Lululemon Stock Pops on Earnings Beat and CEO Change
Lululemon Athletica stock jumped Thursday after the company posted a better-than-expected fiscal third quarter and said CEO Calvin McDonald would be stepping down next year…
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Lululemon CEO McDonald to step down, shares rise 10%
Lululemon Athletica (LULU.O) said that CEO Calvin McDonald was leaving the company without a replacement and raised its annual profit forecast, sending shares up…
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Retail basics propel Dillard’s in Q3
The department store’s strength across categories is less about artificial intelligence and more about merchandising, loyalty and well-run stores….
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Shoppers fear a discount gap this holiday season. Here’s how retailers are responding
Many consumers are worried there will be a pullback in discounts this year, and yet promotions have never been more important for getting…
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Victoria’s Secret Fashion Show Bets on Sexy to Strut the Brand Back to Growth
This year’s Victoria’s Secret Fashion Show was more than a glittery spectacle. It was the ultimate test of new CEO Hillary Super’s turnaround plan…
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Lululemon shares plunge 23 per cent after hours on weak guidance
Vancouver-based apparel retailer had a good first quarter, ended May 4, but weak guidance and same-store sales growth likely dampened…
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Lululemon leans on newness to lure reluctant US customers
This year the brand plans to expand its footprint by opening stores and enlarging existing locations, and will add new markets abroad…
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Kohl’s working to fix mistakes as Q4 sales, profits plummet
Without its Sephora shops, the department store’s holiday results would have been worse, yet the beauty partnership’s boost…
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Discretionary spending is recovering one category at a time
Retailers such as BJ’s, Best Buy, and Target point to a gradual recovery in certain discretionary categories as they…
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