Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Zelluna ASA: Private Placement and Retail Offering successfully placed
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, SOUTH AFRICA OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR…
The Case For Unifying Telecom Retail Channels Under One Umbrella
Mushfig Aliyev is the chief commercial officer of Azerconnect Group. The telecom industry's approach to retail hasn't meaningfully changed for two decades. Operators run front offices, dealers push mobile devices and customers navigate between…
US retail sales beat expectations in May
US retail sales increased more than expected in May, but a slowdown is likely as the cushion from larger tax refunds against higher prices diminishes. SCROLL TO CONTINUE WITH CONTENT Retail sales jumped 0.9 percent last month after a downwardly…
Morningstar teams up with Wall Street firms to open private markets to retail investors
The wealth division of Morningstar has teamed up with Apollo Global Management, Franklin Templeton and J.P. Morgan Asset Management to launch a suite of portfolios that will give retail investors exposure to both private and public markets. SCROLL…
US retail sales beat expectations in May as energy costs stay high
US retail sales surged past expectations in May, government data showed Wednesday, boosted by higher spending at gas stations as energy costs remained elevated amid fallout from the Middle East war. Sales were up 0.9 percent from April at $763.7…
How Fashion Retail Is Talking the AI Talk
AI has slipped easily into the role that the internet played at the turn of the century. It's clearly useful, absolutely revolutionary and just about everywhere all at once — whether it's consumers logging into ChatGPT to shop or retailers…
Retail sales up a strong 0.9% in May, underscoring the resilience of the US consumer
NEW YORK (AP) — Shoppers stepped up their spending in May and surpassed expectations as temperatures warmed and gasoline prices leveled off. Retail sales rose 0.9%, up from a revised 0.4% gain in April, according to Commerce Department data…
Retail Sales Increase a Strong 0.9% in May - TT
A cashier checks out groceries at a store in Schaumburg, Ill. (Nam Y. Huh/AP/ File) U.S. retail sales rose 0.9% in May according to Commerce Department data, exceeding April's revised 0.4% gain as consumer spending strengthened. Broad-based gains…
US retail sales unexpectedly climb despite higher gas prices
American retail sales unexpectedly climbed in May, marking a fourth consecutive month of robust consumer spending, even as households navigated higher gasoline prices. The Commerce Department reported Wednesday that increased motor vehicle…
Injured Retail Employees Are Being Screwed at Every Turn
Bluesky “He might not be able to work here any longer.” These were the words that made me want to report on injury in the retail industry. I was working as a cashier in a supermarket when a manager commented casually that a…
Diverging Household Income Divides Retail Landscape
Surface economic metrics paint a reassuring picture of a resilient American market, but aggregate figures conceal a deep structural fracture along income lines. The conventional narrative is gone. A “K-shaped” consumer economy has…
Zelluna ASA: Contemplated Private Placement and Retail Offering to Strengthen its Position Ahead of Initial Clinical Data
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION…
U.S. Retailers' Sales Growth Accelerated Last Month
Sales growth rose more than expected for U.S. retailers in May, as consumers continued to make purchases even as gasoline prices remained elevated. Retailers' sales grew by 0.9% last month to $763.7 billion, versus the 0.4% growth recorded in…
Credit Cards, Tax Refunds Fuel May Retail Sales
Consumers are turning to credit cards, their tax refunds and scrounging for coins under the couch cushions, but they still hit the stores and spent online last month even as high prices at the gas pump took their toll. IRL spending at apparel and…
Electricals retailer AO World racks up record £50.5m profit - but slams Labour
AO World has posted record profits — while also blaming Labour's “jobs tax” for pushing hundreds of customer service roles overseas. The online electricals retailer saw pre-tax profits surge by 145 per cent to…
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