Office Depot swings to loss in Q2 but still beats StreetOffice Depot’s ongoing transformation to a more business-services oriented company continues to be a drag on its bottom line, even as the company managed to beat analysts’ expectations. CVS slowing down store expansionCVS Health Corp. posted strong second-quarter earnings that easily beat Street estimates and raised its earnings forecast as it starts to reap the benefits of its acquisition of health insurer Aetna Inc. Group warns that new tariffs on tech goods would carry a high cost The consumer technology industry is sounding the alarm about the Trump administration’s plans to impose new 10% tariffs on imported Chinese products. Walgreens to close 200 U.S. stores Walgreens Boots Alliance is reducing its footprint in the United States by about 3%. Barneys lands new lenders for better financing Barneys New York has secured new financing to continue operations as it looks for a white knight. Target lets Gen Z entrepreneurs show their stuff The first-ever Target Incubator concluded with a demo day for all eight participants. Men’s Wearhouse bolsters exec team with three new hires Tailored Brands has appointed three retail veterans to help drive growth at its Men’s Wearhouse division in the U.S. and Moores Clothing for Men unit in Canada. Nike’s latest acquisition is a company whose co-founders are on staff at MIT Nike is ramping up its ability to anticipate consumer needs by buying a company that uses data to predict customer behavior. Groupon launches membership program Groupon Inc. has hopped on board the membership train. Analysis: CVS held back by underinvestment in stores, lack of flair in retail ops CVS has posted very strong overall revenue growth, mostly thanks to the acquisition of Aetna. First Previous 1101 1102 1103 1104 1105 Next Last
