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Fast fashion retail chain closing all locations

Fast fashion retail chain closing all locations

The low-price model that made fast fashion popular is facing new challenges.

Costco tops estimates as discount gas, bulk deals draw inflation-weary shoppers

Costco tops estimates as discount gas, bulk deals draw inflation-weary shoppers

By Angela Christy M and Nicholas P. Brown Sept 24 (Reuters) - Costco Wholesale beat quarterly estimates on Thursday, recording strong comparable sales growth as inflationary pressures drove consumers to its discount gas stations and boosted demand across its warehouses.

Retail brand admits its pricing pushed its biggest fans away

Shoppers who found the brand's higher prices out of reach could see more affordable options return as it reshapes its assortment for 2027.

Gucci's new 'Made in China' sneaker models break with Italian tradition

Gucci's new 'Made in China' sneaker models break with Italian tradition

PARIS, Sept 24 (Reuters) - Gucci has begun selling new luxury sneaker models labelled "Made in China", a break with its Italian manufacturing tradition that some industry watchers say could undermine the brand's high-end image as it races to win back middle-class shoppers.

Costco Wholesale Corp. Q4 2026 Earnings: Live Updates of $COST Earnings Call, Stock Forecast

Costco Wholesale Corp. Q4 2026 Earnings: Live Updates of $COST Earnings Call, Stock Forecast

The wholesale goliath will report after the closing bell, offering a glimpse into the health of the broader U.S. consumer.

H&M promises change as slow sales undermine profit boost

H&M promises change as slow sales undermine profit boost

By Greta Rosen Fondahn and Helen Reid STOCKHOLM, Sept 24 (Reuters) - Swedish fashion retailer H&M is driving changes to improve efficiency and react more quickly to trends, its CEO said on Thursday, after the company reported stronger-than-expected third-quarter operating profit and sluggish sales.

H&M's operating profit grows more than expected in third quarter

H&M's operating profit grows more than expected in third quarter

STOCKHOLM, Sept 24 (Reuters) - Swedish fashion retailer H&M on Thursday reported a bigger than expected rise in June-August operating profit, as CEO Daniel Erver said his push to control costs and make sourcing more efficient was bearing fruit.

H&M founding family builds stake as turnaround struggles to gain traction

H&M founding family builds stake as turnaround struggles to gain traction

By Greta Rosen Fondahn and Helen Reid STOCKHOLM/LONDON, Sept 23 (Reuters) - The billionaire family behind H&M is quietly increasing its stake, fuelling speculation it could take the fast-fashion retailer private as CEO Daniel Erver's turnaround efforts have so far failed to boost the shares or lift

The Augusta Chronicle

Augusta shoppers can visit Primark when store opens Thursday

Augusta shoppers can visit Primark when store opens Thursday

Primark is finally opening its second Georgia store at Augusta Mall this Thursday after a brief delay.

General Mills beats quarterly results estimates on resilient demand for pantry staples

General Mills beats quarterly results estimates on resilient demand for pantry staples

Sept 23 (Reuters) - General Mills beat first-quarter sales and profit estimates on Wednesday and reaffirmed its annual forecast, as price increases and resilient demand for at-home food helped partially offset higher input costs.

European shares slip as oil rises; Trump-Xi talks eyed

European shares slip as oil rises; Trump-Xi talks eyed

By Sudeshna Ghoshal Sept 24 (Reuters) - European shares fell on Thursday as oil prices resumed their rise on faltering US-Iran negotiations, keeping euro zone bond yields near multi-year highs. The pan-European STOXX 600 slipped 0.59% to 636.15 points by 0817 GMT.

Stitch Fix, Inc. Q4 2026 Earnings: Live Updates of $SFIX Earnings Call, Stock Forecast

Stitch Fix, Inc. Q4 2026 Earnings: Live Updates of $SFIX Earnings Call, Stock Forecast

The personal styling company is still in the early aughts of a financial turnaround, but can AI really help its clients?