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Tag: cites

Hasbro shares soar as CEO cites ‘great demand’ for toys

Hasbro stock was soaring Monday morning after CEO Brian Goldner told CNBC that the company was experiencing strong demand during the coronavirus pandemic.  “Overall we are seeing great demand in our products,” Goldner said on “Squawk Box.” “In fact, our supply chains are back up and running in China,” he added.  Shares of Hasbro were up more …

Hasbro shares soar as CEO cites ‘great demand’ for toysRead More

Bose in big store closing move; cites ‘dramatic’ shift online

Get great content like this right in your inbox. Subscribe High-end audio equipment maker Bose plans to dramatically reduce its brick-and-mortar footprint. The company plans to close its 119 stores in North America, Europe, Japan and Australia during the next several months.  Bose cited the “dramatic shift to online” in specific markets as the reason …

Bose in big store closing move; cites ‘dramatic’ shift onlineRead More

Bose in big store closing move; cites ‘dramatic’ shift online

Get great content like this right in your inbox. Subscribe High-end audio equipment maker Bose plans to dramatically reduce its brick-and-mortar footprint. The company plans to close its 119 stores in North America, Europe, Japan and Australia during the next several months.  Bose cited the “dramatic shift to online” in specific markets as the reason …

Bose in big store closing move; cites ‘dramatic’ shift onlineRead More

Bose in big store move; cites ‘dramatic’ shift online

Get great content like this right in your inbox. Subscribe High-end audio equipment maker Bose plans to dramatically reduce its brick-and-mortar footprint. The company plans to close its 119 stores in North America, Europe, Japan and Australia during the next several months.  Bose cited the “dramatic shift to online” in specific markets as the reason …

Bose in big store move; cites ‘dramatic’ shift onlineRead More

J.C. Penney narrows loss but sales continue to fall; cites turnaround ‘progress’

J.C. Penney put a positive spin on another tough quarter and even boosted its full-year profit outlook. The embattled department store chain reported that its net loss narrowed to $93 million, or 29 cents per share, in the quarter ended Nov. 3, from $151 million, or 48 cents a share, in the year-ago period. Excluding …

J.C. Penney narrows loss but sales continue to fall; cites turnaround ‘progress’Read More

Report: Rent the Runway cites warehouse system in service issues

Get great content like this right in your inbox. Subscribe The fashion rental pioneer is reportedly facing widespread complaints of late and missed deliveries. According to an article original published Sept. 24 on Recode, within the past week or so hundreds of customers have been posting about canceled deliveries and three-hour-plus customer service wait times …

Report: Rent the Runway cites warehouse system in service issuesRead More