Nordstrom forecast a 2020 profit largely below market expectations on Tuesday, after the upscale apparel retailer missed estimates for fourth-quarter revenue, sending its shares down nearly 8% in after-market trading.
Kohl’s Corp beat Wall Street estimates for quarterly profit on Tuesday as partnerships with online retail giant Amazon.com and others brought in more shoppers to its stores, sending the department store chain’s shares...
As it looks to expand its portfolio, cruelty-free Californian cosmetics company E.L.F. Beauty has made its first strategic extension, acquiring Austin, Texas-based clean beauty brand W3ll People for $27 million in cash.
Walmart on Tuesday forecast online sales growth to slow this year after posting lower-than-expected holiday quarter results, revealing the pressure traditional retailers are facing to keep pace with online shopping.
The retailer has announced the appointment of former Target EVP and chief legal officer Timothy Baer and former chief strategy and transformation officer at Southeastern Grocers Dorlisa Flur to its board of directors.
The consumer products conglomerate and its ethnic beauty-focused subsidiary have teamed up to launch Emerge, a new brand that aims to empower multicultural Gen-Z women with affordable textured hair care products.