Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Prediction Markets Are Becoming Retail Trading's Next Dangerous Game
As prediction markets gain popularity, young traders need to beware of the risks—and their sophisticated competition. Something is happening in American finance that deserves far more attention than it is getting. Two industries —…
Virginia Governor Reports Progress On Marijuana Retail Sales Bill
Gov. Abigail Spanberger says talks with lawmakers have made significant progress toward a new bill to legalize and regulate recreational marijuana sales in Virginia. Virginia Gov. Abigail Spanberger on Monday reported progress on new legislation to…
Reading the Retail Sales Rally
Christmas came early for retail this year with sales last quarter not just on the rise, but absolutely soaring for some. Tapestry Inc.'s net revenues increased 21.2 percent, putting the Coach parent on pace to hit its three-year financial goals…
Amy Sullivan On How Bed Bath & Beyond Is Building A Home Retail Empire
The first dual-branded Container store and Bed Bath & Beyond opened in Dallas. Bed Bath & Beyond is staging a major comeback under President Amy Sullivan, transforming the hero brand into the centerpiece of a broader home ecosystem that spans…
UK's biggest retailers urge government to act on youth unemployment
Some of the UK's biggest retailers are planning to write to the prime minister urging him to tackle the youth unemployment crisis, with signatories expected to include the bosses of Marks & Spencer, Sainsbury's and Tesco. Lobby group the British…
Virginia's Cannabis Retail Veto Leaves Industry In Legal Limbo
Virginia's long-anticipated transition from partial legalization to a fully regulated adult-use cannabis marketplace has stalled yet again — this time under a new administration that had appeared poised to move the... To view the full…
Retail diesel continues to fall while some voices fear what's ahead
Diesel prices are continuing on a mostly downward trend, with the benchmark price used for most fuel surcharges falling to one of its lowest levels since military action against Iran commenced at the beginning of March. The Department of…
Wesfarmers bets on AI roll-out to defy retail downturn
Wesfarmers chief executive Rob Scott said the group behind hardware giant Bunnings and Kmart is well-placed to generate superior returns for shareholders in a tough consumer backdrop by using artificial intelligence to boost productivity across its…
COMMENTARY: What it will take to beat organized retail crime
The passage of the Combating Organized Retail Crime Act by the House, during National Police Week no less, reignited an important conversation about how we can confront the pervasive challenge law enforcement faces in confronting organized retail…
SpaceX IPO explained: The price is set, but retail allocation still up in the air
SpaceX's set IPO price of $135 means investors have to take it or leave it. The company plans to stop taking orders on Wednesday, so it has more time for share allocation on Thursday, according to people familiar with the matter. SpaceX is…
British retailer slashes pair of sturdy sun loungers to just £20 a chair
HOUSE OF FRASER has slashed a pair of folding sun loungers in its garden sale to £39.99, which works out at just under £20 a chair. The robust outdoor furniture pieces are the perfect addition to your garden set-up this summer. Your…
Retail investors shed meme for profit and lead the market - Goldman (SPY:NYSEARCA)
Retail investors are the 'biggest sponsor' of the market currently and are continuing to buy, according to Tony Pasquariello, head of hedge fund coverage at Goldman Sachs. Weekly fund flows, including levered ETFs, and single stocks indicate…
Retail traders rotate out of chip stocks into high-beta names (PTEN:NASDAQ)
Retail investors may be selling semiconductor stocks to raise liquidity ahead of anticipated IPOs like SpaceX and in response to weak post-tax-season activity. Speculative stocks with increased retail buying include Sleep Number Corporation, NANO…
Retail sales stayed resilient in May as consumers stretched - CNBC/NRF (XRT:NYSEARCA)
US retail sales rose for the eighth consecutive month in May, up 0.4% month over month and 7.2% year over year. Sales were supported by a resilient labor market, consumer willingness to spend despite elevated gas prices, tariffs, and global…
OKX Launches EU Stock Perpetual Futures for Retail Traders
OKX is rolling out perpetual futures tied to the Magnificent 7, SPY, QQQ and major commodity benchmarks for European retail customers. In a Tuesday release shared with Cointelegraph, OKX said the new X-Perps markets allow users to trade futures…
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