Kohl's Corp

Bloomingdale's is just one of the retailers and brands trying to tap into Barbie buzz. It has a pop-up with exclusive Barbie-inspired apparel and accessories, along with a life-sized Barbie box where shoppers can strike a pose.Bloomingdale'sNEW YORK CITY — In the middle of Manhattan, shoppers can step inside of a life-sized Barbie box, strike a pose by a hot pink slide and browse earrings, dresses and candles inspired by the iconic plastic doll.The pop-up shop inside Bloomingdale's flagship store is just one example of…

Levi Strauss on Thursday drastically cut its profit outlook for the year after the apparel retailer reported a steep drop off in wholesale revenues and soft sales in the U.S., its largest market. The blue jean seller saw bright spots, however, in its direct-to-consumer sales and China market.Shares dropped more than 6% in extended trading.Here's how the company did in its fiscal second quarter compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:Earnings per share: 4 cents, adjusted,…

A Target logo is displayed on the screen of a smartphone.Sheldon Cooper | SOPA Images | Lightrocket | Getty ImagesTarget has a new way to speed packages to customers who live in the farther-out suburbs and neighborhoods of major cities, as it tries to give its e-commerce business a jolt.The big-box retailer said Wednesday that it is testing an extension facility that helps it get online orders to more shoppers the day after they click "buy." It opened the first one last month in Smyrna, Georgia, about 16 miles northwest…

Marchers with Starbucks pass through the landmark intersection of Hollywood and Highland during the annual Pride Parade on June 12, 2022 in the Hollywood section of Los Angeles, California.David Mcnew | Getty ImagesStarbucks Workers United said Tuesday that dozens of the coffee chain's U.S. stores aren't allowing employees to decorate for Pride month.Starbucks said in a statement to CNBC that the company unwaveringly supports the LGBTQ+ community and hasn't changed its policies for store decorations."There has been no…

10'000 Hours | DigitalVision | Getty ImagesA clear majority of Americans who don't identify as LGBTQ+ believe companies should publicly support the community, according to a new survey from gay rights organization GLAAD.About 70% of more than 2,500 adults who don't identify as lesbian, gay, bisexual, transgender, queer or an otherwise member of the community said support from companies should come through hiring practices, advertising and sponsorships, according to online responses to GLAAD's annual "Accelerating…

Shoppers walk into a Nordstrom department store on March 03, 2023 in Austin, Texas. Brandon Bell | Getty ImagesNordstrom's fiscal first-quarter sales topped Wall Street's expectations on Wednesday, even as the retailer reported a spending drop and predicted slower sales in the coming months.The higher-end department store also reiterated its outlook for the full year. Nordstrom expects revenue to fall 4% to 6% and adjusted earnings per share to range between $1.80 and $2.20 for the fiscal year, excluding the impact of…

For several years, the terms shrink, retail crime and organized retail theft have echoed from the mouths of politicians, police officers, trade groups and the country's most prominent retail executives.Politicians and police departments have sounded the alarm about rising retail theft, and are calling for stricter enforcement and prosecution to fight it. Trade groups and retailers have griped about shrink's effect on profits, and warned it could lead to store closures, employee-retention issues, safety concerns and…

A view of an American Eagle Outfitters store in Arlington, Virginia.Erin Scott | ReutersShares of American Eagle Outfitters dropped Wednesday in after-hours trading, as the company lowered its full-year outlook.The company cut its forecast, even as it matched Wall Street's quarterly earnings expectations and beat revenue expectations.The mall retailer said it now expects operating income to range between $250 million and $270 million, below the $270 million to $310 million range it had predicted in March. It said it…

People walk near a Kohl's department store entranceway on June 07, 2022 in Doral, Florida.Joe Raedle | Getty ImagesKohl's shares spiked early Wednesday as the struggling retailer posted a surprise profit while it chases a turnaround.Shares jumped more than 12% in premarket trading.The retailer reiterated its full-year outlook. It said it expects net sales to range between a decline of 2% and a decline of 4%, including the approximately 1% impact from having one more week of sales this year. It said it expects diluted…

A Target department store in North Miami Beach, Florida, May 17, 2023.Joe Raedle | Getty ImagesMore grocery purchases, fewer ambitious do-it-yourself projects and last-minute splurges at the store.This week, some of the biggest retailers in the country reported earnings and described how their customers are shopping. As Home Depot, Target and Walmart reported their quarterly sales and shared full-year outlooks, the companies offered up the latest clues about the health of the American consumer and previewed what could be…