Category: Market Trends
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Target is back to its ‘cheap chic’ roots, but the retailer has to keep the momentum going
When Cornell walked investors and analysts through his plan, he said 2017 and 2018 would be about investing and 2019 would be centered around returning to stability and growth . … ›
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California prepares for a new war over soda taxes – and it could spill over into the 2020 election
A proposed ballot measure backed by California doctors to tax sugary drinks was given the nod by the state to start collecting signatures to … ›
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Papa John’s could close up to 250 stores if sales do not improve in the next six months
So far in the third quarter, same-store sales are estimated to be down 10 to 11 percent. Between 150 and 250 restaurants in noncore markets … ›
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American Eagle plans 50 to 80 new Aerie stores
Although executives called out its online sales as particularly strong, the company is also expanding its brick-and-mortar footprint, with … ›
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As Barnes & Noble struggles to find its footing, the founder takes the heat
Barnes & Noble — is floundering, the publishing industry that depends on it is worried, and Mr. Riggio has nobody to turn to but … ›
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McDonald’s CEO worries trade war with China is slowing foot traffic there
A drop in foot traffic at McDonald's restaurants in China in recent months has CEO Steve Easterbrook worried that the trade war between the … ›
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Amazon sales grew by $15 billion year over year — and its peers don’t even come close to that level of growth
Amazon posted sales numbers that grew by $15 billion year over year when it reported second-quarter earnings Thursday . Its peers in retail … ›
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Why 149 year-old Campbell Soup is at a crossroads
The soup company is undergoing an operational review that will assess the entirety of its portfolio. While a "no sacred cows" approach has … ›
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Toys R Us workers press investors for hardship fund
Toys R Us workers who lost their jobs when the heavily indebted retailer collapsed are talking to two buyout firms about a possible hardship … ›
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FreshDirect takes aim at Amazon and Walmart with new fulfillment center
Northeast e-grocer FreshDirect has opened a new facility in the South Bronx that aims to deliver grocery orders faster and more efficiently. … ›