Mastercard SpendingPulse: Retail sales off to solid start in JanuaryThe new year kicked off with gains across nearly all retail sectors. Coach parent company in solid Q2; forecasts record salesCoach saw gains across all three of its brands — Coach, Kate Spade and Sturt Weitzman — during the second quarter. CVS Health tops expectations amid increased demand for COVID vaccinations, tests CVS Health Corp. reported better-than-expected earnings and sales as customers flocked to its stores for COVID vaccinations and at-home tests. Genesco in new share buyback program The parent company of Journeys and other footwear brands said that its board has authorized a $100 million increase to its existing $100 million share repurchase authorization. Kroger accelerates growth in corporate gift cards A leading grocer is adding to its business-to-business gift card offering via a new partnership. Kohl’s rejects buyout offers; adopts plan to avert hostile takeover Kohl’s Corp. is taking a ‘poison pill.” American Dream in cash crunch after $9.3 million debt payment Triple Five’s mega-mall in the Meadowlands may be finding itself in the swamps financially after making a bond payment. Amazon Q4 profit nearly doubles; hikes Prime membership fee Amazon posted blockbuster earnings in the fourth quarter, largely driven by a big gain on its stake in electric vehicle maker Rivian Automotive. Ralph Lauren Q3 smashes expectations; raises outlook Ralph Lauren Corp. reported third-quarter results that blew past expectations as its efforts to transform its business showed big results. Salesforce moves toward marketplace solution with acquisition Salesforce is purchasing a Brazilian e-commerce technology company in an effort to increase its online marketplace management functionality. First Previous 224 225 226 227 228 Next Last
