Macy’s Inc. had a bag full of surprises last quarter — and Wall Street cheered them, sending the retailer’s shares up Thursday by almost 20 percent. “It was much better than we expected,” Jeff Gennette, Macy’s Inc. chairman and chief executive officer, told WWD, discussing the retailer’s performance. “We satisfied customer …
Read More »Online shopping breaks all records in festive season; Myntra and AJIO rebound
With the novel coronavirus bringing the world to its knees early this year, India went into various stages of lockdowns. Retail stores/malls/high-end streets went silent, frequent and not-so-frequent shoppers hid inside their homes and it appeared as if 2020 would spell doomsday for the Indian businesses. Nearly 10 months later, …
Read More »