Under Armour updated its turnaround plan with a new five-year strategy that is banking on its international and direct-to-consumer businesses to put the company back on track in the long-term.
Technology improvements, merchandise excellence, a seamless, omnichannel experience, and a $10 billion stock repurchase plan are priorities as Lowe's heads into the new year.
Despite strong back-to-school and fall seasons that helped American Eagle Outfitters hit its first $1 billion third quarter, the company is hedging its bets for the upcoming fourth quarter.
Retailers in malls, shopping centers, and streets will see a 49% lift in foot traffic on Dec. 15, contributing to a 14% year-over-year increase in Christmas traffic, according to a report from Foursquare.
The parent company of such brands as Ann Taylor, Lane Bryant and Dressbarn started its fiscal year on a high note, fueled by strong sales at Ann Taylor, Loft and Justice.