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Business

Gap withdraws 2022 financial outlook as Old Navy sales fall in second quarter

A Gap Inc. employee works in a San Francisco store. Getty Images Gap Inc. on Thursday withdrew its financial outlook…

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Business

Here’s how Peloton CEO Barry McCarthy’s turnaround plan is going

Barry McCarthy speaks during an interview with CNBC on floor of the New York Stock Exchange (NYSE), October 28, 2019.…

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Business

Peloton reports big loss, decline in revenue as the company grinds through its turnaround plan

A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Images…

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Business

Macy’s cuts full-year forecast despite strong quarter, fearing shoppers will pull back on spending

Macy’s on Tuesday cut its full-year forecast, saying it anticipates deteriorating consumer spending on discretionary items like apparel that will…

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Business

Macy’s shares rise after retailer reports surprise profit, hikes full-year outlook

People walk past a Macy’s store in a Manhattan shopping district on August 12, 2020 in New York City. Spencer…

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Business

L Brands to spin off Victoria’s Secret by August, hoping to nab higher valuation

Shoppers pass in front of a Victoria’s Secret store at a mall in San Diego, California, April 22, 2021. Bing…

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USA News

3 hospitalized after reports of gunfire at South Florida’s Aventura Mall

Three people were taken to the hospital after police responded to reports of shots fired this afternoon at Aventura Mall,…

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Business

Peloton recalling all treadmills after reports of injuries, one death

A Peloton Interactive Inc. Tread exercise machine for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb.…

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Business

Under Armour hikes full-year outlook, sees demand returning

Shoppers pass an Under Armour store in White Plains, New York. Scott Mlyn | CNBC Under Armour on Tuesday raised…

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Health

The Latest: Kuwait to bar unvaccinated from traveling abroad

DUBAI, United Arab Emirates — Kuwait’s government is barring unvaccinated residents from traveling abroad starting later this month, the latest…

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