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Kohl's CEO Warns Of 'Pretty Challenging' Environment For Consumers
Tuesday, March 11, 2025 - 4:17pm | 561Kohl's Corp. (NYSE:KSS) on Tuesday joined other major retailers in painting a grim picture of the state of the American consumer. In fact, Kohl's said it expects sales to decline by 5% to 7% in fiscal 2025, due in part to "constrained" shoppers. What To Know: U.S. consumers have faced steady...
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Best Buy CEO Says Price Hikes 'Highly Likely' As Tariffs Take Effect
Tuesday, March 4, 2025 - 12:32pm | 498Best Buy Co., Inc. (NYSE:BBY) CEO Corie Barry said on Tuesday's earnings call that President Donald Trump's tariffs will increase prices for consumers and have implications for the entire industry. What To Know: Barry said China and Mexico are the company's top two sources, respectively, and the...