Overstock.com Inc Chief Executive Officer Patrick Byrne lashed out on Friday at investors who questioned his recent sale of shares, saying he had to supplement his $100,000 a year salary and vowing never to "give such an explanation again."
Macy's Inc said on Wednesday the latest tariffs on Chinese imports by Washington are hitting its furniture business and warned investors that additional levies would leave its clothing and accessory categories vulnerable as well. | Video
May 14 With private fitting rooms, members-only
stores and clever apps, U.S. department stores are reinventing
their old and tested loyalty programs to fend off the challenge
from e-commerce giant Amazon.com Inc and other online
With private fitting rooms, members-only stores and clever apps, U.S. department stores are reinventing their old and tested loyalty programs to fend off the challenge from e-commerce giant Amazon.com Inc and other online rivals.
Tapestry Inc on Thursday unveiled its biggest buyback plan in nearly seven years and beat Wall Street estimates for third-quarter profit as it sold more Coach and Kate Spade handbags, sending its shares up 17 percent.
Kraft Heinz Co will restate financial reports for a near three-year period to fix errors that resulted from lapses in procurement practices by some of its employees, the packaged food company said in a filing on Monday. | Video
Under Armour Inc raised its full-year earnings forecast after quarterly results beat estimates on Thursday, propped up by higher sneaker sales in international markets and an improvement in its sluggish North America business, sending shares up as much as 9 percent.
Chipotle Mexican Grill Inc beat Wall Street estimates for quarterly revenue and profit on Wednesday, as the restaurant chain's marketing efforts and aggressive investments in online ordering and deliveries attracted more customers.
Levi Strauss & Co posted a 7 percent rise in quarterly revenue on Tuesday after returning to public markets last month, driven by the jeans maker's strategy to invest in its retail stores and online business.