Pressures in the luxury good sector continue to weigh on the firm.
The less-than-stellar holiday results continue for retail.
Journeys’ comparable sales dipped 6 percent during the holiday period.
Around 6,200 positions are in management, while 3,900 retail associates are expected to be displaced.
It’s very early in the game, but 2017 is already shaping up to be a lot better than its predecessor.
Nike’s second-quarter results are being interpreted quite differently by various analysts.
The retailer missed forecasts across the board.
Some analysts say they’re concerned that the athletic specialty retailer is becoming too heavy-handed with promotions.
A fury of anticipation surrounding Nike’s second-quarter results is keeping market watchers on their toes.
The tough times roll on for Neiman Marcus.