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Categories Business

Retailers saw a dismal fall quarter. The election seems to be turning things around.

Author November 27, 2024

Many U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month’s presidential election, which showed

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Categories Business

Amazon workers worldwide set to protest on Black Friday weekend, union federation says

Author November 27, 2024

Amazon workers in more than 20 countries, including the United States and the United Kingdom, plan to hold protests or go on

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Categories Business

Abercrombie expects a strong holiday quarter as growth run continues

Author November 27, 2024

Abercrombie & Fitch isn’t giving up its crown anytime soon.  The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight

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Categories Business

Kohl’s CEO Tom Kingsbury to step down and be replaced by Michaels CEO Ashley Buchanan

Author November 26, 2024

Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan. 15.

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Categories Business

U.S. charges former Wamco executive Kenneth Leech with fraud

Author November 26, 2024

Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a

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Categories Business

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

Author November 26, 2024

Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a

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Categories Business

Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand

Author November 26, 2024

Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion image and

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Categories Business

Judge says he must still approve sale of Infowars to The Onion

Author November 26, 2024

A federal judge said Monday he may hold an evidentiary hearing next month to help determine whether to approve the sale of

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Categories Business

Macy’s says employee hid up to $154 million in expenses since 2021

Author November 25, 2024

Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses over

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Categories Business

Gov. Gavin Newsom says he will provide residents rebates if Trump removes EV tax credit

Author November 25, 2024

California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump’s incoming administration does away with a

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