Major retailers promise a cheaper Thanksgiving, but there’s a twist
Major retailers promise a cheaper Thanksgiving, but there’s a twist
Major retailers promise a cheaper Thanksgiving, but there’s a twist Read More »
Retailers
Retailers Eye GenZ’s Money With a Big Push Onto College Campuses
Coffee shops and bookstores are college-campus staples. Now retailers selling apparel and candles are looking to get in on the action too. Companies eager to capture Generation Z’s spending power hope campus locations will draw younger consumers to their goods and establish their brands with tomorrow’s adult spenders, with mall-based stores and other chains planting
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Macy’s Stock Soars as ‘Omni-Channel’ Retailer’s Comparable Sales Unexpectedly Rise
Key Takeaways Macy’s exceeded profit and sales forecasts and lifted its outlook as comparable sales grew. Comparable sales were up at its Macy’s and Macy’s “Reimagine” stores, as well as Bloomingdale’s and Bluemercury locations. Macy’s increased its full-year adjusted earnings per share and sales forecasts. Macy’s (M) shares jumped over 20% Wednesday after the biggest
Macy’s Stock Soars as ‘Omni-Channel’ Retailer’s Comparable Sales Unexpectedly Rise Read More »
Here’s What Big Retailers Are Saying About Consumer Trends and the Impact of Tariffs on Prices
Key Takeaways Major retailers shared their perspectives on how consumers are faring and what tariffs mean for the industry on conference calls following the release of quarterly results last week. Americans remain value-minded while shopping, and in some cases are pulling back on discretionary items even though tariffs haven’t fully affected prices yet. Yet, home