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Retail
Foot Locker (FL) earnings Q3 2024
Foot Locker store location on 34th street in New York City.Courtesy: Foot LockerFoot Locker slashed its full-year guidance Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand…
Why Dollar General and Dollar Tree are struggling
As shoppers look for value, dollar stores might seem to be logical destinations. But that penny-pinching mentality hasn't been enough to lift sales for Dollar Tree and Dollar General.Shares of the deep discounters have plunged so far in…
Here are the key 2024 holiday shipping deadlines to know
A driver for an independent contractor to FedEx delivers packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023.Stephanie Keith | Bloomberg | Getty ImagesConsumers are increasingly concerned that their online orders may not…
Walmart pulls back on DEI efforts, removes some LGBTQ merchandise
A Walmart Supercenter in Burbank, California, Nov. 21, 2024.Allen J. Schaben | Los Angeles Times | Getty ImagesWalmart on Monday confirmed that it's ending some of its diversity initiatives, removing some LGBTQ-related merchandise from…
For big-box retail, one of longest-running experiments is shrinking
A Target store stands in Manhattan, New York City, on March 5, 2024.Spencer Platt | Getty ImagesAs shoppers search for deals this holiday season in an environment where less in price is more for many consumers, more Americans may find…
Applying this rule is the secret to guilt-free shopping, expert says
Shoppers carry their purchases on Black Friday in New York City on November 29, 2024. Adam Gray | AFP | Getty ImagesWhen Bernadette Joy graduated with an MBA in 2016, she and her husband had around $300,000 in debt, including student…
We knew Best Buy’s quarter and guide would be weak. Here’s our plan for the
Best Buy 's quarter came up short of expectations, with the misses compounded by downward revisions to management's outlook for the remainder of the year. We were not surprised by Tuesday morning's print and have a plan. Revenue in the…
How Trump’s policies may affect investors in these 8 market sectors
President-elect Donald Trump at a viewing of a test-flight launch of the SpaceX Starship rocket in Brownsville, Texas, Nov. 19, 2024.Brandon Bell | Getty Images News | Getty ImagesAs Inauguration Day nears, investors are trying to…
Best Buy (BBY) earnings Q3 2025
Best Buy on Tuesday cut its full-year sales forecast and missed Wall Street's quarterly revenue expectations, as early holiday shopping and a fresh batch of iPhones and AI-enabled laptops weren't enough to drive higher sales.The consumer…
Kohl’s CEO Tom Kingsbury to step down, replaced by Ashley Buchanan
Incoming Kohl's CEO Ashley Buchanan and current CEO Tom Kingsbury.Courtesy: Michael's | Kohl'sKohl's is getting a new CEO, its third since 2018.The off-mall department store's current CEO Tom Kingsbury is stepping down effective Jan. 15.…