On his second day as CEO, Michael Fiddelke, the third Iowan to lead the retail giant, visited Target's new prototype store in Waukee. The visit comes as the company navigates slowing sales and public pressure on social issues.
Catalyst Brands, the licensee for Eddie Bauer's North American stores, is preparing a Chapter 11 filing, potentially putting hundreds of physical locations at risk while the brand's online and wholesale operations continue under new management.
The iconic outdoor apparel retailer Eddie Bauer is closing its remaining brick-and-mortar locations across the United States as part of a bankruptcy restructuring, shifting its future focus to e-commerce, manufacturing, and brand licensing through a new partnership.
Catalyst Brands, the operator of Eddie Bauer's North American stores, is preparing a Chapter 11 bankruptcy filing, potentially leading to the closure of all locations, including eight in Wisconsin, as the century-old brand faces another financial reckoning.
CNBC's Jim Cramer pushed back against growing investor pessimism surrounding Apple Inc., calling its recent quarterly performance 'fantastic' and reaffirming his confidence in the tech giant's long-term trajectory amid supply chain and innovation debates.
An AI-driven analysis forecasts Apple shares could see a slight decline to around $250 by mid-April, despite a generally bullish long-term outlook fueled by its services growth and AI integration.
Saks Global is dramatically scaling back its off-price footprint, closing 57 Saks OFF 5TH stores as part of a Chapter 11 restructuring. The move signals a sharp strategic turn towards full-price luxury retail, leaving just a dozen discount outlets operational nationwide.
Amid a mixed quarter for the apparel retail sector, Zumiez (NASDAQ:ZUMZ) posted standout results, beating revenue and profit estimates. We analyze its performance alongside peers like American Eagle and Gap, which also exceeded expectations, while others like Torrid struggled.
A city-led operation has closed nine Tenderloin convenience stores allegedly operating as fronts for drug sales, illegal gambling, and fencing stolen goods, seizing weapons and cash in a bid to curb neighborhood crime.
A Northern California jewelry store robbery was abruptly disrupted when a civilian commandeered the suspects' idling vehicle and rammed it into the storefront, forcing the armed thieves to flee on foot, police report.
Saks Global is closing most of its Saks OFF 5TH off-price stores across the U.S., leaving only a dozen locations open as it refocuses on core luxury and full-price retail after a recent Chapter 11 filing.
The 104-year-old Seattle-based outdoor institution, once boasting nearly 600 stores globally, is reportedly preparing for a Chapter 11 bankruptcy filing that would close its roughly 200 remaining brick-and-mortar locations across the continent.
STAAR Surgical's stock fell sharply after the ophthalmic device maker announced the appointment of interim co-CEOs, fueling investor uncertainty following the CEO's recent departure and a failed takeover attempt.
The century-old outdoor apparel brand, famed for pioneering the quilted down jacket, is preparing to close its North American retail footprint while its licensing and e-commerce operations continue under new management.
The future of Eddie Bauer's extensive North American store network is in jeopardy, with a bankruptcy filing imminent for its operating entity. While e-commerce and wholesale operations have been transferred, the fate of hundreds of physical retail locations hangs in the balance.
Citigroup initiates coverage of Dutch Bros Inc. with a Buy rating and an $82 price target, citing the drive-through coffee chain's successful national scaling and multiple drivers for sustained same-store sales growth over the coming years.
The startup, which pivoted from digital business cards, now provides the API infrastructure enabling AI companies to deploy chatbots directly within iMessage, RCS, and SMS, capitalizing on the shift away from traditional apps.
The third-quarter earnings season for apparel retailers revealed a stark divergence. While some brands like Abercrombie & Fitch soared on strong results, others, including Tilly's and Torrid, faced investor skepticism despite meeting top-line expectations. We analyze the performance, the shifting retail landscape, and what it signals for the sector's future.
Apple posts its strongest revenue growth in years, driven by a surprising iPhone resurgence and robust performance in China. Yet, the stock's muted reaction highlights investor focus on its premium valuation.
The iconic outdoor retailer Eddie Bauer is preparing to file for Chapter 11 bankruptcy, a move that will close its entire fleet of roughly 200 physical stores across the U.S. and Canada. While its e-commerce and wholesale operations will live on, the decision marks a dramatic retreat from the mall landscape it helped define for decades.
