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Margin Worries Send Macys Shares Tumbling After Profit Beat

– Macy’s Inc (M.N) on Wednesday said its gross margins would shrink in the fall season as delivery expenses rise, overshadowing a quarterly sales and profit...

Macys Raises Full-year Forecast Investors Lock Gains

– Macy’s Inc (M.N) on Wednesday reported a surprise rise in quarterly same-store sales and raised its full-year forecasts, but its shares fell 9 percent with...

Macys Posts Surprise Same-store Sales Growth

– Macy’s Inc (M.N) on Wednesday reported a surprise rise in quarterly same-store sales, topping estimates for the third straight quarter, boosted by strong...

Five Crazy Rich Asian Ways To Splash Your Cash In Singapore

SINGAPORE – Singapore is the setting for new Hollywood movie ‘Crazy Rich Asians’ – an adaptation of a best-selling novel that explores the...

Walmart Teams Up With Ellen Degeneres To Launch Fashion Line

NEW YORK – Walmart Inc said on Wednesday that it would tie up with comedian and talk show host Ellen DeGeneres to launch a women’s fashion line, its latest...

Ontario Delays Start Date Of Retail Cannabis Sales

TORONTO – Ontario’s newly elected conservative government said on Monday it will delay the start date of recreational marijuana sales in the province and...

Vf To Spin Off Lee And Wrangler Jeans Into Public Company

– VF Corp (VFC.N), one of the world’s biggest apparel makers, will spin off Lee and Wrangler jeans into a separate public company, it said on Monday,...

Nrf Lifts 2018 Us Retail Sales Forecast On Strong Job Market Tax Reform

– The National Retail Federation on Monday raised its U.S. retail sales forecast for 2018, citing higher wages, gains in disposable income and a strong job market...

Tourists Find Silver Lining In Turkeys Lira Crash

ISTANBUL – Visitors to Turkey flocked to its high-end shops to snap up bargains on Monday, their purchasing power buoyed by a currency crisis as the...

Uk Muslim Convert Admits Plotting Carnage With Oxford Street Attack

LONDON – A Muslim convert has admitted plotting to kill more than 100 people by driving a truck into pedestrians on London’s Oxford Street, the...