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Retail industry
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Retail industry
Economy
Editor
28 Haziran 2024
Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says
In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are…
Finance
Editor
6 Haziran 2024
The low-end consumer ‘is really being stretched,’ says Five Below CEO
While inflation is showing signs of easing, consumers in the country may still be feeling its effects for quite some…
Finance
Editor
5 Haziran 2024
Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal
Hanesbrands agreed to sell its global Champion business to Authentic Brands Group in a transaction valued at $1.2 billion, including…
Economy
Editor
5 Haziran 2024
Dubai Mall, one of the world’s largest, is getting even bigger with a $400 million expansion
DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get…
Finance
Editor
30 Mayıs 2024
Kohl’s stock plummets more than 20% after massive earnings miss
Kohl’s shares plummeted more than 20% Thursday after the company posted a surprise loss per share, coming in well below…
Finance
Editor
24 Mayıs 2024
How private equity rolled Red Lobster
Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was…
Economy
Editor
24 Mayıs 2024
British retail sales plunge 2.3% in April, missing estimates
LONDON — U.K. retail sales volumes dropped 2.3% in April as wet weather deterred shoppers, the Office for National Statistics…
Politics
Editor
21 Mayıs 2024
Biden takes credit for Target grocery price cuts: ‘They’re answering the call’
President Joe Biden took a victory lap after Target announced it was lowering prices on groceries and other items —…
Economy
Editor
18 Mayıs 2024
Some consumers are punting big purchases like pools and mattresses
Americans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates…
Finance
Editor
17 Mayıs 2024
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…
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