Bed Bath & Beyond stores are getting a revamp

2020-02-19

Bed Bath & Beyond Inc. stores are getting a revamp, with new Chief Executive Mark Tritton saying one set of investments will be complete in the first half of the year, and up to three new store formats are in the works. After a news-packed day, Tritton hopped on aRead More →

Gap stock jumps on news it will not spin off Old Navy

2020-01-16

Gap Inc. stock rallied in the extended session Thursday after the retailer backtracked from its plan to spin off its Old Navy brand. Gap GPS, +3.85%  shares rose as much as 9% in after-hours trading after ending the regular trading day up 3.9%. Mounting costs and a softer business performanceRead More →

Fed Beige Book says contacts report ‘solid’ holiday sales and have ‘modestly favorable’ expectations about 2020

2020-01-15

Getty Images People with shopping bags walk down the sidewalk during the Christmas holiday season last month. The outlook: Economic activity continued to expand “modestly” over the last six weeks of 2019, according to the Federal Reserve’s Beige Book, released Wednesday. Two districts: Richmond and Dallas, reported growth at above-averageRead More →