Macy’s beats sales estimates, but stands by cautious full-year forecast as shoppers watch their dollars

[ad_1] Macy’s on Tuesday topped Wall Street’s quarterly sales expectations, even as it struck a cautious note about consumer spending for the back half of the year.  The department store…

No more freebies: Companies crack down on customer perks and rewards

[ad_1] Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023.  Eva Marie Uzcategui | Bloomberg | Getty Images It’s not your imagination: Companies are getting…

Stocks making the biggest moves midday: Apple, Meta Platforms, Carnival, Nike and more

[ad_1] The 2023 Apple Worldwide Developers Conference logo is displayed on a smartphone screen. Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading…

Grizzlies star Ja Morant suspended for 25 games after latest gun video

[ad_1] Ja Morant of the Memphis Grizzlies brings the ball upcourt during the game against the Los Angeles Lakers during Game Five of the Western Conference playoffs at FedExForum in…

Why bots make it so hard to buy Nikes

[ad_1] Sneakers are among the most sought-after collectible items. They’re also a prime target for scalpers. Grand View Research values the global sneaker industry at $86 billion and predicts it…

Why Apple’s VR headset could succeed where every similar product has failed

[ad_1] An attendee wears an HTC Vive Virtual Reality headset during the Apple Worldwide Developers Conference in San Jose, California, June 5, 2017. David Paul Morris | Bloomberg | Getty…

House China committee targets top clothing brands in forced labor inquiry

[ad_1] A shopper carries a bag of Nike merchandise along the Magnificent Mile shopping district on December 21, 2022 in Chicago, Illinois.  Scott Olson | Getty Images WASHINGTON — A…

Fintech firm Klarna overhauls its app with a TikTok-like discovery feed as A.I. hype swirls

[ad_1] “Buy now, pay later firm” Klarna on Tuesday made some sweeping changes to its app, including a TikTok-inspired discovery feed that recommends products to users. David Sandstrom, Klarna’s chief…

Nordstrom adds former Nike executive to board as activist battle continues

[ad_1] Shoppers walk into a Nordstrom department store on March 03, 2023 in Austin, Texas.  Brandon Bell | Getty Images Nordstrom on Monday said it has tapped former Nike operating…

Under Armour’s new partnership with Steph Curry will last beyond the NBA star’s retirement

[ad_1] Under Armour and Steph Curry are entering into a long-term partnership. Source: Under Armour NBA superstar Steph Curry and Under Armour are once again betting big on each other.…