Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and Read more
Tag: Clothing Stores
Retail analysts foresee holiday-season sales growth. Now we’ll hear from retailers themselves.
Even as price increases squeeze shoppers, analysts expect holiday-season sales to increase this year. With Walmart Inc., Target Corp. and discounters TJX Cos. and Ross Stores Inc. reporting results in Read more
What’s next for Kohl’s as CEO departs to join Levi’s?
In a week when its CEO Michelle Gass announced she is leaving to join Levi Strauss & Co., Kohl’s stock is up — but what’s next for the department-store chain? Read more
Kohl’s CEO loss is Levi Strauss’s gain, says retail expert
Tuesday’s announcement that Kohl’s Corp. CEO Michelle Gass is stepping down to join Levi Strauss & Co. is great news for the clothier best known for its blue jeans, according Read more
Kohl’s CEO Gass steps down to join Levi’s
Kohl’s Corp. CEO Michelle Gass is stepping down to join Levi Strauss & Co. as president. She’ll also be next in line as the company’s chief executive. In a statement Read more
Kohl’s CEO Gass steps down to join Levi’s
Kohl’s Corp. CEO Michelle Gass is stepping down to join Levi Strauss & Co. as president. She’ll also be next in line as the company’s chief executive. In a statement Read more
Primark parent Associated British Foods lifts dividend, announces £500 million share buyback program
Associated British Foods PLC said Tuesday that pretax profit for fiscal 2022 rose on robust pricing amid a normalization of customer behavior, and raised its dividend payout and launched a Read more
Zalando confirms annual targets after posting higher revenue of $2.31 billion
Zalando SE confirmed its targets for the year after posting higher revenue for the third quarter even as consumers shopped less due to elevated inflation and recession risks, but said Read more
Next revenues inch higher in Q3 as lower temperatures boost sales
Next PLC NXT, +3.00% said Wednesday that full-price sales in the third quarter of fiscal 2023 rose slightly, and backed its full-year guidance. The fashion retailer said full-price sales in Read more
ASOS swings to loss, predicts volatile start to 2023
ASOS PLC said Wednesday that it swung to a pretax loss for fiscal 2022 on higher sales costs, and distribution and administrative expenses, and said the business environment remains volatile Read more