The painting is part of a collection of works being sold off by a foundation for CBS founder William Paley to fund an expansion of MoMA’s digital footprint Source link Source link
Read MoreTag: Sales Figures
Economy Asia Economy Fresh signs of China’s slowing growth add to fears that the worst is yet to come for the global economy Source link Source link
Read MoreBusiness Apparel retailers bring back discounts, pushing prices lower than last year Source link Source link
Read MoreAmerica’s biggest retailer has a new message for its suppliers: We’re not going to pay higher prices anymore. Walmart Inc. Chief Executive Doug McMillon delivered the warning in person last month in an appearance before companies that produce products sold by the company’s Sam’s Club chain. Inside a hotel auditorium, he said Walmart would be […]
Read MoreThe annual retail festival is another sign of depressed consumer sentiment under China’s stringent Covid-19 policy. Source link Source link
Read MoreThe company has cut its target for this year’s ad revenue to $10 billion from at least $12 billion, CEO Shou Zi Chew told staff in recent weeks. Source link Source link
Read MoreAmid signs of a slowdown in the U.S. and China, shoppers continued to snap up expensive handbags and clothes from Michael Kors, Coach and Ralph Lauren in the recent quarter. Source link Source link
Read MoreBusiness The office-sharing company reported a wider-than-expected loss and slowing sales growth in its most recent quarter Source link Source link
Read MoreTech Production of Pro devices, a linchpin of iPhone sales, has run into Covid restrictions in China Source link Source link
Read MoreBusiness Earnings Plant-based meat manufacturer says inflation adds to challenges; company has been reducing staff to cut expenses Source link Source link
Read MoreThe electric-vehicle startup said it lost $1.74 billion in the third quarter as it continued to struggle with higher material costs and underused assembly lines. Source link Source link
Read MoreRetailers this holiday season are focusing on delivering packages to customers on specific dates, rather than competing on speed of delivery. The shift marks an easing in a race for delivery speed in e-commerce in recent years that has pushed goods to shoppers’ homes at an ever-faster pace while narrowing retailers’ profit margins on sales. […]
Read MoreTech The sale of 19.5 million shares this month in the electric-vehicle maker follows sales in April and August Source link Source link
Read MoreBusiness Earnings Wall Street Journal parent Dow Jones was lone unit to post revenue growth in latest quarter Source link Source link
Read MoreThe auto maker says third-quarter losses widened from the same period a year earlier, to $670.2 million Source link Source link
Read MoreDemand for products from CoverGirl makeup to Hugo Boss cologne is rising in every region, Coty says. Source link Source link
Read MoreCEO Michelle Gass has been under attack from activist investors for sales declines and a steep drop in the department-store chain’s stock. She will become president of Levi and, eventually, the jeans giant’s CEO. Source link Source link
Read MoreBusiness Earnings The number of people using the ride-sharing app rose less than analysts had been predicting Source link Source link
Read MoreBusiness Earnings Candy maker said price increases for its brands helped offset high supply-chain costs Source link Source link
Read MoreCardinal Health Inc. said its top line rose 13% in its recently completed quarter, with gains for its pharmaceutical business offsetting a decline in its medical segment. Source link Source link
Read MoreThe coffee chain reported a roughly 3% sales gain while investments in its stores and employees cut into store-level profit. Source link Source link
Read MoreThe company reported a sharp fall in annual profit as ballooning costs offset record sales, and said it expected shoppers to rein in spending in the coming months. Source link Source link
Read MoreBusiness Earnings Food maker now sees double-digit sales growth for full year Source link Source link
Read MoreThe pharmaceutical company says its sales could be as much as $3 billion lower this year than initially expected. Source link Source link
Read MoreThe company estimates sales for the current quarter could be roughly 37% lower than a year ago, even as CEO Barry McCarthy says the turnaround is ahead of schedule. Source link Source link
Read MoreBusiness Europe German auto makers and suppliers say they are losing confidence in the European economy Source link Source link
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