Stories tagged “Retail.”
30 stories
Retailers are pushing Halloween merchandise as early as August, blurring traditional seasonal boundaries, a phenomenon the author attributes to the combined forces of capitalism and the climate crisis.
Mike Ashley's Frasers Group has acquired luxury department store Harvey Nichols and increased its stake in Hugo Boss, continuing a strategy of buying distressed high-end assets.
Retail sales fell in July after a bumper period the previous month, despite the World Cup luring punters into pubs and the hot weather boosting alcoholic drink sales in supermarkets. The total volume of goods sold in stores and online fell 0.5% in July, according to the O…
Macy's stock is priced at less than 10 times its trailing earnings, making it an oddity in an environment where most stocks are uncomfortably expensive. Investors are pricing in expectations of continued deterioration in its business.
Walmart reported its slowest quarterly comparable sales growth in six years and warned that high gasoline prices are squeezing consumers, leading to a 10% drop in shares.
Walmart, the US's largest retailer, saw sales growth slip in the most recent quarter, with American shoppers feeling the squeeze due to rising fuel prices. The company blamed the rising price of fuel for the slow sales growth.
JD Sports has cut its profit forecast by £50m due to cost of living pressures and a tepid trainer market. The company's share price has fallen 14% and is back at 2019 levels.
Specsavers has paid a £12m dividend to its Perkins-controlled parent, Specsavers International Healthcare Limited, following a significant increase in pre-tax profits.
Mike Ashley's Frasers Group increases stake in luxury fashion brand Hugo Boss to nearly half.
Sainsbury's has suspended its AI facial recognition cameras at a London store after a customer was wrongly identified as a shoplifter and asked to leave, sparking calls for the technology to be scrapped.
Walmart (WMT) faces scrutiny as it reports earnings Thursday, with concerns over U.S. comparable sales potentially missing expectations. Oppenheimer downgraded WMT to Perform, citing anticipated comps of 3% versus the Street's 3.8%, and moderating growth in General Mercha…
John Lewis boss Peter Ruis resigns amid tough trading conditions, with the company on a stronger footing.
A Mexican grocery chain, BBB Foods, has a business model similar to Trader Joe's and Aldi, with a focus on private-label products, small store sizes, and a treasure hunt effect. The company has delivered strong results since going public in 2024, with same-store sales gro…
Samsung's immersive displays, such as its Spatial Signage, can capture 400% more views than static displays and achieve recall rates of up to 83%. These displays are being used in various sectors, including retail, travel, and hospitality, to showcase products, promote ev…
Savers Value Village's CFO, Michael Maher, sold 49,742 shares of common stock on August 7, 2026, as part of a Rule 10b5-1 trading plan adopted in March. The sale was conducted at a strike price of $7.11, which is significantly lower than the current market price of $12.22…
Burlington Stores Group President Jennifer Vecchio sold 1,678 shares of common stock on Aug. 3, 2026, worth approximately $619,200. The sale was executed through a Rule 10b5-1 trading plan, indicating a predetermined timing and size of the trade for personal liquidity or …
Argos, a British high street retailer, faces challenges from online giants like Amazon and struggles to thrive. The chain's owner plans growth opportunities including opening new standalone shops.
Ivorian group Mayelia Participations, a specialist in road safety, is diversifying its operations by acquiring the Cosmos Yopougon shopping center for €16 million, marking its entry into Côte d'Ivoire's competitive large-scale retail market.
Reliance Brands has partnered with Kim Kardashian’s SKIMS to launch the shapewear and lifestyle brand in India, starting with stores in Delhi and Mumbai before expanding nationwide.
Popular Bookstore will close its VivoCity and Jurong Point outlets after Aug 16 and Sept 13 respectively. A new store will reopen in Hougang Mall on Sep 4.
Starbucks Korea's headquarters were raided by police investigating a marketing campaign that trivialized the 1980 Gwangju uprising, sparking widespread public outrage.
Major Chinese new-style tea brands including Luckin Coffee, HEYTEA, Chagee, Guming, and Mixue are racing to launch beer-flavored or alcohol-infused drinks, with one upstream supplier reporting over 200 tons of hops syrup shipped in the first half of 2026. Most products us…
Luckin Coffee, China's largest coffee chain with over 36,000 stores, is facing a food-safety backlash after a video of employees feeding each other cream from a dispenser went viral. The episode surfaces as Q2 revenue rose 28.5% year-on-year to 15.89 billion yuan, even as…
Shein, the online fast-fashion retailer, is seeking a valuation of $30 billion to $40 billion in a Hong Kong initial public offering (IPO) that it plans to launch as early as mid-August, according to sources.
Marks & Spencer is unveiling a major revamp of its Oxford Street Pantheon store, serving as a blueprint for a £700m investment strategy aimed at modernizing its 200+ large stores and online experience.
Marks & Spencer is now selling Ann Summers crotchless knickers online, sparking outrage but also being seen as a strategic move to attract younger demographics and expand its brand offerings.
The FTSE 100 is set for its best monthly performance since February, defying geopolitical turmoil and rising UK petrol prices, while other major global markets also show mixed movements.
Sainsbury's has agreed to sell Argos for £120m to Swift Partners, a company created to buy the brand. The deal is expected to be completed in February next year.
Sainsbury's selling Argos for £120m, focusing on core food business. Former Morrisons execs set up Swift Partners.
DICK'S Sporting Goods offers reasonable valuation, top-tier management, and strong positioning for current retail trends. Despite these strengths, DKS shares have stagnated above $200, with market participants unconvinced about robust future growth.