05 Dec 2019
Luxury jeweller Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong. | Video
03 Dec 2019
Cyber Monday sales were on course to bring in a record $9.2 billion, according to evening estimates, building on a bumper Black Friday weekend for U.S. retailers driven by earlier-than-usual promotions and free shipping. | Video
21 Nov 2019
Nov 20 Target Corp signaled a strong
start to the holiday season and raised its full-year earnings
forecast on Wednesday, betting on its aggressive push into
faster delivery and investments in store revamps, sending its
shares up 14%.
08 Nov 2019
Gap Inc said on Thursday Chief Executive Officer Art Peck will leave the company, a surprise exit in the middle of a restructuring that comes as the apparel retailer slashed its full-year earnings forecast, sending its shares down 7%.
07 Nov 2019
U.S. retailers are rushing in with faster-than-ever delivery deals and earlier Christmas promotions in hopes of easing the impact of this year's shorter holiday selling season, a period that can be make-or-break for retailers.
31 Oct 2019
Kraft Heinz Co will spend more on marketing for key brands widely thought to have been neglected after reporting on Thursday that lower costs helped it beat third-quarter profit expectations, sending shares up 13% in midday trading.
31 Oct 2019
Oct 31 Kraft Heinz Co will spend more on
marketing for key brands widely thought to have been neglected
after reporting on Thursday that lower costs helped it beat
third-quarter profit expectations, sending shares up 13% in
midday trading.
23 Oct 2019
McDonald's Corp missed Wall Street estimates for profit for the first time in two years on Tuesday as more investment to spruce up U.S. restaurants and speed up service weighed on the world's biggest fast food chain, sending its shares down 4%. | Video