Retail Industry
The Latest
-
Hasbro Shares Drop Following Poor Q2 Earnings Result
Hasbro reported a net loss of around $33.9 million, or roughly 25 cents per share, for its latest quarter ending on June 28. 
Hasbro reported a net loss of around $33.9 million, or roughly 25 cents per share, for its latest quarter ending on June 28. -
Walmart Will Be Closed On Thanksgiving For The First Time
While it will be closed for Thanksgiving, Walmart has yet to detail its actual store hours for Black Friday. 
While it will be closed for Thanksgiving, Walmart has yet to detail its actual store hours for Black Friday. -
Coca-Cola To Cut Hundreds Of Underperforming 'Zombie' Brands
Coca-Cola is moving ahead with its plans to remove underperforming "zombie" brands and focusing more on its stronger products. 
Coca-Cola is moving ahead with its plans to remove underperforming "zombie" brands and focusing more on its stronger products. -
Tailored Brands To Close Down 500 Men's Warehouse Outlets
Tailored Brands announced that it would be reducing its workforce by 20 percent and closing down 500 out of its 1,450 Men's Wearhouse outlets. 
Tailored Brands announced that it would be reducing its workforce by 20 percent and closing down 500 out of its 1,450 Men's Wearhouse outlets. -
Gap Shares Dip After Kanye West Threatened To Leave Apparel Deal
Gap's share prices dropped by 7.4 percent on Monday after Kanye threatened to walk away from his deal with the company. 
Gap's share prices dropped by 7.4 percent on Monday after Kanye threatened to walk away from his deal with the company. -
Best Mart 360 To Move Ahead With Greater Bay Area And Macau Expansion
Best Mart 360 is reportedly testing the waters in the Guangdong region, where it plans to open new outlets. 
Best Mart 360 is reportedly testing the waters in the Guangdong region, where it plans to open new outlets. -
Nationwide Coin Shortage Hits U.S. Retailers Amid Supply Disruptions
U.S. gas stations, supermarkets, convenience stores, and retail outlets are reportedly running out of coins, leading some to only accept exact payments and plastic. 
U.S. gas stations, supermarkets, convenience stores, and retail outlets are reportedly running out of coins, leading some to only accept exact payments and plastic. -
Jack Ma Cashes Out Alibaba Stake Worth Billions Of Dollars
Jack Ma has reduced his stake in Alibaba and cashed out an estimated $9.6 billion from the divestment. 
Jack Ma has reduced his stake in Alibaba and cashed out an estimated $9.6 billion from the divestment. -
New York & Co Parent Firm Files For Bankruptcy, To Close All Stores
RTW Retailwinds, which owns fashion brands New York & Company, Happy x Nature, and Fashion To Figure, officially filed for Chapter 11 Bankruptcy Protection on Monday. 
RTW Retailwinds, which owns fashion brands New York & Company, Happy x Nature, and Fashion To Figure, officially filed for Chapter 11 Bankruptcy Protection on Monday. -
U.S. Kitchenware Firm Sur La Table Files For Bankruptcy
While undergoing the bankruptcy process, Sur La Table will be actively seeking for a buyer to ensure its brand's survival. 
While undergoing the bankruptcy process, Sur La Table will be actively seeking for a buyer to ensure its brand's survival.
