Billions of Dollars at Stake in a Puzzling Holiday Shopping Season
It promises to be unpredictable, with retailers and consumers still figuring out how much will be spent and on what kinds of goods.
Source: nytimes.com
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Black Friday 2022 guide to NJ mall hours, prices and attractions
American Dream, Garden State Plaza and other malls will rely on COVID fatigue to drive shoppers to the stores, despite rising costs of living.
Source: njherald.com
Macy's, Kohl's, Gap point to cloudy holiday retail picture
NEW YORK — Results from Macy's, Kohl's and Gap on Thursday further underscored the cloudy picture for U.S. retailers heading into the start of the holiday season.
Source: nwitimes.com
Business Highlights: FTX mess, drop in mortgage rates
___ Exec who cleaned up Enron calls FTX mess ‘unprecedented’ NEW YORK (AP) — The man who had to clean up the mess at Enron says the situation at FTX is even worse, describing what he calls a “complete failure” of corporate control.
Source: apnews.com
Kohl's Withdraws Full-Year Outlook as Sales Decline
Kohl’s (NYSE: KSS) withdrew its full-year guidance on Thursday, amid volatility in the retail industry as well as its “unexpected CEO transition.”
Source: financialbuzz.com