Anne D Innocenzio

Pride becomes a minefield for big companies, but many continue their support

Dozens of big companies from Delta and Coca-Cola to Walmart are sponsoring LGBTQ+ Pride events and displaying racks of Pride-themed merchandise. But this year, the rainbow has lost some shine.

Macy’s slashes expectations for the year after a pullback by shoppers in the spring

Macy’s slashed its outlook for the entire year with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation.

More businesses require teens to be chaperoned by adults, curbing their independence

The move, according to the mall, follows “an increase in disruptive behavior by a small minority of younger visitors.” That included a reported brawl in the food court last year and a fight in March that brought swarms of policemen to the center but ended up being a smaller altercation than initiall

Target on the defensive after removing some products aimed at LGBTQ+

Target once distinguished itself as being boldly supportive of the LGBTQ+ community. Now, it has tarnished that status after removing some products aimed at LGBTQ+ and relocating Pride Month displays to the back of stores in certain Southern locations.

Quarterly results from Best Buy, Ralph Lauren and Dollar Tree show divergence in consumer spending

As inflation on necessities like groceries remains stubbornly high, the well-heeled consumer appears to still be spending, while the lower-income shopper continues to cut back their purchases, according to the latest batch of earnings reports.

Target becomes latest company to suffer backlash for LGBTQ+ support, pulls some Pride month clothing

Target is removing certain items from its stores and making other changes to its LGBTQ+ merchandise nationwide ahead of Pride month, after an intense backlash from some customers including violent confrontations with its workers.

Tiendas Target realizan cambios en su mercadería LGBTQ+

“Desde que presentamos la colección de este año, hemos recibido amenazas que afectan la sensación de seguridad y bienestar en el trabajo de los miembros de nuestro equipo”, dijo Target en un comunicado el martes. “Dadas las circunstancias volátiles, estamos ajustando nuestros planes y retirando artí

Kohl’s reports surprise profit in 1Q helped by inventory cuts

Kingsbury, who was interim chief executive, was named its permanent CEO in February. The Kohl’s board member took over for Michelle Gass, who was named president of Levi Strauss & Co. late last year.

Amazon, union organizers face off again in Alabama

After a crushing defeat last year, the Retail, Wholesale and Department Store Union is hoping for a different outcome when warehouse workers in Bessemer, Alabama decide whether or not to form a union in a do-over election.

Retailers’ results show sharp divide between losers, winners

The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers’ increasing shift online with expanded deliveries and better merchandise.