Macy"s reversed its sales slump. But can the retailer sustain the rebound?

A year ago, Macy’s Inc. epitomized the nation’s t.....»»

Category: topSource: latimesAug 10th, 2018

Starbucks and China"s Alibaba to partner on delivery: media reports

Starbucks Corp and e-commerce company Alibaba Group Holding Ltd are set to join forces on coffee delivery, according to media reports, as the coffee retailer seeks to rebound from a sales slump in the once-booming China market......»»

Category: topSource: reutersJul 30th, 2018

Transceiver maker PCL to see sales rebound in 4Q19

Optical transceiver module maker PCL Technologies expects its sales to rebound strongly in the fourth quarter of 2018 following a slump a quarter earlier when some of its shipments were delayed due to labor shortages at its plant in China......»»

Category: topSource: digitimesNov 20th, 2018

Macy"s Reports Strong Sales Growth, Raises Guidance

Macy’s delivered healthy sales growth in its latest quarter and raised its guidance for the year, positioning the retailer for a strong holiday shopping season......»»

Category: smallbizSource: wsjNov 15th, 2018

Macy"s posts strong sales growth, showing it can adapt to new era of online shopping

Macy’s Inc. is proving that its recent rebound.....»»

Category: topSource: latimesNov 14th, 2018

US Housing Market Slump Continues: New Home Sales Tumble In July

Following yesterday's hope-crushing drop in existing home sales (weakest since Feb 2016), new home sales were expected to rebound 2.2% MoM after crashing over 5% in June, but they didn't as new home sales tumbled 1.7% MoM (after upward revisions). June's.....»»

Category: blogSource: zerohedgeAug 23rd, 2018

J.C. Penney shares slump 22% after wider-than-expected loss, revenue decline

J.C. Penney Co. Inc. shares slumped 22% in Thursday premarket trading after the department store retailer reported second-quarter losses that were wider than expected and sales fell. Net loss totaled $101 million, or 32 cents per shar.....»»

Category: topSource: marketwatchAug 16th, 2018

Why The Gap Inc. Stock Slumped Today

What happened Shares of The Gap Inc NYSE GPS tumbled on Wednesday along with other apparel retailer stocks While positive retail sales data from the U S Census Bureau painted a rosy picture for clothing sellers the severe negative reaction to Macy s NYSE.....»»

Category: futuresSource: nasdaqAug 15th, 2018

Macy's sales slow and shares plunge, but retailer pushed ahead with mobile checkout and other changes

Macy's sales surge slowed in the most recent quarter, signaling that the pay off from the department store's efforts at reinvention may have a ways to go. &#.....»»

Category: topSource: usatodayAug 15th, 2018

Macy"s rebound continues in second quarter

Macy's is raising its annual profit forecast as the department store reported an unexpected increase in a key sales measure......»»

Category: topSource: foxnewsAug 15th, 2018

Macy"s shares slide after sales decline

Macy's Inc. shares slide 4.4% in Wednesday premarket trading after the department store retailer reported a second-quarter sales decline. Net income totaled $166 million, or 53 cents per share, up from $111 million, or 36 cents per share, for .....»»

Category: topSource: marketwatchAug 15th, 2018

Why Dillard"s Latest Recovery Isn"t Here to Stay

Like its larger peers Macy s 160 and Kohl s Dillard s NYSE DDS experienced a rebound in sales and earnings growth beginning in late 2017 Comps rose 3 in the fourth quarter of fiscal 2017 and 2 the next quarter In this Industry Focus 160 video.....»»

Category: futuresSource: nasdaqJun 15th, 2018

Housing Rebound Dies: Higher Rates Spark New, Existing, & Pending Home Sales Slump

After disappointment in new- and existing-home-sal.....»»

Category: blogSource: zerohedgeMay 31st, 2018

How Macy"s uses virtual reality to drive sales

Macy's Inc. is turning to something more at home in Silicon Valley than the home goods section of a department store in order to drive sales: virtual reality. In a call with investors on May 16, Macy's (NYSE: M) CEO Jeff Gennette said the retailer i.....»»

Category: topSource: bizjournalsMay 23rd, 2018

Macy"s Shows Signs of Life After Prolonged Slump

After closing dozens of unprofitable stores, Macy’s reported higher sales at those locations still open amid the first signs that the department store giant is pulling out of a prolonged slump......»»

Category: smallbizSource: wsjMay 16th, 2018

MediaTek to see revenues rebound in December

MediaTek has reiterated its sales guidance for the fourth quarter of 2018 indicating revenues for December are set to bounce back to the NT$20 billion (US$649.4 million) level......»»

Category: topSource: digitimes20 hr. 37 min. ago

Slumping Apple iPhone XR Demand Prompts Analyst to Cut Sales Estimates

And total iPhone sales will slump next year. Apple’s iPhone XR isn’t as popular as Apple might have hoped, according to a new report. And now, a well-kn.....»»

Category: europeSource: fortuneDec 14th, 2018

Macy"s (M) Down 4.6% Since Last Earnings Report: Can It Rebound?


Category: topSource: redinewsDec 14th, 2018

Dick"s Sporting Goods Hunting for a Way to Grow Again

The retailer's decision to ban firearm sales to anyone under 21 hurt sales in related departments......»»

Category: topSource: foxnewsDec 14th, 2018

Sears Goes Under and Sales Go Up

The retailer, which has filed for bankruptcy protection, attributed a 4.3% rise in comparable sales to liquidations at stores that it is closing. Still, total revenue fell 23% and its loss widened......»»

Category: smallbizSource: wsjDec 14th, 2018

China Retail Sales, Industrial Production Growth Plummet In November

With yuan unable to sustain its PBOC-inspired squeeze higher and currency volatility at three-year highs, hopes remained high that some stability can be reasserte.....»»

Category: blogSource: zerohedgeDec 13th, 2018