The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour sees a tough year ahead, roiled by global supply chain challenges and ano...
Tag: #shopping malls
E-commerce stocks plummet as consumers pull back online spending
The Etsy website Gabby Jones | Bloomberg | Getty Images Shoppers are eager to head back to brick-and-mortar stores, while inflation is stoking fears that consumers are pulling back their spending on s...
Wayfair (W) reports Q1 2022 losses
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair shares tumbled more than 20% Thursday morning after the online furniture retailer reported larger-than-expected losses in the first quarter as sh...
Victoria’s Secret takes beauty business to Amazon in wholesale test
Beginning Friday, shoppers will find an assortment of roughly 120 Victoria’s Secret beauty items, including lotions and fragrances, on Amazon. Source: Victoria’s Secret Victoria’s Se...
1-800-Flowers (FLWS) reports fiscal Q3 2022 results
Chris McCann, CEO, 1-800-Flowers Scott Mlyn | CNBC Valentine’s Day wasn’t enough for 1-800-Flowers last quarter. Shares of the company, at one point halted for volatility, tumbled 17% Thur...
Retail and consumer IPOs, M&A activity slowing amid inflation: KPMG
People shop at a grocery store in Monterey Park, California, on April 12, 2022. Frederic J. Brown | AFP | Getty Images Supply chain headaches, surging interest rates and the war in Ukraine have combi...
American Eagle pitches internal supply chain platform to retail rivals
Shekar Natarajan is chief supply chain officer of American Eagle Outfitters. He joined the retailer in 2018. Source: Julie Stapen Photography American Eagle wants to be more like Amazon. Not to get in...
Wall Street questions Lululemon 2026 financial targets
A woman jogs past a Lululemon retail store. Bloomberg | Getty Images Lululemon is setting lofty goals for growth in the next five years and laying out for analysts exactly how it plans to get there. B...
Lululemon monthly memberships for clothes, events and classes
Lululemon is launching a membership program — and it’s about more than workout clothes. The athletic apparel retailer will debut two tiers of memberships, one free and one paid, in a bid to buil...
Lululemon (LULU) announces new 5-year targets at analyst day 2022
A customer looks at athletic apparel inside a Lululemon store. Xaume Olleros | Bloomberg | Getty Images Lululemon aims to double its 2021 revenue in the next five years, putting it on track to hit $12...
Peloton raises subscription fees, cuts prices for Bikes, Treads
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton is hik...
PayPal Stock Is Falling. It’s Not Because Its CFO Is Leaving for Walmart.
Text size PayPal’s has a new interim CFO. Justin Sullivan/Getty Images Walmart said late Tuesday that it had named John Rainey as its chief financial officer. Rainey currently holds the same pos...
Rent the Runway (RENT) Q4 2021 loss
Rent the Runway sees the more than 2 million weddings planned for this year, and all the parties that come with them, as being a massive boon to its business. Plus, according to co-founder and Chief E...
50,000 retail store closures in U.S. by 2026 after pandemic pause
A pandemic shakeup in 2020 led to a surge in store closures, coupled with dozens retailers filing for bankruptcy, which emptied out shopping malls and left vacancies scattered along the streets major ...
Peloton activist Blackwells takes aim at new CEO, pushes for sale
A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Images Activist Blackwells Capital is reiterating its push for Peloton to consider a sale, arguing ...
Lululemon trade-in, resell program to launch this month
Lululemon will debut a trade-in and resale option for its gently used leggings, tops and jackets later this month following a successful pilot program prompted by rising consumer prices and a commitme...
Macy’s warns inflation-squeezed consumers may choose travel over shopping
A person walks past a Macys store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images As inflation threatens to weigh on consumer demand, particularly among low-to-mi...
Levi Strauss & Co. (LEVI) reports Q1 2022 earnings beat
An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Denim retailer ...
Teens spend on Nike and Lululemon despite concerns about U.S. economy
Athletic apparel sits on display inside a Lululemon Athletica store. Xaume Olleros | Bloomberg | Getty Images Teens are spending more and shifting their shopping habits, even as they worry about growi...
Nordstrom leadership reclaims oversight of struggling Rack business
Nordstrom Rack in downtown Seattle Getty Images Nordstrom on Monday announced it is streamlining leadership of its struggling Rack business with that of its full-line department stores, as two executi...
Tiger Woods turns up at Augusta National in FootJoy golf shoes, not Nike
A detail of the shoes of Tiger Woods of the United States as he warms up in the practice area prior to the Masters at Augusta National Golf Club on April 03, 2022 in Augusta, Georgia. Gregory Shamus |...
Kohl’s calls on shareholders to reject activist Macellum’s proposal
People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s on Thursday ...
Lizzo launches Yitty shapewear brand in tie-up with Fabletics
As a young girl, Lizzo tried intensely to, literally, fit in. The now-superstar would wear body girdles and skin-tight corsets to school, contorting the shape of her body — an experience she said was ...
Walmart Is Removing Cigarettes in Some Stores. Philip Morris and Altria Stock Fall.
Text size Bruce Bennett/Getty Images Shares of cigarette makers fell Monday as Walmart plans to end cigarette sales in some U.S. stores, The Wall Street Journal reported, citing people familiar with t...
New Balance bulks up manufacturing presence in U.S. amid supply chain backlogs
New Balance has opened its fifth manufacturing space in North America. This one is in Methuen, Massachusetts. Source: New Balance While many retailers are struggling to preserve relationships with ove...
Sen. Tammy Baldwin urges Kohl’s to reject bids threatening jobs in Wisconsin
A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A U.S. senator from Wisconsin is urging Kohl’s to not accept any buyout offer that might precede a bankruptcy...
Nike recovers in China, potential good omen for retailers
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images Glimmers of hope for Nike in China...
Nike (NKE) reports fiscal Q3 2022 earnings
A man walks in front of a Nike products exhibit, on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike on Monday reported earnings and sales for the fiscal third quarter ...
Kohl’s confirms it has received multiple preliminary buyout offers
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s on Monday confirmed it has receive...
Nike (NKE) about to report Q3 2022 earnings: Here’s what to expect
Shoes line the shelves at the Nike store on December 21, 2021 in Miami Beach, Florida. Joe Raedle | Getty Images Nike‘s post-earnings comments Monday could be a harbinger of how the retail indus...
Plug Power’s Walmart Deal Is a Step in the Right Direction, Analyst Says
Text size Plug Power stock has gained about 4% the last 12 months. Courtesy Plug Power Plug Power’s recent deal with Walmart is solid validation for investors that the company’s green hydrogen investm...