Gap Inc. delivered disappointing third-quarter results as COVID-related factory closures and ongoing port congestion led to “significant” product delays.
Nordstrom Inc.’s third-quarter earnings fell short of estimates due to higher labor costs and challenges in its off-price Rack division, whose sales fell from pre-pandemic levels.
A company that creates digital marketing and e-commerce programs for malls did a survey of 569 American consumers and found that they’re hankering for digital connections to their favorite shopping centers.