retail

Gap shares rise after surpassing Q2 estimates

Gap shares rise after surpassing Q2 estimates

Shares of Gap Inc. (NYSE: GPS) rallied more than 6 percent in extended-hours trading after the retailer reported better than expected second quarter results and raised its full-year profit forecast on Thursday, Reuters reports.The company’s ne..

Wal-Mart Stores, Inc. Reported its Second Quarter, Shares Down

Wal-Mart Stores, Inc. Reported its Second Quarter, Shares Down

Wal-Mart Stores, Inc. (NYSE: WMT) reported its second quarter earnings for the 2018 fiscal year and beat estimates. Shares were down almost 3 percent during pre-market.Wal-Mart posted adjusted earnings of $1.08 compared to an estimate of $1.07 per s..

L Brands Lowers Full Year Guidance, Shares Fall 10%

L Brands Lowers Full Year Guidance, Shares Fall 10%

Shares of L Brands (NYSE: LB), the parent company of Victoria’s Secret and Bath & Body Works, fell nearly 10 percent to $35.24 on Thursday after the company lowered its guidance for the year.Despite reporting second quarter earnings o..

Amazon Takes First Steps Towards Brick-and-Mortar Retailers

Amazon Takes First Steps Towards Brick-and-Mortar Retailers

Amazon.com, Inc. (NASDAQ: AMZN) introduced on Tuesday their new push towards brick-and-mortar retailers. Instant Pickup, a free service offering Prime and Prime Student members a curated selection of daily essentials available for pickup in two minu..

Target Hopes San Francisco-Based Startup Can Help Hit Same-Day Delivery Bulls-Eye

Target Hopes San Francisco-Based Startup Can Help Hit Same-Day Delivery Bulls-Eye

The race for delivery-based grocery supremacy has just taken a surprising turn as Target Corporation (NYSE: TGT) has teamed up with Grand Junction, a San Francisco-based local delivery startup that Target hopes will make them competitive with the li..

Macy’s and Kohl’s Shares Fall

Macy’s and Kohl’s Shares Fall

On Thursday, shares of the department store chains Macy’s Inc. (NYSE:M) and Kohl's Corporation (NYSE: KSS) fell as their quarterly sales continued to drop. Gross margin for both of these companies fell as they continued to rely heavil..

Netflix’s First Acquisition

Netflix’s First Acquisition

On Monday, Netflix, Inc. (NASDAQ: NFLX) announced that they have acquired comic book publisher, Millarworld. This deal gives Netflix access to various characters and stories in the popular superhero topic and is the very first acquisition ever since..