Consumer confidence dips againConfidence declined in November, but holiday spending still looks “solid.” Global challenges weigh on Abercrombie’s Q3 results; tariffs to impact Q4 profitAbercrombie & 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. 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. eBay sells StubHub for $4 billion eBay is getting out of the online ticket resale business. Survey: Payment fraud is booming Both retailers and consumers are reporting growing levels of fraudulent online and in-store transactions. Massage Envy CEO out after ‘consensual relationship’ with employee Well-known retail veteran Joe Magnacca has resigned as chief executive of Massage Envy. Some good news for retailers in Korn Ferry turnover survey Retail employees are staying put longer. 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. 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. Macy’s main problems are the products it sells, store environments With a 4.3% decline in total revenue and a 3.9% dip in comparable sales, the latest set of numbers from Macy’s suggests that there are more nightmares than miracles on 34th Street. First Previous 501 502 503 504 505 Next Last
