American Eagle Shares Drop 13% Amid Weak Holiday Sales Forecast and Lowered Guidance
Dec 5, 2024
Shares of American Eagle fell by about 13% in after-hours trading on Wednesday following the company’s disappointing holiday sales forecast and a reduction in its full-year revenue guidance. Despite strong performance in the back-to-school season, the apparel retailer is facing shifting consumer behavior,
America’s Retailers Are Reducing Shoplifting Losses
Sep 18, 2024
Target and Retailers’ Shoplifting Struggles In 2023, major retailers in the U.S., like Target, announced significant losses due to theft, stating it hurt their profits by over $500 million. Many stores even shut down due to concerns over safety and rising crime. However,