Retail Industry News

A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

forbes.com - Alexandra York - The Newest AI Unicorn Is Coming For The Retail Industry
The Newest AI Unicorn Is Coming For The Retail Industry
Forbes

Think this is nice? It's a version of the weekly Under 30 newsletter and would be even better in your inbox. A new Under 30 unicorn has been born. Radar, a retail technology startup founded by Under 30 lister Spencer Hewett, announced a $170…

koreatimes.co.kr - Yonhap - April's industrial output, retails sales, investment fall in triple whammy
April's industrial output, retails sales, investment fall in triple whammy
The Korea Times

Korea's industrial output lost ground in April from a month earlier, data showed Friday, with retail sales and facility investment sliding amid economic uncertainties stemming from tensions in the Middle East. Industrial production fell 0.6 percent…

forbes.com - Juan Pablo Lafosse - Rethinking The Post-Booking Opportunity In Airline Retailing
Rethinking The Post-Booking Opportunity In Airline Retailing
Forbes

For most of my career in the travel industry, I've seen the airlines' revenue management teams prioritize their focus entirely on pre-booking optimization, the moment before a passenger books a trip. Price benchmarking, destination marketing and…

abc.net.au - Elsie Adamo - Major wine retailer puts vineyards up for sale amid industry-wide squeeze
Major wine retailer puts vineyards up for sale amid industry-wide squeeze
Australian Broadcasting Corporation

Australia's largest retail drinks network, Endeavour Group, is shifting away from production and selling key vineyards and a bottling facility. The sale comes as industry pains reach Australia's premium wine regions, with rising costs and a supply.

thesun.co.uk - Jane Hamilton - How job in retail could be springboard for a lucrative international career
How job in retail could be springboard for a lucrative international career
The Sun

RETAIL is big business in the UK and one in four of us start our careers on the shop floor. Around 2.8 million people currently work in supermarkets and High Street stores, making up around ten per cent of all jobs. But while some see shop…

marketwatch.com - MarketWatch Automation - B&M European Value Retail slips Thursday, underperforms market
B&M European Value Retail slips Thursday, underperforms market
MarketWatch

Shares of B&M European Value Retail S.A. BME shed 2.34% to £1.75 Thursday, on what proved to be an all-around poor trading session for the stock market, with the FTSE 100 Index UKX falling 0.75% to 10,425.96. B&M European Value Retail S.A.

businessinsider.com - Naomi Buchanan - Retail traders are pouring money into the memory-stock craze
Retail traders are pouring money into the memory-stock craze
Business Insider

Memory stocks have been on a tear and it's paying off for retail traders. Everyday investors poured into memory stocks like Micron and SK Hynix in recent months, and the trend has continued as shares climb to fresh record highs, according to…

marketwatch.com - Bill Peters - Higher gas prices are driving people to membership retailers - and Costco is the latest to benefit
Higher gas prices are driving people to membership retailers - and Costco is the latest to benefit
MarketWatch

Costco Wholesale may have benefited from shoppers looking for a break from higher gas prices, but its third-quarter results overall on Thursday were mixed, leading to muted trading after hours. As the Iran war drives gas prices higher, some…

rediff.com - Aadharsh A. V. - Argentina retailers hit by wave of fake World Cup merch
Argentina retailers hit by wave of fake World Cup merch
Rediff.com

Argentina's World Cup excitement has triggered booming sales of counterfeit jerseys and trading cards, worsening pressures on textile businesses already struggling with inflation and rising cheap imports. Argentina's World Cup excitement has driven…

fastcompany.com - Ella Chakarian - Costco CEO Ron Vachris: 'I don't see AI making choices' for the retailer
Costco CEO Ron Vachris: 'I don't see AI making choices' for the retailer
Fast Company

There is undeniable tension between employees who fear AI will take their jobs and CEOs who are wildly optimistic that AI will change their businesses for good. As executives name AI as one of many reasons for mass layoffs, Costco's CEO Ron Vachris…

wwd.com - Jasmin Malik Chua - UK Retail Giants Call for Urgent De Minimis Reform
UK Retail Giants Call for Urgent De Minimis Reform
WWD

For a group of British retail heavyweights, the government's move to close a tax loophole on low-value goods from overseas by 2029 would come too little, too late. In a letter sent Friday, 16 household names, including Asos, Primark, Marks &…

nola.com - Stephanie Riegel - Drive-thru coffee, cryotherapy, pilates: Experts share retail trends after Las Vegas event
Drive-thru coffee, cryotherapy, pilates: Experts share retail trends after Las Vegas event
NOLA.com

More than 20,000 real estate professionals gathered in Las Vegas last week for the annual International Council of Shopping Centers convention, a networking, deal-making, schmooze fest that brings together brokers, investors and retailers from…

fool.com - Motley Fool YouTube - Costco: A Retail Giant's Stock Worth Considering?
Costco: A Retail Giant's Stock Worth Considering?
The Motley Fool

Explore the exciting world of Costco (COST 0.83%) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! *Stock…

zerohedge.com - Tyler Durden - Consumer Isn't Dead Yet: US Retail Stocks Surge As Resilient Shoppers Surprise Markets
Consumer Isn't Dead Yet: US Retail Stocks Surge As Resilient Shoppers Surprise Markets
Zero Hedge

The S&P Retail Select Industry Index rose more than 1% Thursday morning as shares of Kohl's, Best Buy, and Dollar Tree surged on better-than-expected earnings results. Results suggest the U.S. consumer was stronger than feared in the prior quarter…

afr.com - Alex Gluyas - Australian retail investors finally break into Wall St's exclusive deals
Australian retail investors finally break into Wall St's exclusive deals
Australian Financial Review

For the best part of a decade, Australian investors have watched from the sidelines as overseas traders generated a windfall from the blockbuster initial public offerings of Wall Street's most hyped companies from Facebook – now known as…

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