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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

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

At Macy"s, the Share Price Got a Bit Ahead of the Fundamentals

The department store chain delivered profit and revenue beats for the second quarter, plus higher guidance. But the stock sank as investors reassessed the retailer's longer-term performance......»»

Category: topSource: foxnews21 min. ago

Foot Locker Earnings: What to Watch

Will the retailer announce a surprise return to sales growth on Friday?.....»»

Category: topSource: foxnews1 hr. 51 min. ago

Target Earnings: 3 Things to Watch

The retailer might announce some head-turning sales growth numbers in its upcoming earnings report......»»

Category: topSource: foxnewsAug 19th, 2018

Walmart Hikes Its Outlook After Customer Traffic Picks Up

The retailer just logged its best sales growth in over a decade......»»

Category: topSource: foxnewsAug 17th, 2018

Nordstrom shares climb as e-commerce sales boost quarterly results

Nordstrom Inc's shares surged over 9 percent on Friday, a day after its quarterly same-store sales numbers trounced Wall Street estimates, leaving analysts impressed with the upscale retailer's online channels and its clear inventories......»»

Category: topSource: reutersAug 17th, 2018

Nordstrom shares rally after company beats earnings, raises outlook

Shares of Nordstrom Inc. jumped more than 12% in the extended session Thursday after the retailer beat second-quarter expectations, raised its guidance for the year, and made progress in online sales. Nordstrom sa.....»»

Category: topSource: marketwatchAug 16th, 2018

J.C. Penney Lowers Earnings Outlook as Sales Fall

J.C. Penney Co. lowered its full year earnings outlook after the retailer reported a wider loss and lower sales......»»

Category: smallbizSource: wsjAug 16th, 2018

Riding E-Commerce, Walmart Puts Up Stellar Sales

The retailer is silencing the naysayers who believed it couldn't survive in a world that increasingly relies on e-commerce......»»

Category: topSource: foxnewsAug 16th, 2018

J.C. Penney boosts sales to clear out excess inventory, but losses spiral

J.C. Penney boosted sales to clear out excess inventory, but that contributed to widening losses as the department store chain tries to avoid slipping into a free fall. The retailer war.....»»

Category: topSource: usatodayAug 16th, 2018

Walmart Rides Strong Consumer Spending to Faster Sales Growth

Walmart said sales rose at the fastest rate in over a decade as the world’s largest retailer continues to draw more people to stores and benefit from strong consumer spending......»»

Category: smallbizSource: wsjAug 16th, 2018