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Tag: Kohl's Corp

Under Armour ‘lost it many years ago’

The founder of leggings maker Lululemon thinks the market for athletic apparel today is a four-way race between Nike, Adidas, Lululemon and Chinese apparel manufacturer Anta Sports. Notice what company isn’t on that list? Under Armour. “I think Under Armour kind of lost it many years ago,” Lululemon founder Chip Wilson, who is no longer …

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Retail stocks that could have a strong 2020

Some of the most beaten-down names in retail might end up being your best bets in 2020. That’s not to say there still isn’t reason to be wary about some of these companies. You’re taking a risk when you invest in a struggling business, especially in the challenged retail industry, which has faced management shakeups, …

Retail stocks that could have a strong 2020Read More

How department stores lost their clout in the beauty industry

Pedestrians pass in front of an Ulta Beauty store in New York. Gabby Jones | Bloomberg | Getty Images In the beauty business, there’s been a changing of the guard over the past decade. Social media has bolstered the success of specialty stores and cultivated a number of billion-dollar upstart beauty brands that are going …

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Online returns this holiday season to hit record $41.6 billion

‘Tis the season for giving gifts and then returning that sweater your mom gave you that didn’t fit. The new normal for many consumers is buying gifts from the comfort of the couch. And as online sales continue to grow, the amount of items that people are returning during the holidays only continues to grow …

Online returns this holiday season to hit record $41.6 billionRead More

How Google uses A.I. to help boost profits from online shopping

Artificial intelligence can help businesses make more money from online shopping, Carrie Tharp, Google Cloud’s head of retail, told CNBC on Monday. “We’re helping retailers with Google A.I. to help drive their ability to do promotions, recommendations, improve their margins with dynamic pricing,” Tharp said on “Squawk Alley.” “So it’s really helping that retail C-suite …

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Best Buy and Target persist as other retailers lose to Amazon

A Target store in Culver City, California. Mark Ralston | AFP | Getty Images A lot of traditional retailers will lose in the battle against Amazon, David Berman, founder of Durban Capital, said Friday on “Squawk Alley.” But Target and Best Buy seem safe for now. “You are seeing outliers like Target and Best Buy,” …

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Black Friday shoppers spend record $7.4 billion

A group of Black Friday online shopping purchases photographed in delivery boxes filled with polystyrene packing pellets, taken on September 13, 2019. Future Publishing | Future | Getty Images Black Friday shoppers spent $7.4 billion online, the second largest Internet shopping day ever, according to data compiled by Adobe Analytics. The $7.4 billion marked the …

Black Friday shoppers spend record $7.4 billionRead More

Shoppers might not be flocking to stores on Black Friday. But they’re still spending

This Black Friday, fewer shoppers are flocking to the mall to snag discounted clothing and electronics. Some stores looked eerily sparse. But that doesn’t necessarily mean spending is going to be weak this holiday season. It’s simply a sign of a fundamental shift happening in the retail industry: More purchasing is moving online. Shoppers already …

Shoppers might not be flocking to stores on Black Friday. But they’re still spendingRead More

Black Friday may not save retail, but some e-commerce plays are buys

Retail has had a rough year. One of the worst-performing groups in the stock market for 2019, retail stocks have had difficulty mitigating the effects of the ongoing U.S.-China trade war and consumers’ shifting shopping preferences, with names like Macy’s and Gap notching double-digit losses for the year. The SPDR S&P Retail ETF, also known …

Black Friday may not save retail, but some e-commerce plays are buysRead More