Shares of Gap were gaining after hours following better-than-expected May same store sales of 1%, helped by positive comparable sales in its Banana Republic and Old Navy brands.
Carvel President Scott Colwell says the company is not deterred by the resurgence of frozen yogurt, saying the brand has “always dealt with a very competitive marketplace.”
From now through Saturday, Target is offering customers a minimum of $150 dollars toward the purchase of a new iPad when they trade in a working iPad 2 or newer version.
Founder and CEO Peter Cancro believes the chain could one day grow to as many as 10,000 locations in the U.S. and internationally. But going public isn't part of the plan.
This year is likely to be another busy year for consumer-related companies heading to the public markets to seek capital, says Bob McCooey, Nasdaq OMX's Head of Listings.
This year's holiday season was characterized by intense promotional activity aimed at getting consumers in the door, but it didn't work out so well for Best Buy.
Skullcandy CEO Hoby Darling is seeing 2014 as an opportunistic year with new product offerings, including women's headphones and sports performance headphones.
With 40 restaurants under three high-end steakhouse brands, Del Frisco's CEO Mark Mednansky says it's a good time to be in the restaurant industry because affluent customers did well through the recession and are spending again
Town Sports International CEO Bob Giardina says the biggest obstacle to getting new members isn't price, but convenience.
Dunkin' Brands CEO Nigel Travis says the recent rough winter weather has been somewhat good for sales but overall it's not good for the industry because customers don't want to venture out of their homes.