," Abercrombie & Fitch reports a 21% sales increase and raises its outlook.
Business News
In six quarters, Foot Locker records its first instance of comparable sales growth.
Business News
Nordstrom's earnings exceed expectations, resulting in a 10% stock jump, but the retailer provides cautious future outlook.
Business News
Peloton to charge $95 activation fee for used equipment subscribers.
Business News
Peloton's turnaround plan leads to a 10% increase in share price and a decrease in losses.
Business News
TJX Companies increases full-year forecast and reports a 5.6% increase in sales for the previous quarter.
Business News
Temu is being sued by Shein for copyright infringement, with the allegation that the rival company loses money on every sale.
Business News
E.l.f Beauty experiences a 50% increase in sales due to the success of its color cosmetics and skincare products, as well as the launch of its Bronzing Drops serum.
Business News
Retailer's decision to reduce discounts and promotions leads to decline in Under Armour sales.
Business News
Kudos, a sustainable diaper brand, is challenging industry leaders with a successful Target rollout.
Business News
The Wayfair CEO describes the slowdown in the home goods market as similar to the 2008 financial crisis, stating that customers are still being cautious.
Business News
The court ruling may hold AT&T and other phone companies liable for stolen nude images.
Business News
Where does Peloton go now after staving off the cash crunch that threatened its business?
Business News
Wall Street criticizes Nike CEO John Donahoe for poor performance.
Business News
Nike announces potential job cuts as sales growth slows to a 14-year low.
Business News
Despite the denim craze, Levi's shares decline 12% due to disappointing sales.
Business News