1. Operations & Supply Chain

Apparel prices remain high even as retailers use markdowns to clear excess inventory

Written by Posted on Less than 0 min read

Shoppers are paying more to refresh their wardrobes, even as retailers such as Walmart and Target, mark down prices to eat away at excess inventory.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Channel: Specialty & Other

Best Buy shares surge after retailer sticks with its holiday-quarter outlook

Best Buy raised its full-year forecast to reflect its better-than-expected quarterly results. View Original Article Results & Investment Holiday & Events Best Buy Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Trends & External Forces

Dollar Tree shares plunge after company misses on earnings, slashes full-year profit outlook

​[[“value”:”Dollar Tree disappointed Wall Street Thursday after it reduced its profit outlook for the year and missed on earnings estimates, sending shares plunging.”]]  View Original Article Dollar Tree Economy Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Department: HBC

Poseidon Dynamic Cannabis ETF to close as investors lose interest in marijuana industry

​[[“value”:”The Poseidon Dynamic Cannabis ETF is closing up shop and cashing out to its shareholders nearly two years after it launched and following a sharp drop.”]]  View Original Article Cannabis Dept. HBC CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Channel: Dollar/Value

Facing fines, cluttered aisles and late-night mockery, Dollar General’s returning CEO tries to drive a turnaround

KEY POINTS Dollar General’s returning CEO, Todd Vasos, laid out plans to turn around the company’s performance, as sales slow and its stock price slumps. He said the retailer will put more workers in the front of stores, slow down store openings and step up efforts to keep merchandise in stock. The company has been […]
< 1 min read
0
  1. Channel: Restaurants

McDonald’s simplifies franchising policies to attract more diverse candidates

McDonald’s is making changes to how it awards franchises in the hopes of attracting more diverse candidates. View Original Article Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Uncategorized

Jim Cramer’s Investing Club meeting Thursday: Fed caution, trimming a retailer, Humana guidance

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. International

British online furniture seller Made.com suspends trading amid last-ditch rescue talks

The company, which listed in 2021, has suffered from consumers cutting back on big ticket items. View Original Article Consumers International - UK CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Holiday & Events

Gap beats on third-quarter revenue, but tempers expectations for holiday season

Gap on Thursday beat Wall Street’s quarterly revenue expectations, but gave a cautious outlook for the holiday season. View Original Article Economy Editor's Choice Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Uncategorized

RH shares slide after company lowers its outlook for the year

High-end furniture chain RH on Wednesday slashed its outlook for 2022 revenue. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. […]
< 1 min read
0
  1. Corporate Strategy

Alibaba says Eddie Wu to succeed Daniel Zhang as CEO in surprise move

​[[“value”:”Eddie Wu will succeed Daniel Zhang as chief executive of Alibaba Group, the company announced Tuesday, laying out its succession plan.”]]  View Original Article Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Trends & External Forces

Retail theft isn’t actually increasing much, major industry study finds

​Retail shrink, and theft’s role as a share of it, is largely in line with historical norms, even as companies call it out more, according to a major NRF survey.  View Original Article Editor's Choice Thick Data Legal & Criminal CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
  1. Media & Marketing

Elon Musk suspends Ye’s Twitter account after swastika post

Ye, formerly known as Kanye West, appeared to post an image of a swastika, a symbol synonymous with the Nazis, inside a Star of David. View Original Article Marketing: Social Media Twitter CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Uncategorized

3 takeaways from our daily meeting: New market leaders, banks report, Club stocks next week

The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Channel: Specialty & Other

Chewy shares surge after earnings beat on top and bottom lines

​[[“value”:”Chewy shares surged in extended trading after the company beat earnings estimates on the top and bottom lines.”]]  View Original Article Results & Investment Chewy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Department: Consumer Durables

Christie’s launches ‘Department X’ as collectible sneakers and street-wear boom

Christie’s announced its new “Department X” to capitalize on the booming market for collectible sneakers, streetwear and sports history. View Original Article Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Channel: Drug

Walgreens executive says ‘maybe we cried too much last year’ about theft

In this article WBA Follow your favorite stocksCREATE FREE ACCOUNT Anti-theft locked beauty products with customer service button at Walgreens pharmacy, Queens, New York. Lindsey Nicholson Universal Images Group View Original Article Executives Legal & Criminal Shoppers Walgreens Dept. HBC Dept. Pharmacy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the […]
< 1 min read
0
  1. Corporate Strategy

Peloton’s new CEO, Barry McCarthy, says he’s ‘here for the comeback story,’ an internal email shows

Peloton’s new CEO, Barry McCarthy, has a tough path ahead to get the connected fitness company back to profitability. View Original Article Executives Health & Wellness CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Department: Food

Take a look inside the factory fueling candy giant Mars’ $1 billion ice cream ambitions

​[[“value”:”Mars’ ice cream portfolio primarily includes frozen spinoffs of its popular candy, such as Snickers and Twix.”]]  View Original Article Mars Inc. Dept. Frozen CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Shopper & Customer

Here’s what we’ve learned about the health of the consumer this earnings season

A slate of earnings reports in recent weeks show consumers are tightening their belts and prioritizing essential purchases. View Original Article Health & Wellness Results & Investment Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
Next