UK Market News
Tag Archives: Retail
Under Armour

Under Armour, the U.S.’s second largest sportswear brand reported on Tuesday its slowest growth in quarterly sales in the last six years after its most popular region, North America slowed. The business reduced its long-term outlook for the...

By Laura Parrish on Oct 25th, 2016
Barns & Noble

Barnes & Noble saw its stock fall by 5 percent during early trading. Barnes & Noble is facing its worst performance yet as the company’s financial results on Thursday showed the company made a larger-than-expected loss of $14.4 million...

By Kim Irwin on Sep 8th, 2016
Abercrombie

Abercrombie shares dropped by 11 percent in pre-market trading. Quarterly sales at Abercrombie & Fitch Co. declined and the company reported a more modest outlook for the year, as the clothing retailer’s mall based outlets were unable...

By Warren Smith on Aug 30th, 2016
Best Buy

The company, based in Richfield, Minnesota saw its stock go as high as $38.40 before New York markets opened. Best Buy Co. saw its shares increase by 17 percent in early trading with the results for its second quarter giving investors confidence...

By Laura Parrish on Aug 23rd, 2016
Walmart

Online sales grew by 11.8 percent. The quarterly earnings of Wal-Mart Stores Inc were higher than analysts expected due to cleaner and more efficient U.S. stores, investments in technology to improve online shopping and higher wages among employees...

By Kate Ayers on Aug 18th, 2016
Target

Shares of Target fell to $70.74, down by 6 percent in afternoon trading. Target Corp. decreased its profit guidance and key sales outlook on Wednesday after it reported fewer customers in its shops and admitted that the company did not deliver...

By Laura Parrish on Aug 17th, 2016
TJ Maxx

The majority of the group’s earnings came from sales outside the United States. TJX Companies Inc, the parent company of cut-price retail chains T.J. Maxx and Marshalls, increased its annual forecast from lower expectations due to wage...

By Kate Ayers on Aug 16th, 2016
JC Penney

JC Penney has launched it’s same-day in-store pick-up service which helped boost sales. American retailer JC Penney recorded a 2.2 percent sales increase for the 2nd quarter as its home, handbags and shoes’ departments as well as Sephora...

By Kim Irwin on Aug 12th, 2016
Macy's

Department stores are facing tough competition from online sellers and Macy’s is attempting to improve sales through the medium. Retail giant Macy’s Incorporated revealed on Thursday it plans to close another 100 shops to cope with declining...

By Laura Parrish on Aug 11th, 2016
Next

The retailer said it has seen sales pick up since the Brexit vote. Next PLC, the second-biggest retailer of clothes, shoes and household merchandise in the United Kingdom, dismissed apprehensions that consumers’ fashion craze will diminish...

By Terry Fitzroy on Aug 3rd, 2016