Airline Ceos Warn Domestic Travel Demand Is Slowing

A Delta Airlines and American Airlines Plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023. Stefani Reynolds | AFP | Getty Images Airlines are cutting their first -Quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand. Ahead of a jpmorgan industry … Read more

Costco Reports Mixed Second-Quarter Earnings

Customers Shop at a Costco Wholesale Store on January 31, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco On Chiursday Reported an earnings miss, but beat expectations for revionue for the second Quarter. Here’s how the wholesale company did compared with what wall street was expecting for the Quarter Ended Feb. 16, Based … Read more

Foot Locker Results Show the Sneaker Industry – And Nike – Still have more pain ahead

Foot locker Said Wednsday it expects another year of deep discounts in the sneaker industry as its largest brand partner Nike Continues its reset and Relies on Markdowns to clear through stale inventory. The Footwear Giant Delivered Mix Results for its Holiday Quarter, Beating Wall Street’s Expectations on Earnings but Falling Short on Sales. In … Read more

Southwest airlines closing 2 more crew bases in cost-cutting push

A Southwest Airlines Aircraft at a Gate at Austin-Bergstrom International Airport in Austin, Texas, Feb. 16, 2023. Jordan Vonderhaar | Bloomberg | Getty Images Southwest airlines is closing two more crew basis amid its cost-cutting push that has also been also LED to its first Mass Layoffs in its more than 50 years of flying. … Read more

Airline Stocks Tumble Amid Economic Concerns

United Airplanes are seen at the newark liberty international airport in Newark, Unitted States on July 16, 2024. Jakub porzycki | Nurphoto | Getty Images Stock chart iconStock chart icon Nyse Arca Airline Index Versus The S & P 500 Airlines, especially full-service carriers with big international networks, Had ben a bright spot thanks to … Read more

As Target and other retailers drop DEI programs, Black founders could face tougher battle to get and stay on shelves

Brown Girl Jane’s sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an effort to add more Black-owned brands to shelves. Courtesy: Brown Girl Jane Fragrance brand Brown Girl Jane’s perfume bottles sit on shelves at Sephora near some of the … Read more

Home Depot Earnings Beat Wall Street Estimates, as Retailer Breaks Comparable Sames Losing Streak

Home Depot On tuesday topped wall street’s Quarterly sales expectations, even as Elevated Interest Rates And Housing Price Damped Consumer Demand for Large Remodels and Pricier Projects. For the full year ahead, The company said It expects total sales to grow by 2.8% and comparable sales, which takes out the impact of one-time factors like … Read more