Victoria’s Secret tops Street but sees downturn ahead; to launch tween brand Supply chain challenges, inflation and global headwinds put a damper on Victoria’s Secret outlook for the year even as it reported fourth-quarter earnings and sales that beat analysts’ estimates. Abercrombie & Fitch return to profitability; to open 50 stores Abercrombie & Fitch ended a strong year with a drop in net income amid inventory delays and fallout from Omicron. Amazon closing 68 physical stores in U.S., U.K. Amazon is trimming back its physical footprint by eliminating a couple of its brick-and-mortar banners. Walmart unveils virtual fitting rooms Walmart is offering customers a “real life”-type clothes try-on experience — virtually. Circle K partnership with online grocer includes investment Circle K is taking a financial stake in online grocer Farmstead as the two companies partner to explore distribution and fulfillment opportunities. Asos to increase focus on customers with Microsoft Cloud A U.K.-based online fashion retailer with a global presence intends to become more customer-focused and data-driven. Foot Locker shifting vendor mix: less Nike, more DTC; opening more off-mall stores Foot Locker expects its revenue to fall this year as it expects it will no longer be able to sell as many products from its top vendor, Nike. Etsy soars in Q4; raising seller transaction fee Etsy ended the year with top- and bottom-line results ahead of expectation. Survey: E-commerce is full of problems A new survey reveals that virtually all online shoppers report at least an occasional issue with their experience. Wayfair swings to loss in Q4 as sales fall Wayfair Inc. reported disappointing fourth-quarter revenue and earnings and a decline in active customers. First Previous 103 104 105 106 107 Next Last
