Kohl’s called off talks over its $8 billion sale to Franchise Group…
Browsing Tag
Sales Figures
45 posts
Micron Issues Muted Sales Forecast On Demand Weakness
Memory-chip maker Micron Technology issued a subdued revenue outlook, spooking investors even…
RH Shares Tumble as Furniture Retailers Grapple With Slower Spending
Furniture sellers are preparing for a sharp downturn in consumer spending this…
Walgreens Shifts Into Recession Mode as Covid Boom Fades
Walgreens Boots Alliance is bracing for a recession and life after Covid.…
Bed Bath & Beyond CEO Mark Tritton Exits as Sales Plunge
When Mark Tritton took the helm of Bed Bath & Beyond in…
Big-Ticket Goods Orders, Pending Home Sales Point to Steady Demand
Orders for long-lasting goods and the number of houses going under contract…
Consumer Sentiment at Record Low Is Another Ominous Sign for Economy
Consumer sentiment fell to its lowest point on record, reflecting that elevated…
Economy Week Ahead: Housing Blues
A measure of home sales is the highlight of this week’s economic…
Covid Fallout Flattens JD.com’s Online Birthday Bash
SINGAPORE—Chinese online shopping giant JD.com midyear e-commerce extravaganza recorded the slowest sales…
Volkswagen Should Rethink China Presence, Says Union Leader
BERLIN—The head of Germany’s influential metalworker trade union urged Volkswagen to reconsider…
Prices for New Homes in China Slide Further
A decline in Chinese new-home prices accelerated in May, despite efforts by…
U.S. Retail Sales Declined 0.3% in May
Americans’ retail spending declined in May, as consumers felt the pinch from…
Oracle Sales Top Expectations Against Uncertain Economic Backdrop
Oracle sales rose in the latest quarter, soothing concerns about the business-software…
Tesla Cancels Online Job Fairs in China
HONG KONG—Tesla has canceled three of its recruitment live stream events for…
Stitch Fix to Cut About 330 Jobs
Stitch Fix said it would cut about 330 jobs as the personal…
Baby-Formula Shortage Expected to Persist Weeks Longer
Baby formula will remain hard to find until at least mid-July, industry…
Hormel Says Bird Flu to Squeeze Turkey Supply
The rapidly spreading avian influenza outbreak in the U.S. that has led…
Amazon to Close Kindle Bookstore in China
HONG KONG—Amazon Inc. is closing its Kindle digital bookstore in China and…
Victoria’s Secret Is Still a Show-Me Story
It has been 10 months since Victoria’s Secret VSCO 5.75% spun off…
Salesforce Sales Jump 24%, Easing Concerns About Business Demand
Salesforce posted a better-than-expected 24% increase in fiscal first-quarter revenue, easing concerns…