[ad_1] Consumers bought fewer goods at its stores in the second quarter and delinquencies rose among its credit-card holders. [ad_2] Source link
Tag: Department Stores
Target, Much Like Bud Light, Is Stung by Culture Wars
[ad_1] The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. [ad_2] Source link
Target Sales Are Punished by Pride Month Backlash
[ad_1] The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. [ad_2] Source link
Estée Lauder’s Big Bet on China Is Looking Not So Pretty
[ad_1] Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses. [ad_2] Source link
Brands Wanted to Cut Out Stores. Not Anymore.
[ad_1] Nike and others are selling through traditional retailers they once shunned. [ad_2] Source link
Stitch Fix Taps Former Macy’s, Walmart Exec as CEO
[ad_1] Matt Baer will lead the fashion company as it cuts costs, alters operations. [ad_2] Source link
Nike Broke Up With Retailers. Now It’s Trying to Win Them Back.
[ad_1] The sneaker maker’s strategy seeks to shed excess product as inflation pinches consumers’ budgets. [ad_2] Source link
Mood Darkens at Macy’s as Retail Spending Slows
[ad_1] Net sales and profit fell in the quarter ended April 29 as demand slowed for apparel and accessories. [ad_2] Source link
As Macy’s CEO Plans to Retire, He Says Know Your Customer and Keep It Simple
[ad_1] Jeff Gennette has run the department-store chain since 2017 and will be succeeded in February by Bloomingdale’s boss Tony Spring. [ad_2] Source link