Nordstrom cuts 2019 forecast after quarterly results miss big

Nordstrom cuts 2019 forecast after quarterly results miss big

(Reuters) – Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter results that were hurt by the roll out of a new loyalty program and slow sales of full-priced women’s clothing. FILE PHOTO: The …
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US Chipmakers Preparing for China Trade Fight Fear That All Will 'Suffer'

U.S. chipmakers are coming to grips with the costs of an escalating trade dispute between the U.S. and China as President Donald Trump steps up tariffs and sharpens his attacks on Huawei Technologies Co. The emerging consensus: the price will be high.
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McDonald's workers are striking and suing the company — in the same week

McDonald’s workers are making a lot of noise this week as the company prepares for its annual meeting Thursday with investors. Dozens of women just filed gender discrimination complaints against the company, and cashiers and cooks are planning a …
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Urban Outfitters to rent out clothing

The sharing economy is now making its way into the fashion industry as Urban Outfitters looks to rent clothes to younger fashionistas. The retailer is launching an online subscription service allowing people to borrow six items to wear for a month before …
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Pilot program allows Calgary Transit tickets to be bought with a phone

Calgary Transit riders on four select routes will be able to buy and validate tickets using their phones this summer as part of a 90-day pilot program. Running from late June until September, the program will see transit riders on the four routes download the My …
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