Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Shares of Abercrombie & Fitch rose after clothing retailer reported a quarterly gain on Thursday morning and an impressive 56% online revenue growth during the coronavirus pandemic. The …
Read More »Kohl’s sees billions in market share go free as retailers go bankrupt
Customers leave a Kohl’s store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Kohls sees an opportunity in the coronavirus pandemic to steal market share from troubled retailers and gain new customers if competitors go bankrupt and liquidate their stores. “We …
Read More »Kohl’s (KSS) reports loss of Q2 2020 per share
A view outside a Kohl’s store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images Kohl’s revenue fell 23% during the fiscal second quarter, the retailer said Tuesday, which was not as bad as analysts feared as the coronavirus pandemic forced stores to close in the US …
Read More »Stock futures are flying in overnight trading as the S&P 500 inches closer to record
A pedestrian pass for the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Stock futures were flat on Monday in the stock market as the S&P 500 again failed to reach a record high, set a level before the coronavirus crisis hit. Futures on the Dow Jones …
Read More »America’s Car-Mart, Kohl’s, Uber and more
A view outside a Kohl’s store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images Check out the companies that make headlines around the clock: America’s Car-Mart – Shares of America’s Car-Mart jumped nearly 5% in expanded trading after the auto-financing company reported better-than-expected revenue. The company …
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