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Sunday, January 17, 2021

MICHELLE CHAPMAN and ANNE DINNOCENZIO AP Business Writers

7 POSTS0 COMMENTS

Suddenly, luxury stores miss free-spending Chinese tourists

NEW YORK (AP) — There was something missing at the luxury jeweler Tiffany & Co. in recent months: Chinese tourists.For the second time in...

JC Penney withdraws profit guidance, cuts sales outlook

NEW YORK (AP) — J.C. Penney withdrew its profit guidance and lowered its sales expectations for the year, leading to a big drop in...

Penney posts bigger-than-expected loss, cuts outlook

NEW YORK (AP) — J.C. Penney reported a bigger-than-expected loss in its fiscal second quarter as a key sales metric fell well short of...

VF, following millions of consumers, will shed its denim

NEW YORK (AP) — The company that makes Wrangler and Lee jeans is breaking off its denim division to focus on its fast-growing outdoor...

Owner of Fort Worth’s Williamson-Dickie announces plans to break off denim division

NEW YORK (AP) — The company that makes Wrangler and Lee jeans is breaking off its denim division to focus on its fast-growing outdoor...

Toys R Us will close 180 stores, including 6 in North Texas

NEW YORK (AP) — Toys R Us, squeezed by Amazon.com and huge chains like Walmart, will close 180 stores, or about 20 percent of...

Wal-Mart to add about 10,000 retail jobs in the U.S.

NEW YORK (AP) — Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations....

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