Keep an eye out for Walmart stock when the market opens on Tuesday, analysts say. The retail giant is poised to deliver another strong quarter, fueled in part by a strong holiday season, and shares ma...
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This 72-year-old is hoping to fund her retirement on GoFundMe
GoFundMe campaigns have been raising piles of cash for older Walmart workers who want to retire — but the heartwarming stories about sudden windfalls mask a dark reality about economic security and gr...
Amazon, Walmart, and Kroger Could Have the Solution to Grocery Deliveries
Shoppers returning to stores in the wake of the Covid-19 pandemic, venture-capital money drying up, and higher labor costs mean the first golden age of food delivery looks to be over. But customers ha...
Walmart Is Flexing Its Muscle Again
America’s biggest retailer has a new message for its suppliers: We’re not going to pay higher prices anymore. Walmart Inc. Chief Executive Doug McMillon delivered the warning in person last month in a...
An American Helped Build a Business Inside China. Clients Want Him to Leave.
It took Jacob Rothman two decades to build a Chinese manufacturing business with his friends and family. Now the 49-year-old American executive says customers want him to make some of his grilling too...
Kroger-Albertsons Merger Would Create a Big Player in Retail Advertising
The proposed merger of Kroger Co. and Albertsons Cos. would reshape the U.S. supermarket industry by combining its two largest operators. It also would create a big player in so-called retail media, o...
Walmart, Target Urge Lawmakers to Pass Bill Taking Aim at Visa, Mastercard Fees
More than 1,600 merchants including Walmart and Target are urging U.S. lawmakers to pass legislation that aims to break the hold that Visa and Mastercard have over the credit-card market. The bill, wh...
Inventory Pileup, Uneasy Shoppers Put Retailers in Jeopardy
For retailers, it is a season of discontent. From Walmart Inc. to Nordstrom Inc., retailers have a glut of inventory and are discounting items to clear out space for holiday goods. Many have already l...
Gap (GPS) reports fiscal Q2 2022 results
An employee hands a customer a shopping bag at an Old Navy store in San Francisco. David Paul Morris | Bloomberg | Getty Images Gap Inc. on Thursday withdrew its financial outlook for the year after i...
Peloton (PTON) reports Q4 2022 losses mount
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton on Thursday reported widening losses and slumping sales for its fisc...
Peloton to sell fitness equipment, apparel on Amazon
Peloton has struck a partnership with Amazon in a bid to broaden its customer base and win back investors’ confidence, as revenue growth slows from pandemic highs and its stock price plunges. In...
3 things Gap needs to fix to turn its struggling business around
A pedestrian passes in front of a Gap Inc. store in Miami Beach, Florida. Scott McIntyre | Bloomberg | Getty Images Gap needs a new game plan — and fast. In April, the retailer announced the departure...
Nordstrom (JWN) reports Q2 2022 results
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Nordstrom on Tuesday slashed its financial forecast for the full year as the depar...
Macy’s (M) reports fiscal Q2 2022 earnings
Macy’s Herald Square Flagship Department Store in Midtown Manhattan New York. Nicolas Economou | NurPhoto | Getty Images Macy’s on Tuesday cut its full-year forecast, saying it anticipates...
Garden State Plaza Names Co-Developer For Residential Project
Westfield Garden State plaza rendering Westfield Garden State Plaza Westfield Garden State Plaza took a key step toward advancing its plan to make New Jersey’s busiest shopping center part of a work, ...
Kohl’s (KSS) reports Q2 2022 earnings
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s on Thursday again slashed its financial forecast for the year, s...
Reebok owner Authentic Brands strikes $254 million deal for Ted Baker
A branch of Ted Baker stands on Regent Street in London, England. Jack Taylor | Getty Images News | Getty Images Authentic Brands Group, the retail conglomerate that owns businesses including Reebok, ...
Walmart, Target, Cisco, Deere, Housing Data, and Other Things for Investors to Watch This Week
Text size Earnings season continues next week in what will be an action-packed stretch for retail stocks. Walmart and Home Depot report results on Tuesday, followed by Bath & Body Works , Lowe’s, ...
Peloton says it’s slashing 780 jobs, closing stores and hiking prices
Peloton told employees Friday that it is slashing roughly 780 jobs, closing a significant number of its retail stores and hiking the prices on some of its equipment in a bid to cut costs and become pr...
Why ‘box fatigue’ may be hitting the apparel industry, Stitch Fix
A selection of men’s clothes packaged by Trunk Club, which was shuttered earlier this year after Nordstrom bought the personal styling service in 2014. Source: Trunk Club After earning a master&...
Retail analysts foresee holiday-season sales growth. Now we’ll hear from retailers themselves.
Even as price increases squeeze shoppers, analysts expect holiday-season sales to increase this year. With Walmart Inc., Target Corp. and discounters TJX Cos. and Ross Stores Inc. reporting results in...