In January, Walmart (NYSE: WMT) caught many investors’ attention when it announced plans to split its stock. Although the company has conducted multiple stock splits in the past, its most recent was nearly 25 years ago. However, Walmart’s biggest news of 2024 so far has nothing to do with its 3-for-1-stock split. The company’s most […]
LOS ANGELES – For a while, they looked to be the future of shopping. Grocery stores, home improvement stores and retail chains were all making room for those blinking green lanes of sweeping, modern shopping convenience (or so they said) – the self-checkouts where you become cashier and bagger. If you’ve ever visited Target on […]
(Bloomberg) — Carvana Co. topped Wall Street’s profit expectations in the final months of 2023 and said it expects improved earnings this quarter, sending its shares up as the used-car retailer defies the challenges of high interest rates and inflation. Most Read from Bloomberg Adjusted earnings before interest, taxes, depreciation and amortization were $60 million […]
Last year saw a number of DTC players file for Chapter 11 or shut down entirely. From Forma Brands — the parent company of Morphe, Jaclyn Cosmetics and Bad Habit — to SmileDirectClub, a wave of digitally native companies found themselves in bankruptcy court. And department store Showfields, which once dubbed itself as “the most […]
Dec. 23—VERNON TOWNSHIP — More retail development is slated for next year in Vernon Township. A Jersey Mike’s sub shop franchise and Tobacco King tobacconist’s business will open next to the Dunkin’ donuts and coffee shop at 18184 Conneaut Lake Road. On Friday, D.A.L.R.T spokeswoman Margaret Perkins Noel said the two businesses will be located […]
Two national retailers will open in a $1 billion mixed-use development being built on the site of a former strip mall turned county office building near downtown Greenville. Pottery Barn and Williams Sonoma will join Whole Foods Market as anchors, in the development’s entertainment district, developer RocaPoint Partners recently announced. The 37-acre site, also a […]
Green Monday signals last day some online retailers can guarantee gifts arrive by Christmas – CBS News Watch CBS News Ever heard of Green Monday? It falls on the second Monday of December and is considered the unofficial cut-off day that some retailers give online shoppers if they want their purchases to arrive before Christmas. […]