Industries, Retail & Wholesale
June 7, 2022
Via: ABC NewsShares of Kohl’s spiked more than 11% Tuesday after the retailer said that it is in advanced talks to be sold in a deal worth about $8 billion. The Wisconsin chain said late Monday that it was in a three-week […]
Industries, Retail & Wholesale
February 4, 2021
Via: CNBCNordstrom shares tumbled Thursday as the department store chain delivered a disappointing sales outlook for the year, and said it plans to shift more of its business toward off-price. Nordstrom said it expects revenue to rise more than 25% in […]
Industries, Retail & Wholesale
November 19, 2020
Via: PYMNTS.comThe headwinds facing Macy’s pandemic-driven downturn recovery have been well-documented. Falling foot traffic at malls and a general department store category malaise are just two of them and the consequences were on display in its Q3 earnings announcement on Thursday […]
Industries, Retail & Wholesale
August 3, 2020
Via: TimeLord & Taylor, known for its upscale fashions and extravagant holiday window displays, sought bankruptcy protection from creditors after a turnaround effort faltered amid the coronavirus pandemic. The oldest U.S. department store filed for Chapter 11 protection in Richmond, Virginia, […]
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