FedEx’s bleak warning could reflect global economy − and company’s own shortcomings
A FedEx worker makes a delivery on September 16, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images FedEx warned of weakening global shipping...
Walmart Inc
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Why Target Canada was a massive failure
Target’s entry into the Canadian market in 2013 was its first foray in international expansion. A combination of extensive renovation needs, a flawed merchandising system,...
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What to expect when Costco reports earnings after the closing bell Thursday
What to expect when Costco reports earnings after the closing bell Thursday Source: CNBC
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Walmart plans to hire 40,000 workers for the holiday season
A Walmart worker organizes products for Christmas season at a Walmart store in Teterboro, New Jersey. Eduardo Munoz | Reuters Walmart announced Wednesday that it...
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Walmart unveils virtual fitting room to push shoppers to buy more clothes
Walmart is rolling out its latest version of virtual try-on, which allows shoppers to upload an image of themselves and see how items would look....
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Costco CEO predicts inflation’s turning point, explains how retailer keeps prices so low
Costco CEO predicts inflation’s turning point, explains how retailer keeps prices so low Source: CNBC
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Holiday shopping season expected to be muted as inflation squeezes shoppers
Shoppers hold hands at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Retailers are scrambling to prepare...
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American Eagle joins list of clothing retailers reporting bleak earnings
American Eagle clothing and accessories retailer American Eagle store seen in Tokyo. Budrul Chukrut | SOPA Images | Light Rocket | Getty Images American Eagle...
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Where Walmart, Amazon and Target are spending billions in a slowing economy
A Walmart employee loads up a robotic warehouse tool with an empty cart to be filled with a customer’s online order at a Walmart micro-fulfillment...
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Inflation fears spur shoppers to get an early jump on the year-end holidays
Inflation is a Scrooge. Although the holiday season is still months away, consumers are already concerned about how they will afford this year’s gifts as...
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Target CEO Brian Cornell to stay on for three more years, as company scraps retirement age
Brian Cornell, Chairman and Chief Executive Officer of the Target Corporation. Anjali Sundaram | CNBC Target CEO Brian Cornell has agreed to stay on in...
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Bed Bath & Beyond taps chief accounting officer as interim CFO after executive’s suicide
Bed Bath & Beyond on Tuesday said it tapped its chief accounting officer, Laura Crossen, as interim finance chief after CFO Gustavo Arnal died Friday....