Kohl's Corp
Target races to bring next-day delivery to customers farther from city centers
A Target logo is displayed on the screen of a smartphone. Sheldon Cooper | SOPA Images | Lightrocket | Getty Images Target has a new way to speed packages to customers who live in the farther-out suburbs and neighborhoods of major cities, as it tries to give its e-commerce business a jolt. The big-box retailer […]
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Starbucks union claims dozens of stores aren’t allowed to decorate for Pride
Marchers with Starbucks pass through the landmark intersection of Hollywood and Highland during the annual Pride Parade in Los Angeles, June 12, 2022. David Mcnew | Getty Images Starbucks Workers United said Tuesday that dozens of the coffee chain’s U.S. stores aren’t allowing employees to decorate for Pride month. Starbucks said in a statement to […]
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Boycotts hit stocks hard. Here’s what might be next for Bud, Target and others caught in the anti-Pride backlash
Pride Month merchandise is displayed at a Target store on May 31, 2023 in San Francisco, California. Justin Sullivan | Getty Images Even before Pride month was underway, it seems as if it was open season on companies celebrating the LGBTQ community. One by one, companies have come under an expanding attack. Anheuser-Busch, Target, Kohl’s […]
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Most Americans say companies should publicly support LGBTQ+ community, new GLAAD survey finds
10’000 Hours | DigitalVision | Getty Images A clear majority of Americans who don’t identify as LGBTQ+ believe companies should publicly support the community, according to a new survey from gay rights organization GLAAD. About 70% of more than 2,500 adults who don’t identify as lesbian, gay, bisexual, transgender, queer or an otherwise member of […]
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Nordstrom tops Wall Street’s first-quarter sales expectations, even as shoppers spend less
Shoppers walk into a Nordstrom department store on March 03, 2023 in Austin, Texas. Brandon Bell | Getty Images Nordstrom‘s fiscal first-quarter sales topped Wall Street’s expectations on Wednesday, even as the retailer reported a spending drop and predicted slower sales in the coming months. The higher-end department store also reiterated its outlook for the […]
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Not just shoplifting: Here’s why companies say retail theft is such a big deal
For several years, the terms shrink, retail crime and organized retail theft have echoed from the mouths of politicians, police officers, trade groups and the country’s most prominent retail executives. Politicians and police departments have sounded the alarm about rising retail theft, and are calling for stricter enforcement and prosecution to fight it. Trade groups […]
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American Eagle Outfitters shares plunge as retailer lowers forecast
A view of an American Eagle Outfitters store in Arlington, Virginia. Erin Scott | Reuters Shares of American Eagle Outfitters dropped Wednesday in after-hours trading, as the company lowered its full-year outlook. The company cut its forecast, even as it matched Wall Street’s quarterly earnings expectations and beat revenue expectations. The mall retailer said it […]
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Here’s why retailers are beating earnings estimates, even with lackluster revenue
Here is the major vital from suppliers this earnings season: Margins are keeping up and that’s driving earnings beats even amid additional tepid profits trends. As evident above the past few of weeks, buyer paying continues to be somewhat cautious overall. Customers are more thoroughly scrutinizing purchases of discretionary products. That is all led to […]
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Stocks making the biggest moves midday: Abercrombie & Fitch, Palo Alto Networks, Moderna and more
In this article PANW ANF URBN GLW A Follow your favorite stocksCREATE FREE ACCOUNT Customers exit an Abercrombie & Fitch store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Citigroup – Citigroup shares fell nearly 3%. The bank announced plans to spin […]
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Kohl’s shares spike as retailer reports a surprise profit
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s shares spiked early Wednesday as the struggling retailer posted a surprise profit while it chases a turnaround. Shares of the company jumped more than 17% in early trading. related investing news Kohl’s reiterated its […]
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