Plunge Star Retailer

Abercrombie & Fitch shares plunge 15% after star retailer posts weak guidance for year ahead

Abercrombie & Fitch's business may be leveling out after two years of explosive growth.

CNBC - 21h

Illegal border crossings plunge to lowest level in decades

Illegal border crossings have sunk to the lowest level in at least 25 years. CBS News immigration and politics reporter Camilo Montoya-Galvez examines what's behind the drop.

CBS News - 2d

Trudeau slams Trump's tariffs as stocks plunge

Canadian Prime Minister Justin Trudeau is calling out President Trump's tariffs levied. This comes as the stock markets show signs of panic among investors over the tariffs. CBS News' Lana Zak has ...

CBS News - 1d

Shares in Australia’s largest listed tech group plunge as majority of board quits

Allies of scandal-hit co-founder Richard White take control as independent directors resign over ‘intractable differences’

Financial Times - Feb. 24

My truck plunged into a ravine – and for six days I was trapped, alone and afraid

Pinned inside his vehicle, Matthew Reum waited for help to come. But no one knew he had gone missing …. Matthew Reum was driving home late on a dark, foggy night in Indiana when his headlights ...

The Guardian - Feb. 25

Consumer confidence plunged in February amid rising economic concerns

Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four years.

CBS News - Feb. 25

Seven & i shares plunge after founding family abandons $58bn buyout

Group led by Ito family unable to secure financing for Japanese convenience store chain

Financial Times - Feb. 27

Illegal border crossings plunge to levels not seen in decades amid Trump crackdown

Over the past 25 years, the only time monthly apprehensions came close to the level recorded in February was in April 2017.

CBS News - 4d

Wall Street Journal knocks Trump over ‘dumbest tariff plunge’

The Wall Street Journal’s editorial board slammed President Trump on Monday, calling his plan to place tariffs on other countries the “dumbest tariff plunge.” The board, in an editorial published ...

The Hill - 1d

How will Trump justify the stocks plunge reacting to his tariffs?

President Trump is set to address both chambers of Congress as his tariffs spook investors and drive down stocks. CBS MoneyWatch correspondent Kelly O'Grady reports.

CBS News - 1d

Walmart shares drop as retailer says profit growth will slow

Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.

CNBC - Feb. 20

How to close loopholes on Chinese e-commerce and boost US retailers

A well-calibrated approach — one that prevents Shein and Temu from exploiting loopholes while incentivizing compliance and supporting vetted sellers on U.S. platforms — would best serve the United ...

The Hill - Feb. 22

Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores

The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil.

The New York Times - Feb. 24

Smaller In-Store Stock Selection Dampens Retail Customer Satisfaction

Smaller retail footprints and shrunken inventories to adjust to surging online sales leave many stores understocked, often disappointing shoppers.

Inc. - Feb. 25

How New York’s Plan for Reparations Became a Debt Trap for Marijuana Retailers

New York persisted with a plan to build flagship dispensaries for people the state once prosecuted for weed offenses, even as it failed to meet its goals.

The New York Times - Feb. 26

Costco gold: Everything to know about buying the metal at the retail chain

Costco offers physical gold bars and coins, but weigh the pros and cons before buying from the retailer.

CBS News - 5d

What to know about Friday's economic blackout planned against retailers

An economic blackout has been planned for Friday. The movement calls on consumers to avoid all unnecessary spending, especially at major retailers. The boycott aims to call attention to higher ...

CBS News - 5d

Why foreign retailers like Primark and Mango are expanding across the U.S.

Apparel retailers from Primark to Mango and Aritzia are expanding across the U.S., and not just along the coasts.

CNBC - 2d

Iberdrola signs 1,000GWh PPA with Italian retailer Pam Panorama

Yahoo News - 2d

Trump tariffs will mean higher prices for consumers, retailers say

Retailers including Best Buy and Target are warning that Trump administration tariffs will force them to hike their prices.

CBS News - 14h

Toss Securities: Democratizing Global Retail Investing to All Investors

Toss Securities, a fast-growing South Korean investment platform, is transforming digital retail investing with a user-focused, data-driven approach. By leveraging technology, it empowers retail ...

CBS News - 3h

Block shares plunge 18%, for worst day on market in 5 years after earnings miss

Block had its worst day on the stock market since 2020 after the company reported an earnings miss.

CNBC - Feb. 21

Hims & Hers shares plunge 22% on concerns over weight loss business, margins

Hims & Hers on Monday released fourth-quarter results that disappointed on gross margin and sparked concerns about the future of its weight loss business.

CNBC - Feb. 25

Block's 28% plunge in February leads fintech sell-off, while Stripe shows benefit of staying private

Fintech stocks plummeted in February, paced by Block's drop, but Stripe's valuation soared to a near-record high in the private market.

CNBC - 5d

The economy’s at risk of plunging into an air pocket, says JPMorgan. What that would mean for stocks.

Investors are brushing aside the possibilities of more turbulence to come for the U.S. economy and potential fallout for markets, warns JPMorgan.

MarketWatch - 2d

Best Buy shares plunge as CEO warns price increases are 'highly likely' due to Trump tariffs

Best Buy beat Wall Street's fourth-quarter earnings and revenue estimates as the company's computing and phone sales increased.

CNBC - 1d

Trump says a "little disturbance" in markets is ok after stocks plunge amid trade war

The S&P lost all post-Election Day gains as stocks tumbled for a second day Tuesday amid President Trump's trade war. Mr. Trump addressed the market and detailed his plan for tax cuts during his ...

CBS News - 23h

Warning of economic uncertainty as Walmart stocks tumble after retailer lowers sales outlook

CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to analyze a possible sign that the economy could slip back this year due to lower consumer spending. Walmart's yearly sales ...

CBS News - Feb. 21

Nintendo Alarmo Now Available At Major Retailers - Mario Will Wake You Up For $100

Nintendo Alarmo - Interactive Alarm Clock ...

GameSpot - Feb. 21

How digitally native companies like Rothy's are growing profitably in a new era for retail

Flats maker Rothy's is growing profitably after expanding into wholesale and building its store fleet. In 2024, it saw sales grow 17%.

CNBC - Feb. 25

How digitally native companies like Rothy's are growing profitably in a new era for retail

Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO.

NBC News - Feb. 25

Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak

Home Depot narrowly beat fourth-quarter earnings estimates, but it gave lackluster sales guidance as high interest rates and home prices pose challenges.

CNBC - Feb. 25

Here's why Home Depot remains a buy after retailer clears lowered earnings bar

We're also reiterating our price target of $440 a share on Home Depot stock.

CNBC - Feb. 25

Advance Auto Parts’ stock skids as retailer predicts weak sales next quarter

Advance is also in the middle of a restructuring plan that will result in the closing of 500 stores.

MarketWatch - Feb. 26

We're lifting our price target on off-price retailer TJX after another strong quarter

The stock climbed more than 3%, to over $126 a share.

CNBC - Feb. 26

Monster Hunter Wilds Steelbook Edition In Stock At Best Buy, Sold Out At Multiple Retailers

Monster Hunter Wilds Standard Edition $70 on console | Get Steam key for ...

GameSpot - 6d

Friday’s ‘economic blackout day’ boycott shows shoppers are fed up with high prices. Will it hit retailers where it hurts?

One day can make a difference to retailers, but the biggest impact of the 24-hour economic blackout protest could be the message it sends about the mood among consumers right now.

MarketWatch - 5d

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