How digitally native companies like Rothy's are growing profitably in a new era for retail
Direct-to-consumer footwear brand Rothy's just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the...
Read MoreCarla Vernón
Company: The Honest CompanyTitle: Board Director & CEOIndustry: Consumer productsNotable in 2024: Vernón brought renewed focus on brand maximization...
Read MoreHome Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak
Home Depot on Tuesday topped Wall Street's quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand...
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The US ramped up arms exports by more than 50% in 2023, cutting into Russia's own weapons trade: Politico
The US' arms exports increased by 50% last year, Politico reported, citing State Department data. Russia's invasion of Ukraine helped increase US...
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It's almost impossible for first-time buyers to afford a home, top analyst says
It's virtually impossible for first-time buyers to afford a home today, says Mark Zandi of Moody's. The surge in house prices and mortgage rates...
Read MoreTarget strikes deal with sportswear brand Champion, as it tries to rev up apparel sales
Target will soon have another brand to dangle as the discounter tries to convince more shoppers to buy clothing and other discretionary merchandise...
Read MoreTJ Maxx parent company says it will benefit from chaotic market conditions after strong holiday
TJX Cos. on Wednesday posted a better-than-expected holiday quarter driven entirely by customer transactions, indicating the off-price giant is still...
Read MoreLowe's beats Wall Street expectations as it starts to break out of sales slump
Lowe's topped Wall Street's quarterly earnings and revenue expectations on Wednesday and said its sales slump should end in the year ahead. The home...
Read MoreLear Profits Jump; Piper Plant to Close
Lear Siegler Inc. reported a 25% jump in net income on sharply higher sales in its second quarter on Wednesday and announced that it would shut down...
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LVMH earnings highlight uneven recovery in the luxury goods sector
LVMH posted subdued quarterly results due to continued weakness in the fashion and leather goods segment. The results slightly exceeded analysts'...
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