Wal-Mart Stores Inc. and Kohl’s Corp. played the value game well in the third quarter, driving up sales and earnings, but both retailers were less bullish about holiday than Wall Street had hoped.
The two retailers continued to forge ahead with expansion even as many competitors have avoided it in favor of cash preservation. “All over the world we’re gaining market share,” said Mike Duke, Wal-Mart’s president and chief executive officer, on a conference call. “We added more than 13 million square feet this quarter.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"