Beyond, Inc. issued an update on its agreement to acquire a minority stake in The Container Store, warning the deal might fall through if The Container Store can’t secure new financing. The pending $40 million investment transaction might collapse, Beyond...
Despite lower comparable sales, Williams-Sonoma beat Wall Street earnings and revenue estimates, and the company noted that newness at its stores has helped position it for the holidays. Net earnings of $249 million, or $1.96 per diluted share, versus $237.3 million,...
TJX Cos., after a solid third quarter, declared the company’s fourth quarter is off to a good start ahead of what it expects to be a strong holiday finale. Net income was $1.3 billion, or $1.14 per diluted share, versus $1.19 billion, or $1.03 per diluted share,...
Target reported shopper caution in discretionary spending pressured the retailer’s third-quarter sales and earnings, which fell short of expectations. Net earnings were $854 million, or $1.85 per diluted share, versus $971 million, or $2.10 per diluted share, in...
Gen Z is leaning on buy-now-pay-later funding to fuel its holiday spending, according to a survey conducted by Dynata for Glassbox, which provides customer intelligence support for banks in the United States. At a time when paying for goods and services is undergoing...
