Dylan Carden News Today

Retail industry news, voices and jobs. Optimized for your mobile phone.

(Bloomberg) -- Abercrombie & Fitch Co. shares jumped after the retailer blew past first-quarter sales estimates, extending its bounce back from the teen fashion graveyard.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarWarning Signals Are Flashing for Homeowners in Texas and Florida‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 KilometersWall Street Returns to T+...

Citing a competitive environment, Ulta Beauty CEO David Kimball said the company has seen a slowdown in sales growth.

BIRD earnings call for the period ending December 31, 2023.

While sales growth could slow in 2024, analysts believe profitability still has room to run.

Aritzia Inc. seemed poised for a stellar 2023, but fast forward a year and the promise has yet to turn into profit. Find out more here.

Aritzia Inc. seemed poised for a stellar 2023, but fast forward a year and the promise has yet to turn into profit. Find out more here.

Last year saw several retailers report that their profits were being hurt by “shrink.” That’s the industry term for lost inventory due to a variety of factors, though much of 2023’s reporting dealt with losses from a wave of retail theft. But as 2024 begins, investors and analysts are hoping to get more answers from retail chains about

The struggling fashion retailer began a makeover in mid-2022 that ignited share gains of 285%. Driving the change: new stores, new products, and new target...

Industry body the National Retail Federation (NRF) has retracted a claim that organized retail crime accounted for nearly half the industry’s $94.5bn losses from theft