Tag: Retail industry

home-depot-cfo-affirms-no-price-ncreases-due-to-tariffs

Home Depot CFO Affirms No Price Increases Due to Tariffs

Home Depot is sticking by its sales forecast for the year, despite the looming threat of tariffs. In an interview with CNBC, Chief Financial Officer Richard McPhail assured that the retail giant has no...
the-empty-mega-mall-a-concerning-global-phenomenon

The Empty Mega-Mall: A Concerning Global Phenomenon

On a sunny Thursday afternoon, the Haikou International Duty Free City in Hainan, China, was eerily quiet. Families strolled through the vast mall, but there weren't many shoppers around. Sales attendants stood around chatting,...
walmart-cfo-warns-of-tariff-related-price-hikes-starting-soon

Walmart CFO Warns of Tariff-Related Price Hikes Starting Soon

Walmart, the big-box retailer, missed quarterly sales estimates by a hairline on Thursday. This was due to the impact of higher tariffs, which even the world's largest retailer couldn't escape. Despite this setback, the...
american-eagle-stock-drops-17-after-withdrawing-guidance-and-writing-off-75m-nventory

American Eagle Stock Drops 17% After Withdrawing Guidance and Writing Off $75M Inventory

A customer, let's call him Bob, walks into an American Eagle store in sunny Miami, Florida on April 4, 2025. The store is filled with trendy clothes and accessories, but little does Bob know...
2025-consumer-outlook-dollar-general-ceo-warns-of-cash-strain

2025 Consumer Outlook: Dollar General CEO Warns of Cash Strain

In a recent address, Dollar General CEO Todd Vasos candidly voiced concerns about the financial strain facing the company's loyal customers. The year 2025 presents a challenging economic landscape, marked by persistent inflation and...
boosting-walmart-mexico-sales-with-america-first-policy

Boosting Walmart Mexico Sales with America First Policy

Summary: The article discusses the impact of the America First policy on Walmart's sales in Mexico, highlighting the relationship between the American and Mexican economies through Walmart supercentres.In the bustling aisles of a...
challenges-faced-by-7-eleven-against-canadian-suitor

Challenges faced by 7-Eleven against Canadian suitor

The battle for control of Seven & i, the Japanese owner of 7-Eleven, has been nothing short of a rollercoaster ride since Alimentation-Couche Tard (ACT), a Canadian retailer, made a bid to acquire the...
american-eagle-sees-consumer-slowdown-ssues-weak-guidance

American Eagle Sees Consumer Slowdown, Issues Weak Guidance

American Eagle Faces Consumer Slowdown, Shares Drop in Extended TradingAmerican Eagle, the popular clothing and accessories retailer, delivered a somber message to investors recently, highlighting a concerning trend in consumer spending. CEO Jay Schottenstein...
kohls-stock-plunges-20-on-bleak-2022-outlook

Kohl’s Stock Plunges 20% on Bleak 2022 Outlook

Kohl's Stock Takes a Hit with Bleak 2022 OutlookKohl's, a popular retail chain, recently announced its earnings and revenue for the fiscal fourth quarter, exceeding expectations. Despite this positive news, the company's stock plummeted...
walgreens-goes-private-in-10b-deal-with-sycamore-partners

Walgreens Goes Private in $10B Deal with Sycamore Partners

Walgreens Embarks on New Journey with Sycamore PartnersIn a monumental shift, the iconic drugstore chain Walgreens has decided to go private, marking a significant chapter in its storied history. The company, which has been...
gap-stock-surges-17-exceeding-expectations-turnaround-strong

Gap Stock Surges 17% Exceeding Expectations: Turnaround Strong

Gap Inc. Exceeds Expectations, Surges 17% in Stock ValueGap Inc., the renowned apparel retailer behind iconic brands like Old Navy, Banana Republic, and Athleta, has recently showcased an impressive performance that has left Wall...
abercrombie-fitch-shares-drop-15-on-weak-yearly-guidance

Abercrombie & Fitch Shares Drop 15% on Weak Yearly Guidance

Abercrombie & Fitch, a once high-flying apparel retailer, faced a significant setback when its shares dropped by a staggering 15%. This sharp decline came on the heels of the company's announcement of weaker-than-expected guidance...

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