Best Products at Best Prices

0$0.00

No products in the cart.

Tag: Stitch Fix Inc

Forever 21 among bankruptcies that rocked the retail industry in 2019

A Barney’s store stands in lower Manhattan on August 06, 2019 in New York City. Barneys, one of America’s most exclusive clothing stores, has filed for bankruptcy. Spencer Platt | Getty Images 2019 brought with it more retail bankruptcies. And the implications have been more store closures, thousands of lost jobs and an vastly different …

Forever 21 among bankruptcies that rocked the retail industry in 2019Read More

Stitch Fix CEO on future of company as shares soar on strong quarter

Stitch Fix is finding success in an evolving retail landscape because its business embodies the new consumer preference, CEO Katrina Lake told CNBC on Tuesday. “Today people want to be treated like unique individuals and they want to be respected for their preferences,” Lake said on “Squawk Alley.” “And I think our model is really …

Stitch Fix CEO on future of company as shares soar on strong quarterRead More

Sears, Walgreens among retailers that closed stores in 2019

Micah Young | E+ | Getty Images 2019 has been a record year for store closures in retail. In the U.S., retailers this year have announced plans to shut more than 9,300 locations. That’s up more than 50% from the total announced closures in 2018, which amounted to 5,844, Coresight said. Previously, the record was …

Sears, Walgreens among retailers that closed stores in 2019Read 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