Macy's Inc
Nordstrom leadership reclaims oversight of struggling Rack business as executives retire
Nordstrom Rack in downtown Seattle Getty Images Nordstrom on Monday announced it is streamlining leadership of its struggling Rack business with that of its full-line department stores, as two executives retire and company veterans reclaim oversight. Scott Meden, Nordstrom chief marketing officer, and Geevy S.K. Thomas, Rack president, will both be moving on, the department […]
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Rent the Runway could get a big bump from 2022 ‘wedding boom,’ Jefferies says
A rebound in social events like weddings would help the apparel retailer, which saw the pandemic dampen consumer demand for designer wear. Source
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Last week’s rally is a reminder to watch for bounces during market downturns, Jim Cramer says
The stock market’s recovery last week is proof that investors should always watch for bounce, even when all seems hopeless, CNBC’s Jim Cramer said Monday. “The most important lesson of last week is that you never want to get too negative, because once the market gets oversold, it doesn’t take much good news to create […]
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