News

JCPenney does wedding season on a budget amid turnaround The retailer is using social media to showcase a $10,000 wedding in an appeal to budget-conscious consumers.
Less than eight months before the retail giant filed for bankruptcy on April 23, Ryan Cohen, co-founder of Chewy and chairman of GameStop, and college student Jake Freeman cashed out a combined ...
The trench-coat maker hit a downward trend recently and is now focusing on its core outerwear and scarf categories.
JCPenney is set to close a Texas warehouse and lay off nearly 300 employees this year. JCPenney announced in May it will permanently close its Alliance Supply Chain facility in Haslet, Texas ...
Nike Sees Sales Decline Decelerating in First-Quarter as Turnaround Strategy Plays Out Revenue fell 12%, while profit came in at 14 cents a share, beating forecasts of 12 cents ...
After shutting down several stores in May, JCPenney is planning to close a warehouse and lay off nearly 300 workers this year. Here's the latest.
Nike's profit plunged in its latest quarter after revenue fell 12% and the sportswear brand worked to clear aged inventory and jumpstart its turnaround under a new chief executive. Nike is in the ...
Ivan Espinosa’s first annual meeting as Nissan Motor Co.’s chief executive officer was a baptism by fire, as shareholders questioned the feasibility of his turnaround plan and the carmaker’s ...
Nike said it expects the decline in its sales and margins to slow in the current quarter as it continues to clear aged inventory and crank up marketing as its turnaround strategy progresses. Chief ...
SALES FORECAST: The British trench-coat maker is expected to report a 3% decrease in comparable retail sales for the first three months, according to a company-compiled poll of estimates by 16 ...