Hurricanes news and trends

Q12018’s Big Retail Chill
Retail // June 02, 2018

“Blame It On the Rain” is more than the song that ended the musical career of early 90s sensation Milli Vanilli. The phrase is also a familiar refrain in retail — sung by retailers when disappointing results come at the same time as a streak...

Best Buy Blames Earnings Miss On The iPhone X
Earnings // November 16, 2017

Best Buy’s Q3 earnings report disappointed analysts this week, as both results and forecasts for the coming holiday quarter came in below expectations, according to news from CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Nordstrom Beats, But Rack Disappoints
Earnings // November 10, 2017

It wasn’t all bad news when Nordstrom reported its Q3 earnings yesterday. In fact, the embattled retailer turned in a beat on both earnings and revenue. But falling same-store sales and an apparent stall-out at its sales-generating Nordstrom Rack line of stores were enough to...

A Surprise Same-Store Sales Bump Isn’t Enough To Offset An Earnings Miss For Kohl’s
Earnings // November 10, 2017

Mixed results for Kohl’s as it posted its Q3 earnings report depressed stock prices in trading today as the retailer reported that sales took a hit when a series of hurricanes forced store closures. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Quick Reads
Federal Agencies Warn Businesses and Consumers About Hurricane-Related Scams

October 09, 2024
With another major hurricane on the way, three federal agencies are warning companies not to take advantage of these natural disasters and cautioning consumers to watch out for the scams that often accompany these events. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]

Best Buy Blames Earnings Miss On The iPhone X

November 16, 2017
Best Buy’s Q3 earnings report disappointed analysts this week, as both results and forecasts for the coming holiday quarter came in below expectations, according to news from CNBC. Get the...

Nordstrom Beats, But Rack Disappoints

November 10, 2017
It wasn’t all bad news when Nordstrom reported its Q3 earnings yesterday. In fact, the embattled retailer turned in a beat on both earnings and revenue. But falling same-store sales...

A Surprise Same-Store Sales Bump Isn’t Enough To Offset An Earnings Miss For Kohl’s

November 10, 2017
Mixed results for Kohl’s as it posted its Q3 earnings report depressed stock prices in trading today as the retailer reported that sales took a hit when a series of hurricanes forced store...