business

Retailer said its namesake banner continues to perform well and that its acquisition of Foot Locker represents a major growth opportunity, despite the brand’s current challenges. Source link

Folgers owner J.M. Smucker said it is no longer considering raising coffee prices during the current quarter after the Trump administration’s removal of raw-coffee tariffs. Source link

The Chicago-based toy designer also had a hand in creating Lite-Brite and Mouse Trap. It wasn’t all fun and games. Source link

The department-store chain’s shares surged around 25% after it raised its full-year outlook and posted a surprise profit. Source link

The data suggests consumers closed out the summer months on a weaker footing. Source link

Abercrombie & Fitch narrowed its full-year outlook toward the high end of its range after sales rose in the third quarter. Source link

Burlington Stores reported higher third-quarter sales and raised its full-year outlook in the latest sign that consumers are flocking to off-price retailers due to concerns about inflation and the economy. Source link

The improved bottom line comes as the Chinese EV maker’s sales momentum is picking up. Source link

By breaking into carriers’ online systems, cyber-powered criminals are making off with truckloads of electronics, beverages and other goods. Source link

The goal is for the store to become profitable without any government subsidy within three years. Source link