Core retail sales stall in April but are up 28.8% year-over-yearRetail sales in the United States unexpectedly stalled in April as consumers pulled back in certain categories following a sharp increase in March. Dillard’s back in the black; doubles capital spendingDillard’s started off its fiscal year on a positive note. Ralph Lauren to sell Club Monaco to private equity firm Ralph Lauren Corp. is selling Club Monaco as part of its turnaround strategy to focus on its core namesake brands. Walmart adds virtual fitting room amid growing fashion push Walmart is extending its push into fashion as it looks to enhance the customer shopping experience of buying clothes online. McDonald’s raising hourly pay in company-owned restaurants amid tight labor market McDonald’s Corp. is feeling the labor crunch. Gap Inc. to resume stock buybacks Gap Inc. is resuming the share buybacks that it had suspended in March 2020 at the outset of the pandemic. Saks.com gets new financing to fuel growth Sak.com is looking to capitalize on economic recovery and drive growth through a new round of financing. L Brands spinning off Victoria’s Secret, Bath & Body Works into two companies L Brands has opted to spin off Victoria’s Secret rather than sell it. Paper Source to be acquired by Barnes & Noble parent company A British private equity firm is making another U.S. acquisition. Amazon issues $1 billion sustainability bond Amazon is backing up its environmental initiatives with a new $1 billion bond focused on funding projects in five key sustainability areas. First Previous 274 275 276 277 278 Next Last
