Q3

Discounts, Lower Same-Store Sales Hit Hudson’s Bay Results

Discounts, Lower Same-Store Sales Hit Hudson’s Bay Results
Discounts, Lower Same-Store Sales Hit Hudson’s Bay Results
December 10, 2019  |  Retail

The latest results of the department store operator Hudson’s Bay Company showed the impact of discounts at its Saks Fifth Avenue operations, along with lower...

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Consumers Drive Q3 US Economic Growth
Consumers Drive Q3 US Economic Growth
November 27, 2019  |  Economy

October saw a rise in consumer spending, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

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Retail Sales Drop In Canada For First Time In Three Months
Retail Sales Drop In Canada For First Time In Three Months
November 22, 2019  |  Retail

With a less-than-anticipated decline, retail sales in Canada dropped in September for the first time in three months. Statistics Canada noted that retailers sold 0.1...

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Digital Retail Investments Are Paying Off In Q3
Digital Retail Investments Are Paying Off In Q3
November 20, 2019  |  Retail

As the year winds down – and holiday shopping picks up – clarity is emerging about which retail investments might pay off in the new decade,...

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Kohl’s Sees Digital Sales Growth, Amazon Returns Traffic In Q3
Kohl’s Sees Digital Sales Growth, Amazon Returns Traffic In Q3
November 19, 2019  |  Earnings

Even with digital sales growth and the Amazon returns program in stores across the country, Kohl’s Corporation posted third-quarter results that fell short of analysts’...

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Gig Economy Co Upwork Reports Revenue Gain, New Enterprise Push
Gig Economy Co Upwork Reports Revenue Gain, New Enterprise Push
November 07, 2019  |  Earnings

Gig economy platform Upwork plans to focus more on larger companies in the coming months, as the company seeks to increase its market share in...

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FIS Sees Strong Merchant Sales, Jump In Cross-Selling Activity In Q3
FIS Sees Strong Merchant Sales, Jump In Cross-Selling Activity In Q3
November 05, 2019  |  Earnings

Roughly three months after closing its $43 billion deal for payments processor Worldpay, Fidelity National Information Services (FIS) reported third-quarter results that showed some initial impacts...

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Rakuten Expects To Lose $947M On Falling Lyft Shares
Rakuten Expects To Lose $947M On Falling Lyft Shares
November 05, 2019  |  Investments

Japan’s Rakuten has taken a huge loss on Lyft shares, according to Reuters. Get the Full Story Complete the form to unlock this article and...

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