Kohl’s Surprise CEO Departure Highlights Holiday Shopping Season Challenges

The retailer’s struggles continue with a leadership shuffle just before Black Friday.

Business - Inc. - 22 hours ago

Walmart U.S. CEO on DEI programs, Trump's proposed tariffs and holiday shopping season

John Furner, president and CEO of Walmart U.S., speaks exclusively with "CBS Mornings" about the potential impact of President-elect Donald Trump's tariffs, what to expect this holiday shopping ...

Walmart Stock Rises on Strong Earnings Ahead of Holiday Shopping Season

The bellwether retailer reported higher-than-expected sales in its latest quarter and upgraded its forecast for the rest of the year.

Business - The New York Times - November 19

FIA surprised by unexpected departure of F1 race director before end of 2024 season

Niels Wittich leaves role with three Grands Prix left Follows string of exits of senior FIA officials in recent months The Formula One race director, Niels Wittich, has stepped down from his ...

World - The Guardian - November 12

4 retail stocks that look good even if the holiday shopping season is soft

Wall Street research firm Telsey Advisory Group is upbeat on Costco, Amazon, Best Buy and TJX Companies.

Business - CNBC - November 2

Retailers brace for DEI blowback in lead-up to election, holiday shopping season

Some companies are concerned about attending public DEI events while others are strategizing on how to avoid criticism over their policies and programs.

Business - CNBC - November 4

Shopify’s stock heads for best day ever on upbeat holiday forecast

A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”

Business - MarketWatch - November 12

Target Stock Plunges After Weak Earnings Report Ahead of Holiday Season

The retailer’s downbeat earnings report, which included lower profit and larger inventory, fell far short of Wall Street’s expectations.

Business - The New York Times - 6 days ago

Kohl’s is bringing aboard a new, digitally-focused CEO. Its shares are falling.

Kohl’s Corp. on Monday said Tom Kingsbury would step down as its chief executive in January and that it would bring aboard a digitally-focused veteran of Walmart Inc. and Michaels to lead the ...

Business - MarketWatch - Yesterday

'Slow shopping' can save you money this holiday season. Here’s how it works

The trend toward making more mindful buying decisions can help you avoid impulse purchases and debt over the peak shopping season.

Business - CNBC - October 31

Retail sales climb again ahead of holiday shopping season. U.S. economy still has momentum.

Sales at retailers rose solidly in October and suggested the economy still has plenty of momentum heading into the holiday shopping season.

Business - MarketWatch - November 15

Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

Kohl's CEO Tom Kingsbury is stepping down on Jan. 15, to be replaced by current Michaels CEO Ashley Buchanan.

Business - CNBC - Yesterday

Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

Kohl’s is getting a new CEO, its third since 2018.

Trump's 2024 win highlights Democrats' economic challenge

The 2024 election saw a shift towards the GOP and MAGA, with Democrats needing to aggressively address economic anxieties in order to win back voters.

Politics - The Hill - November 15

Canadiens: The Big Surprise This Season

The Montreal Canadiens are already at the quarter mark of the season and one player could be called the biggest surprise of the season.

Sports - Yahoo Sports - 4 days ago

Edu Gaspar out at Arsenal: Sporting director who helped lead Gunners' rebuild makes surprise departure

Departure leaves Arsenal looking for a successor at the executive level less than two months before the winter window

Sports - CBS Sports - November 4

Boot Barn stock slides after CEO departure announcement, but Western-wear retailer’s forecast is more upbeat

Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.

Business - MarketWatch - October 29

3 Holiday Shopping Trends to Improve Customer Experience

Prepare your customer service team for the holiday rush with these insights.

Business - Inc. - November 15

Walmart Earnings: Holiday Shopping Is Off to a Strong Start

The retailer said sales rose during the most recent quarter, propelled by shoppers buying groceries, home goods and toys—a sign that spending is off to a steady start this holiday season.

Business - The Wall Street Journal - November 19

Cyberattack risk during the holiday season

The holidays are often called the season of giving, but for cybercriminals, it's the season of hacking. This year, corporate giants have suffered paralyzing cyberattacks, and a new study found that ...

Shop sales in surprise fall as Budget fears hit spending

Sales volumes fell by more than expected in October with clothing stores having a "notably poor" month.

Walmart Holiday Shopping Plans Are Laid Months Before Black Friday

To prepare for ever-longer shopping season, thousands of employees were assembled for a retail jamboree in Florida’s August heat.

Business - The New York Times - October 31

Discounters Like Burlington, T.J. Maxx Expected to Win Holiday-Shopping Wars

Investors can expect a bleak outlook for department stores that have struggled to provide consumers with the value they’re looking for, but discounters such as T.J. Maxx, Ross Dress for Less and ...

Business - The Wall Street Journal - October 31

Gap says it picked up wealthier shoppers, and more market share, despite weak clothing demand

Shares of Gap Inc. rallied after hours on Thursday after the clothing retailer pushed its full-year outlook higher and said the holiday shopping season was “off to a strong start.”

Business - MarketWatch - 5 days ago

Want to comfortably splurge on holiday shopping? You’ll need to make this much money.

Concerns about the economy won’t keep Americans from getting into the holiday spirit — and the highest earners are ready to shell out plenty of extra money while shopping this weekend.

Business - MarketWatch - 5 hours ago

OpenAI CEO Sam Altman’s Salary Might Surprise You

The executive behind ChatGPT gets the vast majority of his riches from personal investments.

Business - Inc. - 6 days ago

The Biggest Surprises of the N.B.A. Season So Far

The 2024-25 slate is less than two weeks old, but some noteworthy trends are already starting to emerge across the league.

Sports - The New York Times - November 1

Biggest surprises and underperformers of the season so far

From the Bucks' dismal start to the Pistons' ascension in the East, our NBA insiders break down the league.

Sports - ESPN - November 15

Biggest surprises, disappointments one month into the season

The fantasy crew goes over which players are the biggest overperformers and underperformers so far during the 2024-25 NBA season.

Sports - ESPN - 6 hours ago

Retailers Stock Supersize TVs Ahead of Holiday Season

In Q4, giant TV sales see a marked holiday boom.

Business - Inc. - November 4

5 Great Ways to Stand Out This Holiday Season

A couple of simple steps to having a great holiday selling season.

Business - Inc. - November 13

Is gold still worth buying this holiday season?

With the price of gold high, some buyers may be considering skipping it this holiday season. Here's what to consider.

3 reasons to invest in gold this holiday season

Eyeing gold investments right now? Here's why this may be a good time to make your move.

What are the most anticipated movies of the Thanksgiving, holiday season?

Fandango's November survey discovered which movies are the most highly anticipated ahead of the holiday season. Managing editor Erik Davis joins CBS News to discuss the films people are itching to ...

NHL insiders debate the biggest surprises, best moments of the season

With 20 days in the books, our panelists revisit preseason predictions.

Sports - ESPN - October 30

Jordan Poole, Dyson Daniels and eight other early-season surprises

Our fantasy experts go over the players that have stood out during the opening week of the season.

Sports - ESPN - October 31

Pritchard's Sixth Man quest among four Celtics early-season surprises

From Payton Pritchard's scorching start to the encouraging play of two reserves, Chris Forsberg breaks down four early-season Celtics storylines.

Sports - Yahoo Sports - November 8

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