"Pricing pressure continues to negatively impact comparable sales and margins and we expect competition to remain intense in 2018," Moody's Vice President Mickey Chadha wrote in a note on Thursday. Traditional grocery chains are wrestling with Amazon.com Inc's aggressive expansion into groceries through its purchase of specialty retailer Whole Foods...
GameStop, the world's largest video game and gaming console retailer, reported a lower-than-expected quarterly profit on Thursday due to lower sales of video game software at its outlets.
*Canada, U.S. resume trade talks. Aug 29- The S&P 500 and the Nasdaq hit record highs for the fourth straight session on Wednesday in a rally led by technology companies as investor sentiment was stoked by optimism over ongoing trade negotiations. Canada appeared to be taking a more conciliatory approach toward its ongoing talks with the United States to salvage...
The company, which owns brands such as Bellawood hardwood flooring, faced several legal actions in 2015 after a CBS report alleged some of the company's flooring products had high levels of formaldehyde, a known carcinogen. Selling, general and administrative expenses rose nearly 11 percent rose to $102.2 million, partly attributable to legal settlements,...
July 2- U.S. retail vacancies rose marginally to 10.2 percent in the second quarter, hurt by bankrupt toy retailer Toys "R" Us Inc's store closures, real estate research firm Reis Inc said in a report on Monday. Toys "R" Us stores across the United States marked their final day in business on Friday. The store closings impacted the quarter's statistics "more than any...
SAN FRANCISCO, June 29- As Toys "R" Us Inc stores across the United States marked their final day in business on Friday, the bankrupt toy retailer posted a farewell message to customers on its website next to an image of its iconic Geoffrey the Giraffe mascot thanking them and urging them to "Play on!" More than 700 Toys "R" Us stores are shuttering in the United States.
NEW YORK, June 29- Gadget and gift chain Brookstone is exploring restructuring options including a potential U.S. bankruptcy as sales at its shops fall amid a wider downturn at brick-and-mortar retailers across America, people familiar with the matter said on Friday. The chain, which has roughly 100 stores in malls and about 20 in U.S. airports, has tapped law firm...
NEW YORK, June 29- Gadget and gift chain Brookstone is exploring restructuring options including a potential U.S. bankruptcy as sales at its shops fall amid a wider downturn at brick-and-mortar retailers across America, people familiar with the matter said on Friday. The chain, which has roughly 100 stores in malls and about 20 in U.S. airports, has tapped law firm...
June 14- Etsy Inc on Thursday raised its full-year revenue growth forecast, boosted by an increase in its transaction fee for sellers, sending shares of the company surging 35 percent to a record high. The share jump pushed up the company's market cap by $1.4 billion. The site for handmade goods, which struggled after its initial public offering in 2015, began its...
June 14- Etsy Inc on Thursday raised its full-year revenue growth forecast and increased its transaction fee for sellers, sending the e-commerce company's shares up more than 19 percent in premarket trading. Michaels also forecast adjusted earnings per share of 12 cents to 14 cents, below analysts' estimates of 19 cents per share, according to Thomson Reuters...
Shares of Victoria's Secret recovered slightly after the brand discussed plans to attract a younger demographic.
Thinx CEO Maria Molland Selby wants to change the way women think about feminine hygiene products.
May 18- Cargill, the global grains trader, sees the future of protein in the humble pea. Cargill and its competitors- such as Archer Daniels Midland and Richardson International, the biggest Canadian grain handler- are investing in specialty ingredients in search of higher profit margins than they can extract from bigger commodity crops such as soybeans, corn...
Jim Cramer sits down with Etsy CEO Josh Silverman at his company's headquarters to hear about how Etsy is carving its own space in the world of e-commerce.
Jim Cramer explains how bank stock leadership could emerge from higher interest rates and why that’s good news for the market.
Jim Cramer explains how bank stock leadership could emerge from higher interest rates and why that’s good news for the market.
Jim Cramer sits down with Etsy CEO Josh Silverman at his company's headquarters to hear about how Etsy is carving its own space in the world of e-commerce.
Jim Cramer sits down with Etsy CEO Josh Silverman at his company's headquarters to hear about how Etsy is carving its own space in the world of e-commerce.
April 13- Bratz doll maker MGA Entertainment said on Friday its billionaire founder and chief executive, Isaac Larian, had made an $890 million bid for Toys' R' Us stores in the United States and Canada. Once the largest U.S. toy retailer, Toys' R' Us abandoned a plan to emerge from bankruptcy last month and said it would try to maintain more profitable locations in...
Jim Cramer reveals the truth behind the apparel renaissance and why you should consider buying the group into weakness.
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