INDIANAPOLIS (Wish) – Here’s a search at Thursday’s business headlines.
Nike launches maternity apparel line
Nike is launching a new maternity garments line for sporty moms.
It functions a stretchy sporting activities bra, tank major, tights and jacket priced up to $85.
Macy’s CEO phone calls for drawn-out holiday getaway time
Macy’s CEO is calling for a a lot more drawn-out vacation year this yr, with sales kicking off prior to Thanksgiving Working day.
With much less actions to do and functions to show up at, Macy’s also expects shoppers will not be exchanging experiential gifts like tickets or outings.
As an alternative, he expects groups like elegance and property to be trending for reward-supplying.
Vera Bradley stock soars
Vera Bradley’s stock is soaring with surprise quarterly income.
Robust e-commerce profits and the addition of jewelry manufacturer Pura Vida for the entire quarter proved to be the crown jewels.
The Fort Wayne-based mostly corporation says e-commerce sales doubled and partly offset a decline in retail outlet revenue as COVID-19 shuttered merchants for portion of the quarter.
Adjustments to jobless claim depend
The Labor Division is switching to a new approach to seasonally alter its weekly jobless promises figures that could final result in a sharply reduced claims totals.
Preliminary claims, a rough measure of layoffs, that have hovered all over a person million each of the past few weeks could appear in closer to about 800,000 for the 7 days ending August 29.
The authorities routinely seasonally adjusts its financial figures to account for occasions that happen at particular occasions just about every year and are possible to inflate or deflate the info, like the holidays or again to college.