sales

TK Maxx’s parent company, TJX Companies, sees sales fall in the second quarter

TJX Companies, owner of TK Maxx and sense of homeannounced its financial results for the second quarter ending July 30, 2022, revealing a 2% decline in global sales to £9.8 billion ($11.8 billion). For the second quarter, TJX Companies shared the following results: Net sales for TJX International (Europe and Australia) totaled £1.2 billion ($1.5 …

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Tencent’s sales fall for the first time as China’s economy slumps

Tencent Holdings Ltd. recorded its first-ever drop in revenue after online ad sales fell by a record high, underscoring how China’s deteriorating economy is hurting its biggest businesses. The country’s most valuable company has cut 5,000 jobs, or nearly 5% of its workforce – the first quarterly drop in the workforce since 2014 after layoffs …

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PSA: 30% reduction on the dress of Blake Lively during the summer sales of Reformation

PSA: 30% reduction on the dress of Blake Lively during the summer sales of Reformation

Fact: thrifty fashion girls still mark the Reformation summer sale on their calendars. The annual event officially kicks off on August 16 and offers fans a chance to stock up on fashionable dresses, denim and more with up to 40% off. Historically, Reformation only holds two sales a year, so consider this the perfect opportunity …

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malls

Q1 Earnings Review: Retailers Post Their Best Quarterly Sales

Despite offline sales picking up in the April-June quarter, e-commerce sales also continued to grow Dear reader, Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how …

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Europe's biggest online fashion retailer bets falling sales are just a blip

Europe’s biggest online fashion retailer bets falling sales are just a blip

Europe’s biggest online fashion retailer, Zalando, is betting the current slump in internet shopping is just a blow and can avoid the kind of massive job cuts undertaken by its rivals, co-founder and co-chief executive Robert Gentz ​​told the Financial Times. Consumer technology groups including Amazon, Klarna and Shopify have cut thousands of jobs this …

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Shop for back-to-school clothes at these Charlotte-area stores, thrift stores, and consignment stores

From school supplies to new clothes and shoes, back to school can be an expensive time for families, especially those on a tight budget. And with inflation still fueling higher prices, many are feeling particularly hard hit this year. For those looking to save when building a wardrobe for their students for the new school …

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Nordstrom changes its influencer strategy, investing more in “awareness” campaigns versus its famous commission sales

Nordstrom changes its influencer strategy, investing more in “awareness” campaigns versus its famous commission sales

Nordstrom’s annual Anniversary Sale promotion has set the benchmark for influencer campaigns. Some influencers are even said to have earned most of their annual revenue from event commissions. But the company is now adjusting its influencer spending by investing more in flat fees. Nordstrom was an early adopter of influencer marketing, especially among large corporations. …

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