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Activist pressures Kohl’s to consider sale of online biz, report says

People visit Kohl’s departmental store during the coronavirus epidemic in San Francisco on September 5, 2020. Getty Images| China News Service | Getty Images A militant is said to be pressurizing Kohl’sFollowing a reorganization, you may be asked to decide whether or not your online business should be sold. similar move by the department store […]

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Weeks ahead will test retailers’ lofty expectations

The Willow Grove Park Mall is Willow Grove in Pennsylvania. Shoppers climb and descend the escalator. November 14, 2020. Mark Makela | Reuters It is beginning to feel a bit like Christmas. This year, it might not. Retailers hope that consumers will continue to spend with only 24 days before the holiday. The Thanksgiving weekend […]

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Allbirds (BIRD) reports Q3 2021 earnings

An Allbirds store is seen in Georgetown, Washington, D.C. on Tuesday, February 16th 2021. Bloomberg | Bloomberg | Getty Images AllbirdsTuesday’s announcement stated that the company’s third quarter revenues rose by 33% over last year. However, its losses increased as the price of opening more stores and listing its stock made a significant impact on […]

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Lululemon fires back at Peloton in apparel feud with patent lawsuit

One employee stocks clothes at Lululemon Athletica, a London sports apparel store located on Regent Street. Simon Dawson | Bloomberg | Getty Images Lululemonhas filed an anticipatory patent lawsuit against PelotonIn a growing dispute over leggings and sports bras, Lululemon filed a lawsuit Monday against Peloton in the Central District of California. It claimed it […]

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Black Friday shopping in stores drops 28% from pre-pandemic levels

Black Friday Sales begin in Simpsonville at The Outlet Shoppes Bluegrass on November 26th, 2021. Shoppers are seated next to one another with bags purchased from different stores. Jon Cherry | Reuters Black Friday traffic dropped by 28.3% when compared to 2019, as Americans began shopping online earlier and shifted their spending more frequently, according […]

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Sustainability is on the wish list this holiday season

SustainAble Home Goods offers a variety of eco-conscious items online, as well as cloth wrapping that can easily be reused. Source: SustainAble Home Goods Children might wake up Christmas morning looking for more handmade gifts than wrapping paper. Accenture surveyed 1,515 U.S. shoppers in August to find out their holiday plans. According to the survey, […]

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Peloton has sued Lululemon in feud over cycle maker’s new apparel line

Cari Gundee uses her Peloton to exercise at home in San Anselmo on April 6, 2020. Ezra Shaw | Getty Images PelotonHas sued LululemonThe leggings manufacturer threatened to sue the linked fitness company for causing them harm earlier in the year. Peloton’s suit against the company was filed Wednesday in Manhattan federal court. It comes […]

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More Americans won’t be buying holiday gifts this year

Donna Hilliard was the Executive Director at Code Tenderloin. Source: Code Tenderloin Code Tenderloin in San Francisco is a non-profit organization that assists the homeless. They have gift cards valued at $7,000 and are available to help those who require financial aid during the holidays. Since the beginning of this year, members of our community […]

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10 to be announced in January

A shopping center indoor is closed due to restrictions by California’s State during the worldwide coronavirus epidemic (COVID-19), in Carlsbad California, U.S.A, July 14, 2020. Reuters| Reuters Macy’sIt said that it was rethinking the date it would close all 60 of its remaining stores. a batch of 125 That was on the verge of going […]

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Macy’s (M) Q3 2021 earnings beat

Macy’s entrances will be decorated in Christmas lights on December 4, 2020 in New York City. Getty Images Entertainment | Getty Images Entertainment | Getty Images Macy’sThe department store chain reported on Thursday third quarter earnings and sales which exceeded analysts’ expectations. This led to the company raising its full year forecast before the holidays. […]