Hints and tips:
...Department store Macy’s, grocery chain Kroger, and electronics retailer Best Buy will report earnings before Wall Street’s opening bell, while wholesaler Costco and luxury department store Nordstrom report...
...Trump leads the race for the party’s nomination by a significant margin, a recent New York Times/Siena poll suggesting Trump can command 44 per cent of the party’s votes with Florida governor Ron DeSantis...
...The company has plans to open more than 120 stores, about half of which will be in North America. Investors will find out more with a trading update on Wednesday....
...Macy’s reports before the opening bell and is expected to post quarterly revenue of $5.64bn, up from $3.55bn a year earlier....
...Saylor told the FT that he lives in Florida. One interesting point is that the report first came from a whistleblower, who has filed through an entity called Tributum LLC, based in Wyoming....
...Macy’s and Dick’s Sporting Goods report before the opening bell. Department store chain Nordstrom, retailer Urban Outfitters and furniture company La-Z-Boy report after the close....
...Discount stores Dollar General and Dollar Tree also report earnings as well as big box retailer Costco Wholesale and department store Macy’s....
...If Trump succeeds, one of the biggest winners will be Patrick Orlando, a Florida-based financial executive whose little-known firm, ARC Global Investments II LLC, put up $25,000 to buy a stake in the blank...
...If the vote to unionise passes, workers at the Bessemer plant will join the Retail, Wholesale and Department Store Union, which represents about 100,000 workers, including at companies such as Macy’s and...
...Meanwhile, Apple has closed 18 of its stores across Texas, Arizona, Florida, North Carolina and South Carolina....
...Two things to start: Canadian convenience store group Couche-Tard has approached France’s Carrefour about a takeover in a deal that would combine two retail groups jointly worth more than $50bn....
...Jeffrey Gennette, chief executive of department store group Macy’s, said last week that the recovery had “modulated” and the performance of the company’s outlets in states including Texas, Arizona and Florida...
...Looters ripped off the boards that had been protecting Macy’s flagship department store in Herald Square and ransacked it....
...Today the real estate investment trust is the country’s biggest mall owner, with a portfolio comprising large centres including King of Prussia in Pennsylvania, Sawgrass Mills in Florida and Del Amo Fashion...
...The fight among mid-market department stores such as JCPenney and Macy’s, which had a far larger footprint than upmarket rivals like Nordstrom or Saks, has been just as brutal....
...Tens of thousands of retail workers are already being furloughed without pay at Victoria’s Secret owner L Brands, while Macy’s warned its workforce of about 125,000 on Monday that it was unclear when stores...
...Sharp declines in the department store chains Macy’s and Kohl’s contributed significantly to the total....
...Over the past week Texas, Florida, Arizona and Colorado all ordered bars statewide to close....
...(FT) Deutsche Bank boosted as Capital Group takes 3% stake (FT) Société Générale cheered by signs of recovery at investment bank (FT) Google’s Cash Cow Search Business Is Being ‘Hollowed Out’ (BBG) Macy...
...Smart reads Retail therapy Manhattan is on the verge of trading one famed department store — Barneys — with another....
...Florida’s governor Ron DeSantis issued a month-long “stay at home” order and domestic air travel could face restrictions....
...cannot fund the kind of investment in stores that we can”....
...Wade Miquelon, chief executive of Jo-Ann Stores, an Ohio-based fabric and crafts chain with about 870 stores and 23,000 employees, said that even if retailers did push up prices in response they risked hurting...
...Macy’s stock lost nearly 18 of its value after the department store chain slashed its earnings and comparable sales guidance, noting a slowdown in the middle of December....
...Supply has begun to tighten even in shopping malls, a sector particularly hard hit by closures among anchor tenants such as Macy’s and JCPenney....
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