Many U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month’s presidential election, which showed a…
Business Analytics
-
-
Business AnalyticsEditor's Choice
Abercrombie expects a strong holiday quarter as growth run continues
Abercrombie & Fitch isn’t giving up its crown anytime soon. The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight…
-
Business AnalyticsEditor's Choice
Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website
Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit…
-
Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a fraudulent…
-
Business AnalyticsEditor's Choice
Kohl’s CEO Tom Kingsbury to step down and be replaced by Michaels CEO Ashley Buchanan
Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down effective Jan. 15.…
-
Business AnalyticsEditor's Choice
Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand
Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion image and position…
-
A federal judge said Monday he may hold an evidentiary hearing next month to help determine whether to approve the sale of conspiracy…
-
Business AnalyticsEditor's Choice
Microsoft 365 working to address potential Outlook and Teams outage
If you’re a Microsoft 365 user, this Monday may have been a little more frustrating for you than usual. The product family of…
-
Business AnalyticsEditor's Choice
Gov. Gavin Newsom says he will provide residents rebates if Trump removes EV tax credit
California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump’s incoming administration does away with a federal…
-
Business AnalyticsEditor's Choice
Macy’s says employee hid up to $154 million in expenses since 2021
Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses over the…