Citi Trends in big merchandise shift; will open 25 to 30 stores annuallyCiti Trends is accelerating its move away from apparel. And it’s still looking for a CEO. Consumer confidence dips againConfidence declined in November, but holiday spending still looks “solid.” A resurgent Best Buy raises annual outlook on strong Q3 Best Buy is entering the holiday selling season with reasons to celebrate. Dollar Tree cuts forecast due to tariffs; Q3 earnings miss Street Dollar Tree warned that its fourth-quarter earnings will take a hit due to the ongoing trade war between the U.S. and China. Global challenges weigh on Abercrombie’s Q3 results; tariffs to impact Q4 profit Abercrombie & Fitch reported mixed results for its third quarter as a “complicated” global environment offset U.S. same-store gains in its namesake and Hollister brands. Dick’s Sporting Goods Q3 surges; best same-store sales in six years Dick’s Sporting Goods raised its full-year profit outlook on the heels of a strong quarter with better-than-expected earnings and sales. A.C. Moore going out of business; some stores to reopen as Michaels The A.C. Moore chain of arts and crafts stores is calling it quits. Massage Envy CEO out after ‘consensual relationship’ with employee Well-known retail veteran Joe Magnacca has resigned as chief executive of Massage Envy. Survey: Payment fraud is booming Both retailers and consumers are reporting growing levels of fraudulent online and in-store transactions. eBay sells StubHub for $4 billion eBay is getting out of the online ticket resale business. Some good news for retailers in Korn Ferry turnover survey Retail employees are staying put longer. Opening stores is a priority of direct-to-consumer brands An overwhelming majority of direct-to-consumer brands report they are profitable, and looking to expand globally. First Previous 424 425 426 427 428 Next Last
