Macy’s on Thursday posted growth across the company in its second fiscal quarter and raised its guidance as it continues its turnaround. The retailer said overall comparable sales rose 2.7% for the quarter, with comparable sales for its namesake brand up 1.1%. The company said that growth was largely driven by its so-called reimagined stores,…
Shoppers walk past a Lululemon store at a shopping mall on June 21, 2026, in Hong Kong, China. Cheng Xin | Getty Images Shares of Lululemon plunged 20% in premarket trading Friday after the retailer reported another quarter of disappointing results and cut its outlook for the year. The company on Thursday posted a 4%…
A Target store in Los Angeles, California, Aug. 19, 2026. Justin Sullivan | Getty Images Tariff refunds have muddied retailers’ earnings reports in recent weeks as Wall Street struggles to parse through the confusion. Most major retailers applied for refunds after the Supreme Court ruled in February that the International Emergency Economic Powers Act did…
Gap on Thursday announced a new CEO for its Old Navy banner, effective Nov. 2, as the retailer tries to reinvigorate sluggish sales performance at the brand. Michael Francis, who was appointed the chief customer officer at Old Navy in May, will take over the reins from current CEO Haio Barbeito, who will become an…
A Dick’s Sporting Goods retail store is seen on May 15, 2025 in Austin, Texas. Brandon Bell | Getty Images Dick’s Sporting Goods on Tuesday reported quarterly revenue that missed Wall Street expectations and lowered its outlook for Foot Locker amid what it called a “challenging athletic footwear and apparel marketplace.” The company said Dick’s…
China was once one of the most attractive and fastest-growing markets for many American brands. With its population of more than 1.4 billion people and massive opportunities for businesses, companies were racing to take advantage of the boon that China could offer. But in recent years, some consumer brands, including Nike, Starbucks and General Motors,…
Walmart logo sign is seen in Chicago, Illinois, Aug. 3, 2026. Marcin Golba | Nurphoto | Getty Images Walmart is expected to report fiscal second-quarter earnings before the bell on Thursday and offer its latest read on the health of the U.S. consumer. The retailer, which has been leaning into prioritizing value for its lower-income…
The rising sun illuminates the Target corporate logo on a sign at a store on May 19, 2026, in Jersey City, New Jersey. Gary Hershorn | Corbis News | Getty Images Target is expected to report fiscal second-quarter results Wednesday morning as the retailer offers a window into its turnaround progress under CEO Michael Fiddelke….
Reformation Inc. signage as traders work during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, July 30, 2026. Michael Nagle | Bloomberg | Getty Images Women’s clothing retailer Reformation began trading on the New York Stock Exchange on Thursday, with the…
Nike is planning to cut off thousands of online distributors in China beginning in January as the sneaker giant looks to clean up what’s become a messy digital marketplace and get the region back to growth, the company said Tuesday. Starting next year, Nike’s online footprint will shift primarily to the retailer’s official website and…
