News

Nordstrom in big pay milestone — and is near another one as well

Nordstrom has achieved 100% pay equity.
Office Depot swings to loss in Q2 but still beats Street

Office Depot’s ongoing transformation to a more business-services oriented company continues to be a drag on its bottom line, even as the company managed to beat analysts’ expectations.
Tiffany & Co. to expand footprint in South Asia

Tiffany & Co. is expanding its focus on Asia by entering a new market.
More Sears, Kmart stores on chopping block — and others may follow

The bleeding isn’t over for Sears and Kmart.
Barneys lands new lenders for better financing

Barneys New York has secured new financing to continue operations as it looks for a white knight.
CVS slowing down store expansion

CVS Health Corp. posted strong second-quarter earnings that easily beat Street estimates and raised its earnings forecast as it starts to reap the benefits of its acquisition of health insurer Aetna Inc.
Group warns that new tariffs on tech goods would carry a high cost

The consumer technology industry is sounding the alarm about the Trump administration’s plans to impose new 10% tariffs on imported Chinese products.
Walgreens to close 200 U.S. stores

Walgreens Boots Alliance is reducing its footprint in the United States by about 3%.