decline

Macy’s and Dick’s Join Retailers in Trimming Holiday Hiring
Macy’s and Dick’s Join Retailers in Trimming Holiday Hiring
October 23, 2022  |  Retail

Retailers and other employers who engage in seasonal hiring are facing a season of rising prices, reduced consumer spending and worries about a recession. As...

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Report: Fewer Shoppers Spending More in London’s West End
Report: Fewer Shoppers Spending More in London’s West End
October 09, 2022  |  Retail

The New West End Company (NWEC), which represents over 600 businesses in the West End of London, has said domestic spending is likely to see...

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Starbucks Expects 46 Pct Q2 Earnings Drop Amid Pandemic
Starbucks Expects 46 Pct Q2 Earnings Drop Amid Pandemic
April 09, 2020  |  Coronavirus

Starbucks is withdrawing its 2020 outlook as it faces an estimated 46 percent earnings drop for the second quarter, according to multiple reports. In an...

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Forever 21 Considers Bankruptcy As Mall Sales Decline
Forever 21 Considers Bankruptcy As Mall Sales Decline
August 28, 2019  |  Retail

One source has revealed that Forever 21 might be filing for bankruptcy. The retailer has been looking into ways to restructure its business as it...

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Kohl’s Marks Third Straight Quarter Of Declining Sales
Kohl’s Marks Third Straight Quarter Of Declining Sales
August 20, 2019  |  Earnings

Declining retail sales has hit Kohl’s for the third straight quarter. Despite reporting its third consecutive decline in quarterly sales on Tuesday (Aug. 20), the...

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Amazon Delivery Causes USPS Shipments To Decline
Amazon Delivery Causes USPS Shipments To Decline
August 11, 2019  |  Earnings

The U.S. Postal Service (USPS) reported a decline in package shipping for the third quarter of fiscal 2019. According to a press release, while the...

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PYMNTS’ Daily Data Dive: Investors Show Caution Following Trump’s Health Care Plan Snafu
PYMNTS’ Daily Data Dive: Investors Show Caution Following Trump’s Health Care Plan Snafu
March 28, 2017  |  Daily Data Dive

The GOP’s decision to pull its new health care bill from the voting floor of Congress are seeing some investors concerned about what a Trump...

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