[ad_1] A UPS worker sorts packages in New York on Dec. 18, 2017. Adam Jeffery | CNBC Online spending rose 4.9% year over year, setting a record for e-commerce during…
Tag: Macy's Inc
Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts
[ad_1] A customer enters a Nike store along the Magnificent Mile shopping district in Chicago on Dec. 21, 2022. Scott Olson | Getty Images Nike now expects full-year reported revenue…
Nike unveils plan to cut $2 billion in costs, warns of soft revenue
[ad_1] A customer enters a Nike store along the Magnificent Mile shopping district on December 21, 2022 in Chicago, Illinois. Scott Olson | Getty Images Nike on Thursday unveiled plans…
Macy’s shares surge 15% after it receives $5.8 billion buyout offer
[ad_1] People wait in line outside Macy’s before opening on “Black Friday” in New York City on November 24, 2023. The retail sector’s efforts to entice holiday gift purchases builds…
Macy’s receives $5.8 billion buyout offer, sources say
[ad_1] Arkhouse Management and Brigade Capital Management have offered to buy Macy’s Inc. for $5.8 billion, according to people familiar with the matter. The offer values the retailer at $21…
Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show
[ad_1] Holiday shoppers are turning to Walmart for groceries and gifts, but CEO Doug McMillon said it’s hard to predict how sales will look in the months after the peak…
Ulta Beauty shares pop as sales climb 6%
[ad_1] Shares of Ulta Beauty rose in after-hours trading Thursday, as the company said its third-quarter sales rose while shoppers showed once again they’re willing to spend on fragrances, skin…
Thanksgiving Day online sales jump as discounts motivate holiday shoppers
[ad_1] Ordering gifts online, paying by credit card. Concept online shopping, buying Christmas and New Year’s presents. Black credit card, computer and christmas presents on blue sofa with festive decorations…
With Black Friday deals and flashy displays, retailers try to convince reluctant shoppers to spend
[ad_1] Target hosted a free “Winter Wonderland” event in New York City to show off the holiday season’s hottest toys. It’s an example of the extra effort that retailers are…
Macy’s stock pops 10% as inventory, margin improvement help profit beat estimates
[ad_1] Macy’s Herald Square store in New York is shown on Aug. 21, 2023. View Press | Corbis News | Getty Images Macy’s on Thursday topped Wall Street’s quarterly expectations,…