Tag: Retail and wholesale

GameStop weighing stock offering to fund transformation

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GameStop is considering selling some of its shares, a move that would enable the video-game retailer to capitalize on the massive surge in its...

GameStop’s 4Q earnings, sales fall short of Street’s views

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A hefty tax benefit helped drive GameStop’s fiscal fourth-quarter profit sharply higher, but the video-game retailer’s sales declined despite a surge in its online...

Stock trading app company Robinhood files plan to go public

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CHARLOTTE, N.C. — Stock trading app company Robinhood said Tuesday that it has submitted a confidential plan to go public later this year. ...

Stock trading app company Robinhood files plan to go public

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CHARLOTTE, N.C. — Stock trading app company Robinhood said Tuesday that it has submitted a confidential plan to go public later this year. ...

Les Wexner exits board, severs last ties to retail empire

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NEW YORK — Billionaire retail icon Les Wexner is severing his last ties with the retail empire that he founded in 1963. ...

Lebanese are gripped by worry as economic meltdown speeds up

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BEIRUT — Shops closing, companies going bankrupt and pharmacies with shelves emptying — in Lebanon these days, fistfights erupt in supermarkets as shoppers scramble...

L.L. Bean sees sales boom amid pandemic’s push to outdoors

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FREEPORT, Maine — With Americans hunkering down and hankering to get outdoors during the pandemic, L.L. Bean recorded its best annual sales growth in...

Nordstrom launches livestream selling, popular in China

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NEW YORK — Upscale department store chain Nordstrom is getting into livestream selling, the latest U.S. retailer to jump on the trend that has...

February retail sales fall 3% after soaring the month before

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NEW YORK — Americans spent less last month, partly due to bad weather in parts of the country that kept shoppers away from stores....

Average US price of gas up 25 cents a gallon to $2.89

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CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline jumped 25 cents a gallon over the past three weeks to $2.89. ...