Primark, the Irish fashion retailer, is expected to take a huge financial hit due to COVID-19, the Financial Times reported. Get the Full Story Complete...
As retailers shuttered their physical stores during the coronavirus pandemic and eCommerce adoption accelerated, FedEx Corporation’s commercial business-to-business (B2B) volume fell in the U.S as its...
Macy’s Inc. recognized a $3.1 billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus...
The headlines about Nike’s Q4 earnings announcement focused on what would be a staggering loss at any other time. But the real story is a...
Carnival Corp. posted a $4.4 billion loss in the second quarter as the cruise industry was docked due to COVD-19, the company reported Thursday (June...
Designer Brands Inc. reported that net sales plunged by 44.7 percent to $482.8 million in the first quarter of fiscal year 2020, compared to the same...
With Mother’s Day solidly in its pocket, 1-800-Flowers adjusted its sales projections upward Thursday (June 18) as the gift and flower eCommerce company saw record...
Kroger posted a monster first quarter on both sides of the aisle Thursday (June 18) as consumers showed they will visit grocery stores with the...