#retail

Gap Slashes Sales Outlook as Old Navy, Banana Republic Falter; Stock Plummets

Gap stock tumbled after the retailer slashed its annual sales guidance due to underperformance at Old Navy and Banana Republic, raising concerns…

Costco Beats Earnings Estimates, Stock Climbs on Strong Quarterly Results

Costco's stronger-than-expected earnings beat analyst estimates, sending shares higher and underscoring steady performance in the consumer staples sector.

Spanish Billionaire Mango Founder Is Dead, Son Bailed After Arrest as Succession Saga Grips Spain

Mango founder’s death and his son’s arrest spark a succession battle that rivets Spain and may pressure the country’s business sentiment.

Poland's Zabka Targets European Expansion to Rival 7-Eleven, New CEO Says

Zabka's new CEO plans to create Europe's 7-Eleven, challenging the dominance of the original brand and shaking up the European convenience store…