Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
B&M European Value Retail slides Wednesday, underperforms market
Shares of B&M European Value Retail S.A. BME shed 1.87% to £1.73 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the FTSE 100 Index UKX falling 0.21% to 10,476.46. B&M European Value Retail S.A.
Data collaboration: the Holy Grail for CPG and retail
Lingaro is a Business Reporter client Volatile retail demands faster decisions; shared first-party data enables trustworthy AI and more resilient, value-chain-wide CPG planning. According to Gaurav Zibbu, General Manager for the Americas and APAC…
Inside Retail's AI-Enhanced Future
This article is part of the Future of AI, a collection of articles that investigates how artificial intelligence will impact the fashion and beauty industries in the years to come. When Prada redesigned its New York flagship with Rem Koolhaas in…
Chow Tai Fook Jewellery's retail sales drop 1.5 percent in Q1
Chow Tai Fook Jewellery (1929) said its retail sales dropped by 1.5 percent last quarter amid heightened external uncertainties and unprecedented gold price levels and volatility. SCROLL TO CONTINUE WITH CONTENT While Hong Kong, Macau and other…
This retail name is in the midst of a recovery story. How to trade it with options
Target is starting to look like a recovery story just as the macro backdrop may be turning more favorable for the consumer discretionary sector. Yesterday's March PPI report showed producer inflation rising far less than expected with pressure…
Retailer Empik Drives Profit Growth as Poles Splurge on Leisure
Polish e-commerce platform Empik SA expects to boost profit and sales this year as it taps into a surge in consumer spending on lifestyle and leisure. The company, which began as a state-run bookstore chain in the 1950s, has transformed into one of…
Hybrid Is the Key for Global Retailers in China
Global brands grappling with China's fast-moving, fiercely competitive landscape shouldn't hesitate to enlist local help. Whether that results in a joint venture, licensing agreement, or outright sale, creating a hybrid business model is a viable…
March Retail Surge Hides Warning Signs For Consumers
A significant portion of the 1.7% retail sales increase was attributed to soaring gas prices linked to the Middle East conflict, with core sales up only 0.6%. As tax refund effects diminish in April, consumer spending may weaken, especially with…
Record surge in gasoline receipts boosts US retail sales in March
US retail sales increased more than expected in March as the war with Iran boosted gasoline prices and led to a record surge in receipts at service stations, while tax refunds underpinned spending elsewhere. SCROLL TO CONTINUE WITH CONTENT Though…
Retail traders can now get long OpenAI as Robinhood's venture fund takes a stake
Samuel Boivin | Nurphoto | Getty Images Robinhood's proprietary investment vehicle for retail investors has taken a small stake in privately held OpenAI, the trading company announced Wednesday. The Robinhood Ventures Fund I (RVI), which provides…
March retail sales jump on higher gas prices, Commerce Department says
April 21 (UPI) -- Retail sales rose by 1.7% in March mostly due to high gas prices from the ongoing conflict with Iran, the Commerce Department announced Tuesday. It was the fastest monthly change in three years, according to a release. Retail…
Prop Firm E8 Markets Warns Retail Traders Off CFD Brokers as Industry Leans Harder on 'Educational' Labels
E8 Markets, a prop trading firm that now describes itself as a 'SaaS educational simulation platform for financial markets,' issued a warning today (Tuesday) to retail traders about the risks of depositing money with FX, futures, and crypto…
Wells Fargo says own YOLO stocks ahead of an expected rush of buying from retail traders
Wells Fargo expects increased retail trader buying and recommends owning YOLO stocks. The analysts cite liquidity indicators, increased savings, and tax refunds as fuel for retail buying. Constellation Energy, Carvana, and Broadcom are some of the…
Can AI Save Luxury Retail?
When Dr. Nasrin Mostafazadeh and her husband first moved to New York City from Iran, they picked out an apartment with a very specific view: the Fifth Avenue headquarters of Lord & Taylor. The scenery didn't last very long. “Seeing these big…
Grocery and drugstore retailer Metro reports Q2 profit up from year ago
Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: Enjoy unlimited reading on winnipegfreepress.com Read the E-Edition…
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