Retail Industry News

End of game discs could cost industry jobs, Hucknall retailer says

A video game trader says his industry faces the loss of thousands of jobs because of the phase out of physical media. Barry Oates started reselling games back in 1995 - first in the local newspaper then from his high street shop at the turn of the…

Groupe Dynamite Stock: A Different Breed Of Apparel Retailer (TSX:GRGD:CA)

Groupe Dynamite remains a Buy, trading at ~9.7x EBITDA with strong double-digit same-store sales growth and a premiumization strategy. Despite founder Lutfy cashing out, GRGD's inventory management, premium pricing, and real estate strategy drive…

Apple planning three major changes for its retail stores, per report

Apple is preparing “major changes” to its retail stores, according to a new report from Bloomberg. Perhaps most notably, the changes include bringing back the iconic dedicated Genius Bars. In the latest edition of his Power On…

Promising Retail Stocks To Watch Today - September 13th

Fabrinet, Dycom and Qualcomm: 3 AI Fallen Angels Wall Street Just Marked Down Amazon.com, Walmart, Costco Wholesale, Home Depot, and AutoZone are the five Retail stocks to watch today, according to MarketBeat's stock screener tool. Retail stocks…

Chubu Electric chiefs to quit over nuclear data fraud, NHK Says

Chubu Electric Power Co.'s top two executives are set to step down over the falsification of safety data used in regulatory reviews to restart some of its nuclear reactors, according to local media. President Kingo Hayashi and Chairman Satoru…

Here are the 2 big things we're watching in this week's stock market

Earnings may be all wrapped up. But there's still a lot to look forward to this week — most importantly, what promises to be a consequential Federal Reserve meeting and a slew of conferences. Rates and economy: The main event comes after the…

'Cheap iPhone deal': warning over scam sites selling latest Apple mobiles

Apple has just launched a range of new iPhones, including a foldable handset, just as you decide it is time to replace your own ageing mobile. But you balk at the £1,199 price tag for the cheapest of the new options. Searching online for a…

Is Kroger a Buy After Its Latest Earnings Report?

Kroger (KR +2.70%) published its latest set of quarterly results before market open on Friday, and investors reacted by pushing the stock up slightly that trading session. It wasn't a barn-burner of a quarter for the veteran supermarket operator…

In the age of AI, L.L. Bean is betting big on brick-and-mortar shopping

When you step into the newly renovated L.L. Bean flagship, the first thing you see isn't the brand's latest collection of field coats or duck boots. It's fish. As you cross the threshold of the 160,000-square-foot store in Freeport, Maine, you're…

Attention shoppers: digital ad screens are about to be everywhere you look

Trips to the store used to offer a break from the digital screens that dominate modern life. Those days are winding down. Retailers are now trying to bring more advertising into stores by selling brands access to screens in aisles, endcaps, and…

Amazon workers on food stamps have tripled despite its record revenue-and it's just the latest evidence of the new economy of shrinking labor shares

The U.S. workforce has just made the type of history it likely wishes it didn't. Working Americans are taking home the smallest percentage of economic output, 52.8%, since the Bureau of Labor Statistics began tracking the metric in 1947. But as the…

Iran latest: One dead after commercial ship attacked in Strait of Hormuz

The Iran-aligned Houthis have been fighting Saudi Arabia for more than a decade as part of the Yemen civil war. But clashes have flared up in recent weeks around the US-Iran conflict. The Houthis are reasserting control over the Bab el-Mandeb…

3 Stocks to Buy and Hold Even If There's a Stock Market Sell-Off in September

The month of September has been known to be a difficult one for investors. That's because, over time, it's been the worst month of the year for stocks -- a phenomenon known as the September Effect. Of course, this doesn't mean every September…

'AI Made My Job Irrelevant': Unemployed People Are Exposing How Bad The Job Market Has Gotten

Dilapidated cinema is one of the last of its kind - it may still have a future

A dilapidated Nottingham cinema, thought to be one of the last of its kind in the UK, could be saved. As cinemas have changed over decades from grand Art Deco buildings to modern city centre multiplexes and retail park units, a handful of the…