Nordstrom Inc. News
Why Is Self-Pickup Flourishing In Post-Covid Times?
Kohl's is expanding its self-pickup option to all of its 1,100-plus stores.
So Many of Amazon's Best-Sellers Are Related to the Heat Wave
People are buying up ice-makers, water, air conditioners and pool floaties on Amazon.
Gap Stock Slides On CEO Sonia Syngal Exit, Muted Profit Margin Forecast
CEO Sonia Syngal will step down as CEO and the struggling casual apparel retailer said current quarter sales would continue to decline.
Five Below Stock Slides As Retailer Echoes Target Margin Warning After Muted Sales Outlook
"The consumer continues to face a lot of hurdles, most recently being the formula shortage, which for families, it's got to be something that's front and center on their mind," said CEO Joel Anderson.
Target Stock Slips After Retailer Boosts Dividend Despite Margin Concerns
Just days after trimming its near-term margin forecast, Target said it will boost its quarterly dividend by 20%.
Walmart, Amazon, Home Depot Stock Slump As Target Signals Big Summer Discounts For Overstocked Retailers
Retailers are sitting on some of the highest levels of inventory in two years, while consumers are getting lashed by surging inflation. That could mean big summer discounts for cash-strapped shoppers.
Will Buy Now, Pay Later Dominate Future Retail Sales?
Consumers looking for an easier way to pay for big ticket items may turn to buy now, pay later payment plans.
Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel
"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.
Stock Market Today - 5/25: Stocks Finish Higher, Bond Yields Slide, With Fed Minutes In Focus
Stocks finish higher Wednesday as the Federal Reserve releases minutes from its May meeting.
Nordstrom Stock Leaps As Solid Q1 Sales, Surprise Outlook Boost Defies Retail Gloom
"At this point, we have not seen inflationary cost pressures adversely impact customer spending, which we believe is due to the higher income profile and resiliency of our customer base," said CFO Anne Bramman.
Cisco Systems Stock Leaps On Q4 Earnings Beat, 2023 Sales Outlook As Supply Chain Pressures Ease
"Overall supply constraints began to ease slightly at the back half of the fourth quarter and continuing into the start of the first quarter," said CEO Chuck Robbins.
Apple Preparing For iPhone 14 Launch On September 7 - Report
Bloomberg reported late Wednesday that Apple is eyeing a September 7 launch date for its new iPhone 14 series.
Bed, Bath & Beyond Stock Dives As Ryan Cohen Moves to Sell Entire Stake
Ryan Cohen, who pushed for changes at Bed, Bath & Beyond including the ouster of CEO Mark Tritton, is looking to dump his entire 11.8% stake in the struggling home retailer.
Elon Musk Takes a Controversial Stand on Gender Equality
The richest man in the world sees himself as a global CEO, speaking his mind on just about anything.