Target Corp
As Macy’s stock struggles, the retailer bets on private brands with more modern looks
Macy’s launch event for its new private brand, On 34th, also marked one of the first public appearances by Tony Spring (left) since he was named incoming CEO. Spring is CEO of the company’s higher-end department store chain, Bloomingdale’s. He will succeed Jeff Gennette (right) in February. Melissa Repko | CNBC NEW YORK — Macy’s, […]
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Retailers tap into Barbie’s sparkle and hot pink as they try to get thrifty consumers to spend
Bloomingdale’s is just one of the retailers and brands trying to tap into Barbie buzz. It has a pop-up with exclusive Barbie-inspired apparel and accessories, along with a life-sized Barbie box where shoppers can strike a pose. Bloomingdale’s NEW YORK CITY — In the middle of Manhattan, shoppers can step inside of a life-sized Barbie […]
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Amazon touts ‘biggest ever’ Prime Day as U.S. on line product sales surge to $12.7 billion
Workers retrieve bins at an Amazon fulfillment middle on Prime Day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021. Rachel Jessen | Bloomberg | Getty Pictures On the internet expending in the U.S. climbed 6.1% to $12.7 billion for the duration of Amazon‘s Prime Working day marketing, in accordance to Adobe Analytics, as […]
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Amazon’s Primary Day off to a robust start, early facts reveals
Amazon employees type packages for delivery in New York on July 12, 2022. Michael M. Santiago | Getty Images News | Getty Visuals Amazon‘s Prime Day is off to a strong begin, lifting 3rd-occasion sellers’ and other retailers’ on the internet revenue, early data displays. On Tuesday, the to start with day of Amazon’s 48-hour […]
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Student loan relief is gone for millions of Americans — here’s what it means for retailers
A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado. Brent Lewis | Denver Post | Getty Images By striking down student debt forgiveness Friday, the U.S. Supreme Court not only added a hefty expense back into millions of Americans’ budgets. It also created the latest challenge for retailers already […]
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Purchasing platform Shein poised to consider main U.S. current market share. UBS thinks these companies will be hurt most
Some big-title U.S. retailers could battle as Chinese e-commerce corporation Shein gains ground in the nation, UBS warned. Shein’s newest fundraising force place the business at a $66 billion valuation, according to a Wall Road Journal report. The Journal also documented that the Chinese rapidly-trend firm noticed $23 billion in earnings past 12 months with […]
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Starbucks union states employees at extra than 150 merchants will strike above Pride decor
Some organized Starbucks retailers will strike across the U.S. beginning Friday in Seattle after the coffee large and the union representing baristas publicly clashed around promises that the organization was not allowing for Satisfaction thirty day period decor in cafes. The union, Starbucks Staff United, explained additional than 150 suppliers symbolizing just about 3,500 personnel […]
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Boycotts seldom function — but anti-LGBTQ+ backlash is forcing providers into tricky selections
Assaults versus companies for their inclusion of the LGBTQ+ group have forced businesses to consider to strike a harmony among expressing values or risking backlash — and even violence — from a smaller but vocal component of their buyer bases. As boycotts go further than social-media-fueled outrage, companies like Anheuser-Busch, Concentrate on and Disney are […]
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Amazon states Prime Day will run July 11 and 12, introduces invite-only specials
Employees retrieve packing containers at an Amazon success center on Prime Working day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021. Rachel Jessen | Bloomberg | Getty Pictures Amazon will hold its once-a-year Prime Day megasale on July 11 and 12, the company declared Wednesday. For the initially time, Amazon will give invite-only […]
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Target races to bring next-day delivery to customers farther from city centers
A Target logo is displayed on the screen of a smartphone. Sheldon Cooper | SOPA Images | Lightrocket | Getty Images Target has a new way to speed packages to customers who live in the farther-out suburbs and neighborhoods of major cities, as it tries to give its e-commerce business a jolt. The big-box retailer […]
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