“Blame It On the Rain” is more than the song that ended the musical career of early 90s sensation Milli Vanilli. The phrase is also a familiar refrain in retail — sung by retailers when disappointing results come at the same time as a streak...
Best Buy’s Q3 earnings report disappointed analysts this week, as both results and forecasts for the coming holiday quarter came in below expectations, according to news from CNBC. Same-store sales rose at Best Buy during Q3 — up 4.4 percent — but not by as much as...
It wasn’t all bad news when Nordstrom reported its Q3 earnings yesterday. In fact, the embattled retailer turned in a beat on both earnings and revenue. But falling same-store sales and an apparent stall-out at its sales-generating Nordstrom Rack line of stores were enough to...
Mixed results for Kohl’s as it posted its Q3 earnings report depressed stock prices in trading today as the retailer reported that sales took a hit when a series of hurricanes forced store closures. “Like most retailers, our third-quarter comps were negatively impacted by the hurricanes, which resulted...
October 09, 2024
With another major hurricane on the way, three federal agencies are warning companies not to take advantage of these natural disasters and cautioning consumers to watch out for the scams that often accompany these events. Scammers often take advantage of people trying to recover from natural disasters and people who are looking to donate to […]
November 16, 2017
Best Buy’s Q3 earnings report disappointed analysts this week, as both results and forecasts for the coming holiday quarter came in below expectations, according to news from CNBC. Same-store sales...
November 10, 2017
It wasn’t all bad news when Nordstrom reported its Q3 earnings yesterday. In fact, the embattled retailer turned in a beat on both earnings and revenue. But falling same-store sales...
November 10, 2017
Mixed results for Kohl’s as it posted its Q3 earnings report depressed stock prices in trading today as the retailer reported that sales took a hit when a series of hurricanes forced store...
