Retailers are navigating a challenging landscape marked by shifting consumer preferences and unpredictable weather patterns, which impact seasonal sales. In this environment, companies like Gap, Inc. ( GAP ) are striving to adapt their strategies to maintain growth and profitability. Gap shares are trading higher on Friday, after the company reported second-quarter in-line revenue of $3.73 billion on Thursday and...

Best Buy Co., Inc. ( BBY ) shares are trading higher on Friday. The company reported second-quarter 2026 adjusted earnings of $1.28 per share on Thursday, beating the consensus of $1.21. BBY is showing upward movement. Check the full analysis here. Sales increased slightly by 1.6% year over year to $9.44 billion, beating the consensus of $9.24 billion. Best Buy ( BBY ) reaffirmed fiscal...

02:15 PM EDT, 08/29/2025 (MT Newswires) -- Kraft Heinz ( KHC ) is moving closer to its plan to break up the company into two separate units, The Wall Street Journal reported Friday, citing people familiar with the matter. A potential deal could be announced as soon as next week, the people said, adding that the final plans and timing...

02:41 PM EDT, 08/29/2025 (MT Newswires) -- Alphabet's (GOOG) Google ( GOOG ) is set to receive a modest fine from the European Union in the coming weeks over alleged anti-competitive practices in its adtech business, Reuters reported Friday, citing three sources with direct knowledge of the matter. Google ( GOOG ) didn't immediately reply to a request for comment...