Kohl's Corp
Levi Strauss cuts full-year sales forecast again, as inflation takes a toll
Levi’s 501 blue jeans on display. Sean Gallup | Getty Images Levi Strauss on Thursday cut its full-year sales forecast, as it missed Wall Street’s quarterly revenue expectations and was dragged down by weaker shopping trends at department stores and big-box retailers across the U.S. Shares fell more than 3% in extended trading. The company’s […]
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Walmart opens a pet center with veterinary care and grooming as it signals bigger ambitions
Walmart is piloting a pet services center in a suburb of Atlanta, but plans to open more locations in other parts of the country. Walmart Walmart is opening a dedicated pet services center, signaling it wants to be a place that customers turn to for veterinarian visits and dog grooming appointments along with grocery runs. […]
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Inventory futures are minor changed as traders seem in advance to future batch of company earnings: Stay updates
Traders function on the flooring of the New York Stock Exchange, July 12, 2023. Brendan Mcdermid | Reuters Stock futures are in close proximity to flat Tuesday evening as traders awaited on the newest crop of corporate earnings stories from effectively-identified names which include Nvidia. Dow Jones Industrial Regular futures additional 22 points, or .1%. […]
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Custom art, air purifiers and TikTok: College spending boom could booster retailers’ sales this fall
People walk on the campus of the University of North Carolina Chapel Hill on June 29, 2023 in Chapel Hill, North Carolina. Eros Hoagland | Getty Images Over the past few years, Alicia Browne has noticed a change in what college students haul out of cars on move-in days at the University of Alabama. Along […]
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The story of inflation, as told through your child’s backpack
Jamie Grill | Getty Images Back-to-school shopping hasn’t been easy this year for Lauren Cyr. The mother of three has searched for deals and spread out her shopping across multiple paychecks. Still, the 31-year-old sees higher price tags on everything from backpacks to paper — and the summer ritual is squeezing her family budget more […]
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Retailers tap into Barbie’s sparkle and hot pink as they try to get thrifty consumers to spend
Bloomingdale’s is just one of the retailers and brands trying to tap into Barbie buzz. It has a pop-up with exclusive Barbie-inspired apparel and accessories, along with a life-sized Barbie box where shoppers can strike a pose. Bloomingdale’s NEW YORK CITY — In the middle of Manhattan, shoppers can step inside of a life-sized Barbie […]
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Amazon touts ‘biggest ever’ Prime Day as U.S. on line product sales surge to $12.7 billion
Workers retrieve bins at an Amazon fulfillment middle on Prime Day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021. Rachel Jessen | Bloomberg | Getty Pictures On the internet expending in the U.S. climbed 6.1% to $12.7 billion for the duration of Amazon‘s Prime Working day marketing, in accordance to Adobe Analytics, as […]
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Amazon’s Primary Day off to a robust start, early facts reveals
Amazon employees type packages for delivery in New York on July 12, 2022. Michael M. Santiago | Getty Images News | Getty Visuals Amazon‘s Prime Day is off to a strong begin, lifting 3rd-occasion sellers’ and other retailers’ on the internet revenue, early data displays. On Tuesday, the to start with day of Amazon’s 48-hour […]
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Levi Strauss shares drop after retailer slashes guidance on weak wholesale revenue
Levi Strauss on Thursday drastically cut its profit outlook for the year after the apparel retailer reported a steep drop off in wholesale revenues and soft sales in the U.S., its largest market. The blue jean seller saw bright spots, however, in its direct-to-consumer sales and China market. Shares dropped more than 6% in extended […]
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Purchasing platform Shein poised to consider main U.S. current market share. UBS thinks these companies will be hurt most
Some big-title U.S. retailers could battle as Chinese e-commerce corporation Shein gains ground in the nation, UBS warned. Shein’s newest fundraising force place the business at a $66 billion valuation, according to a Wall Road Journal report. The Journal also documented that the Chinese rapidly-trend firm noticed $23 billion in earnings past 12 months with […]
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