Macy’s is trimming its expectations for the year despite topping expectations in its most recent quarter as it faces a glut of unsold inventory that has afflicted almost the entire retail sector...
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Macy’s reported fiscal second quarter results that beat Wall Street estimates, but lowered its outlook as it faces a glut of inventory it needs to clear out amid a consumer pullback...
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Foot Locker is naming former Ulta Beauty CEO Mary Dillon as its chief executive, replacing Richard Johnson, who will retire next month after leading the athletic retailer since 2014...
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The numbers guy did the math: Allen Weisselberg — a longtime loyal lieutenant to Donald Trump — could have gotten years in prison if he went to trial and failed to beat tax evasion allegations...
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A federal judge in Cleveland has awarded $650 million in damages to two Ohio counties that sued pharmacy chains CVS, Walgreens and Walmart saying their opioid distribution policies created a public nu...
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Target has reported solid sales for the fiscal second quarter but its profits plunged nearly 90% because it slashed prices to clear unwanted inventories of clothing, home goods and other discretionary...
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Stocks are opening lower on Wall Street Wednesday as traders absorb some discouraging news about how much Americans are spending...
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Stocks are opening mostly lower on Wall Street Tuesday despite some encouraging results from Walmart and Home Depot, which both beat analysts' forecasts for earnings in the latest quarter...
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U.S. gas prices have dipped under $4 a gallon for the first time in more than five months...
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Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month...
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