[ad_1] Macy’s Inc. and Nordstrom Inc. became the latest retailers to lower their financial goals for the year, citing risks of a steeper economic downturn and slowdown in consumer spending. Macy’s M, +4.00%, the biggest U.S.…
[ad_1] We may be paying a price for our pumpkin-spice cravings. A new study from the MagnifyMoney.com website has found that retailers routinely charge more for pumpkin-spice items than for…
[ad_1] Nordstrom Inc. JWN, +6.13% said Chief Financial Officer Anne Bramman is leaving the company Dec. 2. Bramman has served as Nordstrom’s finance chief since June 2017. She will remain…
[ad_1] Kroger has inked a deal with Albertsons to purchase the smaller grocery retailer for $24.6 billion. The acquisition will establish a national footprint “to serve America with fresh, affordable…
[ad_1] Tesco PLC TSCO, +0.81% said Wednesday that its pretax profit fell in the first half of fiscal 2023 on increased costs, and it backed its guidance for the full…
[ad_1] Stitch Fix on Tuesday reported fiscal fourth-quarter results that missed expectations amid a decrease in customers, and forecast further sales declines in the first quarter, sending shares lower in…
[ad_1] Instacart Inc. doesn’t plan to raise much capital in its initial public offering and instead plans to have most of the listing come from the sale of employees’ shares,…
[ad_1] Industria de Diseno Textil SA, the owner of Zara known as Inditex, posted higher profit and sales for the first half, after positive online sales in the second quarter…
[ad_1] Have guinea pigs become too popular for their own good? That’s a question worth asking in light of the fact animal shelters “have been inundated with the four-legged pets,”…