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Krystina Gustafson, NBR, CNBC.com’s Posts
Target on Monday gave shoppers a peek at what its $7 billion investment into the business could mean for their local store.
Times are about to get even more trying for the country’s distressed retail chains.
As companies like Target and Wal-Mart go head-to-head on value, a House bill proposing a tax on imports threatens to undermine any progress.
Best Buy reported fiscal fourth-quarter revenue and a first-quarter forecast that missed Wall Street’s expectations.
Taking a page from Wal-Mart’s playbook, Target will invest its own cash to ensure it is “clearly and competitively priced every day.”
The overwhelming majority of traditional retailers still hasn’t figured out how to profitably fill online orders.
Designer labels face several major headwinds when it comes to producing goods in the USA.
Amazon discloses it generated $6.4 billion in revenue related to “retail subscription services” last year.
Luxury fashion retailers are gaining ground online — but they’re still lagging much of the retail industry when it comes to digital sales.
Comparable sales at Michael Kors’ branded retail stores deteriorated, as fewer shoppers visited these locations and promotions took a toll.
Heavy promotions, high inventory levels and the ripple effects of Sports Authority’s bankruptcy all weighed on the company’s results.
The world’s largest retailer will now offer free two-day shipping on more than 2 million items when shoppers spend at least $35.
Andi Owen, global brand president of the wear-to-work brand, will exit the company in late February.
High-end retailers need to pump the brakes on their expansion plans.
As Macy’s closes up shop at more than 60 U.S. locations, one off-price chain stands to gain the most from its contraction.