More From Evan Clark
S&P Raises Its Outlook on Tapestry After Capri Deal Falls Through
The credit rating agency switched Tapestry to stable from negative after it paid back $6.1 billion in debt…
Cyber Week Gets Solid Start for Brick-and-mortar and Online Retailers
Amazon, Adobe, Simon and others offer positive takes on the holiday season.
Saks Owner HBC Seen on Track to Close Deal for Neiman Marcus Group
The $2.65 billion deal, combining Saks Fifth Avenue, Saks Off 5th, Neiman Marcus and Bergdorf Goodman under…
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Urban Outfitters CEO Is Optimistic About the Holiday Season After a Strong Q3
Richard Hayne said record third-quarter sales were broad based, driven by the retail, subscription and…
The Culture War Comes to Walmart as Belonging Overtakes DEI
The discount giant was targeted by "anti-woke" activist Robby Starbuck, who came to an agreement with the…
John Idol Steps In as CEO of Michael Kors, Cedric Wilmotte Departs
Idol takes back direct control to turn around the brand, which struggled during Tapestry's aborted $8.5…
Kohl’s Q3 Sales Drop 8.8% as Ashley Buchanan Prepares to Become CEO
The current CEO of Michaels will step into the top job at Kohl's in January and will have to address the…
Sportico World Summit Draws Barack Obama, Ryan Reynolds and More to Talk Sports, Media and Politics
Tony Blair, Alibaba's Joe Tsai, Endeavor's Ariel Emanuel and Magic Johnson all turned out for the summit…
Preston Lane Looks to Supercharge Its Home Brand With Centric Partnership
Lifestyle expert Preston Konrad and branding veteran Lisa Manice have connected with some operational muscle…
Retail Stocks Soar Into the Holidays as Gap Leads Wall Street Rally
The consumer economy hasn't necessarily changed overnight, but investors are feeling better after seeing some…
Stores Confront the Complicated Problem of Organized Retail Crime
Retailers are pushing for tougher laws and putting goods under lock and key as they look to combat…
Amazon, Walmart and Costco Are Running Away With 46 Percent of Retail Growth
Research from Morgan Stanley showed that "the big are getting bigger at an accelerating rate."
Target Stock Loses $15.8B in Market Cap as Weak Discretionary Sales Hit Q3 Profits
The company continued to struggle with discretionary sales and wracked up costs to bring goods in ahead of…
Walmart Is Growing With Fashion as It Attracts Higher-income Shoppers
CEO Doug McMillon said the company is positioned to grab more market share in the apparel business.
How Walmart’s $86B Side Hustle at Sam’s Club Sells Fashion
The club model is big on value with item-driven apparel assortments that are reflexive to members' needs.