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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People are wearing protective face masks outside the Home Depot in the Flatiron neighborhood as the city reopens Phase 4 following restrictions imposed to slow the spread of coronavirus on August 8, 2020 in New York City. Noam Galai | Getty Images Home Depot on Tuesday reported that its quarterly …
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New York Gov. Andrew Cuomo announced Monday that gyms in the state, which have remained closed for about five months, could take over new operations next week. Cuomo said gyms will be allowed to resume operations with a capacity of 33% as soon as August 24th. He added that gyms …
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Jamie Salter, Chairman and CEO of Authentic Brands Group LLC. Norm Betts | Bloomberg | Getty Images He helped save Barney’s from liquidation last year and plucked retailers Brooks Brothers and denim clothing maker Lucky Brand from bankruptcy this month – just warming up for Jamie Salter. “I’m in the …
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The Singapore government has allocated another $ 8 billion ($ 5.8 billion) to support the economy coming under pressure from the coronavirus pandemic, Deputy Prime Minister and Minister of Finance Heng Swee Keat said on Monday. “The resulting economic impact has been serious,” Heng, who is also coordinating economic policy …
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