Retail Industry News

China's industrial output growth quickens in May but retail sales and investment contract

Opinion: Apartment REIT takeovers show institutions see promise where retail investors see pain

Please log in to bookmark this story. Create Free Account Blackstone Inc. BX-N, a great white shark of money management, is once again circling an unloved Canadian apartment owner, H&R Real Estate Investment Trust HR-UN-T. Last Thursday…

SpaceX becomes retail's biggest IPO trade: Chart of the Day

SpaceX's (SPCX) market debut turned into a record retail buying event, with individual investors buying more of the stock on day one than they did in Coinbase (COIN), Uber (UBER), Arm (ARM), or Airbnb (ABNB), according to data from Vanda Research…

Developing | China's economic imbalances deepen in May as retail sales drop

China's economic imbalances appeared to grow in May amid the fallout from the US-Israel war on Iran, as the country's sluggish retail sales highlighted persistent weakness in domestic demand even as exports skyrocketed. Retail sales, a key gauge of…

Company behind UK leather retailer plunges into liquidation as stores close

The company that operated a UK leather retailer has plunged into liquidation with several high street stores facing closures. Felldale Retail, that operated several Lakeland Leather stores, has been voluntarily liquidated. The business previously…

China's May retail sales fall for first time in over three years

China's economy showed increasing unevenness in May, with retail sales falling for the first time in over three years while industrial output picked up pace. SCROLL TO CONTINUE WITH CONTENT Industrial output rose 4.5 percent in May from a year…

China's Retail Sales Fall for First Time Since the Pandemic

The economic picture of China isn't looking pretty from a domestic demand perspective, the latest data shows. Retail sales fell 0.6% last month from a year ago, the first drop since the country reopened from Covid lockdowns in late 2022. Notably…

Buzzy tech IPOs are overwhelming retail trading platforms

SpaceX's initial public offering lived up to expectations, making Elon Musk the world's first trillionaire and minting more than 4,000 millionaires in an instant as the stock price blew past its asking price and kept rising—up 27% in the…

Craft retailer Lincraft to close rest of its stores in Australia and NZ

Retailer Lincraft has announced the closure of its store network across Australia and New Zealand. The company is the latest to shift its business model entirely online. It says 'this has been an extremely difficult decision'. Retailer Lincraft…

SpaceX Investors at US Retail Brokers Got at Least One IPO Share

Customers at some of the largest retail brokerage firms in the US each received at least a single share in SpaceX 's $86.2 billion IPO, underscoring how the offering was designed to give individual investors a sizable role. All eligible customers…

China economy weakens further in May as retail sales post first drop in over three years

Retail sales declined for the first time since December 2022, dropping 0.6% from a year earlier. China's urban fixed-asset investment contracted 4.1% as of end-May, dragged by real estate and manufacturing. Manufacturing fixed-asset investment…

Outdoor retailer closing nearly 60 stores amid bankruptcy

West Marine is planning to close 59 stores around the country as it works through bankruptcy proceedings. The boating and fishing supply retailer based in Fort Lauderdale, Florida, filed for Chapter 11 bankruptcy protection last month and submitted…

SpaceX IPO leaves retail investors with too few shares and a tough hold-or-sell decision

Across online investing forums, users complained of allocations as small as a single share of SpaceX despite requesting far larger amounts. Those who did receive stock are taking sharply different approaches, with some selling into the company's…

The state of shipping in 2026: Three things retailers must act on

Australian retail has never been more complex. Consumers are more demanding, global competitors are more dominant, and the margin for error has never been smaller. But it has also never presented more opportunities for those willing to meet the…

UK's best fish and chip shop tucked away in retail park of unexpected town

It was voted one of the best restaurants of its kind in the UK Lincolnshire boasts one of Britain's finest fish and chip restaurants, delivering fresh cuisine which captivates diners, remarkably not beside a tranquil seafront, but within a busy…