Rihanna’s lingerie brand to expand with retail storesVictoria’s Secret is facing a new rival with a fast-growing following and strong celebrity ties. Under Armour swings to Q4 profit; to leave some retailers and focus on own channelsUnder Armour reported better-than-expected results for its fourth quarter amid strong online and expense management. Belk’s plans for bankruptcy include one-day reorganization Belk has released its plans for its Chapter 11 bankruptcy filing and reorganization. Report: Tesla invests heavily in bitcoin, will accept as payment The electric vehicle manufacturer owned by Elon Musk is reportedly becoming the first major automaker to accept bitcoin as currency for payment. Price Chopper and Tops Market grocery chains to merge Two Northeast independent supermarket chains are combining forces. Simon seeks to block approval of Ascena Retail reorganization Simon Property Group is sounding the alarm over Sycamore’s latest retail venture. Starbucks’ big challenger in China files for bankruptcy The coffee chain that was supposed to give Starbucks Corp. a run for its money in China has filed for bankruptcy protection. Nordstrom long-term growth strategy focuses on smaller-format stores, Rack and digital Nordstrom expects its revenue to grow more than 25% in 2021, with digital claiming approximately 50% of total sales. Mastercard: Strong consumer spending drove U.S. retail sales growth in January The new year kicked off with retail gains across nearly all sectors and all 50 U.S. states. Coach parent company Q2 beats Street; ‘optimistic’ on 2021 Tapestry Inc. reported second-quarter earnings and sales that beat estimates as its turnaround plan continues to gain momentum. Walmart buys ad tech to support self-serve display portal Walmart is continuing to bulk up its media business with technology acquisitions. Kohl’s sees Q4 sales down but earnings to top Street; cites gaining momentum Kohl's Corp. reported better-than-expected earnings and strong digital sales in a preliminary look at its fourth-quarter performance. First Previous 252 253 254 255 256 Next Last
