You Searched For "holiday closures" and got 20 results
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2 mins read
The pandemic boosted US e-commerce spending by $183 billion - equivalent to an extra holiday season
The extra spending was nearly equal to the $188 billion in e-commerce for the 2020 holiday season f…
Mary Meisenzahl
2 mins read
Apple warns that the coronavirus is expected to weaken revenue due to store closures in China and impacted iPhone production
"Our quarterly guidance issued on January 28, 2020 reflected the best information available at the …
Sarah Gray,Sarah Gray
2 mins read
Disney drops 3% after Wuhan coronavirus forces closure of Shanghai and Hong Kong theme parks
Meanwhile, smaller crowds at the Shanghai park dragged attendance down 2% across Disney's theme par…
Theron Mohamed
1 min read
Lockdown: Pharma firms in TN seek six months GST holiday
The Tamil Nadu chapter of Consortium of IndianPharmaceutical Manufacturers and Marketers Associatio…
PTI
2 mins read
Activision Blizzard spikes 12% as the gaming giant gives strong guidance following a surge in holiday sales
Activision Blizzard outperformed in Q4, posting GAAP revenues of $2.4 billion and EPS of $0.65 as "…
Will Daniel
1 min read
2 mall owners with 130 locations across the US are filing for bankruptcy ahead of the holiday shopping season
The coronavirus pandemic has been catastrophic for retailers, and malls might not bounce back.
Mary Meisenzahl
2 mins read
Over 2 million people passed through the airport this weekend ahead of the Christmas holiday, following the tragic trend of Thanksgiving travel
Over 47,000 people in the US died from coronavirus since the Thanksgiving holiday and hospitals hav…
Inyoung Choi
1 min read
Amazon is reportedly delaying its mega shopping holiday Prime Day until at least August
Amazon CEO Jeff Bezos said in a recent memo to employees that his time is "now wholly focused on CO…
Lisa Eadicicco
3 mins read
Amazon workers and activism groups are staging Black Friday protests around the world, while the company tries to placate workers with $300 holiday bonuses
A global coalition of Amazon workers, unions, and activism groups protested the company on Black Fr…
Isobel Asher Hamilton
1 min read
More than 300 store closures are announced in a single day, as the retail apocalypse rips through JCPenney, Gap, and Victoria's Secret
Gap said Thursday that it would close 230 namesake stores in the next two years, as it reported tha…
Hayley Peterson
4 mins read
A tsunami of store closures is about to hit the US - and it's expected to eclipse the retail carnage of 2017
That's because the malls don't only lose the income and shopper traffic from that store's business.…
Hayley Peterson
1 min read
JCPenney is closing a logistics center in Kansas and cutting more than 200 jobs after disappointing holiday sales
Earlier this month, JCPenney reported that comparable sales decreased by 7.5% during the nine-week …
Bethany Biron
5 mins read
Sears is on the brink of catastrophe as stores closures loom and top execs flee the company
The timing of the departures - so close to Sears' upcoming third-quarter earnings report and in the…
Hayley Peterson
1 min read
Macy's raises its guidance after a solid holiday season
"Macy's had a solid holiday shopping season, and we are pleased that our November/December performa…
Jonathan Garber
3 mins read
US politicians in major cities are calling for bars and restaurants to close ahead of St. Patrick's holiday as partygoers ignore social distancing despite coronavirus spread
Some public health experts have called the US to follow suit. On Saturday, for instance, a group of…
Andrew Dunn
2 mins read
Department stores surge following report of the best holiday sales in 6 years
Mastercard SpendingPulse had projected on December 15 this holiday shopping season could be the str…
Akin Oyedele
3 mins read
The holiday season cast further doubt over whether department stores can survive in a new age of retail
"The holiday season began strong - particularly during Black Friday and the following Cyber Week, b…
Mary Hanbury
1 min read
Radio Shack Plans Massive Store Closure And The Stock Is Crashing
"Our fourth quarter financial results were driven by a holiday season characterized by lower store …
Sam Ro
3 mins read
The ECB thinks Greece will need a bank holiday
The ELA was first put in place back in February, and the amount available under the program has bee…
Myles Udland
3 mins read
Kay, Zales, and Jared are hurting after sluggish holiday sales - and it's just the latest sign that millennials are turning the diamond business upside down
At the very end of 2018, Gracian Capital short-seller Matthew Kliber called Zales overvalued and pr…