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Retail
Stores, suppliers fight over price hikes as inflation squeezes shoppers
A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022.Lucy Nicholson | ReutersLong before shoppers fill up their carts with hot dogs or detergent, supermarkets and suppliers…
Macy’s got an upgrade, but there may be a better way to play retail
Is it time to dive into department store stocks?Analysts at Cowen brought that question to the forefront on Thursday by upgrading Macy's stock to outperform, citing the company's digital innovation efforts and calling it "an American…
Stock Market News: What Conflicting Jobs Data Really Means for Markets – Motley Fool
The stock market kept moving upward on Thursday morning, continuing to draw optimism from hopes that the economy will be able to overcome a second wave of coronavirus cases. Just before 11 a.m. EDT, the Dow Jones Industrial Average…
Brooks Brothers seeks potential bankruptcy financing amid sale process
A pedestrian wearing a mask walks past a Brooks Brothers storefront closed during the COVID-19 crisis on May 06, 2020 in Vancouver, Canada.Andrew Chin | Getty ImagesBrooks Brothers is talking to banks about raising financing for a…
Stitch Fix (SFIX) Q4 2021 earnings
The Stitch Fix application for download in the Apple App Store on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7.Tiffany Hagler-Geard |…
Retailer must raise awareness of new Freestyle option
The Stitch Fix logo on a smartphone arranged in Hastings-on-Hudson, New York, U.S., on Saturday, June 5, 2021. Stitch Fix Inc. is scheduled to release earning on June 7.Tiffany Hagler-Geard | Bloomberg | Getty ImagesNow that Stitch Fix…
Luckin Coffee moves to remove chairman after accounting scandal
Charles Zhengyao Lu.VCG | Getty ImagesLuckin Coffee announced Friday that its board of directors is moving to force out director and Chairman Charles Zhengyao Lu following an internal investigation of a financial scandal.A meeting will…
Mulberry Group PLC considers sacking 25% of staff as social distancing
The clothier is to gradually reopen its UK stores as of June 15 following other sites in China, South Korea, Europe and Canada
PLC () said it is launching a consultation process to consider sacking 25% of its workforce.
The clothier…
Starbucks latest company to pause ads across social media platforms
People wear protective face masks outside Starbucks in midtown as the city moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City.Noam Galai | Getty…
‘People should buy stocks’ after retail, coronavirus news
CNBC's Jim Cramer said Tuesday that investors should look to buy stocks following strong retail sales data and a positive study on treating the coronavirus. "I'm not saying things are over. But I am saying that the reaction is that…