FedEx plans to deliver packages seven days a week starting next January as it tries to keep up with the continuing boom in online shopping. David Koenig of the Associated Press had the news: The...
Abercrombie & Fitch Co.’s shares fell 25% percent on Wednesday after the apparel company forecast second-quarter sales below estimates amid slowing demand for Hollister, a brand that has fueled company growth over the last...
Sports Illustrated magazine has been sold for $110 million to a company that specializes in managing fashion, entertainment and sports brands, including marketing rights to Shaquille O’Neal and Muhammad Ali. Tali Arbel of the Associated...
Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to tackle the costs of far-reaching technological and regulatory changes by creating the world’s third-biggest automaker. Giulio Piovaccari and Laurence Frost...
Shares of Tesla Inc., suffering one of the worst stretches in company history, rebounded Thursday after CEO Elon Musk told employees that orders are up. Tom Krisher of the Associated Press had the news: The...
Home improvement retailer Lowe’s Cos. posted disappointing earnings on Wednesday, but a surge in online sales reflected one bright spot for the company. Aine Cain of Business Insider had the news: Lowes.com saw a 16%...
Urban Outfitters Inc. is jumping into clothing rental, trying to tap one of the fastest-growing areas of fashion without discouraging shoppers from visiting its stores. Khadeeja Safdar of The Wall Street Journal had the news:...
Dressbarn announced Monday “plans to commence a wind-down of its retail operations, including the eventual closure of its approximately 650 stores.” Kelly Tyko of USA Today had the news: All Dressbarn stores are open along...
Reuters tech reporter Jeffrey Dastin talked about how he obtained his exclusive report that Amazon.com Inc. had rolled out machines to automate a job held by thousands of its workers: boxing up customer orders....
Shares of Pinterest Inc. plunged in extended trading after the company posted a wider-than-expected loss in its first quarterly report following its public-market debut. Aisha Al-Muslim of The Wall Street Journal had the news:...
