The retailer warns its history of losses indicates "substantial doubt exists related to the company's ability to continue as a going concern.”
The retailer's new CEO is planning to "put more resources toward running a great e-commerce business as opposed to running a great catalog business."
"We haven't had the promotion mix right and we haven't been as competitive in pricing as we could have been," says General Mills' chief operating…
The online lender's revenue fell 33% as it struggled to obtain loan funding from investors.
"Our pivot to the cloud is now clearly in full swing," Oracle co-CEO Safra Catz says.
The wearable action-camera maker plans to eliminate 270 positions, the third reduction to its workforce since the beginning of 2016.
The retailer is pursuing a new merchandising strategy to "stay ahead of consumer trends and differentiate us from the competition."
CFO Richard Galanti says the competitive challenges Costco is facing from Sam's Club and Target are “formidable.”
"When we do not meet our objectives, we take responsibility for it," the company said as it reported a "disappointing" performance last year.
The retailer's same-store sales dropped 0.7% in the fourth quarter amid weaker-than-expected demand from gamers and product outages.