LoanDepot’s fourth quarter earnings, released after the markets closed on Tuesday (March 11) indicated double-digit growth loan originations that took advantage of lower interest rates toward the end of 2024, as homebuyers navigated a housing market that company leadership said remains “challenged.” Get the Full...
Facing economic uncertainty, Dick’s Sporting Goods is certain its customers will still turn to sports. 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,...
Kohl’s is forecasting a difficult 2025 as its new CEO embarks on a lengthy turnaround project. 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...
In an era where consumer confidence is being tested by inflation and rising living costs, off-price retailers like Burlington Stores and Ross Stores are doubling down on strategies that emphasize value and flexibility. Both companies have adapted to increased demand for discounts by balancing quality,...
As the Trump administration rolls out — and rescinds — tariffs on Canada and Mexico, investors were anxious to learn how the policy would impact Costco. The company’s reliance on membership fees for more than 70% of its operating profits gives it an advantage over competitors...
Kroger saw growth in digital sales, employees’ use of artificial intelligence (AI) tools and the benefits of personalization during its fourth quarter, which ended Feb. 1, executives said Thursday (March 6) during the grocery giant’s quarterly earnings call. Get the Full Story Complete the form...
In a retail world where growth is harder to come by, Macy’s is prioritizing stability over expansion, adjusting to the realities of a more competitive and unpredictable market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A common theme in recent earnings calls involving The Home Depot, Lowe’s and Target has been the “cautious consumer” as shoppers are becoming more selective about their spending, often waiting for the right moment to make a purchase rather than buying impulsively. Get the Full Story...
With cautious consumers making forecasting more difficult, Target on Tuesday (March 4) announced a plan to increase revenue by $15 billion over the next five years, a goal that underscores the company’s strategic push to deepen customer engagement through its physical stores and digital platforms....
