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Breaking News - Latest of The Day: Retail

05/22/2019

Target CEO Brian Cornell says the winners and losers in retail are emerging Target's CEO thinks the retail industry is shaking out to show clear winners and losers. Those companies that are investing in stores and online ...
09:16, 05/22/2019

Lowe's tumbles as earnings fall short and forecast cut as higher costs weigh on results Lowe's shares plummeted 8% before the bell Wednesday after the company posted mixed fiscal first-quarter results and cut its forecast for the yea...
05:48, 05/22/2019

Kohl's lands deal with Fanatics to sell its licensed sports gear online Kohl's has signed a deal with Fanatics to sell a wide selection of items from the licensed sports retailer, including NFL jerseys and NBA T-shirt...
10:16, 05/20/2019

Dozens of shoe retailers, including Nike and Adidas, sign letter to Trump urging a halt to tariffs More than 170 shoe retailers have penned a letter to the White House asking President Donald Trump to consider a halt to tariff increases on footwear ...
10:16, 05/20/2019

Nordstrom's massive department store for women set to open this October in New York Nordstrom has chosen Oct. 24 for the grand opening of its women's store in New York, the largest single-project investment in the company's ...
10:16, 05/20/2019

Men are a multibillion dollar growth opportunity for the beauty industry The men's personal care industry is predicted to hit $166 billion by 2022, according to Allied Market Research. Last year, men's skin-care p...
10:48, 05/18/2019

This Chinese facial recognition start-up can identify a person in seconds Shanghai-based YITU Technology has gained wide recognition for its facial scan platform that can identify a person from a database of at least 2 billi...
12:48, 05/16/2019

From advertising to A.I., Walmart is doing a lot more than just being a retailer You might only know Walmart as a place to stop to pick up milk or paper towels, maybe a few other things, on your way home from work. But the biggest ...
12:48, 05/16/2019

Despite Walmart's new next-day delivery move, some experts still like Amazon more Walmart' next-day delivery plan has Wall Street wondering if it can give Amazon a run for its money — but some experts say it's a tough comp...
17:16, 05/15/2019

Walmart announces next-day delivery, firing back at Amazon Walmart's rollout of next-day delivery will begin in Phoenix, Las Vegas and Southern California this week, before reaching 75% of the country by ...
00:00, 05/14/2019

Wholesale importer: Our family business, like others, pays Trump's tariffs — not China We are importers of Christmas decorations. The vast majority of the items we import are made in China. China is the only country that can produce many...
15:16, 05/13/2019

Retailers, already planning for the 2019 holidays, expected to get whacked by tariffs Meanwhile, President Donald Trump has threatened to slap 25% tariffs on another $325 billion in Chinese goods that still remain untaxed, after Friday&...
11:00, 05/10/2019

Etsy CEO shrugs off 'rocky' start to Q1: 'We feel really good' Etsy CEO Josh Silverman tells Jim Cramer he is optimistic about the rest of the year and explains the e-commerce platform's plan to reduce carbon...
19:48, 05/09/2019

Why every US company has a stake in Bed Bath & Beyond's heated boardroom war Bed Bath & Beyond's board of directors is now majority female, more diverse and younger. But its activist investors are worried they lack the rel...
09:32, 05/09/2019

Amazon Go opens for the first time in New York. And the cashier-free store will accept cash Amazon Go at Brookfield Place in New York will also start accepting cash, Amazon said, after the company faced some backlash over "discrimination" con...
07:48, 05/07/2019

Walmart is opening dozens of veterinary clinics in its stores and launching an online pet pharmacy Walmart is opening up dozens more veterinary clinics in its stores and launching its first online pet pharmacy, hoping to lure more U.S. pet owners wh...
22:32, 05/06/2019

Cramer reviews the top activist stories of 2019: eBay, Dollar Tree, Bristol-Myers, Bed Bath & Beyond "Sometimes, they reach an accommodation with management and it works. Other times they get involved in proxy fights ... and the trade falls apart," Ji...
09:16, 05/03/2019

Home Depot CFO Carol Tomé to retire at the end of August She will be succeeded by Richard McPhail, the current senior vice president of finance control and administration. McPhail joined Home Depot in 2005....
17:32, 04/30/2019

The biggest mall owner in the US 'can't guarantee' there won't be more retail wreckage this year Simon Property Group, the biggest mall owner in the U.S., hopes store closures are slowing, but can't "guarantee" there won't be more retail...
09:16, 04/30/2019

Domino's CEO: 'Some random third party' won't deliver our pizza As competition with third-party delivery services heats up, Domino's CEO is rejecting the idea that the pizza chain should outsource its delivery...
14:16, 04/28/2019

Tyson Foods sold its stake in alternative protein company Beyond Meat Tyson Foods sold its stake in the alternative protein company Beyond Meat, which is expected to go public next week at a valuation of more than $1 bil...
14:16, 04/28/2019

Macy's shares rise 2% on report retailer may build office tower on top of flagship New York store Shares of retailer Macy's rose 2% Wednesday, following a report by Bloomberg that the retailer may build an office tower on top its flagship New ...
14:16, 04/28/2019

Venmo has digital user base putting heat on Square and banks, but no plan to profit from it PayPal's Venmo is seeing huge growth, with 40 million users disclosed for the first time, but CFO John Rainey says the company is in no rush to g...
14:16, 04/28/2019

California governor signs internet sales tax law California's Democratic governor has signed a law requiring companies like Amazon and eBay to collect sales taxes on behalf of some out-of-state ...
14:16, 04/28/2019