Best Buy exec joins Gap Inc. in newly created leadership positionGap Inc. has made two additions to its senior team, naming its first-ever chief growth officer and a new CEO for Banana Republic. CPG: ‘Big six’ retailers up 18.5% combined, pointing to record holiday salesCustomer Growth Partners has updated its holiday forecast to a 5.8% year-over-year growth, to a record $749 billion. The retail brands with strong emotional connections to customers are… The retail industry ranked three overall out of 10 industries in a study of brands based on emotional connections made with customers during the pandemic. Gap earnings falls short but ‘optimistic’ about Q4; online sales up 61% Gap Inc. reported third-quarter earnings that just missed Wall Street expectations amid strong performances from both Old Navy and Athleta. Dick’s Sporting Goods to launch new retail concept Dick’s Sporting Goods is going all-in on the outdoors and CEO Ed Stack is leading the charge. Nordstrom Q3 earnings top expectations; digital surges to 54% of total sales Nordstrom reported third-quarter earnings that bested analysts forecasts, helped by strong growth online. Dollar Tree in ‘very good start’ to holiday amid strong Q3; to renovate 1,250 stores Dollar Tree reported third-quarter sales and earnings that beat estimates and sounded an upbeat note about the holiday season. J. Crew Group’s CEO departs; successor named J. Crew Group has promoted a company veteran to its top post. eBay expands financial, educational assistance for small sellers 2020 continues to be the year of the small seller on eBay. Abercrombie to close more flagships; posts better-than-expected Q3 Abercrombie & Fitch easily topped Wall Street estimates for quarterly sales and earnings amid cost controls and strong online demand. First Previous 379 380 381 382 383 Next Last
