The move shows how inflation and changing consumer behavior are souring the business outlook for many retailers.
Tag: Company Reports
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After a Bumper 2021, Companies Might Struggle to Increase Profits
Businesses face headwinds as demand weakens, the Federal Reserve raises rates and government stimulus programs end.
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How Jack Welch’s Reign at G.E. Gave Us Elon Musk’s Twitter Feed
The onetime ‘manager of the century’ paved the way for C.E.O.s to moonlight as internet trolls.
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Amazon Revenue Slows, and Costs Rise
Amazon benefited from the coronavirus pandemic as people flocked to online shopping. Now, shoppers’ behavior has shifted.
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Stocks drop 2.8%, led lower by tech, as April’s slump continues.
Big technology companies are set to report earnings starting Tuesday. The S&P 500 has dropped nearly 8 percent this month, its worst monthly showing since March 2020.