Target Corp
The ‘internet’s favorite underwear’ goes mainstream: Gen Z brand Parade agrees to be bought
Privately owned Ariela & Associates International has agreed to buy Parade, the VC-backed intimates startup that created “the internet’s favorite underwear,” CNBC has learned. The deal brings Parade’s relevance, digital savviness and loyal customer base to Ariela, a Fruit of the Loom licensee that’s been a longtime player and manufacturer in the intimates space. In […]
Read More
S&P 500 futures are minimal transformed: Stay updates
Traders perform on the floor of the New York Stock Exchange (NYSE), July 26, 2023. Brendan McDermid | Reuters Futures tied to the S&P 500 had been very little altered on Tuesday early morning. Futures joined to the wide market place index added .14%, though Nasdaq-100 futures rose .26%. Futures tied to the Dow Jones […]
Read More
Four reasons why the consumer is so confusing — and what that may mean for retail earnings
Compilation of Target, Walmart, Lowe’s and Home Depot stores. Reuters High food prices. Low unemployment. And eye-popping spending on concert tickets and European trips. Retailers are chasing shoppers as they navigate contradictory dynamics like cooling inflation, rising interest rates and pandemic-induced jolts to the way people live, work and shop. That has made it tricky […]
Read More
Beware these corporations reporting following 7 days with downside earnings momentum
Subsequent 7 days could be a challenging one for some organizations slated to report earnings. A slew of shops are scheduled to put up their most current quarterly final results, such as Walmart and Goal. All those stories will give buyers clues on the well being of the U.S. purchaser, particularly as the economy attempts […]
Read More
Retailers are shaping a wave of laws to crack down on organized theft — here’s how they do it
This is the final part of a three-part series on organized retail crime. The stories examine the claims retailers make about how theft is impacting their business and the actions companies and policymakers are taking in response to the issue. Read the first story here and the second here. Pedestrians walk past a vacant storefront along the […]
Read More
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 […]
Read More
Retailers say organized theft is biting into profits, but internal issues may really be to blame
This is part two of a three-part series on organized retail crime. The stories will examine the claims retailers make about how theft is impacting their business and the actions companies and policymakers are taking in response to the issue. Read the first story here and stay tuned for part three. Plastic bags hang on […]
Read More
Companies say organized retail crime is on the rise, but there’s no data to prove it
This is part one of a three-part series on organized retail crime. The stories will examine the claims retailers make about how theft is affecting their business and the actions companies and policymakers are taking in response to the issue. Be sure to check out parts two and three later this week. Anti-theft locked merchandise […]
Read More
Target is rolling out Starbucks curbside pickup across the country as it looks for sales jolt
A worker delivers an order to a drive-up customer at a Target store in Miami, Florida, Aug. 19, 2020. Joe Raedle | Getty Images Target is looking to jolt sales by adding Starbucks drinks and food to its curbside pickup service at stores across the country. The big-box retailer on Wednesday said it will expand […]
Read More
No more freebies: Companies crack down on customer perks and rewards
Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting stingier with customer rewards. Airlines are making it harder to earn elite status. Retailers have tightened return windows and tacked on fees. Dunkin’ and Sephora are […]
Read More