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US Q3 in brief - Target Corp, Kohl's, Walmart
2020-09-23 18:35:00| Daily apparel & textile news and comment - from just-style.com
The latest third-quarter filings from US apparel and footwear brands and retailers are a mixed bag, with some companies beginning to recover from the market disruption caused by the Covid-19 pandemic, while others are continuing to struggle. Walmart has booked a year-on-year rise in both earnings and revenue, while Dillard's has returned to profit after posting a loss in the previous quarter. Elsewhere, Kohl's has swung to a net loss from last year, while Under Armour has seen profit drop by more than 60%.
Tags: target
corp
walmart
kohls
Walmart sets goal to become a regenerative company
2020-09-22 14:17:00| Daily apparel & textile news and comment - from just-style.com
US retail giant Walmart is doubling down on efforts to address the growing climate crisis by targeting zero emissions across the company's global operations by 2040.
Tags: company
sets
goal
walmart
Walmart to electrify fleet by 2040
2020-09-22 09:56:08| Green Car Congress
US President Trump approves Oracle, Walmart deal with ByteDance for TikTok
2020-09-21 09:19:00| Telecompaper Headlines
(Telecompaper) US President Donald Trump has given his approval to the proposed deal between ByteDance, Oracle and Walmart for TikTok's US operations. The announcement was made on 19 September, a day after the US Commerce Department issued an order prohibiting business with WeChat and TikTok in order to protect national security. The ban on TikTok was subsequently delayed until 27 September, should the deal not go through, Secretary of Commerce Wilbur Ross said.
Tags: deal
president
oracle
walmart
Walmart to divest Shoes.com business?
2020-09-07 13:16:00| Daily apparel & textile news and comment - from just-style.com
Walmart is reportedly offloading its footwear unit Shoes.com, after agreeing a sale with CriticalPoint Captal, the LA-based private equity firm that owns JackRabbit and Olympia Sports.
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