Lululemon shares pop 10% despite lackluster earnings report and guidance
Lululemon's growth in the Americas, its largest market, appears to be stalling after the retailer on Wednesday reported flat comparable ...
Tag: Retail industry
Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal
A shopper walks past the American sportswear fashion brand Champion store in Hong Kong.Budrul Chukrut | Getty ImagesHanesbrands agreed to ...
Retailers like Gap and Foot Locker had a strong week. That doesn’t spell a consumer comeback
The Gap logo is displayed at a Gap store in Los Angeles, April 25, 2023.Mario Tama | Getty ImagesRetail's biggest ...
Kohl’s stock plummets more than 20% after massive earnings miss
Shoppers walk in front of a Kohl's store in Mount Kisco, New York.Scott Mlyn | CNBCKohl's shares plummeted more than ...
Starbucks is set to resume union negotiations as it confronts issues at its stores
People picket outside of a Starbucks store in New York's East Village on Nov. 16, 2023.Spencer Platt | Getty ImagesWhen ...
Lowe’s beats on earnings and revenue, even as consumers spend less on DIY projects
An exterior view of a Lowe's home improvement store at the Buckhorn Plaza shopping center. Paul Weaver | Lightrocket | Getty ...
Dodge and Ram boss Tim Kuniskis, father of the Hellcat, to retire from Stellantis
Tim Kuniskis, head of Fiat Chrysler's passenger cars division in North America, reveals the 2021 Dodge Durango SRT Hellcat SUV ...
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 on ...
Canada Goose jumps 16% after the company reports growth surge in China
Chris So | Toronto Star | Getty ImagesShares of Canada Goose surged 16% on Thursday after the company reported earnings ...
Walmart will report earnings before the bell. Here’s what to expect
People walk near the entrance of a Walmart store in Miami, Florida, on May 14, 2024.Joe Raedle | Getty ImagesWalmart ...
