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…
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose surged 16% on Thursday after the company reported earnings for the fiscal fourth quarter and announced…
Target says Pride collection will appear in ‘select’ stores, cuts LGBTQ apparel for kids
Target will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed for…
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the…
Nordstrom shares jump 9% on report retailer is trying to go private
Nordstrom shares closed 9% higher on Tuesday following a report that the department store chain is attempting to go private.…
Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor
Consumer spending bounced back in February from a January dip, with a little help from leap day. But sales still…
Walmart to buy TV maker Vizio for $2.3 billion in move to grow its ad business
Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit…
Shopping online at 2 a.m.? That’s a red flag for buy now, pay later lender Affirm
Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to…
Lawson shares surge 18% after Japan’s KDDI launches $3.4 billion privatization offer
Shares of Japan’s third-largest convenience store chain Lawson surged 18% it received an offer to go private. The offer would…
Superdry shares soar more than 100% as company considers going private
LONDON — Superdry shares soared more than 100% on Friday, as the embattled British fashion retailer confirmed that co-founder and…
