Evercore ISI reaffirms its Outperform rating on Apple, citing a 7% year-over-year growth in January App Store revenue. While gaming faces headwinds, strong double-digit growth in categories like music and social networking helps offset the decline, underscoring the platform's diversification.
New data indicates Apple's App Store revenue grew to $3.4 billion in the first 35 days of its fiscal second quarter, a 6.3% year-over-year increase, as user spending continues to outpace download growth, according to a Bank of America analysis.
Automated retail chain VenHub began trading on the Nasdaq in January via a direct listing, as it taps a former Amazon Web Services executive to spearhead a major North American rollout of its unstaffed 'Smart Stores'.
Genuine Parts Company faces sustained pressure on its in-store sales, a two-year trend underscoring the challenges traditional auto parts distributors confront amid changing consumer habits and digital competition. While operational headwinds mount, some analysts see potential value in the company's extensive network and brand legacy.
The 106-year-old outdoor apparel brand Eddie Bauer is reportedly preparing for a Chapter 11 bankruptcy filing, a move that could shutter its entire North American store fleet. This would mark the third major financial crisis for the heritage brand in two decades.
Catalyst Brands, the operator of Eddie Bauer's North American stores, is preparing a Chapter 11 filing that threatens to shutter approximately 180 locations, with several Ohio stores already closed. The move highlights ongoing turbulence in the brick-and-mortar retail sector.
Catalyst Brands, the North American operator of the century-old outdoor apparel chain Eddie Bauer, is preparing for a Chapter 11 bankruptcy filing, a move expected to shutter its physical stores across the U.S. and Canada, including multiple locations in Ohio.
Kroger will close all 18 of its Little Clinic locations in Georgia by April, following a similar retreat by Walmart last year, as retailers grapple with the economics of operating in-store health centers.
Yum China Holdings (NYSE: YUMC) capped off a robust fiscal 2025 with accelerating store growth, improved profitability, and enhanced shareholder returns. The fast-food giant, operator of KFC and Pizza Hut in China, outlined an ambitious plan to surpass 20,000 stores next year while significantly boosting its franchise model.
The 106-year-old outdoor apparel brand, founded in Seattle in 1920, could see nearly 200 of its North American stores shuttered as its licensed operator moves toward Chapter 11 restructuring, though core brand operations are expected to continue.
The iconic outdoor apparel brand Eddie Bauer is preparing to file for Chapter 11 bankruptcy and close its physical stores across the U.S. and Canada, marking a decisive shift to a digital-first future while retaining some international retail presence.
The century-old outdoor apparel brand, owned by Catalyst Brands, is preparing a Chapter 11 filing that could shutter its North American store network, while its e-commerce and wholesale operations are set for a transfer to new licensee Outdoor 5.
Amidst sluggish sales and intense competition, Target appoints Michael Fiddelke as CEO and refreshes its board, placing store revitalization and operational efficiency at the heart of its turnaround strategy.
Snapchat has disabled hundreds of thousands of accounts belonging to users under 16 in Australia under new social media laws, but warns the legislation contains 'significant gaps' that may allow some minors to bypass protections.
Unity Software's new in-app web store integration with Coda could empower developers to bypass traditional marketplace fees, potentially altering the company's revenue streams and addressing its persistent valuation gap amid volatile stock performance.
Target is launching its largest-ever spring beauty collection, introducing over 3,000 new, predominantly budget-friendly items alongside redesigned in-store experiences and key leadership appointments, signaling a major strategic push to capture market share in the lucrative beauty sector.
India's Supreme Court has sharply criticized WhatsApp's privacy policy as 'cleverly designed to mislead users,' warning it could restore a ban on the app sharing Indian user data with parent company Meta. The court's intervention escalates a long-running antitrust battle that could reshape data practices in Meta's largest market.
The storied outdoor apparel brand Eddie Bauer is set to close all its physical stores across North America and file for Chapter 11 bankruptcy, marking a pivotal moment for a century-old retailer struggling to adapt in a rapidly changing market.
The iconic mall retailer Claire's, under new ownership, appoints retail veteran Michelle Goad as Chief Brand Officer to spearhead a transformation focused on modernizing its piercing services and store experience, betting against the e-commerce tide to reclaim its status as a cultural hub for young girls.
Boot Barn Holdings, Inc. reported a robust 16% year-over-year sales increase to $705.6 million for its fiscal fourth quarter, meeting analyst expectations. The retailer's growth is powered by strategic store expansion and the rising contribution of its higher-margin exclusive brands.
