Nordstrom Inc. News
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.
Stocks Mixed, Fed Minutes, Nordstrom, Wendy's, Nvidia In Focus - Five Things You Must Know
Stock futures mixed ahead of Fed minutes, bond yields slide; Fed minutes in focus as markets wilt under rate pressure; Nordstrom shares leap after solid Q1 sales, forecast boost; Wendy's shares surge as activist Nelson Peltz plots takeover and Nvidia edges lower ahead of Q1 earnings
The Arena Group Q2 Gross Profit Nearly Doubles; Revenue Up 87%
The Arena Group, publisher of Sports Illustrated, TheStreet, Parade and more, reported that Q2 gross profit, revenue and digital-ad revenue jumped.
Will JetBlue Take Away the One Thing People Like About Spirit?
The takeover of the budget airline raises a key question for consumers.
Micron and Nvidia: Buy or Sell After Bearish Updates?
Nvidia provided negative news on Monday and Micron followed up with more on Tuesday. Here's the trade.