Macy's Inc

Macy’s shares surge after holiday-quarter profit tops expectations
Business

Macy’s shares surge after holiday-quarter profit tops expectations

People wait in line to enter Macy’s department store during Black Friday in New York City on November 25, 2022. Yuki Iwamura | AFP | Getty Images Macy’s shares surged Thursday, as the company said it drew holiday shoppers looking for gifts and held the line on promotions. But the department store operator said it […]

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Kohl’s posts surprising holiday-quarter loss, offers weak sales outlook
Business

Kohl’s posts surprising holiday-quarter loss, offers weak sales outlook

People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s on Wednesday posted a big, surprising loss and a sales decline of about 7% in the holiday quarter. Its latest results come as the retailer copes with […]

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Walmart and Home Depot are getting ready for a consumer slowdown
Business

Walmart and Home Depot are getting ready for a consumer slowdown

If you want to know how this year may be for the retail industry, look no further than Walmart‘s cautious outlook. The discounter easily topped expectations for the holiday quarter on Tuesday, but it gave a weaker-than-expected outlook for the year ahead. Home Depot issued similar guidance. The home improvement retailer, which also reported fourth-quarter […]

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Walmart easily beats expectations for holiday-quarter sales and earnings
Business

Walmart easily beats expectations for holiday-quarter sales and earnings

Customers exit a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 and $19 an hour.  Joe Raedle | Getty Images News | Getty Images Walmart on Tuesday topped holiday-quarter earnings expectations, as the […]

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Retailers could face cost cuts and slower sales this year
Business

Retailers could face cost cuts and slower sales this year

Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. Victor J. Blue | Bloomberg | Getty Images After benefitting from a pandemic-era shopping spree, retailers are preparing for a reality check. Walmart and Home Depot will kick off retail earnings season Tuesday by sharing holiday-quarter […]

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Fanatics to begin livestreamed procuring of trading playing cards, collectibles
Technology

Fanatics to begin livestreamed procuring of trading playing cards, collectibles

New York, NY. – December 7th. Portrait for a profile on Fanatics founder & CEO Michael Rubin at his business in downtown NYC. The Washington Article | Getty Visuals Fanatics is going into livestreamed buying around collectibles and investing cards, employing a previous Snap and Alphabet executive to start its new small business later on […]

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Shares producing the largest moves midday: Carvana, Colgate-Palmolive, Tesla and a lot more
Finance

Shares producing the largest moves midday: Carvana, Colgate-Palmolive, Tesla and a lot more

In this article MRNA AMD CVNA AMC M F GEHC TSLA CL Abide by your favorite stocksGenerate Free ACCOUNT Check out out the corporations producing headlines in midday trading Monday. Macy’s flagship retail store in Herald Sq. in New York, Dec. 23, 2021. Scott Mlyn | CNBC Colgate-Palmolive — Shares gained 2.8% just after Morgan […]

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Stocks making the biggest premarket moves: Colgate-Palmolive, Kohl’s, Boot Barn and more
Finance

Stocks making the biggest premarket moves: Colgate-Palmolive, Kohl’s, Boot Barn and more

In this article CL M KSS JWN TSLA CRM INTC COIN BOOT Follow your favorite stocksCREATE FREE ACCOUNT The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves in premarket trading: Colgate-Palmolive […]

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Shares earning the biggest moves premarket: Netflix, Alphabet, Nordstrom, PagerDuty and far more
Finance

Shares earning the biggest moves premarket: Netflix, Alphabet, Nordstrom, PagerDuty and far more

A indicator is posted in front of a Google place of work on April 26, 2022 in San Francisco, California. Google guardian company Alphabet will report initial quarter earnings right now following the closing bell. Justin Sullivan | Getty Images Information | Getty Images Test out the firms earning headlines in advance of the bell: […]

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Nordstrom shares sink after retailer posts weak holiday sales and slashes guidance
Business

Nordstrom shares sink after retailer posts weak holiday sales and slashes guidance

Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom fell Thursday, after the department store chain said it was hurt by weak sales and a lot of markdowns during the holiday season. The retailer said net sales dropped […]

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