Tag Archives: Shopping malls

What Wall Street expects Tuesday

A woman walks in front of a Peloton store in Manhattan on May 05, 2021 in New York. John Smith | VIEW press | Corbis News | Getty Images Analysts and investors are eager to get to know Peloton Chief Executive Officer Barry McCarthy and have him articulate his vision …

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Peloton shares hit all-time low as pressure mounts ahead of earnings

In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton Interactive shares tumbled to an all-time low Friday as investors lose hope that the connected fitness equipment maker can turn itself around and post a profit, even under …

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Wedding costs surge as pent-up demand, inflation force couples to cut back

Nicole Brandfon and her fiance Adam Alonso are planning a wedding in Colombia, rather than Miami, because it was more affordable. Source: Nicole Brandfon Nicole Brandfon and her fiance, Adam Alonso, will hop on a plane from Florida to South America early next year for a destination wedding. The international trip …

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Under Armour (UAA) reports sales below Wall Street estimates

The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour sees a tough year ahead, roiled by global supply chain challenges and another round of Covid lockdowns in China that are putting a dent in demand. The …

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Wayfair (W) reports Q1 2022 losses

Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair shares tumbled 26% Thursday after the online furniture retailer reported larger-than-expected losses in the first quarter as shoppers scaled back their spending on the home category. Wayfair also announced its chief financial officer, Michael Fleisher, is set to retire early next …

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E-commerce stocks plummet as consumers pull back online spending

The Etsy website Gabby Jones | Bloomberg | Getty Images Shoppers are eager to head back to brick-and-mortar stores, while inflation is stoking fears that consumers are pulling back their spending on some items to still afford the essentials. That combination spells bad news for many e-commerce focused retailers, and …

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Victoria’s Secret takes beauty business to Amazon in wholesale test

Beginning Friday, shoppers will find an assortment of roughly 120 Victoria’s Secret beauty items, including lotions and fragrances, on Amazon. Source: Victoria’s Secret Victoria’s Secret is taking its beauty business to Amazon, marking the lingerie company’s first major tie-up with another retailer to sell its goods. With Friday’s launch, about …

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1-800-Flowers (FLWS) reports fiscal Q3 2022 results

Chris McCann, CEO, 1-800-Flowers Scott Mlyn | CNBC Valentine’s Day wasn’t enough for 1-800-Flowers last quarter. Shares of the company, at one point halted for volatility, tumbled 17% Thursday morning, after the online retailer reported fiscal third-quarter results below analysts’ expectations and slashed its outlook for the year amid heightened …

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Retail and consumer IPOs, M&A activity slowing amid inflation: KPMG

People shop at a grocery store in Monterey Park, California, on April 12, 2022.  Frederic J. Brown | AFP | Getty Images Supply chain headaches, surging interest rates and the war in Ukraine have combined to stifle IPOs and deal-making in the consumer and retail sectors so far this year. …

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American Eagle pitches internal supply chain platform to retail rivals

Shekar Natarajan is chief supply chain officer of American Eagle Outfitters. He joined the retailer in 2018. Source: Julie Stapen Photography American Eagle wants to be more like Amazon. Not to get in the business of selling everything from shoes to pet food to toilet paper. But to master a …

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