Macy’s holiday sales disappoint; slashes sales and profit outlookThe nation’s largest department store retailer reduced its outlook for the current fiscal year on the heels of weak holiday sales. Analysis: J.C. Penney’s biggest problem area is in apparelAlthough this was a jolly holiday for most retailers, there was little cheer for J.C. Penney where comparable sales dropped by 5.4% on an unshifted basis. J.C. Penney to close three stores as part of ongoing review J.C. Penney on Tuesday gave a preliminary update on its holiday results and suggested some store closings are ahead. Stores were tops for procrastinating, post-holiday shoppers While overall holiday traffic to brick-and-mortar stores was down, last-minute and post-Christmas shoppers boosted seasonal totals. Publix to offer new cooking classes—but not in-store Publix is putting a digital spin on its cooking classes. Challenger Report: Job cuts on the rise Retailers were busy adding jobs in 2018, but they also were cutting positions at the same time. Verizon: Consumers ring in New Year with e-commerce Even as Christmas passed and New Year’s Day approached, online shoppers stayed busy. End of an era for New York retail landmark One of Manhattan’s most iconic and oldest department stores has gone dark. Consumer confidence takes a December dive Despite record holiday sales, U.S. consumers are starting to feel less confident about the economy amid trade concerns, market volatility and worries about slowing global economic growth. IBM: Retail revenue to rise 3.04% in 2019 The buoyant sales that characterize the 2018 holiday shopping season will continue into the New Year, but at a slightly lower pace. First Previous 196 197 198 199 200 Next Last
