Weekender: Wells Fargo downgrades Target amid signs the worst isn’t yet over

 
 

Weekender

Jan.​ 7,​ 2023 | A roundup of this week’s most read stories
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Jan. 6 - Macy’s to close 4 stores | Layoffs hit Everlane

Friday, January 6, 2023

Macy's to shutter 4 full-line stores; Everlane lays off nearly 9% of employees; Shoppers spent record-breaking $211.7B online during 2022 holiday season: report; Morphe closes US stores to focus on

Jan. 5 - Amazon to lay off over 18K | Will Bed Bath & Beyond file for bankruptcy?

Thursday, January 5, 2023

Bed Bath & Beyond warns it could file for bankruptcy; Stitch Fix cuts 20% of salaried staff, CEO steps down; Former Kohl's exec named CEO of Designer Brands; Hydro Flask, Drybar owner to cut 10

Jan. 4 - Target downgraded | Victoria’s Secret brand chief to exit

Wednesday, January 4, 2023

Wells Fargo downgrades Target amid signs the worst isn't yet over; Amazon snags $8B term loan; Victoria's Secret brand chief will leave after less than a year in new role; Sears Hometown stores

Jan. 3 - Our favorite stories of 2022

Tuesday, January 3, 2023

Bed Bath & Beyond is at risk of filing for bankruptcy. How did it get here?; Brick by brick: How Lego continues to build a toy empire; This is the last Sears for hundreds of miles. What can it tell

Top Retail Trends of 2022

Wednesday, December 28, 2022

Rising prices have made shoppers choosey, budget-minded and less loyal — but they're still spending; When activists come for retailers: 7 recent shareholder spats; As inflation bites, retailers cut

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