S&P 500 Today: Deckers Outdoor and Ross Stores Stocks Decline as Companies Hold Back on Forecasts
Key takeout The S&P 500 dropped 0.7% on Friday, May 23, 2025, as tariffs on smartphones and other major trading partners gained attention ahead of the Memorial Day weekend. Deckers’ stock and Roth Store’s shares fell after the footwear company decided not to offer year-round guidance, citing tariff uncertainties. Intuit’s shares surged after Turbotax’s parent […]
Get ready for summer with Memorial Day clothing discounts from Macy’s, GAP, and more stores.
At a glance The summer heat is officially upon us! With Memorial Day marking the kickoff of summer, many areas across the country are set to experience rising temperatures if they haven’t already. This time of year also comes with big sales from popular brands like Abercrombie & Fitch, Cozy Earth, Macy’s, J. Crew, and […]
Stocks experiencing significant changes after hours: Intuit, Workday, Ross Stores, Deckers and others
Market Updates on Various Companies Recently, several companies have been making headlines due to trading changes. Roth Store’s stocks fell over 11%, with the company retracting its guidance for the year. Off-price retailers are now projecting second-quarter earnings between $1.40 and $1.55 per share, while analysts had expected $1.65. Ross mentioned that ongoing high tariffs […]
Which stores and restaurants will be open on Memorial Day 2025?
(Nexstar) – As we edge closer to an unofficial start of summer, May 26th marks an upcoming anniversary that will bring with it a holiday weekend filled with parades, fireworks, barbecues, and more. If you find yourself in need of sunscreen, forgotten snacks, or lunch items, many local shops and eateries plan to stay open. […]
Hackers targeting UK retailers are now focusing on US stores, according to Google.
On Wednesday, Google raised concerns about hackers who have been disrupting UK retailers and might turn their attention to U.S. companies. John Hartquist, an analyst in Google’s cybersecurity division, cautioned in an email, “US retailers need to be careful. These actors are offensive and creative, and are particularly effective at circumventing mature security programs.” The […]
Tariffs hit Temu and Shein, driving shoppers to US department stores.
Shoppers have started avoiding Temu and Shein after President Trump imposed significant tariffs on Chinese imports. Instead, they’ve turned their dollars toward US department stores like Nordstrom Rack and Kohl’s. Data from Consumer Edge shows that, while Temu initially saw a surge in spending growth from US customers in April, it dropped sharply from nearly […]
Joann craft stores are offering significant discounts before shutting down.
The craft retailer Joann is offering significant discounts before shutting down its stores by the end of the month. The company’s website is listing sales ranging from 50% to 80% off for in-store purchases marked as “closure of business,” with some exclusions and varying discounts depending on the location. For instance, Joann’s website notes that […]
Congress Needs to Open Up the App Stores
Apple and Google are more than just tech companies; they act as gatekeepers in the digital economy. With their platforms, iOS and Android, impacting about 315 million people in the U.S., their stranglehold over the app ecosystem stifles innovation, driving developers and consumers away and undermining American tech leadership. There’s rising momentum against this monopoly, […]
NYC thrift stores fear US tariffs could obliterate business
This could really take a bite from a big apple. The second-hand apparel industry may be eschewing the mandate of imported goods, but the impact of President Trump’s tariffs on thrift stores could lead to destructive balls for businesses in the city, the reseller told the Post. “There’s a lot of rhetoric that everyone looks […]
Easter 2025: Which stores, restaurants will be open?
Whether you forgot to grab an egg for an Easter hunt or need to take a bite, some shops and restaurants are open on Easter Sundays. This year, Easter will fall on April 20th. Latest possible dates For a Christian celebration. Many retailers and restaurants have already confirmed that they are Closed for Easter Sunday. […]