Costco tops earnings and revenue estimates as sales jump 8%, shares still dip
The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025.Jay L Clendenin | ...
Tag: Retail industry
Gap shares plummet as retailer says tariffs will cost hundreds of millions
People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | ReutersGap is ...
E.l.f. Beauty to acquire Hailey Bieber skincare brand Rhode in deal valued up to $1 billion
Hailey Bieber attends the Rhode UK launch party with Hailey Bieber at Chiltern Firehouse on May 17, 2023 in London, ...
Lowe’s sticks by full-year forecast as sales from home professionals boost business
Lowe's on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself ...
Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion
U.S. births rose by 1% in 2024, with 3.6 million births recorded for the year, according to the CDC’s National ...
Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost
Downtown Beijing on May 2, 2025.Greg Baker | Afp | Getty ImagesBEIJING — Alibaba, Tencent and JD.com reported earnings this ...
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
A customer exits a Cava restaurant in New York City on June 22, 2023.Brendan McDermid | ReutersCava on Thursday reported ...
Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary
Walmart's business is strong enough to withstand tariff headwinds without increasing its prices, according to the discount retailer's former U.S. ...
‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
Bombas Socks in store.Courtesy: BombasBombas founder David Heath is stepping down from his role as CEO as the socks and ...
American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
A customer enters an American Eagle store in Miami, Florida on April 4, 2025.Joe Raedle | Getty ImagesAmerican Eagle on ...
