Kohl’s gave investors an early look at their earnings with a glimpse at some unexpected good news: a surprise bump in profits as gross margin expanded during last quarter. This indicates that plans to be rid of excess inventory are proceeding as expected. The Street...
It’s never been easy to work in retail, but 2016 has been a particularly tough time for retail workers since the only thing tougher than working in retail, is to suddenly find oneself not working in retail. Get the Full Story Complete the form to...
After showing a period of relative strength and growth, the party is over when it comes to U.S. retail sales, which missed expectations and flattened out in July instead of growing by .4 percent. Americans, it seems, were less interested in purchasing clothing or goods,...
That question has become the bane of eCommerce’s existence and one that numerous retailers have been trying (and failing) to solve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As far as bankruptcies go, it’s been a pretty ho-hum week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
Under Armour has announced that Andy Donkin, who served as Amazon’s head of worldwide and mass brand marketing for the past four years, will serve as the sports apparel retailer’s new chief marketing officer. Get the Full Story Complete the form to unlock this article...
Wayfair, the online home furnishing retailer, has seen a big growth in its business over the past year, according to its Q2 2016 earnings call on Tuesday (Aug. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
After posting quarterly earnings figures in May so abysmal that they took the rest of department store retail down with them, Macy’s finally got a bit of good news into 2016 with their Q2 earnings reported yesterday. Get the Full Story Complete the form to...
A new study found that customers who use self-service checkout lanes are twice as likely to shoplift items than those that don’t, according to The New York Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
