Retail Industry News

A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

forbes.com - Daniel Schlaepfer - Prediction Markets Are Becoming Retail Trading's Next Dangerous Game
Prediction Markets Are Becoming Retail Trading's Next Dangerous Game
Forbes

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 —…

forbes.com - A.J. Herrington - Virginia Governor Reports Progress On Marijuana Retail Sales Bill
Virginia Governor Reports Progress On Marijuana Retail Sales Bill
Forbes

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…

wwd.com - David Moin - Reading the Retail Sales Rally
Reading the Retail Sales Rally
WWD

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…

forbes.com - Mark Faithfull - Amy Sullivan On How Bed Bath & Beyond Is Building A Home Retail Empire
Amy Sullivan On How Bed Bath & Beyond Is Building A Home Retail Empire
Forbes

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…

theguardian.com - Julia Kollewe - UK's biggest retailers urge government to act on youth unemployment
UK's biggest retailers urge government to act on youth unemployment
The Guardian

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…

law360.com - Charles Slemp - Virginia's Cannabis Retail Veto Leaves Industry In Legal Limbo
Virginia's Cannabis Retail Veto Leaves Industry In Legal Limbo
Law360

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…

yahoo.com - John Kingston - Retail diesel continues to fall while some voices fear what's ahead
Retail diesel continues to fall while some voices fear what's ahead
Yahoo!

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…

afr.com - Carrie LaFrenz - Wesfarmers bets on AI roll-out to defy retail downturn
Wesfarmers bets on AI roll-out to defy retail downturn
Australian Financial Review

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…

reviewjournal.com - Raul Aguilar Insidesources.com - COMMENTARY: What it will take to beat organized retail crime
COMMENTARY: What it will take to beat organized retail crime
Las Vegas Review-Journal

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…

cnbc.com - Ari Levy - SpaceX IPO explained: The price is set, but retail allocation still up in the air
SpaceX IPO explained: The price is set, but retail allocation still up in the air
CNBC

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…

thesun.co.uk - Caroline Preece - British retailer slashes pair of sturdy sun loungers to just £20 a chair
British retailer slashes pair of sturdy sun loungers to just £20 a chair
The Sun

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…

seekingalpha.com - Kim Khan - Retail investors shed meme for profit and lead the market - Goldman (SPY:NYSEARCA)
Retail investors shed meme for profit and lead the market - Goldman (SPY:NYSEARCA)
Seeking Alpha

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…

seekingalpha.com - Nilanjana Basu - Retail traders rotate out of chip stocks into high-beta names (PTEN:NASDAQ)
Retail traders rotate out of chip stocks into high-beta names (PTEN:NASDAQ)
Seeking Alpha

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…

seekingalpha.com - Clark Schultz - Retail sales stayed resilient in May as consumers stretched - CNBC/NRF (XRT:NYSEARCA)
Retail sales stayed resilient in May as consumers stretched - CNBC/NRF (XRT:NYSEARCA)
Seeking Alpha

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…

thenyledger.com - Press Room - OKX Launches EU Stock Perpetual Futures for Retail Traders
OKX Launches EU Stock Perpetual Futures for Retail Traders
The New York Ledger

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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