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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,.....»»
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.....»»
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.....»»
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......»»
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.....»»
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......»»
Macy"s strong holiday season brightens lackluster year
Macy's reported fourth-quarter earnings and sales that outpaced estimates......»»
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.....»»
These retailers could go bankrupt this year
Brick-and-mortar chains are still facing a mortal threat......»»
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......»»
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......»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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 .....»»
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......»»