retailer

J.Jill Announced Fourth-Quarter Financial Results

J.Jill Announced Fourth-Quarter Financial Results

On Thursday, J.Jill, Inc. (NYSE: JILL), the specialty women’s apparel retailer, announced its financial results for the fourth quarter of fiscal 2017. Revenue of the retailer beat estimates. However, with the weak outlook for the first quarter..

Holiday Debt Adds to the Sky-Rocketing Balances of Credit Cards

Holiday Debt Adds to the Sky-Rocketing Balances of Credit Cards

Retailers have reported strong sales during the holiday season and several customers admit that they have used their credit cards for funding purchases. Now it seems like 2018 might witness credit card mortgage crossing $1 trillion.According to Jill..

Amazon Discounting Items from Third Party Sellers

Amazon Discounting Items from Third Party Sellers

Amazon.com, Inc. (NASDAQ:AMZN) is reducing the price of products sold by third party sellers to increase sales for this holiday season. The retailer is offering up to a 9% discount on top of their Black Friday Deals Store where shoppers can pur..

Ralph Lauren’s Profit Beat Forecasts

Ralph Lauren’s Profit Beat Forecasts

On Thursday, Ralph Lauren (NYSE: RL) reported quarterly revenue and profit that beat Wall Street predictions following sales of their high end clothing at full price as well as keeping a close eye on costs which brought shares up more than 5%. The c..

Paypal Announces Venmo Now Accepted at Millions of Retailers

Paypal Announces Venmo Now Accepted at Millions of Retailers

On Tuesday, Paypal Holdings Inc (NASDAQ: PYPL) announced that Venmo, its mobile payment service, is now accepted at over two million U.S. retailers, allowing Venmo users to shop at locations where Paypal is also accepted. Retailers include Lululemon..

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..

Michael Kors buys Jimmy Choo for $1.2 Billion

Michael Kors buys Jimmy Choo for $1.2 Billion

According to Reuters, U.S. retailer Michael Kors Holding Ltd (NYSE: KORS) agreed to buy luxury shoemaker Jimmy Choo PLC for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers f..