Citi Trends reports modest sales increase in Q2 fiscal 2024 amid strategic…
Citi Trends executed a strategic inventory reset in Q2 2024, leading to a 31.1% gross margin, down from 38.2% the…
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Johnson & Johnson negotiates finalization of $6.5 billion talc settlement
Johnson & Johnson’s settlement proposal seeks to resolve ongoing lawsuits and prevent future claims related to…
U.S. durable-goods orders rise moderately in July
Core capital-goods orders slipped 0.1% in July following a 0.5% rise in June, and shipments of core goods fell…
MiMedia announces first U.S. market launch with smartphone partner Schok
MiMedia Holdings has successfully integrated its platform onto Schok smartphones in the U.S. through an OTA update.…
Kroger-Albertsons merger faces legal challenge as FTC files lawsuit
Kroger and Albertsons argue that their merger is necessary to compete with major global retailers like Walmart,…
IBM to close research unit in China, affecting 1,000 jobs
IBM’s decision to close its research unit in China and affect 1,000 jobs signals a strategic shift as technology…
Evergy announces W. Bryan Buckler as new chief financial officer
Geoff Ley will serve as acting CFO at Evergy until September 30th, after which he will resume his role as treasurer…