Finance News – Retail
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Shoppers say they’re ‘not interested’ in Amazon’s longer Prime Day sale
Extending the upcoming sales event to four days may impact overall revenue, as consumer enthusiasm appears limited, potentially influencing both short-term earnings and long-term c...
Read Full Article →This crypto raised $299M with zero VC help: BlockDAG is the people’s chain
BlockDAG has secured $299 million in funding entirely through community support, distinguishing itself from other major cryptocurrencies that rely on venture capital backing.
Read Full Article →Retail footfall dips in May despite higher consumer confidence
The decrease in in-store visits during May suggests potential challenges for retailers, as consumer spending growth did not keep pace with increased optimism among shoppers.
Read Full Article →ATS COIN Introduces Comprehensive Blockchain-Based Ecosystem for B2B and Retail
The launch of a blockchain-powered platform by ATS COIN offers new opportunities for businesses and consumers to engage in secure and efficient financial transactions within a unif...
Read Full Article →Bitcoin may struggle in Q3 as eyes turn to Ethereum’s ‘catch-up’ — Analysts
Analysts suggest that Bitcoin’s atypical market behavior in the third quarter could impact its price trajectory, while increased focus on Ethereum might influence investment shifts...
Read Full Article →Spending more on less: Premiumisation emerges as retail winner
The trend of increasing consumer expenditure on higher-end goods has influenced retailers to adjust their offerings, resulting in notable revenue growth within select market segmen...
Read Full Article →FTSE 100 approaching record high; US-China trade talks ‘going well’ as meeting resumes – business li...
The potential acquisition of Revolution Beauty by a prominent UK retailer indicates ongoing consolidation in the market, while improving trade relations between major economies cou...
Read Full Article →Retail shrinks by over 360,000 jobs in a decade
The reduction of over 360,000 positions in the UK retail sector since 2015 highlights a significant decline in employment, impacting economic activity and workforce distribution wi...
Read Full Article →Winnebago says job cuts are coming. Why Trump’s tariffs can be blamed.
Winnebago’s announcement of workforce reductions and lowered profit expectations highlights the financial challenges the company faces amid reduced consumer demand influenced partl...
Read Full Article →Robinhood Completes $200M Acquisition of Crypto Exchange Bitstamp
The $200 million purchase of Bitstamp enables Robinhood to expand its presence in the worldwide cryptocurrency sector, targeting both individual investors and institutional clients...
Read Full Article →How Target lost its sparkle
Target's recent challenges have impacted its market performance and investor confidence, reflecting a shift in consumer behavior and competitive pressures affecting its revenue gro...
Read Full Article →Costco’s $1.50 hot dog still holds — and so does customer loyalty
Despite economic fluctuations and rising prices elsewhere, Costco's consistently low-priced hot dog continues to attract customers and contribute modestly to the company’s overall...
Read Full Article →Burlington CEO Sees 'Challenges and Opportunities' Ahead for Off-Price Retail
The company's leadership anticipates a mix of obstacles and potential growth in the off-price retail sector, which could influence revenue streams and overall market positioning in...
Read Full Article →Asda unlikely to see growth before year-end at earliest, says supermarket boss
Asda’s sales have declined over recent months despite efforts to improve offerings, while increased competition from Aldi’s planned expansion may further impact its financial perfo...
Read Full Article →Costco reports earnings today. Here’s why its results might not change investors’ perceptions.
Costco’s latest financial results, released amid ongoing tariff concerns and cautious pricing strategies across the retail sector, may have limited impact on how investors view the...
Read Full Article →Macy's Profit Tops Estimates But Retail Giant Warns About Tariffs
Macy's reported higher-than-expected earnings this quarter, though the company cautioned that ongoing tariffs could increase costs and impact future financial performance.
Read Full Article →Bitcon hits new all-time high as open interest spikes, retail stays on sidelines
The rising open interest in Bitcoin indicates growing leverage usage, which has played a significant role in pushing its price to record levels despite limited participation from r...
Read Full Article →Trump tariff pause bumps up China imports, but less retail choice and higher prices are coming: CNBC...
The temporary suspension of tariffs has increased shipments from China, yet concerns remain about potential shortages and rising costs affecting consumer options in the near future...
Read Full Article →Walmart follows Costco's lead on gas stations
Walmart’s expansion of its fuel station network reflects a strategic move to increase revenue streams and compete more effectively in the retail fuel market.
Read Full Article →Target’s stock drops as earnings fall below forecasts and outlook is lowered
Target experienced a decline in its share price following weaker-than-anticipated first-quarter sales and profit margins, prompting the company to adjust its future financial expec...
Read Full Article →Home Depot Intends to 'Generally Maintain' Current Pricing in Face of Tariffs
Home Depot plans to keep its prices largely stable despite new tariffs, aiming to manage costs while minimizing financial impact on both the company and its customers.
Read Full Article →StockX refuses to refund me over peeling £300 Bape trainers
The refusal of the resale platform to offer compensation for defective £300 designer sneakers highlights potential financial risks consumers face when purchasing high-value items w...
Read Full Article →Government urged to prioritise high streets or risk losing seats to Reform
A retail coalition highlighted that declining employment in the sector may impact political support in key regions, emphasizing the need for targeted investment to sustain local ec...
Read Full Article →Trump to Walmart: Make less money
President Trump's criticism of Walmart highlights concerns that ongoing trade tensions and increased tariffs may lead to higher operational costs, potentially impacting the company...
Read Full Article →Trump says Walmart should 'eat the tariffs' instead of raising prices
The debate over who should absorb increased costs from import taxes highlights potential impacts on consumer prices and corporate profit margins within the retail sector.
Read Full Article →A luxury version of H&M is taking over in 2025 — and making it cool to be basic
The introduction of a higher-end brand under H&M’s umbrella is expected to attract wealthier customers, potentially boosting revenue and expanding its market share in the premium f...
Read Full Article →Walmart helped keep America's prices low for decades. Now it's leading them higher
Walmart’s extensive supply chain influence and cost-saving strategies have historically contributed to lower consumer prices, but recent shifts indicate the company may now be cont...
Read Full Article →Landsec boosts profit amid residential and retail pivot
Landsec reported increased earnings driven by a shift in its property holdings, with profit before tax rising to £395 million alongside substantial planned investments in the retai...
Read Full Article →Shark Tank alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
Bombas’ appointment of experienced retail leader Jason LaRose as CEO signals a strategic move to expand its market presence and drive revenue growth beyond its initial direct-to-co...
Read Full Article →M&S: FTSE 100 shares rise after major cyber attack update
Following an update on the ongoing cyber incident, the increase in Marks and Spencer’s stock reflects investor confidence as critical financial information appears secure despite s...
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