FINANCE

Ralph Lauren Q3 smashes earnings estimates amid higher prices
Higher prices proved no deterrent shoppers to Ralph Lauren shoppers in its third quarter — a period in which the luxury retailer also some help from Taylor Swift.
Chipotle delivers strong Q4; to open 285 to 315 new locations in 2024
Chipotle Mexican Grill smashed fourth-quarter earnings and sales expectations amid traffic gains that bucked recent industry trends.

North Face, Timberland parent company reviewing brand portfolio as Q3 sales fall

VF Corp. reported a disappointing third quarter as it swung to a loss and saw its revenue drop 16%.
How consumers are controlling spending

Shoppers are taking a variety of steps to tighten their purse strings in 2024.
Americans open more credit, debit cards post-pandemic

Financial tech company Chargebacks911’s 2024 Cardholder Dispute Index revealed that the average American cardholder has 5.5 active credit or debit cards
Global e-commerce revenue to hit record-breaking $3.64T in 2024

Total worldwide online retail sales are expected to increase 15.6% year-over-year.
How optimistic are e-commerce retailers for 2024?

A new survey of senior e-commerce executives provides insights into their revenue expectations for this year.
Kirkland’s secures $12M loan from Gordon Bros. to support strategic turnaround

Kirkland’s has secured additional credit line as it continues its strategic repositioning.
Tractor Supply ramping up expansion; to open 80 stores in 2024

Tractor Supply Company is upping its store openings in 2024 despite a disappointing fourth quarter.
eBay settles DOJ pill press allegations for $59 million

eBay has reached a multimillion-dollar settlement with the Department of Justice (DOJ) over allegations regarding the sale of pill presses on its site.

Ralph Lauren Q3 smashes earnings estimates amid higher prices