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Retailers are under pressure to turn deep discounts into big sales on Black Friday

Retailers are under pressure to turn deep discounts into big sales on Black Friday

Shoppers walk past a sale sign as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky on November 26, 2021. Jon Cherry | Reuters Major retailers are under intense pressure to deliver on Black Friday after several reported slowing sales ahead of the holiday shopping season. Macy’s, Target, Kohls, Difference …

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Gap tops third-quarter revenue, but tempers holiday season expectations

Gap tops third-quarter revenue, but tempers holiday season expectations

Holiday shoppers partake in early Black Friday shopping deals at the Gap store in New York’s Times Square. Brendan McDermid | Reuters Difference Thursday beat Wall Street’s quarterly earnings forecast but gave a cautious outlook for the holiday season. The clothing retailer – which includes its eponymous brand, Old Navy, Banana Republic and Athleta – …

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Retailers' biggest holiday wish is to get rid of all that excess inventory

Retailers’ biggest holiday wish is to get rid of all that excess inventory

A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California. Dinner Allison | Getty Images As some of the nation’s largest retailers report quarterly earnings and revenue this week, Wall Street will also be paying close attention to another number: inventory levels. walmart, Target, Difference, Kohls …

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Corporate America cancels Kanye West |  CNN Business

Corporate America cancels Kanye West | CNN Business

New York CNN Business — In recent weeks, retailers, social media platforms, celebrities, and fashion and entertainment companies have walked away from business alliances with rapper Ye. Ye, also known as Kanye West, has become a controversy magnet. In early October, Ye wore a “White Lives Matter” t-shirt and dressed several black models with the …

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