Target Corp
Ulta Beauty shares pop as sales climb 6%
Shares of Ulta Beauty rose in after-hours trading Thursday, as the company said its third-quarter sales rose while shoppers showed once again they’re willing to spend on fragrances, skin care and more even when the budget is tight. The specialty beauty retailer raised the bottom end of its range for full-year sales and earnings expectations. […]
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How major retailers and Covid-era nostalgia helped revive the vinyl records industry
A stack of freshly pressed gold vinyl records at United Record Pressing. CNBC This story is part of CNBC’s new quarterly Cities of Success series, which explores cities that have been transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and workers. Once considered a dying industry, the vinyl record business […]
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More than 500 companies had perfect scores on top advocacy group’s LGBTQ+ index
Attendees hold large Pride flag at the 2023 LA Pride Parade on June 11, 2023 in Hollywood, California. (Photo by Rodin Eckenroth/Getty Images) Rodin Eckenroth | Getty Images In a year stained by boycotts, protests and heightened consumer choice, hundreds of companies came through for LGBTQ+ equality, according to a leading advocacy group. The Human […]
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Black Friday shoppers used a report $9.8 billion in U.S. online revenue, up 7.5% from very last calendar year
Black Friday customers select out apparel in a Lacoste retail outlet as shops contend to entice shoppers and try out to preserve margins on Black Friday, 1 of the busiest shopping days of the yr, at Woodbury Widespread High quality Shops in Central Valley, New York, U.S. November 24, 2023. Vincent Alban | Reuters Black […]
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Thanksgiving Day online sales jump as discounts motivate holiday shoppers
Ordering gifts online, paying by credit card. Concept online shopping, buying Christmas and New Year’s presents. Black credit card, computer and christmas presents on blue sofa with festive decorations at home. Christmas and black friday shopping. Anastasiia Krivenok | Moment | Getty Images Online spending on Thanksgiving Day jumped 5.5% compared to a year ago, […]
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With Black Friday deals and flashy displays, retailers try to convince reluctant shoppers to spend
Target hosted a free “Winter Wonderland” event in New York City to show off the holiday season’s hottest toys. It’s an example of the extra effort that retailers are putting in to motivate shoppers. Melissa Repko | CNBC NEW YORK CITY — On a recent weekend in downtown Manhattan, a long line of families with […]
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Bad news for Black Friday: Retailers cast doubt on holiday shopping with cautious guidance
A person walks past a sales advertisement at Saks Off 5th Department Store ahead of the Thanksgiving holiday sales in Washington, DC, November 21, 2023. Saul Loeb | AFP | Getty Images There’s a dark cloud hanging over Black Friday. A slew of retailers have issued tepid, cautious or downright disappointing fourth-quarter outlooks over the […]
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This key aspect of ESG investing could drive actual adjust at corporations and raise returns
A pedestrian passes a Wall Avenue subway station near the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Money professionals betting on a sustained world-wide rebound will be left sorely upset in the next 50 % of this crushing yr as a protracted bear market looms, even if inflation […]
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Black Friday came early this year, signaling worries about holiday demand
Barbie dolls (R) are displayed for sale ahead of Black Friday at a Walmart Supercenter on November 14, 2023 in Burbank, California. Mario Tama | Getty Images News | Getty Images Early Black Friday discounts were far higher this October compared to prior years, signaling retailers are concerned that demand could be tepid during the […]
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Deflation could be coming this holiday season, Walmart CEO says
Shoppers may get an early present this holiday season: falling prices in many gift-giving categories. On Thursday, Walmart CEO Doug McMillon said deflation could be coming as general merchandise and key grocery items, such as eggs, chicken and seafood get cheaper. He said the retailer expects some of the stickier higher prices, such as the […]
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