GameStop holiday sales plummet; lowers forecastThe holiday season brought no cheer to GameStop. Kronos survey finds many stores were understaffed for holiday seasonOnly one in three stores were fully prepared in terms of holiday staffing. Lululemon boosts revenue, earnings outlook for Q4 Innovative product offerings and an equally strong holiday season pushed Lululemon Athletica to raise its fourth-quarter expectations. Urban Outfitters offers mixed holiday report card Urban Outfitters’ total holiday sales rose, fueled by strong growth at Free People. But its namesake division turned in a disappointing performance, Verizon: Holidays don’t last forever for e-retailers What goes up must come down, including online retail traffic. Survey: Bad returns policy is big turnoff to future purchases Retailers’ returns policy can have a big impact on whether a holiday gift is even purchased. Bed Bath & Beyond withdraws fiscal outlook; delays store closures Bed Bath & Beyond said it will reveal its strategic plan in early 2020 as it swung to a third-quarter loss with sales and earnings that missed Street expectations. Analysis: Radical change needed to get Victoria’s Secret back on track Overall, this was not a happy holiday for L Brands. Off the back of a flat holiday performance last year, group comparable sales fell by 4%. Holiday sales fall at J.C. Penney J.C. Penney wasn’t able to stem the tide of declining same-store sales at department stores during the holiday season. L Brands lowers guidance as Victoria’s Secret drags down holiday performance L Brands’ sales fell in the crucial holiday shopping season amid the ongoing decline of its signature Victoria’s Secret brand. First Previous 130 131 132 133 134 Next Last
