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Dollar General store review and closures dent fourth-quarter earnings

Dollar General store review and closures dent fourth-quarter earnings

Business News

A Dollar General store in Germantown, New York, on Nov. 30, 2023. Angus Mordant/Bloomberg via Getty Images Dollar General on Thursday reported fiscal fourth-quarter revenue that narrowly beat Wall Street estimates, while a store portfolio review cut into the chain’s profit. As part of the reevaluation, the dollar-store chain said it will close 96 Dollar General stores […]

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American Eagle says consumer is slowing down, issues weak guidance

American Eagle says consumer is slowing down, issues weak guidance

Business News

American clothing and accessories retailer American Eagle store seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images American Eagle warned investors on Wednesday that consumers are pulling back on spending and it’s seen a “slower start” to the year than it expected.  “Entering 2025, the first quarter is off to a slower start

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Take a look inside the world’s largest 3D printed housing development

Take a look inside the world’s largest 3D printed housing development

Business News

Just outside Austin, in Georgetown, Texas, brand new planned communities sprawl out as far as the eye can see, which is pretty far in this part of the country. But one small subdivision instantly draws focus. Just completed, it is now the world’s largest 3D-printed community. Two years ago, Lennar, the nation’s second-largest homebuilder, partnered

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RFK Jr. pressures Big Food to remove artificial dyes in meeting with CEOs

RFK Jr. pressures Big Food to remove artificial dyes in meeting with CEOs

Business News

Robert F. Kennedy Jr., U.S. President Donald Trump’s nominee for Secretary of Health and Human Services testifies during his Senate Finance Committee confirmation hearing at the Dirksen Senate Office Building on January 29, 2025 in Washington, DC.  Win Mcnamee | Getty Images News | Getty Images Health and Human Services Secretary Robert F. Kennedy Jr.

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Kohl’s shares plunge 15% as retailer gives rough outlook for the year ahead

Kohl’s shares plunge 15% as retailer gives rough outlook for the year ahead

Business News

A worker pushes a cart outside of Kohl’s store on November 26, 2024 in San Rafael, California.  Justin Sullivan | Getty Images Kohl’s posted an earnings and revenue beat for the fourth quarter on Tuesday, but its stock plunged as it issued much worse-than-expected guidance for the year ahead. Shares of the company fell more

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Southwest Airlines as we know it is over. Here’s what’s changing, from bag fees to basic economy

Southwest Airlines as we know it is over. Here’s what’s changing, from bag fees to basic economy

Business News

A Southwest Airlines Boeing 737 MAX is pushed back from the gate at San Diego International Airport in San Diego, Aug. 24, 2024. Kevin Carter | Getty Images Southwest Airlines announced Tuesday what was once unthinkable: It will start charging customers to check their luggage. It’s a $300 million gamble. Last year, Southwest said its

Southwest Airlines as we know it is over. Here’s what’s changing, from bag fees to basic economy Read More »

Dick’s Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl

Dick’s Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl

Business News

Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend with tariffs, inflation and fears around a potential recession.  In an interview with CNBC, executive chairman Ed Stack said the company’s exposure to

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Southwest Airlines will charge to check bags for the first time, launch basic economy tickets

Southwest Airlines will charge to check bags for the first time, launch basic economy tickets

Business News

Baggage handlers load luggage onto a Southwest Airlines Boeing 737 at Austin-Bergstrom International Airport on August 24, 2024 in Austin, Texas.  Kevin Carter | Getty Images News | Getty Images It’s happening: Southwest Airlines will start charging passengers to check bags for the first time. It’s a stunning reversal that shows the low-cost pioneer is

Southwest Airlines will charge to check bags for the first time, launch basic economy tickets Read More »

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