Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Retail Stock Flashing Bullish Signal Ahead Of Earnings
Retail stock TJX Companies Inc (TJX) is in the midst of a five-week losing streak. The shares haven't turned in a positive week since an April 9 all-time high of $165.82. The upside for contrarian traders, though, is this extended pullback has TJX…
Retailers keep tinkering with their AI shopping assistants, in search of better service
While seemingly every retail executive has talked up their efforts to embrace artificial intelligence over the past few years, actual help from AI assistants remains glitchy. This year, the AI race for retailers has been increasingly focused on…
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Sports retailer announces closure of 175 underperforming stores nationwide
JD Sports is planning to close about 175 Hibbett stores across the U.S. over the next three years to focus on fewer, more profitable locations. The British retailer bought Hibbett, an Alabama-based sporting goods chain, for about $1.1 billion in…
Outdoor Retailer, Backcountry to Partner at OR Show This August
Outdoor Retailer (OR) is changing things up for its August trade show in Minneapolis this year. The show, which will run from Aug. 19-21, will have a new hub spotlighting the next generation of outdoor brands through a partnership between OR and…
Private Credit, Retail Fraud Top SEC's Enforcement Priority List
The new head of the US Securities and Exchange Commission 's enforcement division is keeping an eye on stress in the private credit market and retail investor fraud, signaling the top cop's priorities a week into the job. “Our focus is, and…
Robot Phoenix Intelligence's retail tranche became the most oversubscribed in history at 14,891 times
Robot Phoenix Intelligence's retail tranche for its Hong Kong initial public offering reportedly oversubscribed by 14,891 times on Wednesday, exceeding the historical record. SCROLL TO CONTINUE WITH CONTENT The industrial robotic technology company…
Retail Advertising Firm Stratacache Liquidates Its U.K. Business
Cannes Lions is where the biggest ideas take center stage. Join ADWEEK for must-see conversations, top industry leaders, and the moments everyone will be talking about. Stratacache, a company that sells in-store digital screens to retailers, is…
INEO Announces Patented INEO Welcoming DUO in Full Production with First Installation Underway in Leading UK Retailer
INEO Tech Corp. (TSX-V:INEO)(OTCQB:INEOF) (the ' Company ' or ' INEO ') announces that its patented INEO Welcoming DUO system is now in full production, with the first production unit being installed this week at a UK retail location. The INEO…
The Fashion Mall at Keystone to welcome new restaurants, retailers
INDIANAPOLIS (WISH) — Two new restaurants, three home décor retailers and a jeweler are coming to The Fashion Mall at Keystone, the Simon real estate investment trust announced Wednesday. Retailers will be Arhaus, Design Within Reach…
Fundies warn retail sector a 'graveyard' despite SkinKandy IPO buzz
High-profile retailing brands are struggling to turn around months-long share slumps as shoppers close their wallets, leading to warnings the small-cap consumer sector was beginning to look like a stockpicker's graveyard even as investors line up…
Walmart layoffs today: Tech-related jobs get cut as retail giant consolidates product and design operations
Retail giant Walmart Inc has confirmed that it will eliminate some jobs. However, the affected positions will not impact the company's retail staff, which makes up the overwhelming majority of its 1.6 million-strong U.S. workforce. Here's what you…
Amazon vs. Walmart: AI Is Reshaping the Retail Battlefield
Amazon (AMZN +1.28%) has dominated the e-commerce market for many years, but Walmart (WMT +0.50%) still has a commanding presence with its massive physical store base. Amazon's quarterly revenue has been more lumpy than Walmart's, but it generates…
Inside EB Denim's New Flagship: Retail, Creative Studio and Fulfillment Hub in One
EB Denim began as Elena Bonvicini 's “Covid baby”—a passion project rooted in giving vintage denim a second life through thoughtful reconstruction. Now, the entrepreneur is bringing that same spirit of reinvention to the retail…
Is Crypto Becoming a Must-Have for Retail FX Brokers?
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Walmart suits face bloodbath as retailer targets corporate layoffs
Walmart is cutting or relocating about 1,000 corporate workers as the retail giant overhauls its technology and product teams amid a broader push into artificial intelligence and automation. The layoffs and relocations were outlined in a memo sent…
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