A subscription online subscription service for women to rent designer dresses and accessories, found at Rent the Runway Store, September 12, 2019 in the US, New York, New York City. Shannon Stapleton | Reuters Rental Runway implements its membership plans, eliminating the unlimited rental option, as customers change clothes and …
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The growth rate for retail sales this holiday season is forecast to be less strong than in recent years, according to forecasts released on Tuesday by consulting firm Deloitte. But, how growth is being muted will depend on how much high-income consumers split, and how much belt-tightening happens in low-income …
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Department store chain Lord & Taylor is closing two dozen stores for good, as it continues to seek a buyer to restructure under Chapter 11 bankruptcy protection and keep its business alive. Deals will be up to 40% short, the company said Thursday morning, as it released a full list …
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A woman wearing a protective mask passes a homeless person during the coronavirus pandemic on May 12, 2020 in New York City. John Lamparski | Getty Images Victoria’s Secret owner L Brands posted a surprise profit and better-than-expected turnover in the last quarter, sending its shares higher in the aftermarket …
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Target on Wednesday blew up any forecast on Wall Street for its fiscal second quarter as it drew millions of new customers online, setting a record for sales from the same store that boosted profits by a staggering 80.3% to $ 1.7 billion. Sales online and to stores that have …
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