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5 Keys for Managing Bank Risk
Diversifying financial institutions is vital right now, but so are developing a continuity plan and preserving capital.
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Vincent Ryan
| March 22, 2023
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Cash Management
5 Keys for Managing Bank Risk
Diversifying financial institutions is vital right now, but so are developing a continuity plan and preserving capital.
By
Vincent Ryan
| March 22, 2023
Read More
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Financial Performance
Walmart’s E-Commerce Surge Continues in Q3
“We’re convinced that most of the [shift to online shopping] will persist beyond the pandemic," CEO Doug McMillon says.
By
Matthew Heller
| November 17, 2020
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Financial Performance
Walmart Online Sales Grow Record 97% in Q2
The surge in e-commerce reflects shifting shopping habits amid the coronavirus pandemic and helped power a 9.3% gain in Walmart's same-store sales.
By
Matthew Heller
| August 18, 2020
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Financial Performance
FedEx Gets Boost From E-Commerce Surge
"Thank goodness that we had a seven-day network when this absolute tsunami of packages hit us," CFO Alan Graf says.
By
Matthew Heller
| July 1, 2020
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The Economy
E-Commerce Posts 18.8% Holiday Season Gain
Retailers offered omnichannel sales earlier in the season, "meeting consumers’ demand for the best deals across all channels and devices."
By
Matthew Heller
| December 26, 2019
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The Economy
Black Friday Online Sales Reach Record $7.4B
Consumers made $2.9 billion in purchases from their smartphones, a record for mobile sales.
By
Lauren Muskett
| December 2, 2019
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Bankruptcy
Payless to File Bankruptcy, Shutter U.S. Stores
A Chapter 11 filing would be the second for the shoe retailer in less than two years amid heavy debt and online competition.
By
Matthew Heller
| February 18, 2019
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Financial Performance
Kroger Shares Soar on Big Q1 Earnings Beat
The grocery store chain says its Restock Kroger plan has gotten off to a "fantastic start," with digital sales, a key focus, up 66% in the first quarter.
By
Matthew Heller
| June 21, 2018
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Financial Performance
Dollar Tree Shares Drop 16% on Earnings Miss
The rough holiday quarter for discount chains continues as Dollar Tree's margins were pressured by rising labor and freight costs.
By
Matthew Heller
| March 7, 2018
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Financial Performance
Target’s Earnings Miss on Heavy Spending
The retailer "may hit the top line, like you saw this quarter, but will we see that flow through to the bottom line?" one analyst says.
By
Matthew Heller
| March 6, 2018
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Strategy
Target to Buy Shipt Same-Day Delivery Service
The $550 million deal positions Target to compete with Amazon and Walmart in the same-day delivery wars.
By
Matthew Heller
| December 13, 2017
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Strategy
French Firm to Buy Westfield for $15.7 Billion
The mall operator is being sold to Unibail-Rodamco as global retail adjusts to the shift of consumers from physical stores to online shopping.
By
Matthew Heller
| December 12, 2017
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Financial Performance
Lululemon Beats Estimates, Comp Sales up 8%
"While other players in the sports and athleisure market struggle, Lululemon continues to go from strength to strength."
By
Matthew Heller
| December 7, 2017
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Financial Performance
S&P Downgrades Guitar Center Rating to CCC-
The rating agency says Guitar Center bondholders could receive less than par in a restructuring, which would amount to a "selective default."
By
Matthew Heller
| November 29, 2017
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The Economy
Online Shoppers Spend at Record Holiday Pace
The shopping frenzy continued on Cyber Monday, with online sales expected to reach a record $6.6 billion.
By
Matthew Heller
| November 28, 2017
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Financial Performance
Wal-Mart Heads Into Holidays on Sales Surge
Grocery categories delivered the strongest quarterly performance in nearly six years and e-commerce grew 50% in the third quarter.
By
Matthew Heller
| November 17, 2017
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