ThredUp should benefit from increased interest in discount shopping, according to Jefferies.
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Buy this online thrift store as secondhand clothing market heats up, Jefferies says
Business
Delta CEO sees record earnings in reach again thanks to high-end travel demand
A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Delta Air Lines‘ earnings could jump more than 20% this year from 2025 thanks to robust travel demand, particularly at the high end of the market, and potentially reach a record, CEO Ed Bastian said. Delta on Tuesday forecast adjusted earnings per […]
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Discount grocer Aldi plans to open more than 180 stores in U.S. this year as customers across incomes seek value
As Americans across incomes look to trim the grocery budget, Aldi plans to open more than 180 stores in the U.S. this year — including on the traditional turf of rival supermarkets and big-box stores. The German grocer’s latest growth plans follow an already aggressive expansion over the past decade. Aldi, which is known for […]
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Business
Abercrombie & Fitch shares plunge 17% as retailer cuts its holiday guidance
Some retailers provided early holiday results on Monday that showed the crucial shopping season was solid, but didn’t blow away expectations. Lululemon, which is preparing for a new CEO and staring down a proxy battle with its founder, said in a release it expects its holiday quarter to be “toward the high end” of its […]
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