Layer3.news

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KOHL'S NAMES NEW CEO AS IT SEEKS TO MOVE PAST LEADERSHIP TURMOIL

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✍️ Kohl's appoints Michael Bender as its permanent CEO, aiming to reverse a long-term sales slump and move beyond a leadership scandal.

👉 Kohl's appoints Michael Bender as its permanent CEO 👉 Bender replaces Ashley Buchanan, who was fired due to a leadership scandal 👉 The company is struggling to reverse a long-term sales slump 👉 Kohl's is navigating a challenging economic environment, including tariffs rolled out by the Trump administration

-- #MichaelBender #AshleyBuchanan #TomKingsbury #MichelleGass #JohnSchlifske #NeilSaunders #Wisconsin #MenomoneeFalls #business

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Michael Bender Ashley Buchanan Tom Kingsbury Michelle Gass John Schlifske Neil Saunders Wisconsin Menomonee Falls

11/24/2025

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STRUGGLING MALL RETAILER CLOSES STORES, SHARES TURNAROUND PLAN

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✍️ American consumers have not abandoned malls, with foot traffic to indoor malls, open-air shopping centers, and outlet malls rising significantly in October 2025, according to data from Placer.ai.

👉 Foot traffic to indoor malls, open-air shopping centers, and outlet malls rose significantly in October 2025 👉 Every type of mall saw a traffic rebound in October 👉 Bath & Body Works is moving its stores outside of mall locations, closing dozens of stores as part of that process 👉 The chain is opening new, more modern stand-alone stores (not in malls) 👉 Bath & Body Works has a turnaround plan to revitalize the brand, product, and marketplace

-- #WendyC.Arlin #DanielHeaf #SucharitaKodali #JohnMorris #NeilSaunders #Connecticut #SanAntonio #retail

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Wendy C. Arlin Daniel Heaf Sucharita Kodali John Morris Neil Saunders Connecticut San Antonio retail

11/22/2025

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HOME DEPOT BLAMES ITS RECENT SALES SLUMP ON A MAJOR FUNK IN THE HOUSING MARKET: ‘OUR CUSTOMERS ARE HOMEOWNERS’

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✍️ Home Depot's CEO Ted Decker attributed the company's third-quarter earnings miss to a decline in home improvement demand due to economic uncertainty and homeowners delaying projects.

👉 Home Depot missed Wall Street expectations for the third consecutive quarter 👉 Home improvement demand declined due to economic uncertainty and homeowners delaying projects 👉 The housing market is experiencing historic stagnation 👉 Mortgage rates remain stuck between 6% and 7% in recent years 👉 Home Depot revised its fiscal 2025 outlook downward, anticipating a 5% decline in adjusted earnings per share

-- #TedDecker #RichardMcPhail #MonicaGuerra #NeilSaunders #business

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Ted Decker Richard McPhail Monica Guerra Neil Saunders business mainstream:perspective

11/21/2025

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HOME DEPOT, LOWE’S CUT PROFIT GUIDANCE AS HOUSING MARKET REMAINS PRESSURED

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✍️ The Home Depot and Lowe's reported mixed third-quarter results, with Home Depot's sales missing expectations due to a lack of storm activity, while Lowe's saw growth in pro sales and online sales.

👉 The Home Depot's Q3 results missed expectations due to a lack of storm activity 👉 Lowe's saw growth in pro sales, home services, and online sales 👉 Both retailers updated their full-year outlooks, lowering their profit forecasts 👉 The professional customer cohort is a focus area for both retailers

-- #TedDecker #NeilSaunders #BillyBastek #business

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Ted Decker Neil Saunders Billy Bastek business mainstream:perspective

11/20/2025

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A TALE OF TWO CEO SUCCESSIONS: WALMART’S CLEAN BREAK VS. TARGET’S MUCH-CRITICIZED TRANSITION

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✍️ Target CEO Brian Cornell and Walmart CEO Doug McMillon have announced their departures, with Cornell's successor, Michael Fiddelke, facing criticism for being an insider and not having a clear plan to turn around the company.

👉 Target CEO Brian Cornell and Walmart CEO Doug McMillon have announced their departures 👉 Cornell's successor, Michael Fiddelke, is an insider and lacks a clear plan to turn around the company 👉 Walmart has been successful under McMillon's leadership, with revenue rising nearly $200 billion and shares up 300% 👉 Target has struggled under Cornell's leadership, with revenue declining and shares up only 60% 👉 Analysts are skeptical about Fiddelke's ability to turn around Target

-- #BrianCornell #DougMcMillon #MichaelFiddelke #JohnFurner #OliverChen #JohnZolidis #NeilSaunders #JeffreySonnenfeld #StevenTian #Minneapolis #WalmartCenter #business

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Brian Cornell Doug McMillon Michael Fiddelke John Furner Oliver Chen John Zolidis Neil Saunders Jeffrey Sonnenfeld

11/20/2025

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MIDDLE-CLASS SHOPPERS ARE PULLING BACK, SENDING ALARMS THROUGH THE RETAIL INDUSTRY: 'THERE ARE SIGNS OF REAL DISTRESS ON THE WAY'

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✍️ Home Depot missed forecasts as middle-class shoppers pulled back on big projects due to milder weather and housing pressures.

👉 Home Depot missed forecasts due to weakening sales growth 👉 Middle-class shoppers are pulling back on big projects 👉 Milder weather and housing pressures affected demand 👉 Analysts warn of a 'soft to softer' consumer backdrop heading into winter

-- #TedDecker #BrianW.Nagel #NeilSaunders #ChrisKempczinski #ChadLusk #SebastianSiemiatkowski #business

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Ted Decker Brian W. Nagel Neil Saunders Chris Kempczinski Chad Lusk Sebastian Siemiatkowski business mainstream:perspective

11/20/2025

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WALMART'S CEO RETIRES: HOW DOUG MCMILLION TRANSFORMED THE RETAIL GIANT

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✍️ Walmart CEO Doug McMillon is set to retire and be replaced by John Furner, leaving a legacy of significant growth and transformation at the company.

👉 Walmart's brand value has more than tripled under McMillon's leadership 👉 Walmart is now the fifth most valuable brand in the world 👉 Walmart's stock price has risen by 310% 👉 Walmart has become a stronger brand with a AAA rating and a score of 84.7/100

-- #DougMcMillon #JohnFurner #DavidHaigh #NeilSaunders #KavehVahdat #LouisaLoran #ShawnCole #business

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Doug McMillon John Furner David Haigh Neil Saunders Kaveh Vahdat Louisa Loran Shawn Cole business

11/16/2025

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WALMART CEO DOUG MCMILLON TO RETIRE, JOHN FURNER TO SUCCEED

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✍️ Walmart CEO Doug McMillon will retire on January 31, and John Furner will succeed him as CEO, effective February 1.

👉 Doug McMillon will retire as Walmart CEO on January 31 👉 John Furner will succeed McMillon as CEO, effective February 1 👉 Furner has been with Walmart since 1993 and has served as Walmart U.S. President and CEO since 2019 👉 McMillon will remain on the board until June and serve as an adviser to Furner through January 2027

-- #DougMcMillon #JohnFurner #BrianCornell #MichaelFiddelke #MichaelLasser #JoeFeldman #NeilSaunders #business

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Doug McMillon John Furner Brian Cornell Michael Fiddelke Michael Lasser Joe Feldman Neil Saunders business

11/15/2025

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WHY BLACK FRIDAY DISCOUNTS COULD BE STINGIER THIS YEAR

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✍️ Businesses are facing a tough decision this holiday season: offering discounts or charging full price, as higher tariffs on imports are increasing their costs.

👉 Higher tariffs on imports are increasing costs for businesses 👉 Small retailers are struggling to decide whether to offer discounts or charge full price 👉 Retail experts predict fewer and less generous discounts this year 👉 Businesses are trying to preserve their profits by being more selective in their discounting

-- #LisaChengSmith #NeilSaunders #DanPeskorse #SoniaLapinsky #GregoryDaco #AlainSherter #NewYorkCity #Taiwan #China #India #business

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Lisa Cheng Smith Neil Saunders Dan Peskorse Sonia Lapinsky Gregory Daco Alain Sherter New York City Taiwan

11/14/2025

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AMAZON CUTS 14,000 CORPORATE ROLES AS AI, COST FOCUS RESHAPE WORKFORCE

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✍️ Amazon is planning to cut up to 14,000 corporate jobs, representing 4% of its 350,000 corporate staff, as part of a cost-cutting effort.

👉 Amazon is planning to cut up to 14,000 corporate jobs, representing 4% of its 350,000 corporate staff. 👉 The company is focusing on reducing expenses and reversing overhiring that occurred during the peak demand of the Covid-19 pandemic. 👉 Amazon is making a massive bet on AI this year, with the company forking over $100 million in capital expenditures in 2025. 👉 The company plans to hire 250,000 people across its fulfillment and delivery network for the holiday season, but it's unclear how many of these staffers will be permanent hires.

-- #AndyJassy #JeffBezos #BethGaletti #NeilSaunders #BrianCornell #business

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Andy Jassy Jeff Bezos Beth Galetti Neil Saunders Brian Cornell business mainstream:perspective

10/29/2025

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AMAZON TO LAY OFF 14,000 CORPORATE EMPLOYEES AS SPENDING ON ARTIFICIAL INTELLIGENCE ACCELERATES

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✍️ Amazon is cutting about 14,000 corporate jobs as it ramps up spending on artificial intelligence and cuts costs elsewhere.

👉 Amazon is cutting about 14,000 corporate jobs 👉 The company is investing heavily in artificial intelligence 👉 The job cuts are part of a broader effort to reduce costs and increase efficiency 👉 Affected employees will receive transitional support, including severance pay, outplacement services, and health insurance benefits

-- #AndyJassy #BethGaletti #NeilSaunders #NorthCarolina #Mississippi #Indiana #Ohio #business

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Andy Jassy Beth Galetti Neil Saunders North Carolina Mississippi Indiana Ohio business

10/28/2025

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TARGET CUTS 1,800 JOBS IN WHAT IT DEEMS ‘A NECESSARY STEP’

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✍️ Target is laying off about 1,000 corporate staff and closing 800 open roles as part of a larger shift to its global headquarters structure.

👉 Target is laying off about 1,000 corporate staff and closing 800 open roles. 👉 The layoffs represent about 8% of its global headquarters workforce. 👉 Impacted employees will receive pay and benefits until January 3, as well as severance packages. 👉 The move is aimed at reducing corporate complexity and simplifying operations to drive growth.

-- #MichaelFiddelke #BrianCornell #NeilSaunders #business

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Michael Fiddelke Brian Cornell Neil Saunders business mainstream:perspective

10/25/2025

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CAN MACY’S WIN BACK AMERICA? HOW CEO TONY SPRING IS MOVING PAST DENIAL AND EMBRACING CHANGE

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✍️ Macy's new CEO, Tony Spring, is working to turn around the struggling department store chain by focusing on customer service, improving store layouts, and adding new brands.

👉 Macy's new CEO, Tony Spring, is focusing on customer service and improving store layouts 👉 The company is increasing staffing in key areas, such as the women's shoe department and dresses area 👉 Macy's is adding new brands to its stores, including Abercrombie & Fitch's children's business 👉 The company is working to create a more welcoming and hospitable atmosphere in its stores 👉 Macy's is reporting its best comparable sales performance in 12 quarters

-- #TonySpring #NeilSaunders #LosAngeles #NewYorkCity #business

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Tony Spring Neil Saunders Los Angeles New York City business mainstream:perspective

10/19/2025

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7-ELEVEN BETS A JAPANESE MAKEOVER CAN FIX ITS U.S. STORES

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✍️ 7-Eleven, a Japan-based company, is undergoing a major transformation in its over 12,000 stores in the US due to sluggish performance, with a focus on revamping its food business and introducing healthier options.

👉 7-Eleven's US operations are undergoing a major transformation due to sluggish performance 👉 The company is revamping its food business, including adding healthier options and introducing popular items from its Japanese locations 👉 The changes aim to improve profitability and prepare for a potential IPO of its North American convenience store business in 2026 👉 The company is planning to open 1,300 food-focused 'new large format stores' by 2030

-- #LorraineTan #NeilSaunders #StephenDacus #Japan #NorthAmerica #US #business

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Lorraine Tan Neil Saunders Stephen Dacus Japan North America US business mainstream:perspective

10/7/2025

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AT HOME SET TO EMERGE FROM BANKRUPTCY WITH MOST OF ITS STORES

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✍️ At Home, a furniture retailer, has been approved for reorganization and will emerge from Chapter 11 with a lighter debt load and reduced store count.

👉 At Home's reorganization plan has been approved by the U.S. Bankruptcy Court for the District of Delaware 👉 The retailer will eliminate almost all of its $2 billion in funded debt 👉 At Home will have access to an asset-based loan of about $500 million 👉 The retailer will emerge from Chapter 11 owned by a group of its lenders 👉 At Home will have closed about 30 stores, but still run over 230 stores in 39 states

-- #BradWeston #NeilSaunders #PresidentTrump #Delaware #business

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Brad Weston Neil Saunders President Trump Delaware business mainstream:perspective

10/2/2025

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BUILD-A-BEAR CONTINUES TO RACK UP MARKET GAINS, DESPITE TARIFFS AND TEETERING MALL TRAFFIC

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✍️ Build-A-Bear Workshop's shares have risen over 60% since the start of 2025, despite the toy industry's struggles, due to its unique business model and strong store performance.

👉 Build-A-Bear's shares have risen over 60% since the start of 2025 👉 The company's profit has soared to record levels in recent quarters 👉 Build-A-Bear's unique business model focuses on welcoming consumers into its brick-and-mortar stores 👉 The company has raised its financial outlook for the full year despite anticipated costs from tariffs and other headwinds

-- #NeilSaunders #VoinTodorovic #DonaldTrump #NewYork #St.Louis #China #Vietnam #business

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Neil Saunders Voin Todorovic Donald Trump New York St. Louis China Vietnam business

9/25/2025

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BUILD-A-BEAR KEEPS RACKING UP MARKET GAINS, DESPITE TARIFFS, TEETERING MALL TRAFFIC

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✍️ Build-A-Bear Workshop's shares have surged over 60% this year, despite the toy industry's struggles, thanks to its unique business model and strong store performance.

👉 Build-A-Bear's shares have surged over 60% this year 👉 The company's strong store performance and unique business model have driven its success 👉 The toy industry has been struggling due to tariffs and declining mall traffic 👉 Build-A-Bear's focus on welcoming consumers into its stores has set it apart from other retailers 👉 The company is still on track to approach or beat last year's earnings despite anticipated costs from tariffs

-- #NeilSaunders #VoinTodorovic #DonaldTrump #NewYork #St.Louis #China #Vietnam #business

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Neil Saunders Voin Todorovic Donald Trump New York St. Louis China Vietnam business

9/23/2025

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GROWING NUMBER OF AFFLUENT CONSUMERS SHOP AT DISCOUNT STORES. HERE'S WHY.

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✍️ Better-off consumers are flocking to discount stores to save money, with nearly 28% of high-income people shopping at discount chains, up from 20% four years ago.

👉 Nearly 28% of high-income people shop at discount chains, up from 20% four years ago 👉 Inflation has shrunk the financial cushion of middle- and upper-income consumers 👉 Budget retailers like Walmart and Aldi are actively courting more upscale shoppers 👉 Walmart remodels around 650 stores nationwide on an annual basis 👉 Aldi has also tried to make its stores more appealing with bright, clean, and shoppable environments

-- #NeilSaunders #WillAuchincloss #MaryCunningham #business

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Neil Saunders Will Auchincloss Mary Cunningham business mainstream:perspective

9/16/2025

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HOME DEPOT STORES, LONG A HUB FOR DAY LABORERS, NOW DRAW IMMIGRATION AGENTS

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✍️ Immigration agents have been raiding Home Depot parking lots in Los Angeles, targeting day laborers, leading to concerns about civil rights and the impact on local businesses.

👉 Immigration agents have raided Home Depot parking lots in Los Angeles at least five times this summer. 👉 The raids have led to the arrest of some immigrants and the flight of others. 👉 Immigrant advocates have sued over the raids, but the Supreme Court has cleared the way for federal agents to continue conducting sweeping immigration operations. 👉 Home Depot has denied being involved in the immigration enforcement operations. 👉 Some critics argue that Home Depot benefits from having an ample labor pool and should do more to protect its customers and employees.

-- #StephenMiller #KristiNoem #PabloAlvarado #Javier #KarenBass #YsabelJurado #ChrisNewman #NeilSaunders #BernieMarcus #BethMarlowe #Luis #NikTheodore #ElliotSpagat #LosAngeles #VanNuys #Monrovia #Atlanta #Chicago #NewYork #SanDiego #politics

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Stephen Miller Kristi Noem Pablo Alvarado Javier Karen Bass Ysabel Jurado Chris Newman Neil Saunders

9/9/2025

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THE WEEKLY CLOSEOUT: SKECHERS DEAL CLEARS HURDLES WHILE GAP EYES STORE IMPROVEMENT

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✍️ This article summarizes various retail news, including Skechers' acquisition by 3G Capital, Gibson's new chief commercial officer, and Hellmann's mayonnaise-themed jeans.

👉 Skechers' acquisition by 3G Capital 👉 Gibson names Anne Rohosy as chief commercial officer 👉 Hellmann's releases mayonnaise-themed jeans 👉 Petco's net sales decrease 👉 Gap Inc.'s efforts to improve store experience

-- #CesarGueikian #AnneRohosy #JessicaGrigoriou #SabrinaSimmons #JoelAnderson #RichardDickson #NeilSaunders #retail

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Cesar Gueikian Anne Rohosy Jessica Grigoriou Sabrina Simmons Joel Anderson Richard Dickson Neil Saunders retail

9/6/2025

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MACY’S POSTS FIRST SALES GROWTH IN YEARS, BUT TARIFFS CAST A SHADOW

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✍️ Macy's Inc. reports a 2.5% year-on-year net sales decline in Q2, but sees growth across banners, with comps rising nearly 2%.

👉 Macy's Inc. reports a 2.5% year-on-year net sales decline in Q2 👉 Comps rise nearly 2% across banners 👉 Gross margin contracts by 80 basis points to 39.7% 👉 Net income tumbles more than 40% to $87 million 👉 CEO credits improvements at revamped stores, including beefed-up staffing and better storytelling 👉 Private labels contribute to the turnaround

-- #TonySpring #NeilSaunders #TomEdwards #DavidSilverman #business

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Tony Spring Neil Saunders Tom Edwards David Silverman business mainstream:perspective

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DOLLAR TREE TARIFF MITIGATION EFFORTS YIELD RESULTS SOONER THAN EXPECTED

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✍️ Dollar Tree's second-quarter net sales grew 12.3% to $4.6 billion, driven by same-store net sales increase of 6.5% and growth in both traffic and average ticket.

👉 Dollar Tree's second-quarter net sales grew 12.3% to $4.6 billion 👉 Same-store net sales increased 6.5% with growth in both traffic and average ticket 👉 Gross profit jumped 12.9% to $1.6 billion 👉 Gross margin increased 20 basis points 👉 106 new stores opened in the quarter 👉 585 locations converted to multiprice format 👉 Full-year guidance raised to $19.3 billion to $19.5 billion

-- #MikeCreedon #NeilSaunders #StewartGlendinning #business

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Mike Creedon Neil Saunders Stewart Glendinning business mainstream:perspective

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BEST BUY REVENUE GROWS DESPITE ‘TARIFF SITUATION’

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✍️ Best Buy's second quarter revenue grew 1.6% year over year to $9.4 billion, driven by gaming, computing, and mobile phones, despite a decline in net earnings.

👉 Best Buy's second quarter revenue grew 1.6% year over year to $9.4 billion 👉 Domestic revenue improved 0.9% to $8.7 billion 👉 Comparable sales grew 1.1% driven by gaming, computing, and mobile phones 👉 Net earnings declined 36% to $186 million 👉 Domestic gross profit rate dropped slightly from 23.5% to 23.4%

-- #MattBilunas #CorieBarry #NeilSaunders #business

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Matt Bilunas Corie Barry Neil Saunders business mainstream:perspective

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AMERICAN EAGLE SOARS AS TEEN CLOTHING RETAILER EMBRACES SYDNEY SWEENEY FRENZY

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✍️ American Eagle Outfitters' shares surged 31% after the company reported a record-breaking new customer acquisition and brand awareness, driven by its Sydney Sweeney ad campaign.

👉 American Eagle Outfitters' shares surged 31% after the company reported a record-breaking new customer acquisition and brand awareness 👉 The company's CEO, Jay Schottenstein, attributed the success to the campaign's ability to cut across age, demographics, and genders 👉 The campaign sparked a debate about race, Western beauty standards, and the backlash to "woke" American politics and culture 👉 Despite criticism, the company expects comparable-store sales to rise by low single-digit percentages in the third and fourth quarters

-- #SydneySweeney #JaySchottenstein #TravisKelce #NeilSaunders #CraigBrommers #Pittsburgh #Sydney #business

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Sydney Sweeney Jay Schottenstein Travis Kelce Neil Saunders Craig Brommers Pittsburgh Sydney business

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RELIEVED KOHL’S INVESTORS GIVE THE STOCK A 20% BOOST—BUT THE CEO’S PLAN TO GET ‘BACK TO GROWTH’ IS FAR FROM A DONE DEAL

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✍️ Kohl's shares surged 20% after the company reported a better-than-expected adjusted profit, thanks to cost discipline and leaner inventory.

👉 Kohl's shares surged 20% after reporting a better-than-expected adjusted profit 👉 Company's interim CEO, Michael Bender, laid out a three-pronged strategy to win back customers 👉 Renewed focus on petites clothing and jewelry 👉 Revitalizing store brands 👉 Improving in-store experience

-- #MichaelBender #AshleyBuchanan #NeilSaunders #business

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Michael Bender Ashley Buchanan Neil Saunders business mainstream:perspective

8/29/2025

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KOHL’S PINS RECOVERY HOPES ON PRIVATE LABEL

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✍️ Kohl's reports a 5.1% year-over-year decline in net sales and a 4.2% decline in comparable sales in Q2, but sees improvement in gross margin and net income.

👉 Net sales fell 5.1% year over year to $3.3 billion 👉 Comparable sales declined 4.2% 👉 Gross margin expanded by 28 basis points to 39.9% 👉 Net income more than doubled to $153 million 👉 Private label brands outperformed the company overall and improved by 500 basis points from Q1 👉 Kohl's plans to introduce more private label brands and expand its suite of owned brands

-- #MichaelBender #TomKingsbury #AshleyBuchanan #DavidSilverman #NeilSaunders #business

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Michael Bender Tom Kingsbury Ashley Buchanan David Silverman Neil Saunders business mainstream:perspective

8/29/2025

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WALMART RESULTS SHOW CONSUMER RESILIENCE; SHARES DOWN AFTER RECENT RALLY

https://media.zenfs.com/en/reuters-finance.com/a4ca1887f8b91860cc2156cc163b5ae5

✍️ Walmart's quarterly results show that US consumers are still flocking to its stores despite economic headwinds, but shares dipped due to lower-than-expected margins and inventory costs.

👉 Walmart's quarterly results show that US consumers are still flocking to its stores despite economic headwinds 👉 The company's margins fell short of expectations, and inventory costs rose 👉 Total US comparable sales rose 4.6% 👉 Global e-commerce sales jumped 25% during the quarter 👉 The company has seen a surge in online sales, with one-third of deliveries from stores taking three hours or less

-- #DougMcMillon #StevenShemesh #JohnDavidRainey #NeilSaunders #DonaldTrump #Bentonville #Arkansas #NewYork #Bengaluru #business

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Doug McMillon Steven Shemesh John David Rainey Neil Saunders Donald Trump Bentonville Arkansas New York

8/22/2025

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TARGET STRUGGLES AS WARY SHOPPERS PRIORITIZE COST-CUTTING

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✍️ Target's second-quarter earnings report showed sales figures that beat expectations but still marked a year-over-year decline, largely due to the ongoing trade war.

👉 Target's sales figures beat expectations but still marked a year-over-year decline 👉 The decline is attributed to the ongoing trade war 👉 Target's reliance on discretionary spending categories has been impacted 👉 Other retailers like TJX and Walmart have reported stronger sales figures 👉 TJX benefited from its ability to source products through individual deal-hunting buyers 👉 Walmart's pricing power has allowed it to weather tariff shocks

-- #BrianCornell #MichaelFiddelke #R.J.Hottovy #NeilSaunders #business

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Brian Cornell Michael Fiddelke R.J. Hottovy Neil Saunders business mainstream:perspective

8/22/2025

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ANALYSIS-TARGET'S NEW CEO PICK RAISES DOUBTS ABOUT ITS MUCH-NEEDED BRAND REBOOT

https://media.zenfs.com/en/reuters-finance.com/4c182f6c14d801a0bd05fce33afe9fc4

✍️ Target's new CEO Michael Fiddelke faces skepticism from Wall Street, who believes the retailer needs a hard reset on strategy and a fresh perspective.

👉 Target has missed performance marks for many quarters 👉 The retailer needs a hard reset on strategy 👉 New CEO Michael Fiddelke's priorities include reestablishing merchandising authority and improving technology 👉 Analysts question whether Fiddelke has the right approach 👉 Target's lack of clarity on its brand identity is a concern

-- #MichaelFiddelke #JamieMeyers #MichaelLasser #SusannahStreeter #NeilSaunders #NewYork #Bengaluru #SanFrancisco #business

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Michael Fiddelke Jamie Meyers Michael Lasser Susannah Streeter Neil Saunders New York Bengaluru San Francisco

8/22/2025

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TARGET STOCK IS DOWN 64% OVER 4 YEARS—AND INVESTORS WHO WERE ‘HOPING FOR AN EXTERNAL CEO’ ARE DISAPPOINTED BY THE CHOICE OF ITS NEXT LEADER

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✍️ Target CEO Brian Cornell is stepping down after 11 years and will be replaced by Michael Fiddelke, but the company reported another quarter of weak financial results.

👉 Target CEO Brian Cornell is stepping down after 11 years 👉 Michael Fiddelke will replace Cornell as CEO 👉 Target reported a decline in comparable sales for the third year in a row 👉 Analysts say Target has lost its magic touch 👉 New CEO has three main goals: reestablish customer magic, improve customer experience, and use technology more efficiently

-- #BrianCornell #MichaelFiddelke #NeilSaunders #PaulLejuez #business

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Brian Cornell Michael Fiddelke Neil Saunders Paul Lejuez business mainstream:perspective

8/21/2025

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TARGET’S INCOMING CEO MAKES CONSISTENT EXPERIENCES A TOP PRIORITY

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✍️ Target's incoming CEO Michael Fiddelke emphasizes the importance of consistency in store experiences and digital growth, citing the need for a friendly and clean store environment, reliable in-stock rates, and faster delivery.

👉 Fiddelke emphasizes the importance of consistency in store experiences and digital growth 👉 Target has been testing new strategies, such as handling more online order fulfillment in certain stores 👉 The company has been investing in capital expenditures, including new store openings, remodels, and investment in supply chain and technology 👉 Fiddelke believes that the retailer has made progress on improving its operations but sees plenty of work ahead

-- #MichaelFiddelke #JimLee #NeilSaunders #Chicago #business

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Michael Fiddelke Jim Lee Neil Saunders Chicago business mainstream:perspective

8/21/2025

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HOME DEPOT SALES UP NEARLY 5% IN Q2, REAFFIRMS FULL-YEAR OUTLOOK

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✍️ The Home Depot's second-quarter net sales increased 5% year over year, with comparable sales up 1% and operating income up 0.3%

👉 Home Depot's second-quarter net sales increased 5% year over year 👉 Comparable sales grew 1% and operating income increased 0.3% 👉 Company reaffirmed full-year guidance, expecting 2.8% sales growth and 1% comp growth 👉 Analysts predicted higher comp growth, but executives attributed the miss to consumers focusing on smaller projects 👉 Home Depot is building out its offering for its Pro customer base through recent acquisitions

-- #NeilSaunders #business

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8/20/2025

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TARGET CEO BRIAN CORNELL TO STEP DOWN AS COMPANY STRUGGLES WITH POOR SALES NUMBERS

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✍️ Target names its next CEO, Michael Fiddelke, to replace Brian Cornell, who has led the company for 11 years, as the retailer tries to reverse a sales slump and revitalize its reputation.

👉 Target names Michael Fiddelke as its next CEO 👉 Brian Cornell will step down on February 1 👉 Target has struggled with sales slump and reputation issues 👉 Fiddelke has three urgent priorities: merchandising, customer experience, and technology 👉 Target has reported flat or declining comparable sales in nine out of the past 11 quarters

-- #BrianCornell #MichaelFiddelke #StaceyWidlitz #GreggSteinhafel #NeilSaunders #NewYork #Minneapolis #Walmart #Sam'sClub #PepsiCoAmericaFoods #business

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Brian Cornell Michael Fiddelke Stacey Widlitz Gregg Steinhafel Neil Saunders New York Minneapolis Walmart

8/20/2025

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TARGET'S NEW CEO FACES UPHILL TASK TO GAIN INVESTOR CONFIDENCE: QUOTE BOX

https://media.zenfs.com/en/reuters-finance.com/4c9276d432e42be465d22294e2334fe5

✍️ Target's appointment of Michael Fiddelke as CEO did not impress Wall Street analysts, who had hoped for an outsider to revitalize the struggling retailer.

👉 Target's shares tumbled 11% after the announcement 👉 Analysts had hoped for an outsider to bring in fresh ideas and energy 👉 Fiddelke replaces Brian Cornell, who is set to retire 👉 Analysts expressed concerns about the company's struggling performance and lack of momentum

-- #MichaelFiddelke #BrianCornell #SusannahStreeter #MichaelBaker #NeilSaunders #MichaelLasser #JoeFeldman #JuveriaTabassum #AnilD'Silva #Bengaluru #business

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Michael Fiddelke Brian Cornell Susannah Streeter Michael Baker Neil Saunders Michael Lasser Joe Feldman Juveria Tabassum

8/20/2025

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TARGET AND ULTA’S ‘CONSCIOUS UNCOUPLING’

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✍️ Ulta Beauty and Target have ended their shop-in-shops partnership, which debuted in 2021, and will cease operations in August 2026.

👉 Ulta Beauty and Target have ended their shop-in-shops partnership 👉 The partnership will cease operations in August 2026 👉 The companies will continue to deliver a seamless shopping experience and product availability during the transition 👉 The decision is seen as a mutual one, with both companies committed to the transition

-- #GwynethPaltrow #KeciaSteelman #BrianCornell #NeilSaunders #RobertOhmes #retail

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Gwyneth Paltrow Kecia Steelman Brian Cornell Neil Saunders Robert Ohmes retail mainstream:perspective

8/19/2025

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HOME DEPOT'S SALES IMPROVE AS CUSTOMERS STAY FOCUSED ON SMALLER PROJECTS

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✍️ Home Depot's sales improved in its fiscal second quarter, but missed Wall Street's expectations, as consumers focused on smaller projects due to cost concerns and economic uncertainty.

👉 Home Depot's sales increased to $45.28 billion in the second quarter 👉 Sales at stores open at least a year rose 1% 👉 Customer transactions declined less than 1% 👉 Home improvement retailers like Home Depot have been dealing with homeowners putting off bigger projects due to increased borrowing costs and lingering concerns about inflation

-- #NeilSaunders #TedDecker #Atlanta #business

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Neil Saunders Ted Decker Atlanta business mainstream:perspective

8/19/2025

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HOME DEPOT'S SALES IMPROVE AS CUSTOMERS STAY FOCUSED ON SMALLER PROJECTS

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✍️ Home Depot's sales improved in its fiscal second quarter, but missed Wall Street's expectations, as consumers focused on smaller projects due to cost concerns and economic uncertainty.

👉 Home Depot's sales revenue increased to $45.28 billion 👉 Sales at stores open at least a year rose 1% 👉 Comparable store sales in the U.S. increased 1.4% 👉 Customer transactions declined less than 1% 👉 The amount spent per receipt rose to $90.01

-- #NeilSaunders #TedDecker #Atlanta #U.S. #business

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Neil Saunders Ted Decker Atlanta U.S.business mainstream:perspective

8/19/2025

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TAPESTRY’S STRONG GAINS AT COACH TEMPERED BY $855M IN KATE SPADE CHARGES

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✍️ Tapestry Inc. reports a 14% increase in Coach sales, but Kate Spade's sales decline 13% in the fourth quarter, leading to a net loss.

👉 Coach sales increased 14% to $1.4 billion in the fourth quarter 👉 Kate Spade sales declined 13% to $252.6 million in the fourth quarter 👉 Tapestry reported a net loss of $517 million due to asset and goodwill impairment charges 👉 Adjusted earnings were $223 million, beating analyst forecasts 👉 Tapestry's CEO emphasized the success of Coach and the brand's focus on building long-term sustainable growth

-- #JoanneCrevoiserat #ToddKahn #NeilSaunders #business

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Joanne Crevoiserat Todd Kahn Neil Saunders business mainstream:perspective

8/15/2025

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COACH AGAIN DRIVES GROWTH FOR TAPESTRY IN REVENUE, NEW CUSTOMERS

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✍️ Coach led Tapestry Inc. to record sales for its fourth quarter and full fiscal year 2025, with revenue gains of 14% year over year and a 10% year-over-year increase for the fiscal year.

👉 Coach led Tapestry Inc. to record sales for its fourth quarter and full fiscal year 2025 👉 Revenue gains of 14% year over year and a 10% year-over-year increase for the fiscal year 👉 Kate Spade revenue fell 13% and 10% respectively 👉 Tapestry's total fourth-quarter revenue was $1.7 billion, an 8% year-over-year increase 👉 The company experienced a $517.1 million net loss for the period

-- #JoanneCrevoiserat #NeilSaunders #NorthAmerica #Europe #Japan #MiddleEast #GreaterChina #business

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Joanne Crevoiserat Neil Saunders North America Europe Japan Middle East Greater China business

8/15/2025

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DOLLAR GENERAL TAPS UBER EATS TO EXPAND DELIVERY

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✍️ Dollar General partners with Uber Eats to offer delivery service to its customers through 14,000 stores, expanding its delivery network.

👉 Dollar General partners with Uber Eats to offer delivery service to its customers 👉 Partnership expands to 14,000 Dollar General and Popshelf stores 👉 Customers can use Uber Eats app to order food, beverages, and essentials 👉 Uber Eats offers a one-time promotional discount of 40% off on Dollar General and Popshelf orders of $20 or more

-- #TonyRogers #ToddVasos #NeilSaunders #business

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Tony Rogers Todd Vasos Neil Saunders business mainstream:perspective

8/14/2025

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ADIÓS CLAIRE'S: THE ACCESSORIES STORE FILES FOR BANKRUPTCY AND SEEKS A BUYER FOR ITS 800 STORES IN THE US.

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✍️ Claire's, a US-based retail chain, has filed for bankruptcy for the second time, with plans to close all its US stores.

👉 Claire's has filed for bankruptcy for the second time 👉 The company plans to close all its US stores 👉 Debt and competition from online retailers have contributed to the company's struggles 👉 Claire's has over 3,300 stores globally

-- #ChrisCramer #NeilSaunders #UnitedStates #Delaware #business

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Chris Cramer Neil Saunders United States Delaware business Argentina:perspective

8/12/2025

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CLAIRE'S, KNOWN FOR PIERCING MILLIONS OF TEENS' EARS, FILES FOR CHAPTER 11, 2ND TIME SINCE 2018

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✍️ Claire's, a mall-based teen accessories retailer, has filed for Chapter 11 bankruptcy protection due to a high debt load and changing consumer tastes.

👉 Claire's has filed for Chapter 11 bankruptcy protection due to a high debt load and changing consumer tastes. 👉 The company will continue to operate its stores in North America and explore strategic alternatives. 👉 Claire's has over 2,750 stores in 17 countries and 190 Icing stores in North America. 👉 The company is in active discussions with potential strategic and financial partners. 👉 Claire's intends to continue paying employees' wages and benefits.

-- #ChrisCramer #NeilSaunders #DonaldTrump #NewYork #HoffmanEstates #Delaware #Gibraltar #business

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Chris Cramer Neil Saunders Donald Trump New York Hoffman Estates Delaware Gibraltar business

8/8/2025

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TARGET LAUNCHES THE WILD COLLECTIVE, A BRAND FEATURING NCAA-LICENSED APPAREL

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✍️ Target is expanding its college-focused merchandise, including a new private label brand, ahead of the back-to-college season.

👉 Target is expanding its college-focused merchandise, including a new private label brand 👉 The Wild Collective brand will offer NCAA-licensed apparel for men and women 👉 The brand will be available in select stores and online 👉 Target is offering 50% off its Target Circle 360 membership for verified students

-- #JillSando #NeilSaunders #ChristinaHennington #business

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Jill Sando Neil Saunders Christina Hennington business mainstream:perspective

8/7/2025

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'GREAT JEANS': SYDNEY SWEENEY CAMPAIGN FUELS AMERICAN EAGLE RALLY

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✍️ American Eagle Outfitters partnered with actress Sydney Sweeney for a new denim campaign to boost sales and reconnect with Gen Z shoppers.

👉 American Eagle Outfitters partnered with actress Sydney Sweeney for a new denim campaign 👉 The campaign includes a limited-edition denim jacket and a 'The Sydney Jean' 👉 The partnership is seen as a bid to stand out in a competitive market and make some noise 👉 The retail industry has been struggling to spur demand due to muted consumer spending and higher potential costs due to tariffs

-- #AishwaryaVenugopal #SydneySweeney #NeilSaunders #JustinBieber #CocoGauff #JennaOrtega #SimeonSiegel #LasVegas #China #Bengaluru #business

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Aishwarya Venugopal Sydney Sweeney Neil Saunders Justin Bieber Coco Gauff Jenna Ortega Simeon Siegel Las Vegas

7/24/2025

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TARGET TO END PRICE-MATCHING OF AMAZON, WALMART. WHAT TO KNOW.

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✍️ Target is ending its price-match guarantee for Amazon and Walmart products on July 28, citing that most customers price-match Target products and not competitors.

👉 Target is ending its price-match guarantee for Amazon and Walmart products on July 28 👉 The retailer will only match its own in-store and online prices starting July 28 👉 Most customers price-match Target products and not competitors, according to Target 👉 The decision is seen as a move to simplify processes and protect profits 👉 Target has been struggling with declining sales and profitability

-- #NeilSaunders #business

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7/21/2025

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ULTA BEAUTY ACQUIRES SPACE NK AS IT SPEEDS UP INTERNATIONAL EXPANSION

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✍️ Ulta Beauty acquires Space NK from Manzanita Capital for an undisclosed amount, expanding its global presence.

👉 Ulta Beauty acquires Space NK from Manzanita Capital for an undisclosed amount 👉 Deal is funded with cash on hand and capacity under Ulta's existing credit facility 👉 Space NK will operate as a stand-alone subsidiary 👉 Existing management team, including CEO Andy Lightfoot, will continue to lead the brand 👉 Acquisition marks an exciting step forward for Ulta Beauty's global expansion efforts

-- #KeciaSteelman #AndyLightfoot #NickyKinnaird #BillFisher #LauraSlatkin #NeilSaunders #CoventGarden #U.K. #Ireland #Mexico #MiddleEast #Dubai #KuwaitCity #business

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Kecia Steelman Andy Lightfoot Nicky Kinnaird Bill Fisher Laura Slatkin Neil Saunders Covent Garden U.K.

7/11/2025

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J.C. PENNEY TO HOLD DOWN PRICES FOR BACK TO SCHOOL, HOLIDAY DESPITE Q1 DECLINES

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✍️ J.C. Penney's total Q1 net sales fell 4.3% year over year to $1.3 billion, with some categories exceeding expectations.

👉 J.C. Penney's total Q1 net sales fell 4.3% year over year to $1.3 billion 👉 Some categories exceeded expectations, including JCPBeauty, fine jewelry, home, men's, and kids' 👉 Net loss widened 9.5% to $69 million 👉 Consolidated adjusted EBITDA swung into the black, reaching $2 million 👉 The company's 'Yes, J.C. Penney' campaign helped boost traffic and brand search 👉 Integration with Catalyst Brands brought down selling, general and administrative costs

-- #NeilSaunders #business

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7/9/2025

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SHRINK DOWN, MARGINS UP AT DOLLAR GENERAL A YEAR AFTER REMOVING NEARLY ALL SELF-CHECKOUT

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✍️ Dollar General reported a 78 basis point increase in Q1 gross margin, driven by lower shrink and higher inventory markup, with net income rising 8% to $392 million.

👉 Dollar General reported a 78 basis point increase in Q1 gross margin 👉 Lower shrink and higher inventory markup were major factors in the increase 👉 Net income rose 8% to $392 million 👉 Net sales increased 5.3% year-over-year to $10.4 billion 👉 Same-store sales increased 2.4% 👉 Average transaction amount increased 2.7% 👉 Company plans to open 575 stores in the US and remodel 4,250 stores in 2025

-- #ToddVasos #KellyDilts #NeilSaunders #US #Mexico #business

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Todd Vasos Kelly Dilts Neil Saunders US Mexico business mainstream:perspective

6/4/2025, 1 engagement

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A POPULAR HOME GOODS CHAIN IS HEADING TOWARDS BANKRUPTCY: WILL IT CLOSE ITS 200 STORES?

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✍️ At Home, a US-based home decor chain, is preparing to file for Chapter 11 bankruptcy protection due to debt and declining sales.

👉 At Home is preparing to file for Chapter 11 bankruptcy protection 👉 The company has failed to adapt to changing consumer habits 👉 Increased competition from online retailers like IKEA 👉 Debt has reached over $2 billion 👉 Company is expected to file for bankruptcy by June 30

-- #NeilSaunders #DonaldTrump #UnitedStates #China #India #business

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Neil Saunders Donald Trump United States China India business Argentina:perspective

6/3/2025

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DOLLAR GENERAL POSTS RECORD SALES AS BARGAIN STORES ATTRACT MORE ANXIOUS OVER ECONOMY

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✍️ Dollar General sets a quarterly sales record of $10.44 billion, beating expectations, as Americans tighten their budgets and spend more at bargain stores amid economic uncertainty.

👉 Dollar General sets a quarterly sales record of $10.44 billion 👉 Sales climbed 5% year-over-year 👉 Sales at stores open at least a year increased 2.4% 👉 Profit beat expectations, with earnings per share of $1.78 👉 CEO attributes strong results to consumers stocking up on goods in anticipation of tariffs

-- #NeilSaunders #Goodlettsville,Tennessee #business

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Neil Saunders Goodlettsville, Tennessee business mainstream:perspective

6/3/2025

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DOLLAR GENERAL POSTS RECORD SALES AS BARGAIN STORES ATTRACT MORE PEOPLE ANXIOUS ABOUT THE ECONOMY

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✍️ Dollar General sets a quarterly sales record of $10.44 billion and upgrades its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores.

👉 Dollar General sets a quarterly sales record of $10.44 billion 👉 Sales climb 5% from the same period last year 👉 Average transaction amount rises 2.7% 👉 Customer traffic declines 0.3% 👉 Profit exceeds expectations, with earnings of $391.9 million, or $1.78 per share

-- #NeilSaunders #Goodlettsville,Tennessee #business

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Neil Saunders Goodlettsville, Tennessee business mainstream:perspective

6/3/2025

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CAPRI REPORTS 15.4% REVENUE DOWNTURN IN Q4 FISCAL 2025

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✍️ Capri Holdings, owner of luxury brands such as Versace, Michael Kors, and Jimmy Choo, reported a 15.4% decrease in total revenue for the fourth quarter of fiscal 2025, with Michael Kors experiencing a 15.6% revenue drop.

👉 Capri Holdings reported a 15.4% decrease in total revenue for the fourth quarter of fiscal 2025 👉 Michael Kors experienced a 15.6% revenue drop 👉 Jimmy Choo and Versace posted revenue drops of 2.9% and 21.2% respectively 👉 Gross profit was reported at $631 million, a reduction from the $767 million recorded in the same period of the previous year 👉 Operating loss improved to $116 million in the fourth quarter from a loss of $543 million in the corresponding quarter of the previous year

-- #JohnIdol #NeilSaunders #business

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John Idol Neil Saunders business mainstream:perspective

5/30/2025

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CAPRI HOLDINGS PLOTS TURNAROUND AFTER STEEP Q4 LOSSES

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✍️ Capri Holding is trying to recover from a difficult year with declining sales and losses, and is selling Versace to Prada for $1.4 billion to ease its debt load and repurchase shares.

👉 Capri Holding reported a net loss of $645 million in its fiscal fourth quarter 👉 Sales declined 15.4% to $1 billion 👉 The company is selling its Versace brand to Prada for $1.4 billion 👉 Capri plans to invest in reinvigorating the Michael Kors brand 👉 The company's CEO is optimistic about its future

-- #JohnIdol #NeilSaunders #ThomasEdwards #SimeonSiegel #MichaelKors #TamaraMellon #DonaldTrump #Montauk #NewYork #Vietnam #Cambodia #Indonesia #China #business

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John Idol Neil Saunders Thomas Edwards Simeon Siegel Michael Kors Tamara Mellon Donald Trump Montauk

5/29/2025

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MACY’S SEES OPPORTUNITY TO TAKE SHARE AS TARIFFS ROIL PRICING

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✍️ Macy's Inc. reported a better-than-expected Q1 with net sales down 5% year over year, and credit card revenue rose 31%.

👉 Macy's Q1 net sales down 5% year over year 👉 Credit card revenue rose 31% 👉 Macy's Media Network net revenue up 8.1% 👉 Bloomingdale's net sales up 2.6% 👉 Bluemercury net sales up 0.8% 👉 Tariffs expected to siphon 20-40 basis points from annual gross margin

-- #TonySpring #DavidSilverman #NeilSaunders #business

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Tony Spring David Silverman Neil Saunders business mainstream:perspective

5/29/2025

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CAPRI REPORTS DISMAL FOURTH QUARTER

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✍️ Capri Holdings reported a 15.4% year-over-year decrease in fourth quarter 2025 revenue, with full fiscal 2025 revenue dropping 14% to $4.4 billion.

👉 Capri Holdings reported a 15.4% year-over-year decrease in fourth quarter 2025 revenue 👉 Full fiscal 2025 revenue dropped 14% to $4.4 billion 👉 Michael Kors dropped 15.6% year over year to $694 million 👉 Jimmy Choo was down 2.9% to $133 million 👉 Versace dropped 21.2% year over year to $208 million 👉 Capri agreed to sell Versace to Prada Group for $1.4 billion 👉 Capri projected a total revenue of $3.3 billion to $3.4 billion for fiscal 2026

-- #NeilSaunders #JohnD.Idol #business

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Neil Saunders John D. Idol business mainstream:perspective

5/29/2025

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ANOTHER HOME DECOR STORE IS ON THE VERGE OF BANKRUPTCY: EVALUATES CLOSING ITS 200 BRANCHES

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✍️ At Home, a US-based home decor chain, is on the verge of bankruptcy due to debt and increased costs caused by the COVID-19 pandemic and Trump's tariffs.

👉 At Home is preparing to file for Chapter 11 bankruptcy protection 👉 The company has struggled to adapt to the COVID-19 pandemic and Trump's tariffs 👉 Increased costs and debt have affected the company's sales 👉 The company may close some underperforming stores if it files for bankruptcy

-- #NeilSaunders #DonaldTrump #Texas #UnitedStates #China #India #business

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Neil Saunders Donald Trump Texas United States China India business Argentina:perspective

5/28/2025

nostr:nevent1qvzqqqqqqypzp84pcgvf0e23fw80gv8vwcdc7vdtzlx7h8hnnxgvcae29e32x0enqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq85nffvr6zk9aypqpjemuzt9qf63l5zpmgwtch4we74y9svsue2fq3ev7m0

MACY'S PROFIT, SALES SLIP AND IT CUTS 2025 PROFIT FORECAST, BUT TOPS Q1 EXPECTATIONS

https://s.abcnews.com/images/Business/wirestory_4ca4e672fb72f7aff2b1bf75df8c0187_4x3_384.jpg

✍️ Macy's sales and profit slipped in the first quarter due to cautious customers and the impact of the US trade war, but the company topped expectations and maintained its sales forecast for the year.

👉 Macy's sales and profit slipped in the first quarter 👉 Cautious customers and the impact of the US trade war contributed to the decline 👉 Macy's topped expectations and maintained its sales forecast for the year 👉 Comparable sales dipped 2% 👉 Bloomingdale's and Bluemercury saw comparable sales growth

-- #TonySpring #NeilSaunders #NewYork #business

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Tony Spring Neil Saunders New York business mainstream:perspective

5/28/2025

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BJ’S WHOLESALE CLUB IS WILLING TO SACRIFICE MARGIN FOR DIGITAL CONVENIENCE

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✍️ BJ's Wholesale Club aims to increase loyalty by bringing more customers to its higher-tier Club+ membership, which offers better shopping experiences and increased customer engagement.

👉 BJ's Wholesale Club aims to increase loyalty by bringing more customers to its higher-tier Club+ membership 👉 Higher-tier Club+ members spend more and are more likely to renew 👉 Digital experiences, such as express curbside pickup and same-day delivery, are driving growth 👉 The company is investing in technology to reduce the monetary and time costs of store-based fulfillment 👉 Express pay option is improving the in-store experience

-- #BobEddy #NeilSaunders #business

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Bob Eddy Neil Saunders business mainstream:perspective

5/23/2025

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MACY'S FORMER ACTIVIST INVESTOR DOESN'T RULE OUT A NEW TAKEOVER CAMPAIGN

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✍️ Macy's rejected a $6.9 billion buyout offer from Arkhouse and Brigade Capital Management last year, and the activist investor is still frustrated about the rejection.

👉 Macy's rejected a $6.9 billion buyout offer from Arkhouse and Brigade Capital Management last year 👉 The offer was worth more than double Macy's current share price 👉 Gavriel Kahane, Arkhouse managing partner, expressed frustration over the rejection 👉 Macy's is still mispriced and in need of a turnaround 👉 Macy's CFO, Adrian Mitchell, said the offer was not compelling given Macy's potential

-- #GavrielKahane #AdrianMitchell #TonySpring #NeilSaunders #DavidSwartz #BrookeDiPalma #NewYorkCity #HeraldSquare #business

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Gavriel Kahane Adrian Mitchell Tony Spring Neil Saunders David Swartz Brooke DiPalma New York City Herald Square

5/23/2025

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TARGET SALES PLUMMET AMID TARIFFS, INFLATION AND BOYCOTTS

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✍️ Target slashes its annual sales forecast due to a sharp decline in quarterly same-store sales, citing ongoing worries about inflation and the economy.

👉 Target slashes its annual sales forecast due to a sharp decline in quarterly same-store sales 👉 Negative reactions to the company's pullback on diversity, equity, and inclusion policies 👉 Challenges in merchandise missteps, retail crime, and inventory management 👉 Ongoing trade war and tariffs imposed by the US government on China

-- #DonaldTrump #NeilSaunders #BrianCornell #RickGomez #Jamal-HarrisonBryant #MichaelBaker #UnitedStates #China #Minneapolis #Georgia #NewYork #Bengaluru #business

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Donald Trump Neil Saunders Brian Cornell Rick Gomez Jamal-Harrison Bryant Michael Baker United States China

5/23/2025

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TARGET’S Q1 EARNINGS DISAPPOINT AMID BATTLE WITH TARIFFS, CONSUMER BACKLASH

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✍️ Target's first-quarter merchandise sales dropped 3.1% year over year due to new tariff rates and negative consumer reaction to changes in its diversity efforts.

👉 Target's merchandise sales dropped 3.1% year over year in the first quarter 👉 Operating income increased 13.6% to $1.5 billion 👉 Company faced new tariff rates and negative consumer reaction to changes in diversity efforts 👉 Target updated its guidance for the full year, expecting a low-single-digit decline in sales

-- #BrianCornell #MichaelFiddelke #ChristinaHennington #AmyTu #RickGomez #NeilSaunders #BillKirk #PratVemana #JimLee #MelissaKremer #business

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Brian Cornell Michael Fiddelke Christina Hennington Amy Tu Rick Gomez Neil Saunders Bill Kirk Prat Vemana

5/22/2025

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HOME DEPOT'S REVENUE RISES IN FIRST QUARTER AS CUSTOMERS SPEND MORE TACKLING SMALLER PROJECTS

https://s.abcnews.com/images/Business/wirestory_47e51f7c5c18a5e5a7f407fd25269430_4x3_384.jpg

✍️ Home Depot's revenue climbed in the first quarter, beating expectations, despite a decline in sales at stores open at least a year.

👉 Revenue rose to $39.86 billion, beating analyst expectations 👉 Sales at stores open at least a year edged down 0.3% 👉 Customer transactions rose 2.1% in the quarter 👉 The amount shoppers spent climbed to $90.71 per average ticket

-- #TedDecker #NeilSaunders #Atlanta #U.S. #business

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Ted Decker Neil Saunders Atlanta U.S.business mainstream:perspective

5/20/2025

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US STOCKS GAIN DESPITE GLOOMY CONSUMER DATA. S&P 500 EXTENDS WINNING STREAK TO FIVE DAYS

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✍️ US stocks rose despite a report showing worsening consumer sentiment amid tariff and inflation worries.

👉 US stocks rose despite a report showing worsening consumer sentiment 👉 S&P 500 scored a fifth consecutive day of gains 👉 Consumer sentiment index fell to 50.8, below economists' forecast 👉 Investors shrugged off the report, citing the survey's timing and the recent trade truce 👉 Tariffs were spontaneously mentioned by nearly three-quarters of consumers, up from almost 60% in April

-- #JoanneHsu #JamesKnightley #ScottBessent #HowardLutnick #DonaldTrump #NeilSaunders #business

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Joanne Hsu James Knightley Scott Bessent Howard Lutnick Donald Trump Neil Saunders business mainstream:perspective

5/17/2025

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DICK'S SPORTING GOODS TO BUY STRUGGLING SHOE CHAIN FOOT LOCKER FOR $2.4 BILLION

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✍️ Dick's Sporting Goods is acquiring Foot Locker for $2.4 billion, creating a new global platform for the sports industry.

👉 Dick's Sporting Goods is acquiring Foot Locker for $2.4 billion 👉 The acquisition creates a new global platform for the sports industry 👉 Foot Locker will continue to operate as a standalone unit 👉 Dick's plans to expand Foot Locker's real estate footprint and product offerings 👉 The deal broadens Dick's customer base and gives it more bargaining power with national brands

-- #LaurenHobart #MaryDillon #JonathanMatuszewski #NeilSaunders #Pittsburgh #Asia #Europe #Australia #NewZealand #MiddleEast #business

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Lauren Hobart Mary Dillon Jonathan Matuszewski Neil Saunders Pittsburgh Asia Europe Australia

5/15/2025

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KROGER CUSTOMERS OVERCHARGED FOR ITEMS ON SALE, CONSUMER REPORTS FINDS

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✍️ Kroger shoppers may be overcharged due to expired discount tags on everyday products, according to an investigation by Consumer Reports, The Guardian, and FERN.

👉 Expired discount tags found on everyday products 👉 Overcharges on more than 150 grocery items 👉 Average overcharge of $1.70 per item, or 18.4% 👉 Issue found at over half of the 26 locations examined 👉 Kroger disputes the findings, stating errors were nominal

-- #EdgarDworsky #NeilSaunders #DerekKravitz #AllisonHadfield #MaryCunningham #Colorado #Massachusetts #Virginia #Alexandria #Ohio #California #Illinois #Midwest #South #business

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Edgar Dworsky Neil Saunders Derek Kravitz Allison Hadfield Mary Cunningham Colorado Massachusetts Virginia

5/14/2025

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J.C. PENNEY SWINGS TO A LOSS

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✍️ J.C. Penney's Q4 total net sales fell 9% to $2.09 billion, resulting in a $64 million net loss.

👉 J.C. Penney's Q4 total net sales fell 9% to $2.09 billion 👉 The company swung to a $64 million net loss, compared to a $19 million net income in the same period last year 👉 The net loss was attributed to a write-down of inventory 👉 Catalyst Brands, J.C. Penney's new operating entity, is owned by Authentic Brands Group and mall REITs Simon Property Group and Brookfield

-- #NeilSaunders #business

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5/13/2025

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KOHL'S DISMISSES CEO OVER 'UNDISCLOSED CONFLICTS OF INTEREST'

https://media.zenfs.com/en/Benzinga/04b6e9fe7638cca54f84895a27c42b0e

✍️ Kohl's fired its CEO, Ashley Buchanan, on May 1 after an investigation uncovered undisclosed conflicts of interest and unethical behavior.

👉 Kohl's fired CEO Ashley Buchanan on May 1 👉 Investigation uncovered undisclosed conflicts of interest and unethical behavior 👉 Buchanan had been in the position for just four months 👉 Company's board of directors launched an investigation and terminated Buchanan 'for cause'

-- #AshleyBuchanan #MichaelBender #NeilSaunders #KevinO'Leary #business

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Ashley Buchanan Michael Bender Neil Saunders Kevin O'Leary business mainstream:perspective

5/10/2025

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WHAT'S IN STORE FOR THE FUTURE OF SELF CHECKOUTS? HOW RETAILERS ARE PULLING BACK.

https://media.zenfs.com/en/usa_today_money_325/05395b7be90733e45d85ca1ae3adb649

✍️ Self-checkout lanes at grocery stores and retail outlets are a controversial topic, with some retailers limiting or eliminating them due to higher rates of theft or shrinkage.

👉 Self-checkout lanes can be a source for shoplifting 👉 15% of self-checkout users have purposely stolen an item 👉 44% of self-checkout thieves plan to do it again 👉 Some retailers are limiting the number of items that can be scanned 👉 Some retailers are removing self-checkout machines altogether

-- #SantiagoGallino #DavidJohnston #NeilSaunders #ToddVasos #UniversityofPennsylvania #NorthAmerica #Shrewbury,Missouri #Cleveland #business

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Santiago Gallino David Johnston Neil Saunders Todd Vasos University of Pennsylvania North America Shrewbury, Missouri Cleveland

5/10/2025

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IS THE HOME DEPOT, INC. (HD) THE BEST DOW STOCK?

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✍️ The article discusses the performance of The Home Depot, Inc. (NYSE:HD) compared to other Dow stocks, highlighting its ranking as 11th on the list of best and worst Dow stocks.

👉 The Home Depot, Inc. (NYSE:HD) is a home improvement retailer 👉 The company's chief executives met with President Donald Trump to discuss tariff consequences 👉 Investors have reacted positively to the recent earnings 👉 The company expects total sales growth of 2.8% and comparable sales growth of 1% 👉 Operating margin is expected to be 13% and gross margin is projected to be flat

-- #DonaldTrump #JonathanMatuszewski #NeilSaunders #business

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Donald Trump Jonathan Matuszewski Neil Saunders business mainstream:perspective

5/9/2025

npub106ky8qh…56k5wc

WHY TARGET IS LOSING OUT AGAINST COMPETITORS WALMART AND COSTCO

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✍️ Target is facing challenges due to its decision to scale back diversity, equity, and inclusion initiatives, which led to nationwide boycotts and a decline in foot traffic.

👉 Target faced nationwide boycotts and a decline in foot traffic after rolling back its diversity, equity, and inclusion initiatives 👉 The company is facing stiff competition from nimble competitors like Amazon 👉 Target has higher exposure to a decline in consumer spending amid inflation and tariff volatility 👉 Experts say many of Target's issues are self-inflicted, citing excess inventory, a shortfall of staff, and locked up inventory

-- #JoeFeldman #NeilSaunders #business

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Joe Feldman Neil Saunders business mainstream:perspective

5/7/2025

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RITE AID FILES FOR BANKRUPTCY 8 MONTHS AFTER EXITING CHAPTER 11

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✍️ Rite Aid files for bankruptcy and plans to sell itself, with a sale imminent by June 20. The company has secured financing to fund its operations during the sale process.

👉 Rite Aid files for bankruptcy and plans to sell itself 👉 Sale imminent by June 20 👉 Secured financing to fund operations during sale process 👉 Company has been struggling financially 👉 Empty shelves and strained finances led to vicious cycle of declining sales and liquidity issues

-- #MarcLiebman #MattSchroeder #SarahFoss #NeilSaunders #business

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Marc Liebman Matt Schroeder Sarah Foss Neil Saunders business mainstream:perspective

5/7/2025

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WHAT CUSTOMERS CAN EXPECT AS RITE AID CLOSES OR SELLS ALL ITS DRUGSTORES

https://s.abcnews.com/images/Health/wirestory_e524d3cc1b02e878c656bef75a8120b1_4x3_384.jpg

✍️ Rite Aid customers can expect their local store to close or change ownership in the next few months as the company goes through another bankruptcy filing.

👉 Rite Aid customers can expect their local store to close or change ownership in the next few months 👉 The company will sell customer prescription files, inventory, and other assets 👉 Stores will remain open for now, but will not receive new inventory 👉 Customers will still be able to fill prescriptions, get immunizations, and shop in stores or online until the stores close or are sold 👉 The company will stop issuing customer rewards points, no longer honor gift cards, and will not accept returns or exchanges starting next month

-- #NeilSaunders #NewYork #Pennsylvania #California #business

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Neil Saunders New York Pennsylvania California business mainstream:perspective

5/6/2025

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WHAT CUSTOMERS CAN EXPECT AS RITE AID CLOSES OR SELLS ALL ITS DRUGSTORES

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✍️ Rite Aid customers can expect their local store to close or change ownership in the next few months as the struggling drugstore chain goes through another bankruptcy filing.

👉 Rite Aid will sell customer prescription files, inventory, and other assets 👉 Stores will remain open for now, but inventory will be limited 👉 Company will stop issuing customer rewards points, no longer honor gift cards, and accept returns or exchanges 👉 Customers will still be able to fill prescriptions, get immunizations, and shop in the stores or online until the stores close or are sold

-- #NeilSaunders #NewYork #Pennsylvania #California #business

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Neil Saunders New York Pennsylvania California business mainstream:perspective

5/6/2025

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KOHL’S TURNAROUND EFFORTS DEALT MAJOR BLOW AS ITS NEW CEO IS FIRED IN SCANDAL INVOLVING A ‘PERSONAL RELATIONSHIP’ JUST A FEW MONTHS AFTER TAKING THE TOP JOB

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✍️ Kohl's has fired its CEO, Ashley Buchanan, after just three and a half months on the job due to allegations of unethical business practices. The company is now searching for a new CEO to lead its turnaround efforts.

👉 Kohl's has fired its CEO, Ashley Buchanan, after just three and a half months on the job 👉 Buchanan was accused of unethical business practices, including steering contracts to a business owned by someone with whom he has a personal relationship 👉 The company is now searching for a new CEO to lead its turnaround efforts 👉 Kohl's has reported 12 straight quarters of revenue declines 👉 The company is facing challenges including declining consumer confidence, tariffs, and market share gains from competitors

-- #AshleyBuchanan #MichaelBender #NeilSaunders #business

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Ashley Buchanan Michael Bender Neil Saunders business mainstream:perspective

5/2/2025

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KOHL’S JUST FIRED ITS CEO AFTER ONLY 100 DAYS ON THE JOB AFTER STRIKING A ‘HIGHLY UNUSUAL’ DEAL WITH A VENDOR HE HAD A PERSONAL RELATIONSHIP WITH

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✍️ Kohl's CEO Ashley Buchanan was fired for violating company policies by engaging in vendor transactions with a personal relationship, violating the company's code of ethics.

👉 Kohl's CEO Ashley Buchanan was fired for violating company policies 👉 Buchanan engaged in vendor transactions with a personal relationship 👉 Company's audit committee oversaw the investigation 👉 Buchanan will forfeit his equity awards and pay back a portion of his signing bonus 👉 Michael Bender appointed as interim CEO 👉 Company will retain an outside search firm to find a permanent replacement

-- #AshleyBuchanan #TomKingsbury #ChandraHolt #NeilSaunders #MichaelBender #NeriKarraSillaman #business

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Ashley Buchanan Tom Kingsbury Chandra Holt Neil Saunders Michael Bender Neri Karra Sillaman business mainstream:perspective

5/2/2025

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KOHL’S CEO FIRED OVER CONFLICTS OF INTEREST

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✍️ Kohl's CEO Ashley Buchanan is out after just a few months due to undisclosed conflicts of interest involving vendor transactions.

👉 Kohl's CEO Ashley Buchanan is out after just a few months due to undisclosed conflicts of interest 👉 Buchanan was involved in vendor transactions with undisclosed conflicts of interest 👉 The company withdrew his nomination to continue as director and he is no longer a member of the board 👉 Buchanan's favoritism involved a company founder with whom he has a personal relationship and a deal with highly unusual terms favorable to the vendor

-- #AshleyBuchanan #MichaelBender #TomKingsbury #MarkCohen #NeilSaunders #business

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Ashley Buchanan Michael Bender Tom Kingsbury Mark Cohen Neil Saunders business mainstream:perspective

5/2/2025

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IN NORTH CAROLINA: THE LAST DAY THE POPULAR CHAIN IN BANKRUPTCY WILL ACCEPT GIFT CARDS

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✍️ Forever 21 will stop accepting gift cards in the US starting April 15th as the company goes through liquidation, with plans to close all physical stores by May 1st.

👉 Forever 21 will stop accepting gift cards in the US starting April 15th 👉 The company plans to close all physical stores by May 1st 👉 Online sales will continue until inventory is depleted 👉 Forever 21 has filed for bankruptcy twice 👉 The company has over 540 stores globally, but plans to keep them open

-- #BradSell #NeilSaunders #Carolinadelnorte #EstadosUnidos #business

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Brad Sell Neil Saunders Carolina del norte Estados Unidos business Argentina:perspective

4/14/2025

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LEVI’S CEO SOUNDS ALARM BELLS ON CONCERNING CONSUMER TREND

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✍️ Levi's reported a 12% increase in net revenues in the Americas during the 2024 holiday season, driven by higher full-price sales and more traffic in U.S. stores.

👉 Levi's reported a 12% increase in net revenues in the Americas during the 2024 holiday season 👉 Higher full-price sales and more traffic in U.S. stores contributed to the growth 👉 Levi's became the No. 1 women's denim brand in the U.S. 👉 The company's campaign with Beyoncé has driven demand across its business 👉 CEO Michelle Gass warned of major threats to the company's sales, including uncertainty related to the macro environment and potential tariffs

-- #MichelleGass #Beyoncé #DonaldTrump #NeilSaunders #UnitedStates #China #Mexico #Canada #business

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Michelle Gass Beyoncé Donald Trump Neil Saunders United States China Mexico Canada

4/2/2025

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TRUMP PAUSES TARIFFS ON MILLIONS OF LOW-VALUE PACKAGES FROM CHINA

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✍️ President Donald Trump has paused imposing tariffs on small-value packages arriving from China, giving federal agencies time to sort out how to process millions of such shipments.

👉 President Trump has paused imposing tariffs on small-value packages arriving from China 👉 The pause is intended to give federal agencies time to sort out how to process millions of such shipments 👉 The de minimis exception rule was introduced in 1938 to facilitate the flow of small packages valued at no more than $5 👉 The threshold increased to $200 in 1994 and $800 in 2016, but the rapid rise of cross-border e-commerce has challenged the intent of the rule

-- #JohnLash #NeilSaunders #DonaldTrump #China #Washington #SouthBend,Indiana #Mexico #Canada #HongKong #politics

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John Lash Neil Saunders Donald Trump China Washington South Bend, Indiana Mexico Canada

2/8/2025

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THE CHAINS THAT WILL CLOSE STORES IN THE UNITED STATES IN 2025: THOUSANDS OF LOCATIONS

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✍️ The US retail industry is facing a challenging landscape in 2025, with thousands of stores expected to close, driven by the rise of e-commerce and changing consumer habits.

👉 Over 2000 store closures are planned for 2025 👉 Major retailers such as Party City, Big Lots, Family Dollar, and Walgreens are affected 👉 E-commerce growth is a major driver of store closures 👉 Changing consumer habits prioritize online shopping and convenience 👉 Retailers need to adapt to a new market reality

-- #NeilSaunders #UnitedStates #business

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Neil Saunders United States business Argentina:perspective

2/7/2025

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NOT ONLY AT COSTCO: WAGES ALSO RISE AT WALMART, BUT FOR A PARTICULAR GROUP OF EMPLOYEES

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✍️ Walmart and Costco, two major retailers, have announced salary increases for their employees, aiming to improve compensation, retain talent, and attract new hires.

👉 Walmart has increased salaries for its store managers, with some positions receiving up to $620,000 per year. 👉 The company has implemented changes to its compensation structure, including base salary adjustments and new incentives tied to performance and bonuses. 👉 Costco has increased hourly wages for non-unionized employees in the highest tier to $30 per hour. 👉 Costco has also offered additional benefits such as more vacation days for long-serving employees.

-- #JohnFurner #NeilSaunders #UnitedStates #business

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John Furner Neil Saunders United States business Argentina:perspective

2/6/2025

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HOW CALVIN KLEIN AND TOMMY HILFIGER GOT CAUGHT IN TRUMP'S TRADE WAR WITH CHINA

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✍️ China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, PVH Corp., in response to President Trump's trade war, which could force the company to shut down stores and manufacturing in the region.

👉 PVH Corp. has been added to China's 'unreliable entities' list 👉 The company could be forced to shut down stores and manufacturing in the region 👉 China's move is seen as a retaliatory measure against the US 👉 Experts believe the move will be used as a bargaining chip in trade negotiations 👉 PVH Corp. operates dozens of stores in China and relies heavily on the country for manufacturing

-- #MichaelKaye #NeilSaunders #DonaldTrump #MarkCuban #China #Beijing #HongKong #Xinjiang #world

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Michael Kaye Neil Saunders Donald Trump Mark Cuban China Beijing Hong Kong Xinjiang

2/6/2025

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq6srm4yam2z25jv6av0m0qqytp2wgnavn5z7q0asy6ca74xcup62s2nzekd

WHAT GOING PRIVATE MEANS TO NORDSTROM INC.

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✍️ Nordstrom Inc. plans to go private in a $4 billion deal, approved by its board of directors, allowing the company to focus on long-term growth and investments without the scrutiny of public markets.

👉 Nordstrom Inc. plans to go private in a $4 billion deal 👉 The deal is expected to close in the first half of 2025 👉 The Nordstrom family and Mexican retailer El Puerto de Liverpool will buy up all of the shares they do not own 👉 The company will no longer have to produce quarterly reports 👉 Nordstrom will have more time to focus on long-term strategy

-- #ErikNordstrom #PeteNordstrom #JamieNordstrom #NeilSaunders #GracianoF.GuichardG. #EricSprunk #Seattle #Mexico #Manhattan #business

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Erik Nordstrom Pete Nordstrom Jamie Nordstrom Neil Saunders Graciano F. Guichard G.Eric Sprunk Seattle Mexico

12/24/2024

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqqhr79euah92ewje8fszre722983wtfh9q30ruxtszhmukpq7seas47gpgx

NORDSTROM TO GO PRIVATE IN ALL-CASH $6.25 BILLION DEAL. IS IT A GOOD MOVE?

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✍️ Nordstrom is going private after years of earnings struggles and investor indifference, with the founding family and retail investor El Puerto de Liverpool acquiring all outstanding shares in an all-cash deal valued at $6.25 billion.

👉 Nordstrom is going private after years of earnings struggles and investor indifference 👉 The founding family and retail investor El Puerto de Liverpool are acquiring all outstanding shares in an all-cash deal valued at $6.25 billion 👉 The deal is expected to close in the first half of 2025 👉 Nordstrom has been posting positive growth recently, with same-store sales growing 4% for the namesake brand and 3.9% for Nordstrom Rack

-- #ErikNordstrom #PeteNordstrom #DavidSwartz #BrookeDiPalma #NeilSaunders #BrookeRoach #Seattle #Wash #business

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Erik Nordstrom Pete Nordstrom David Swartz Brooke DiPalma Neil Saunders Brooke Roach Seattle Wash

12/23/2024

nostr:nevent1qvzqqqqqqypzpx29tf39xtu5yqp88n7zavn77n8klr6svvxcdw6k8jmgk76w42gnqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqyench92k6pprjdcnde93pl86x382qz0ulxjeaycmmlz6rwad3w7qdazm8f

NORDSTROM TO GO PRIVATE IN $6.25 BILLION DEAL WITH NORDSTROM FAMILY

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✍️ Nordstrom has agreed to be acquired by its family members and a Mexican retail group in a $6.25 billion deal, marking a shift towards private ownership.

👉 Nordstrom has agreed to be acquired by its family members and a Mexican retail group, El Puerto de Liverpool, in a $6.25 billion deal. 👉 The deal values Nordstrom at $6.25 billion and will see the company taken private. 👉 Nordstrom shareholders will receive $24.25 in cash for each share of common stock, representing a 42% premium. 👉 The Nordstrom family will have a majority ownership stake in the company after the deal closes.

-- #ErikNordstrom #PeteNordstrom #NeilSaunders #Seattle #Mexico #business

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Erik Nordstrom Pete Nordstrom Neil Saunders Seattle Mexico business mainstream:perspective

12/23/2024

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HERE ARE THE RETAILERS SHUTTERING THOUSANDS OF STORES IN 2024

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✍️ Major retailers in the US are closing stores at a rapid pace, with over 7,100 closures announced through November 2024, a 69% increase from the same time last year.

👉 Over 7,100 store closures announced through November 2024, a 69% increase from the same time last year 👉 45 retailers have filed for bankruptcy protection so far this year 👉 Discount chains and drugstores are among the hardest hit 👉 Family Dollar and CVS are among the companies with the largest number of closures 👉 The retail landscape may stabilize next year, but additional closures are likely in 2025

-- #NeilSaunders #AimeePicchi #business

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Neil Saunders Aimee Picchi business mainstream:perspective

12/12/2024

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SOME RETAILERS TELL CONSUMERS TRUMP'S TARIFFS ARE A REASON TO BUY NOW

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✍️ Some retailers are using President-elect Donald Trump's proposed tariffs to urge consumers to shop now, suggesting prices could rise if the import duties go into effect.

👉 Retailers are using Trump's proposed tariffs as a sales tactic to get consumers to spend ahead of the holidays 👉 Some experts say this could be a successful strategy, while others warn that it could also rub some shoppers the wrong way 👉 The proposed tariffs aim to crack down on illegal immigration and illicit drugs flowing into the U.S.

-- #DonaldTrump #NeilSaunders #ScottLincicome #CorieBarry #MeganCerullo #Mexico #Canada #China #Dallas #NewYork #politics

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Donald Trump Neil Saunders Scott Lincicome Corie Barry Megan Cerullo Mexico Canada China

11/29/2024

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AS RETAILERS ENTER THE HOLIDAY SHOPPING SEASON, THE WINNERS ARE PULLING AWAY FROM THE PACK

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✍️ Retailers' earnings reports show a divide between those winning sales and those struggling, as consumers remain cautious with their spending during the holiday season.

👉 Retailers' earnings reports show a divide between those winning sales and those struggling 👉 Consumers remain cautious with their spending during the holiday season 👉 Walmart, Dick's Sporting Goods, and Abercrombie & Fitch are posting strong sales 👉 Target, Kohl's, and Best Buy are struggling 👉 The National Retail Federation expects holiday spending to increase by 2.5% to 3.5% compared to last year

-- #NeilSaunders #ScottLipesky #ErikNordstrom #JohnDavidRainey #RickGomez #MarshalCohen #Clifton,NewJersey #business

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Neil Saunders Scott Lipesky Erik Nordstrom John David Rainey Rick Gomez Marshal Cohen Clifton, New Jersey business

11/29/2024

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WILL THE ELECTION BOOST BLACK FRIDAY AND HOLIDAY SPENDING? IT MAY DEPEND ON HOW YOU VOTED

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✍️ The article discusses how the 2024 presidential election results could influence the holiday shopping season, with Trump supporters feeling more optimistic about the economy and likely to spend more, while Harris supporters are more pessimistic and may spend less.

👉 Trump supporters are more likely to feel optimistic about the economy and spend more 👉 Harris supporters are more likely to feel pessimistic about the economy and spend less 👉 Inflation is expected to dampen holiday spending 👉 Some categories, such as furniture and home furnishings, are expected to decline 👉 Other categories, such as apparel and grocery, are expected to grow

-- #DonaldTrump #KamalaHarris #AmandaDavila #ArmandoDuarte #MeirStatman #NeilSaunders #IsaacKrakovsky #AaronCheris #MeriPitts #BattleCreek,Michigan #Texas #Michigan #NewJersey #NewYork #Connecticut #NorthCarolina #Virginia #Iowa #Nairobi,Kenya #business

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Donald Trump Kamala Harris Amanda Davila Armando Duarte Meir Statman Neil Saunders Isaac Krakovsky Aaron Cheris

11/29/2024

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MACY'S SAYS AN EMPLOYEE HID UP TO $152 MILLION IN DELIVERY EXPENSES

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✍️ Macy's delayed reporting its third-quarter earnings due to an employee hiding up to $154 million in expenses related to small package delivery.

👉 Macy's delayed reporting its third-quarter earnings due to an accounting issue 👉 An employee intentionally hid between $132 million and $154 million worth of delivery expenses 👉 The company has launched an independent investigation and identified the employee 👉 The accounting errors did not affect cash management or payments to vendors

-- #TonySpring #NeilSaunders #MeganCerullo #business

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Tony Spring Neil Saunders Megan Cerullo business other:perspective

11/25/2024

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BATH & BODY WORKS SEES STRONG SALES IN Q3, RAISES FULL-YEAR OUTLOOK

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✍️ Bath & Body Works' fiscal third-quarter performance exceeded analysts' estimates, driven by strong sales, and the company boosted its full-year outlook.

👉 Bath & Body Works' fiscal third-quarter profit exceeded analysts' estimates 👉 Revenue totaled $1.61 billion, up 3% from the prior year 👉 CEO credited the company's agile business model and U.S.-based supply chain for its success 👉 Analysts praised the company's efforts to revitalize its core product categories 👉 Bath & Body Works expects fiscal 2024 adjusted earnings to range from $3.15 to $3.28 per share

-- #GinaBoswell #NeilSaunders #Columbus,Ohio #business

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Gina Boswell Neil Saunders Columbus, Ohio business other:perspective

11/25/2024

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TARGET TUMBLES 20% AFTER ITS EARNINGS FALL SHORT. HERE'S WHAT HAPPENED.

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✍️ Target's sales and profit fell short of analysts' expectations, leading to a 20% drop in its shares, as the retailer struggles to attract inflation-weary consumers.

👉 Target's sales rose 1.1% to $25.7 billion, missing analysts' forecast of $25.9 billion 👉 Net income dropped 12% to $854 million, or $1.85 per share 👉 Shares tumbled almost 20% in pre-market trading 👉 Target's struggles are attributed to inflation-weary consumers seeking bargains or refocusing on essential items

-- #BrianCornell #NeilSaunders #AimeePicchi #mainstream #business

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Brian Cornell Neil Saunders Aimee Picchi mainstream business mainstream:perspective

11/20/2024

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EVERYTHING IS UNDER $20 AT AMAZON’S NEWEST STORE

https://media.zenfs.com/en/cnn_business_articles_218/4c180f327338b4f54da71f6dd5dd4572

✍️ Amazon has launched a new mobile-only storefront called 'Amazon Haul' that offers a wide range of products for $20 or less, targeting rivals like Shein, Temu, and TikTok Shop.

👉 Amazon Haul offers a wide range of products for $20 or less 👉 Items may take one to two weeks to be delivered 👉 Free shipping only available on orders over $25 👉 Returns accepted on items $3 or more 👉 Amazon screens products to ensure safety, authenticity, and compliance with regulations

-- #NeilSaunders #mainstream #business

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Neil Saunders mainstream business mainstream:perspective

11/13/2024

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AMAZON DEBUTS AMAZON HAUL WITH "CRAZY LOW PRICES." HERE'S WHAT TO KNOW.

https://assets1.cbsnewsstatic.com/hub/i/r/2024/11/13/06dfe9c0-c140-4c0c-9cfa-268c314d93ce/thumbnail/1200x630/d4c873b774a2ebb288c03f9501cd6333/gettyimages-2180146053.jpg?v=f619a2fc2fe5c36254958031a1f767d9

✍️ Amazon launches a new online shopping service called Amazon Haul, focusing on selling items for $20 or less, to compete with Chinese retailers Temu and Shein.

👉 Amazon Haul focuses on selling items for $20 or less 👉 Available in the Amazon app and mobile website 👉 Discounts on larger orders, such as 5% off orders above $50 and 10% off orders of $75 or more 👉 Longer delivery times, typically within one to two weeks

-- #NeilSaunders #AimeePicchi #mainstream #business

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Neil Saunders Aimee Picchi mainstream business mainstream:perspective

11/13/2024

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HOW WALL STREET IS REACTING TO A SECOND TRUMP TERM IN 8 DIFFERENT SECTORS

https://d3i6fh83elv35t.cloudfront.net/static/2024/05/2024-05-07T100119Z_820636523_RC2LL7AQWETC_RTRMADP_3_USA-M-A-FUNDING-1024x683.jpg

✍️ Wall Street is making big bets on what a potential second term for Donald Trump will mean for the economy, with investors sending prices soaring for stocks of banks, fossil-fuel producers, and other companies expected to benefit from Trump's policies.

👉 Technology stocks could benefit from a potential loosening of antitrust regulation and an anticipated increase in artificial intelligence investment 👉 Retailers may face challenges due to uncertainty about tariffs and trade restrictions 👉 Energy companies could benefit from increased drilling and pipeline projects, but renewable energy companies may face challenges 👉 Healthcare companies may benefit from fewer regulatory roadblocks to mergers and a lighter regulatory stance 👉 The auto industry may welcome less restrictive regulations but dread tariffs 👉 Bank stocks could benefit from a potential boost to the economy and more customers applying for loans

-- #DonaldTrump #TimCook #AndyJassy #SundarPichai #NeilSaunders #AustinPickle #RobertF.KennedyJr. #JulieUtterback #KevinTynan #DavidWhiston #MikeMayo #GaryGensler #NewYork #China #Mexico #Canada #GulfofMexico #Alaska #mainstream #business

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Donald Trump Tim Cook Andy Jassy Sundar Pichai Neil Saunders Austin Pickle Robert F. Kennedy Jr.Julie Utterback

11/12/2024