Keyword: retail
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*It’s Christmastime, and that means trying on clothes before and after the holiday. If you shop at Macy’s, please beware that your daughters and nieces may run into a strange looking man dressed as a woman in the store’s bathrooms and fitting rooms. More important, you should know that they have no rights. Indeed, a security guard, Javier Chavez, was fired from his job at a Macy’s store in Queens, New York, simply because he responded to a complaint by a woman and her daughter that a man dressed as a woman was in the women’s restroom. It’s actually worse...
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Hope for $3.1billion on Black Friday amid post-election spending boom Online shoppers charged out of the gate, spending more than $1.15billion between midnight and 5pm Forecasters expect the total value of Thanksgiving Day purchases to be more than $2billion It was an increase of more than 13 per cent on what was spent during the same time frame in 2015, and Adobe said it expected the Thanksgiving Day total to surge past $2billion in the next few hours. The forecasters expect almost $900million of the total figure to come from purchases made on mobile devices. The National Retailers Foundation says...
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WOOLWORTHS has cancelled Christmas in one of its German stores after claiming its only remaining customers are Muslim. The former high street favourite went bust seven years ago in the UK but still operates 300 stores across Germany. And a row has broken out after staff at a branch in Dortmund decided not to bother with Christmas decorations, gifts or music this year because it is now essentially a Muslim store. Shocked locals found out after the Christmas section, which featured decorations, gifts and and festive treats such as chocolate Father Christmases, was removed after just a few days on...
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Retailers have begun ditching Ivanka's brand under the growing pressure of the anti-Trump boycott. Shoes.com, a Canadian online shoe store, became the first retailer to announce it was dropping Ivanka Trump's shoe line last week, following the GrabYourWallet campaign. Shannon Coulter kicked off the boycott on October 11, a reference to Trump's now famous 'grab them by the p***y' remark from the audio tape and numerous allegations of sexual assault by the president-elect. Read more: http://www.dailymail.co.uk/news/article-3946184/Retailers-dump-Trump-Firms-begin-dropping-Ivanka-s-line-GrabYourWallet-boycott-begins-bite.html#ixzz4QIEpMOF9 Follow us: @MailOnline on Twitter | DailyMail on Facebook
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The scary clown craze is now affecting big businesses like Target, which is removing clown masks from its shelves just weeks before Halloween. [Snip] This decision was made out of "sensitivity to the issue at hand," the rep said.
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The Rise and Fall of the Army Surplus StoreBy Brett and Kate McKay on Oct 11, 2016 05:05 pm You’ve probably been to an army surplus store.They all look pretty much the same wherever you live. Surplus stores can be found in strip malls in the rough part of town or as stand-alone warehouse-style buildings with corrugated metal roofing and very few windows. They’re easy to miss while driving because they typically only announce themselves with a small yellow sign emblazoned with “Army Surplus” in black lettering.When you walk in, your nose is met with that distinct army surplus...
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She's leading Trump by THIS MANY points.
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As Election Day draws near, it looks like a slim majority of Drug Store News readers would prefer to see Donald Trump in the White House, according to our most recent online reader poll. Though the candidates are separated by fewer than 100 votes, at press time, 51% of readers (1163 votes) said they would vote Trump if the election were tomorrow, whereas 49% (1101 votes) said Hillary Clinton was their pick. These are the most recent results, but Drug Store News has been asking readers all year for their opinions on which candidate’s policies they would favor. We began...
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As retailers started opening their doors on Thanksgiving Day in recent years to offer deep discounts ahead of Black Friday, some consumers cried foul. They want the deals, but they don't want to leave their family celebrations to get them. Some also spoke up on behalf of employees of the stores that opened, saying it's unfair to ask them to also step away from family and friends on the holiday.
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Outdoor gear giants Bass Pro and Cabela's will combine in $5.5 billion deal announced Monday. The deal will give Cabela's shareholders $65.50 cash per share, but it creates uncertainty about jobs in the retailer's home state of Nebraska. The combined companies plan to keep some operations in Sidney and Lincoln, Nebraska, but it's not immediately clear how many jobs might be lost. Bass Pro CEO Johnny Morris says he hopes to continue growing the Cabela's brand alongside his own Springfield, Missouri, based chain.
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Within a month after the misguided policy, the company's market cap had already declined by $9 billion compared to where it should have been had Target kept its pre-April 19 correlation with its primary competitors, Walmart (WMT) and Costco (COST). By late May, the market cap hit reached $10.5 billion. As of the second week of June, the loss was $11 billion. Second-quarter earnings data are now out, showing that Target's earnings plummeted nearly 10%, with projected lower sales estimates for the remainder of 2016. Net sales declined more than 7% from the same period year over year. Corporate executives...
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After a slew of complaints online from parents who shop at target, Target is making a change. According to several tweets from an official Twitter account, Target is removing the recently added “tiny carts” from 72 of its stores this week where they were being tested. The change comes after a slew of complaints from parents....
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Walmart is apologizing for refusing to make a police officer’s retirement cake last week after an employee told the cop’s daughter that her “thin blue line” cake design might be considered racist.The police officer’s daughter, who has remained anonymous, told radio host Todd Starnes that she went to a Walmart in McDonough, Georgia on Thursday to ask for a cake with the American flag in black and white with a blue stripe added in.But one of the employees at the bakery balked at the common police officer emblem, telling the woman “the design could be perceived as racist and nobody...
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Two cash magicians confuse Walmart cashier out of $2100
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Moody's analysts say Sears and Kmart don't have enough money — or access to money — to stay in business. In a note published Wednesday, the analysts downgraded Sears' liquidity rating, saying the company is bleeding cash and will have to continue to rely on outside funding or the sale of assets, such as real estate, to sustain operations. "We recognize the risks associated with relying on these sources and continued shareholder support to finance its negative operating cash flow which is estimated by Moody's to be approximately $1.5 billion this year," the analysts wrote. Kmart in particular is...
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As another anniversary of the Sept. 11 attacks approaches, some tone-deaf companies can’t resist using the memory to sell products. A Wal-Mart store in Panama City Beach, Florida, was called out on social media for a tacky display that included stacks of soft drinks built to resemble the Twin Towers with a message that read: “We Will Never Forget.” The soda was on sale for $3.33.
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The heirs of late Walmart founder Sam Walton are backing Hillary Clinton for president. Collectively, the leading members of Arkansas' Walton family have given about $714,000 to the candidate and the Democratic Party during the current election cycle, federal records show. The donations are an example of the longstanding ties between the Walton and Clinton families. It is an awkward situation for the candidate, a former Walmart board member, since most of her allies in organized labor and the broader liberal movement detest the Waltons, mainly because of the company's anti-union stance.
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There are two indisputable facts surrounding Target’s decision to allow men to use the same bathrooms and changing rooms as women and little girls. First, Target’s stock has taken pounding since April. Second quarter earnings fell to $680 million, according to Market Watch. And revenue fell 7.2 percent. Second, more than 1.4 million consumers have joined American Family Association’s nationwide boycott of the nation’s second-largest discount retailer. The debate is whether there is a correlation between those two facts. Target CEO Brian Cornwell told Fortune magazine in May that the transgender bathroom policy has nothing to do with their financial...
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Target said Wednesday it is preparing to spend $20 million in the coming months to add single-stall bathrooms along with men’s and women’s restrooms in its stores, a move meant to accommodate shoppers who have expressed concern about the retailers’ policy of allowing customers and employees to use the bathroom that corresponds to the gender they identify with. “Some of our guests clearly are uncomfortable with our policy, and some are really supportive,” said Cathy Smith, Target’s chief financial officer, in a conference call wither reporters.
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Should we be worried if the stock market doesn’t seem to be? We get the oddest mixed signals from the economy sometimes, don’t we? In recent months, we have learned of 95 Ruby Tuesday restaurants that will be shutting their doors… and that Macy’s will be closing a hundred department stores… and that 255 Hancock Fabric stores will be closing… and that Sports Authority will close virtually all 450 of its locations… the list goes on and on. Every week, there’s another such announcement, and yet the Dow Jones Industrial Average keeps setting record highs. And so, some of us...
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