Nordstrom Inc. News
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.
Breaking News
Bank of America Lists Companies With Most Mentions of 'Supply Chain'
These companies made the most mentions of "supply chain" in their first-quarter earnings calls.
Crypto Crisis: Struggling Crypto Lender About to Be Acquired by Rival
Crypto firm Nexo is reviewing the assets of lender Vauld with the intent of acquiring the struggling crypto financial services company.
Ford Makes a Major Change
The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.
Stock Market Today - 7/5: Stocks Slide On Recession Fears; Dollar Hits Two-Decade Peak
A brief overnight inversion of the U.S. yield curve, as well as mounting signs of a near-term recession, have stocks on the back foot heading into the holiday-shortened week.