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Tag: slide

Asda’s Christmas sales slide as shoppers rein in spending | Business

Sales slipped at Asda in the final three months of last year after customers cut back on spending in the run-up to Christmas. The supermarket chain’s clothing line, George, was hit particularly hard. Its food business proved more resilient, with sales of its Extra Special range growing 5% year-on-year. However, this was not enough to …

Asda’s Christmas sales slide as shoppers rein in spending | BusinessRead More

Macy’s (M) reports mixed Q3 2019 earnings, shares slide on sales miss

Macy’s on Thursday reported its first same-store sales decline in two years, casting blame on warmer weather and weak traffic at some shopping malls. Because of the poor results, the department store chain also slashed its full-year outlook. Macy’s stock was last down about 3% after plummeting more than 10% following the earnings release. Here’s …

Macy’s (M) reports mixed Q3 2019 earnings, shares slide on sales missRead More