Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Ukrainian drones kill at least 10, hit warehouse of Russian online retailer Ozon
Ukrainian drones killed at least 10 people in attacks against targets across Russia and Russian-occupied areas of Ukraine, including a warehouse owned by online retailer Ozon and an industrial facility, Russian officials said on Saturday. Russia…
Rising yields rattled the market, but we're sticking with our favorite AI and retail stocks
Rising bond yields and oil prices put stocks under pressure this week, while another bout of volatility in the AI trade tested investors' conviction in the market's biggest growth theme. The S & P 500 and tech-heavy Nasdaq Composite snapped their…
'Penchant for bling': can Sports Direct's Mike Ashley take a bigger slice of luxury retail?
What billionaire doesn't love to splash the cash on a luxury item? Some may buy watches or yachts, but Sports Direct founder Mike Ashley has been snapping up entire brands. Harvey Nichols is the latest bauble to drop into his shopping basket after…
Ukrainian drones kill several, hit warehouse of Russian online retailer Ozon
Ukrainian drones killed at least six civilians overnight in a wave of strikes on Russia, Russian regional officials said on Saturday. The strikes also hit a warehouse owned by online retailer Ozon and an industrial facility in the Samara region…
Tariff refunds are hitting retailers' wallets. Here's what they're doing with the money.
America's biggest retailers are now sitting on tariff refund checks from the federal government. How they plan to spend the billions of dollars in returns is up to them. The retailers, including Amazon (AMZN), Target (TGT), and Walmart (WMT), are…
UK retailer shuts another shop and reveals Merseyside plans
Dobbies customers across Merseyside have been reassured that the retailer's two local stores in Speke and Southport will remain open despite the closure of another Dobbies site. Both stores are unaffected by the latest changes to the garden centre…
HOPCOMS to supply bananas to Bengaluru retailers at lower wholesale prices
The Horticultural Producers' Cooperative Marketing and Processing Society (HOPCOMS) has been catering to only individual customers till now, but will soon be catering to retailers as well, selling them good quality bananas at minimum wholesale…
New addition to retail park after IKEA, Skydome and West Orchards ruled out
A new gym has been given the green light for a Coventry retail park after applicants revealed they had considered dozens of alternative sites. PureGym is set to open its latest branch at the former Barnardo's store on Central Six Retail Park, just…
Mexican Peso reaches two-year high despite weaker Retail Sales
The Mexican currency appreciates to levels last seen in May 2024 as the USD/MXN falls to a two-year low as the US Dollar tumbles even though business activity in the services sector improved. The exotic pair trades at 16.92, down 0.22% for the week…
Promising Retail Stocks To Follow Today - August 22nd
MarketBeat Week in Review – 08/17 - 08/21 Amazon.com, Walmart, Alibaba Group, Costco Wholesale, and Ross Stores are the five Retail stocks to watch today, according to MarketBeat's stock screener tool. Retail stocks are shares of publicly…
Bitcoin Price Prediction: Standard Chartered Eyes $126,000
This illustration photograph taken on November 22, 2024 in Istanbul shows a coin imitation of the Bitcoin crypto currency arranged beside a screen displaying a trading chart. 'This wasn't an organic rally. It was a classic short squeeze,' the…
India sugar tender rates drop by ₹500 a quintal, but retail rates soar to a new high
Prices of sugar sold by mills through tenders dropped by ₹500 a quintal on Saturday, but retail rates hit another high of ₹60.26 a kg. According to trade sources, Solapur-based Loknete Baburao Patil Agro Industries Ltd in Maharashtra…
Prediction markets experience explosive growth, but also new legal challenges
Jeffrey Bandman, a former Commodity Futures Trading Commission official who led Kalshi's regulatory strategy from 2019 and has returned after a two-year hiatus, told me that the founders were determined to build the business in close cooperation…
Ukraine war latest: Macron pledges to deliver missile interceptors to Kyiv
Russian president Vladimir Putin said in comments published yesterday that Kyiv had opened 'Pandora's box' with its strikes on Russian economic targets, saying that Russia would hit back at Ukraine's 'most sensitive economic…
K-Market turns Korean ODA rice project into commercial venture in Vietnam
K-Market, the largest Korean-run supermarket chain company in Vietnam, signed a partnership with a local provincial government to purchase and distribute locally grown rice developed through official development assistance (ODA) from the Korean…
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