Allegro has written down the value of Mall Group and WE|DO by 56%. In a third-quarter (Q3) earnings statement released on Wednesday (Nov. 30), the...
As the busiest shopping season of the year gets underway, retail CFOs are facing shrinking profit margins as their companies offer more markdowns to drive...
Where once there was a liquidator that morphed into a mixed merchandise retailer, the Overstock.com of late 2022 is using the tools of the digital...
After being jeered for raising its long-standing $1 price point strategy a year ago, Dollar Tree said Tuesday (Nov. 22) that the change is working, and that...
In a week that began with Walmart being cheered for delivering strong results and ended with Amazon embarking on its sharpest round of job cuts ever,...
Apparel retail company Gap Inc. made a huge turnaround this quarter in sales and profits even as global commerce faces continued challenges amid high inflation...
The country’s third largest retail chain warned investors that, despite unprecedented promotions aimed at reducing excess inventory, its critical holiday sales season would fall short...
Fast-fashion retailer Shein is reportedly generating revenue at a rate that is putting it close to that of its rivals, H&M and Zara. The online...
The big bite and impact that inflation is having on consumers is unavoidable right now, with shoppers sending a loud and clear message to retailers...