DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Suzanne Kapner"


25 mentions found


☆ Macy’s Reports Uneven Holiday Season as Inflation Continued to Pressure Consumers
  + stars: | 2023-01-07 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
The holiday season proved mixed for Macy’s Inc., which said it reeled in shoppers on key days before and after Christmas but encountered tepid demand through much of the period. The department-store chain on Friday said that it expects sales for its year-end period to be at the low-to-midpoint of its previous range of $8.16 billion to $8.4 billion.
☆ Bed Bath & Beyond Prepares to File for Bankruptcy Within Weeks
  + stars: | 2023-01-06 | by ( Jodi Xu Klein | Soma Biswas | Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Bed Bath & Beyond Inc. is preparing to file for bankruptcy within weeks after the home-goods retailer came up short on sales during the critical holiday season, according to people with knowledge of the matter. The retailer is in the early stages of planning for a chapter 11 bankruptcy filing and the discussions could extend into February, these people said. Bed Bath & Beyond warned earlier Thursday that it might file for bankruptcy protection and that it has substantial doubt it can stay in business after enduring another quarter of deep losses and slumping sales.
☆ Bed Bath & Beyond Stock Plunges as It Warns of Potential Bankruptcy
  + stars: | 2023-01-05 | by ( Suzanne Kapner | Dean Seal | ) www.wsj.com   time to read: 1 min
Bed Bath & Beyond Inc. said Thursday there is substantial doubt the battered retailer can stay in business as it continues to struggle to keep shelves stocked and curb declining sales. Shares plunged more than 20% in morning trading after the company said that it is considering several options, including seeking relief in bankruptcy court. It said that sales for its third quarter are expected to fall by nearly a third and that losses are seen widening nearly 40% to $385.8 million.
☆ Bed Bath & Beyond Shares Plunge as It Explores Bankruptcy
  + stars: | 2023-01-05 | by ( Dean Seal | Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Bed Bath & Beyond Inc. said Thursday that there is doubt about its ability to keep operations funded, as sales continue to fall amid inventory woes and flagging customer traffic at the battered retailer. Shares plunged more than 18% premarket after the company said that it is considering several options, including seeking relief in bankruptcy court. It said that sales for its third quarter are expected to fall by nearly a third and that losses are seen widening nearly 40% to $385.8 million.
☆ Macy’s Boss Discusses Being an Openly Gay CEO and Trying to Break Groupthink
  + stars: | 2022-12-31 | by ( Suzanne Kapner | Photographs Peter Fisher For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
When Jeff Gennette joined Macy’s Inc.’s management training program in 1983, he had a big decision to make. Should he tell his colleagues he was gay? Mr. Gennette had come out in college at Stanford University, where he majored in English. But being openly gay in American corporations at that time was risky, he said. “So it was a scary time to be a gay person and be out and open.”
☆ Retailers Need a Last-Minute Holiday Gift From Shoppers
  + stars: | 2022-12-23 | by ( Suzanne Kapner | Photographs Sinna Nasseri For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
Lands’ End has winter coats, fleece and sweaters discounted by as much as 70% in a promotion lasting through Christmas Eve. Artificial Christmas trees are 25% off at Walmart , breaking with a tradition of not putting those items on sale until after the holiday. Tommy Hilfiger has everything on its website reduced by 50% through Tuesday. Holiday discounts are back. Whether stores and sellers cut prices enough to save their season will be decided during a final flurry of shopping this weekend, ending with Christmas on Sunday.
☆ Malls Welcomed Dogs. The Results Have Been Ruff.
  + stars: | 2022-12-16 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
NORWALK, Conn.—It was Weston Bear Marshall’s first time at the mall and he wasn’t up on his etiquette. Soon after arriving on Black Friday, the two-year-old lifted his leg and peed on an information sign. “He’s marking his territory,” said Vincent Marshall, owner of the Old English sheepdog.
☆ Malls Welcomed Dogs. The Results Have Been Ruff
  + stars: | 2022-12-15 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
NORWALK, Conn.—It was Weston Bear Marshall’s first time at the mall and he wasn’t up on his etiquette. Soon after arriving on Black Friday, the two-year-old lifted his leg and peed on an information sign. “He’s marking his territory,” said Vincent Marshall, owner of the Old English sheepdog.
☆ Bed Bath & Beyond Followed a Winning Playbook—and Lost
  + stars: | 2022-12-08 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Mark Tritton arrived at Bed Bath & Beyond Inc. in 2019 with a plan to revive the home-goods retailer and ward off competition from Amazon.com Inc., Target Corp. and other large chains: sell what nobody else has. Switching to private-label brands has worked for many retailers. At Bed Bath & Beyond—beloved for its 20% off coupon and massive product selection—the changes alienated customers and sent sales into free fall.
☆ Black Friday Crowds Are Back, but This Year They Face Inflation
  + stars: | 2022-11-25 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Black Friday is back—even if many of the door-buster deals aren’t. Millions of Americans are expected to visit bricks-and-mortar stores on the Friday after Thanksgiving as the Covid-19 pandemic recedes and people return to prepandemic habits. That is a reversal of the past two years, when they were largely stuck at home and did more shopping online. This year, however, many household budgets are pinched by high gas and grocery prices.
☆ Black Friday Crowds Are Back but This Year They Face Inflation
  + stars: | 2022-11-25 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Black Friday is back—even if many of the door-buster deals aren’t. Millions of Americans are expected to visit bricks-and-mortar stores on the Friday after Thanksgiving as the Covid-19 pandemic recedes and people return to prepandemic habits. That is a reversal of the past two years, when they were largely stuck at home and did more shopping online. This year, however, many household budgets are pinched by high gas and grocery prices.
☆ Why Black Friday Shoppers Aren’t Finding Door-Buster Deals This Year
  + stars: | 2022-11-25 | by ( Suzanne Kapner | Sharon Terlep | ) www.wsj.com   time to read: 1 min
Black Friday is back—even if many of the door-buster deals aren’t. Millions of Americans are expected to visit bricks-and-mortar stores on the Friday after Thanksgiving as the Covid-19 pandemic recedes and people return to prepandemic habits. That is a reversal of the past two years, when they were largely stuck at home and did more shopping online. This year, however, many household budgets are pinched by high gas and grocery prices.
☆ Why Black Friday Shoppers Didn’t Find Door-Buster Deals This Year
  + stars: | 2022-11-25 | by ( Suzanne Kapner | Sharon Terlep | ) www.wsj.com   time to read: 1 min
Black Friday is back—even if many of the door-buster deals weren’t. Millions of Americans were expected to visit bricks-and-mortar stores on the Friday after Thanksgiving, as the Covid-19 pandemic recedes and people return to prepandemic habits. That is a reversal of the past two years, when they were largely stuck at home and did more shopping online. This year, however, many household budgets are pinched by high gas and grocery prices.
☆ Bed Bath & Beyond Struggles to Keep Stores Stocked for Black Friday, Holiday Season
  + stars: | 2022-11-24 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Bed Bath & Beyond Inc. is gearing up for what could be a make-or-break holiday season as the company struggles to keep its stores stocked and win back shoppers. More than 40% of the retailer’s products were out of stock in October, according to DataWeave Inc., an analytics company that tracked online availability of 150,000 items. That is nearly twice the level it was in the first half of the year, DataWeave said.
☆ Macy’s, Kohl’s Sales Drop as Shoppers Delay Holiday Buying
  + stars: | 2022-11-17 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/macys-m-q3-earnings-report-2023-11668688592
☆ Black Friday Deals Arrived Early for Many Shoppers This Year
  + stars: | 2022-11-14 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Retailers are dangling big sales well ahead of Black Friday, a reversal from the past two years when scarcity allowed stores to charge full price for many products, from sweaters to washing machines. The deep discounting, which started in October, could weigh on retail profits as chains enter the year-end shopping rush, analysts said. The pressure is particularly acute for apparel retailers, which have started to see prices fall after two years of gains.
☆ Makers of Pricey Handbags, Clothing Warn of a Slowdown
  + stars: | 2022-11-10 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Shoppers continued to snap up expensive handbags and clothes from Michael Kors, Coach and Ralph Lauren in the recent quarter. But there were signs of a slowdown in the U.S. and China over a range of factors that include inflation, a strong dollar and China’s stringent Covid-19 policies. Michael Kors parent Capri Holdings Ltd. and Tapestry Inc., which owns Coach, lowered guidance for their current fiscal years.
☆ Gap Starts Selling Its Apparel on Amazon
  + stars: | 2022-11-10 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Gap Inc. started selling some of its apparel on Amazon .com Inc., as the retailer looks to the e-commerce giant to revive sales of its flagship brand. Hundreds of jeans, sweaters, hoodies and other Gap items were available on Amazon.com/Gap for customers in North America. Shares of Gap jumped more than 8% by the closing bell on Thursday.
☆ Kohl’s CEO Michelle Gass Resigns to Join Levi Strauss
  + stars: | 2022-11-08 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Michelle Gass, who took over as Kohl’s CEO in 2018, will step down next month. Kohl’s Corp. Chief Executive Michelle Gass is leaving the department-store chain early next month to join Levi Strauss & Co. with plans to have her take over as the jeans maker’s CEO. At Kohl’s, Ms. Gass has been under attack from activist investors for sales declines and a steep drop in the company’s stock price. In September, activist investor Ancora Holdings Inc., urged the company to replace Ms. Gass and its chairman. Kohl’s shares, down nearly 40% on the year, jumped 8% in early Tuesday trading.
☆ Inflation, Recession Fears Have Some Holiday Shoppers Trading Down
  + stars: | 2022-11-06 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Many shoppers are trading down to less expensive clothing and accessories—swapping Lululemon leggings for Uniqlo and expensive lingerie for Target bras and panties—as inflation eats into their disposable income and a rocky stock market erodes their wealth. The downshift raises concerns about the coming holiday season, historically a time when many people splurge on designer handbags, fine jewelry and other extravagant purchases for themselves or loved ones. Investors will get updates on shopping attitudes this week when Ralph Lauren Corp., Michael Kors parent Capri Holdings Ltd. and Tapestry Inc., the owner of Coach, report their latest results.
☆ Late Bed Bath & Beyond CFO Dropped From Suit Alleging Collusion With Ryan Cohen
  + stars: | 2022-11-02 | by ( Jennifer Williams-Alvarez | ) www.wsj.com   time to read: +5 min
“There’s plenty of grief in his family, and us making it even worse didn’t seem worth it,” Mr. Toll said. Gone are claims from the original 24-page complaint that Mr. Arnal and Mr. Cohen colluded to boost the company’s share price. Bed Bath & Beyond and Mr. Cohen, along with JP Morgan Securities LLC, are still named as defendants in the suit, which seeks class-action status. Mr. Cohen unloaded his entire stake in Bed Bath & Beyond in mid-August. Bed Bath & Beyond shares traded around $4.05 on Wednesday, down more than 70% since the beginning of the year.
☆ Late Bed Bath & Beyond CFO Dropped From Shareholder Suit
  + stars: | 2022-11-02 | by ( Jennifer Williams-Alvarez | ) www.wsj.com   time to read: +5 min
Gone are claims from the original 24-page complaint that Mr. Arnal and Mr. Cohen colluded to boost the company’s share price. Bed Bath & Beyond has said the lawsuit was without merit. Bed Bath & Beyond and Mr. Cohen, along with JP Morgan Securities LLC, are still named as defendants in the suit, which seeks class-action status. Bed Bath & Beyond shares traded around $4.05 on Wednesday, down more than 70% since the beginning of the year. Mr. Toll said he hadn’t heard from Bed Bath & Beyond or Mr. Arnal’s estate leading up to the filing of the amended complaint.
☆ Bed Bath & Beyond’s CEO Sue Gove Hosts Suppliers in Plea for Support
  + stars: | 2022-10-27 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
On her first day as permanent chief executive of Bed Bath & Beyond Sue Gove made a plea to suppliers of the struggling home goods retailer: Stick with us. The company hosted roughly 500 suppliers virtually and at its Union, N.J., headquarters for a two-hour summit in which executives laid out their strategy for resuscitating the chain, which has been reeling from a failed overhaul under prior management that led to plunging sales, a cash crisis and a leadership vacuum. In September, its finance chief died by suicide.
☆ Nordstrom CFO Anne Bramman to Leave the Company
  + stars: | 2022-10-18 | by ( Jennifer Williams-Alvarez | Suzanne Kapner | ) www.wsj.com   time to read: +3 min
Nordstrom Inc.’s finance chief is stepping down as the retailer confronts industrywide pressures including soft consumer spending and high inventory levels. The Seattle-based retailer said Monday evening that Anne Bramman will leave the company effective Dec. 2 after more than five years as CFO. Nordstrom’s senior vice president and chief accounting officer, Michael Maher, will serve as interim finance chief. Nordstrom is looking for ways to reduce its inventory levels, Mr. Nordstrom said during an earnings call in late August. Merchandise inventory levels increased 9.9% from a year ago, to around $2.4 billion, although they were lower than the previous quarter.
☆ Low-Price Apparel Chains Lure Inflation-Weary Shoppers
  + stars: | 2022-10-16 | by ( Suzanne Kapner | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/low-price-apparel-chains-lure-inflation-weary-shoppers-11665862828
<< prev 2 next >>
Total: 25