q2

Macy’s Closing 100 Stores As Sales Decline For Sixth Straight Quarter

Macy’s is shuttering 100 stores, or approximately 15% of its store base, as it seeks to reposition its struggling brand in the…

Amazon Profits Pass $850 Million In Q2 As Cloud Service Sales Climb 58%

Amazon had yet another profitable quarter — its fifth straight — with net revenues increasing 31% to $30.4 billion. Net income for…

GNC CEO Steps Down As Troubled Retailer Continues Strategic Review

GNC Holdings has become the latest retailer to fall victim to a CEO change in 2016; Chief Executive Mike Archbold is leaving…

Apple Looks To India As Next Frontier For Retail Stores

When Amazon decided to invest in additional $3 billion in India in June, they sent a clear message to every other retailer…

Under Armour Set To Open Store At Prime NYC Location And Sell In Kohl’s

Despite a 58% decrease in net income in Q2, Under Armour bolstered its revenues 28% to $1 billion, with the company setting…

EBay Raises Revenue Guidance, Citing StubHub Success, Data-Driven Focus

Helped by a consistently strong revenue generator in StubHub, eBay has posted its second straight quarter of sales gains, pulling in net…

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