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Tag: lowers

GameStop holiday sales plummet; lowers forecast

Get great content like this right in your inbox. Subscribe The holiday season brought no cheer to GameStop. The beleaguered retailer reported that its total global sales plunged 27.5% to $1.83 billion for the nine-week holiday period ended January 4, 2020. Same-store sales fell 24.7%. GameStop said its holiday results were indicative of overall industry …

GameStop holiday sales plummet; lowers forecastRead More

GameStop holiday sales plummet; lowers forecast

Get great content like this right in your inbox. Subscribe The holiday season brought no cheer to GameStop. The beleaguered retailer reported that its total global sales plunged 27.5% to $1.83 billion for the nine-week holiday period ended January 4, 2020. Same-store sales fell 24.7%. GameStop said its holiday results were indicative of overall industry …

GameStop holiday sales plummet; lowers forecastRead More

Kohl’s lowers outlook as holiday same-store sales fall

Get great content like this right in your inbox. Subscribe Kohl’s Corp. joined Macy’s and J.C. Penney in reporting a decline in holiday same-store sales. The retailer reported that its comparable sales for the holiday period (fiscal November and December) decreased 0.2% amid weakness in women’s apparel. Based on its holiday sales performance, Kohl’s said …

Kohl’s lowers outlook as holiday same-store sales fallRead More

Kohl’s lowers outlook as holiday same-store sales fall

Get great content like this right in your inbox. Subscribe Kohl’s Corp. joined Macy’s and J.C. Penney in reporting a decline in holiday same-store sales. The retailer reported that its comparable sales for the holiday period (fiscal November and December) decreased 0.2% amid weakness in women’s apparel. Based on its holiday sales performance, Kohl’s said …

Kohl’s lowers outlook as holiday same-store sales fallRead More

L Brands lowers guidance as Victoria’s Secret drags down holiday performance

Get great content like this right in your inbox. Subscribe L Brands’ sales fell in the crucial holiday shopping season amid the ongoing decline of its signature Victoria’s Secret brand.  The company reported net sales of $3.9 billion for the nine weeks ended Jan. 4, 2020, compared to net sales of approximately $4.1 billion in …

L Brands lowers guidance as Victoria’s Secret drags down holiday performanceRead More