MATERNITY MARKET FACTS
Annual revenue:
$2 billion
Profit: $138.3 million
Annual growth, 2007-2012: -1.4 percent
Wages: $239.5 million
Annual projected growth, 2012-2017: 2.8 percent
Businesses: 1,355
Top players/market share:
Destination Maternity Corp.: 26.8 percent
Wal-Mart Stores Inc.: 17.6 percent
Target Corp.: 14.9 percent
Source: IBISWorld
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
Apple suffers 10% drop in quarterly iPhone sales to start the year, biggest drop since pandemic
Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic's outset, deepening a slump that's increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence.
Business
Sony Pictures and private equity firm Apollo express interest in buying Paramount for $26 billion
Sony Pictures and the private equity firm Apollo Global Management have expressed interest in buying Paramount Global for $26 billion, according to a person familiar with the details.
Sports
A $5,000 check won by Billie Jean King 50 years ago helped create Women's Sports Foundation
Billie Jean King's $5,000 check sure went a long way for women's sports.
Business
The Fed indicated rates will remain higher for longer. What does that mean for you?
Mortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all likely maintain their highs, with consequences for consumer spending, after the Federal Reserve indicated Wednesday that it doesn't plan to cut interest rates until it has ''greater confidence'' that price increases at the consumer level are slowing to its 2% target.
Business
Qualcomm, Carvana rise; DoorDash, Qorvo fall, Thursday, 5/2/2024
Stocks that traded heavily or had substantial price changes on Thursday: