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McDonalds Withdraws Outlook, March Sales Plummet After "Unprecedented" Disruption In Business

McDonalds Withdraws Outlook, March Sales Plummet After "Unprecedented" Disruption In Business While it is hardly a secret that traditional brick and mortar retailers, already in pain after years of Amazon market share theft,.....»»

Category: blogSource: zerohedgeApr 8th, 2020

Campbell Soup Co."s stock sizzles on strong profit, debt reductions

Campbell Soup Co. topped second-quarter earnings expectations on a better-than-expected holiday sales season, sending shares up in trading on Wednesday. The stock was trading at $50.83 as of 12:45 p.m, an increase of more than 6%. Camden-based Cam.....»»

Category: topSource: bizjournalsMar 4th, 2020

Target sales dinged by shortened holiday season

NEW YORK (AP) — Target reported strong fourth-quarter profits, though its sales were weighed down weak toy and electronics sales during the crucial holiday shopping season. Target joins a string o.....»»

Category: topSource: moneycentralMar 3rd, 2020

Best Buy bucks holiday sales trend

Strong sales of mobile phones, tablets and headphones helped Best Buy post quarterly profit and sales that beat expectations. As Fred Katayama reports, its investment in its e-commerce operations is paying off......»»

Category: videoSource: reutersFeb 27th, 2020

Lowe"s says its website has been a huge drag on the company, but it"s hopeful that an overhaul will boost its sales

Fred Prouser/Reuters Lowe's CEO Marvin Ellison spoke about the company's omnichannel strategy during the company's Wednesday earnings call. In response to a question about brick-and-mortar sales, Ellison.....»»

Category: topSource: businessinsiderFeb 26th, 2020

Home Depot beats sales and profit estimates on housing market strength

Home Depot Inc beat quarterly sales and profit estimates on Tuesday, boosted by a strong U.S. housing market and demand during the holiday season......»»

Category: topSource: reutersFeb 25th, 2020

Macy"s strong holiday season brightens lackluster year

Macy's reported fourth-quarter earnings and sales that outpaced estimates......»»

Category: topSource: foxnewsFeb 25th, 2020

Macy"s shares jump 5.8% premarket after earnings beat driven by strong holiday sales

Macy's Inc. shares rose 5.8% in premarket trade Tuesday, after the company beat estimates for th.....»»

Category: topSource: marketwatchFeb 25th, 2020

These retailers could go bankrupt this year

Brick-and-mortar chains are still facing a mortal threat......»»

Category: topSource: moneycentralFeb 12th, 2020

U.S. stores, online sales boost Ahold"s quarterly profit

Food retailer Ahold Delhaize met forecasts with a 3% rise in fourth-quarter core earnings on Wednesday helped by its Food Lion and Hannaford U.S. grocery chains and strong online sales......»»

Category: topSource: reutersFeb 12th, 2020

Earnings Results: Sonos tops expectations as new products, promotions drive strong holiday sales

Sonos Inc. had a stronger-than-expected holiday quarter fueled by new products like a portable speaker and a partnership with IKEA......»»

Category: topSource: marketwatchFeb 5th, 2020

The Future of Retail: Online Checkout

As the growth of e-commerce sales continues to outpace brick-and-mortar, having a seamless online checkout process.....»»

Category: topSource: businessinsiderJan 30th, 2020

Apple earnings climb on strength of iPhone 11 sales, strong holiday season

Apple posted record 2020 first quarter revenues of $91.8 billion, up 9% from the same period a year ago and wa.....»»

Category: topSource: usatodayJan 28th, 2020

AmEx profit beats on strong U.S. holiday season spending

Credit card issuer American Express Co reported a fourth-quarter profit on Friday that beat analysts' estimates, as more people used its cards for shopping and paying bills while a strong U.S. retail sales environment also helped......»»

Category: topSource: reutersJan 24th, 2020

This is why Signet Jewelers’ stock had its best day in more than 27 years

Shares of Signet Jewelers Ltd. blasted off Thursday, to their biggest one-day gain since the mid-1990s, after a strong holiday sales performance helped flip the fourth-quarter sales outlook to growth from a decline......»»

Category: topSource: marketwatchJan 17th, 2020

Lululemon raises quarterly forecast after upbeat holiday sales

Lululemon Athletica Inc raised its quarterly sales and profit outlook on Monday, helped by strong holiday sales......»»

Category: topSource: reutersJan 13th, 2020

Weak holiday sales at Kohl"s, J.C. Penney spell further trouble for traditional retailers

Kohl’s said it now expects full-year earnings to come in at the bottom end of an already lowered forecast, blaming weak demand for women’s apparel during the crucial shopping season......»»

Category: topSource: foxnewsJan 9th, 2020

Macy’s is closing 29 stores nationwide within weeks

Analysts said the retailer’s performance was disappointing during a relatively strong holiday season in which overall retail sales grew 3.7 percent......»»

Category: topSource: washpostJan 8th, 2020

Apple stock hits all-time high and could keep growing, analysts say

Apple Inc.’s stock price hit an all-time high this week, closing at $289.80 per share on Friday amid high holiday season demand, strong performance beyond iPhone sales this year, and big expectations from Wall Street. The Cupertino-based consumer .....»»

Category: topSource: bizjournalsDec 27th, 2019

Market Snapshot: Dow, S&P 500 rise as stocks extend record-setting rally

U.S. stocks rose Friday, after opening at new intraday records, as investors attempt to close out a holiday-shortened week on a positive note, a day after a report on strong retail sales helped the Nasdaq to finish above 9,000 for the first time......»»

Category: topSource: marketwatchDec 27th, 2019