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 Thursday, underperforms market
B&M European Value Retail S.A. BME shares slipped 5.13% to £1.67 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the FTSE 100 Index UKX falling 2.35% to 10,063.50. B&M European Value Retail S.A.
Oak Hill Bets on Private Credit Rebound With Retail Fund Launch
Oak Hill Advisors is courting retail investors who have grown increasingly skeptical of the $1.8 trillion private credit market with the launch of a new fund that will deploy capital across public and private debt. Undeterred by a wave of…
Forget Amazon, this viral home projector is 55% cheaper at NEW rival retailer
THE retail world has had a shake-up this week, and it's good news for shoppers. JoyBuy launched in the UK, and one of the strongest deals I've spied gets you the viral Magcubic Mini Projector for just £24.99, down from £59.99. Your info…
A new bill takes aim at retailers' sweetheart deals with suppliers - and would extend to apps like Uber Eats
A new proposal in Congress would prevent companies from cutting special deals to keep prices high, including on your next Uber Eats order. The Fair Prices for Local Businesses Act, set to be introduced on Thursday by Democratic Sen. Chris Murphy of…
BTS concert to boost retail stocks as fans flock to Seoul
A much-anticipated comeback concert by K-pop juggernaut BTS set for this Saturday is raising expectations of a boost to retail stocks as tourists continue to flock in, market watchers said Thursday. Yu Jung-hyun, an analyst at Daishin Securities…
UK's 'biggest gaming retailer' to close last 3 high-street shops in just days
THE UK's biggest gaming retailer has said it will be closing down its last three branches as it goes into administration. The company will stop serving customers at its stand-alone stores next month. Your info will be used in accordance with our…
The 'Love Story' Effect: How Carolyn Bessette Kennedy's Style Fueled a New York City Retail Boom
Spring has (nearly) arrived in New York City, and so has a wave of Carolyn Bessette Kennedy -inspired mania. Inspired by Ryan Murphy's FX show “ Love Story,” which chronicles the tragic romance of Carolyn Bessette and John F. Kennedy…
Budget retailer confirms closure date for UK store after collapsing into administration
The budget retailer collapsed into administration in January A popular budget retailer will be closing down one of its UK stores in just a few days after it collapsed into administration earlier this year. The Original Factory Shop, known for…
China Buys Gold For 16th Straight Month, Wall Street Sells As Retail Loads The Bullion Boat
For the 16th month in a row, China bought gold into reserves in February even as bullion prices hovered near record highs. The People's Bank of China (PBOC) added another 30,000 troy ounces last month, lifting official reserves to approximately…
This Hot Retail Stock Has Nearly Tripled Over the Past Year
In a world of fickle retailers, Five Below (FIVE +8.54%) keeps rising above. The colorful seller of whimsical merchandise -- which, true to the name on its storefront, is priced largely at a $5 price point or less -- moved higher on Wednesday night…
63-year-old retailer and Dick's Sporting Goods rival spirals into bankruptcy
A BELOVED outdoors retailer and Dick's Sporting Goods rival has fallen into Chapter 11 bankruptcy due to financial woes. Gamma Sports, a retailer specializing in wholesale and retail sales of paddle sports equipment and apparel, made the bankruptcy…
SEC Veteran Clarifies XRP Retail Trading Status During Ripple Case
More than five years after it was initially filed, the Ripple lawsuit initiated by the SEC remains in the spotlight, with discussions still surrounding it. The Securities and Exchange Commission sued Ripple Labs in December 2020, claiming it broke…
Largest retailer in US set for 'rapid remodels' with 10 stores closing in April
THE biggest retailer in the country is bracing itself to rapidly remodel a number of stores across six states – a process that will partially shut down the affected locations for about a month. The initiative will roll out at Walmart's…
Dollars & Sense: Retailers rethink healthcare after a string of failures
ORLANDO, Fla. – Let's start with Walmart. A few years ago, the retail giant found itself in an unusual position: retreating from a major healthcare bet. Despite its resources, clout, and name recognition, Walmart threw in the towel on a…
Confectionary, ice cream makers to join retail price cut movement to help ease burdens
Major bakery, ice cream and confectionary companies plan to cut prices of its products starting next month, to take part in the government's initiative to stabilize consumer prices, the agriculture ministry said Thursday. The plan was announced at…
Receive a Daily briefing on Retail Industry News
Get Started