Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Link Between Unified Commerce And Retail AI Transformation
Michael Scheibner is CEO and Chairman of the Board at GK Software, a Fujitsu company and global leader in retail technology. Retail leaders are serious about implementing AI. According to Gartner, 91% of retail IT leaders have prioritized AI as the…
NCA Survey: 50% Of Big US Retailers Now Accept Crypto Payment
PARIS, FRANCE - DECEMBER 15: In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is displayed alongside US Dollars on December 15, 2017 in Paris, France. Cryptocurrencies including Bitcoin, Ethereum, and…
Retail giants misled shoppers over Black Friday deals
Major high street retailers John Lewis, Boots, and Debenhams misled customers with their Black Friday promotions last year, according to a ruling by the Advertising Standards Authority (ASA). The advertising watchdog found two John Lewis…
Japan to introduce new range of JGBs targeting retail buyers, sources say
Japan is expected to introduce a new range of government bonds targeting retail buyers, three government sources said on Wednesday, a move aimed at filling a void left by diminishing central bank buying. SCROLL TO CONTINUE WITH CONTENT The new…
India's Silent Retail Crisis No One Is Talking About
Walk into any busy mall in India today, and it's difficult to believe the retail sector is facing any kind of crisis. Stores are crowded. New brands continue to launch. Shopping centres are expanding. On the surface, India's offline retail story…
Futures Prop Firm Tradeify Launches Retail Brokerage, Partners with Kraken's NinjaTrader
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Time to re-imagine retail as AI changes the game
AI is changing the game. (Image source: 123RF) AI is rapidly transforming retail CX, operational efficiency and even margins, and retailers that are too slow to harness it risk falling behind in a competitive market. This is according to Deon…
Long lines and chaos at retail openings in Oakbrook and Andersonville
Excitement around new retail stores in Chicago has led to long lines, and in at least one case, police on the scene. The big picture: New tenants continue to fill storefronts on Michigan Avenue, and shops with very loyal followers are popping up in…
XRT: Retailers Struggle Amid Record-Low Consumer Sentiment (Downgrade) (NYSEARCA:XRT)
State Street SPDR S&P Retail ETF (XRT) is downgraded to Hold due to macro and technical headwinds. XRT's valuation is attractive at under 16x earnings, but negative real wage growth and high gas prices weigh on outlook. The ETF's technical setup is…
Midday Need to Know: NATO on Hormuz, Burry adds tech and retail positions, and more (SP500:)
Fund managers are increasing equity allocations and reducing cash levels, leading to the lowest cash levels since February and triggering a potential sell signal. Intel and Qualcomm are in talks to potentially acquire Tenstorrent, with the startup…
Spanberger vetos bill that would establish a retail marketplace cannabis products
RICHMOND, Va. — Virginia Governor Abigail Spanberger struck down several bills on Tuesday. One veto included House Bill 642 and Senate Bill 542, which would establish a retail marketplace for cannabis products without the timeline…
Retail Traders Get Custom AI Stock Research as Webull Launches Vega Analyst
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Virginia Gov. Spanberger vetoes retail cannabis legislation
It is still legal to consume, grow and possess marijuana and cannabis products in Virginia, but a plan for retail sales — something Gov. Abigail Spanberger said she supported while campaigning — has just been vetoed by her. The move…
Claire's plots major comeback with 7,000 items at retail locations
CLAIRE'S is plotting a major retail comeback in a new deal set to put its products in several major retailers. The jewelry and accessories retailer filed for bankruptcy in August with a $690 million debt before being saved in a $140 million…
Gov. Spanberger vetoes legislation to create retail marijuana market
VA. — Gov. Abigail Spanberger has vetoed legislation that would have created a recreational marijuana market in Virginia after the General Assembly rejected her proposed amendments. House Bill 642, by Del. Paul Krizek, and Senate Bill 542…
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