Retail industry
Deckers Brands stock sinks more than 12% after soft outlook raises concerns about Hoka, Ugg growth
Hoka shoes are seen in a store in Krakow, Poland on February 1, 2023. Jakub Porzycki | Nurphoto | Getty Images Shares of footwear maker Deckers Brands plunged more than 12% Friday after the company trimmed its sales guidance for Hoka and Ugg — the two brands driving its growth — over concerns that tariffs are […]
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Taco Bell tries to woo younger customers with Live Más Café’s flashy beverages
IRVINE, Calif. — Taco Bell is going all in on beverages, starting with its Live Más Café concept. The Yum Brands chain unveiled the drink-focused store format last December, with the first location in Chula Vista, California. Ten months later came the second location, near the University of California, Irvine, campus. By the end of […]
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Jim Cramer’s top 10 things to watch in the stock market Friday
My top 10 things to watch Friday, Oct. 24 1. The long-awaited September consumer inflation report, delayed because of the ongoing government shutdown, came in slightly cooler than expected at an 3% annual rate. While still above the Fed’s 2% target rate, the stock market liked the number. Meanwhile, President Donald Trump said he has […]
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Procter & Gamble beats earnings estimates but warns of higher costs from tariffs
Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Procter & Gamble on Friday reported fiscal first-quarter earnings and revenue that beat analysts’ expectations, lifted by higher demand for its beauty and grooming products. However, the […]
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Target cuts 1,800 corporate jobs in its first major layoffs in a decade
A Target logo is displayed outside one of their stores on August 2, 2025 in San Diego, California. Kevin Carter | Getty Images Target said on Thursday it’s cutting 1,800 corporate jobs as the retailer tries to get back to growth after four years of roughly stagnant sales. It marks the first major round of […]
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Shares of Labubu maker Pop Mart dip despite staggering third-quarter U.S. sales growth
An exhibition room at Pop Mart’s theme park, Pop Land, in Beijing, on June 18, 2025. Pedro Pardo | Afp | Getty Images Shares of Chinese toymaker Pop Mart fell 9% Thursday, notching the stock’s worst day since April and extending its declines since a late-August peak. The company behind the popular Labubu dolls, a […]
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As many retailers shrink their footprints, Dick’s Sporting Goods goes big
As many retailers look for ways to shrink store counts and square footage, Dick’s Sporting Goods is going bigger. The retailer is building more sprawling “House of Sport” stores, which typically come in at 120,000 to 150,000 square feet, more than double the 50,000 for its traditional locations. The sporting goods company believes it’s working. […]
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Walmart pauses H-1B visas for job candidates as Trump hikes fees
A Walmart store is shown in Oceanside, California, on May 15, 2025. Mike Blake | Reuters Walmart is pausing the hiring of job candidates who need H-1B visas to work in the U.S., according to a person familiar with the decision, an example of the ways the Trump administration’s immigration policies are shaping corporate strategy. […]
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Here’s how much prices are rising across the fashion industry
People shop for clothing at a Costco store in Monterey Park, California on November 22, 2022. Frederic J. Brown | Afp | Getty Images Prices are rising across the fashion industry – with jackets and outerwear seeing the steepest year-over-year increases, according to a new report from consulting firm AlixPartners published Wednesday. The firm analyzed […]
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Consumers feeling ‘discount burnout’ ahead of Black Friday, Cyber Monday, survey finds
Visitors are caught in the reflection of a store offering 50% off on all items on the Third Street Promenade in Santa Monica on July 16, 2024. Genaro Molina | Los Angeles Times | Getty Images A steady stream of promotions across the fashion industry has left consumers suffering from “discount burnout” ahead of Black […]
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