
New York-based specialty athletic retailer Foot Locker announced on Monday the appointment of Himanshu Parikh as senior vice president, chief information officer.
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New York-based specialty athletic retailer Foot Locker announced on Monday the appointment of Himanshu Parikh as senior vice president, chief information officer.
Marking the company's first female CFO, Frank will be responsible for the company's finance, tax, treasury, investor relations, asset protection, facilities, operations excellence and strategy functions.
As more school districts roll back their reopening plans to curb the spread of coronavirus, major retailers are aggressively discounting back-to-school items and airing new ads featuring students taking classes at home.
As it becomes clear that store closures will continue for longer than anticipated, companies including AEO, Caleres, Lululemon and Ulta Beauty have announced further measures to preserve their financial liquidity.
Discount store operator TJX Cos Inc said on Thursday it was drawing down $1 billion from its existing credit line and suspending its share buyback program, in a difficult period brought on by the coronavirus pandemic.
Having reported solid growth in fiscal 2019, the off-price fashion retailer has revealed that it is planning to shutter its e-commerce operations in order to concentrate on its brick-and-mortar stores.
The U.S. holiday shopping period may heighten Wall Street's perception of a growing divide between retailers adapting to online sales and those unable to shake their reliance on dwindling shopping mall traffic.
Gap Inc shares surged as much as 24 percent on Friday as a number of Wall Street analysts lauded the company’s decision to separate its better-performing Old Navy brand.
Warehouses throughout the United States are at record capacity with Chinese imports of all kinds as they race to stockpile inventory to avoid higher tariffs that may kick in next year.
A slowdown in global consumer confidence threatens to overshadow the holiday shopping season in the United States, which despite a strong start is not immune to developments in Europe.