The Container Store’s difficulties continue with the New York Stock Exchange announcing it has begun proceedings to delist the common stock of The Container Store Group from the market. The NYSE move follows an announcement by Beyond that a deal that would have...
With a potential strike and the possibility of new tariff impositions by the United States looming, Global Port Tracker reported U.S. ports handled 2.25 million Twenty-Foot Equivalent Units, one 20-foot container or its equivalent, in October. That figure is down 1.2%...
Shopping center organization ICSC reported 207 million people, or about 79% of all adults in the United States, shopped during the five-day period ending on Cyber Monday of this year, four points higher than 2023 totals more the same period. In a similar result year...
Nordstrom sales and earnings outperformed Wall Street estimates in the third quarter, highlighted by solid comparable sales gains in the company’s department store and the off-price businesses. Net earnings were $46 million, or 27 cents per diluted share, versus...
With investor groups again challenging Macy’s to take the operation in a new direction, the company responded it is willing to engage shareholders, but it is confident in the strategy currently under implementation. The latest investor move comes after Arkhouse...
