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…
Retail hype for SpaceX stock shows no sign of waning days after the IPO
SpaceX is still the focus among retail traders days after its historic IPO last Friday. The day-trader crowd had been selling stocks to free up dry powder ahead of the offering, and days later, they aren't slowing down, data from Vanda Research…
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…
AI Could Boost European Retail By More Than $360 Billion
Retailers in Europe could unlock a massive economic windfall if they reimagine their workflows and integrate AI at every stage of the business in the next five years, according to a report from McKinsey & Company. Calling this an end-to-end AI…
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…
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…
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…
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…
Knicks Championship Gear, World Cup Fever Bode Well for Retail Sales
The New York Knicks and FIFA World Cup fevers have converged, and that means good things for retail sales. For New York fans, the Knicks won their third NBA championship in franchise history on Saturday, ending a 53-year dry spell since 1999. And…
AI agents won't transform commerce until retailers redesign how decisions get made
Retailers are currently obsessed with the wrong side of the screen. The industry is watching a race between Google, Shopify, and Amazon to build the next great interface, the AI agent that can search, recommend, and eventually execute a transaction…
Cracking the retail conversion code: How AI demographics transform footfall into bottom-line revenue
FaceCamAlert's Demographics Platform bridges the visibility gap. For retailers, the ultimate operational equation is simple: transform passing footfall into immediate revenue, repeat visits and sustained basket size. Yet many retailers still…
Major retailer drops price of 'immersive' AirPods from £120 to £80 in flash deal
APPLE's latest AirPods 4 have dropped to £79.80 from £119 in an early Prime Day deal. It's one of the strongest Apple discounts I've spotted ahead of Amazon's major sales event, giving shoppers a chance to save before Prime Day gets…
Are retailers' offshoring plans putting the nation's 'corporate brain' at risk?
This year, some of Australia's biggest and best-known companies – Telstra, National Australia Bank (NAB), Officeworks and Woolworths – have decided to cut jobs locally, while creating more overseas. Those will mainly be in India, the…
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