Finance News – Retailer
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Target Stock Sinks as Retailer Replaces CEO With Company Veteran
The appointment of a long-standing company executive as the new CEO has led to a decline in the retailer’s stock value, reflecting investor uncertainty about future financial perfo...
Read Full Article →Lowe's beats on quarterly earnings, buys home pros business for $8.8 billion
Lowe's reported stronger-than-expected quarterly profits and expanded its market presence by acquiring a home services company for $8.8 billion, aiming to increase revenue through...
Read Full Article →Target shares tumble as retailer picks new CEO, says sales fell again
The recent leadership change at Target highlights ongoing challenges as the company reports continued sales declines, prompting investors to closely monitor its efforts to improve...
Read Full Article →Target CEO steps down as company faces weak sales and customer boycott
The resignation of Target’s CEO signals a leadership shift aimed at addressing declining revenue and mitigating the financial impact of a prolonged consumer protest related to redu...
Read Full Article →Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and sto...
Michael Fiddelke's appointment as CEO marks a strategic effort by the company to revitalize growth and restore confidence among consumers and shareholders following an extended per...
Read Full Article →Walmart and rivals report, for the clearest look at the consumer yet. Will CEOs talk about the eleph...
The upcoming earnings report from a major retailer, alongside competitors, offers insight into consumer trends amid potential price increases influenced by ongoing U.S. tariff poli...
Read Full Article →Waterstones opens 10 new stores a year as younger adults embrace reading
Waterstones’ expansion with 10 new stores annually reflects increased consumer spending on books, driven by younger adults seeking offline experiences, contributing to the company’...
Read Full Article →Target might need to raise prices nearly twice as much as Walmart to cushion tariff impact, analysts...
Analysts suggest Target may face greater financial pressure than Walmart to adjust pricing due to tariffs, reflecting concerns about its comparative sales performance, digital expa...
Read Full Article →FatFace slims down workforce as brand returns to profit
Following its acquisition by a major retail group, FatFace reduced nearly 300 positions, contributing to improved financial performance and a positive shift in profitability during...
Read Full Article →Walmart's 10% employee discount now includes most groceries amid tariff pressures
Walmart has broadened its staff savings to cover nearly all grocery items, aiming to alleviate the impact of increased costs caused by tariffs on both employees and overall expense...
Read Full Article →Entertainer founder hands over toy shop chain to staff
The transfer of ownership to employees allows nearly 2,000 workers to participate in profit-sharing and decision-making, potentially improving motivation and aligning interests wit...
Read Full Article →WH Smith sells Funky Pigeon brand for £24m in travel pivot
WH Smith’s disposal of the Funky Pigeon brand for £24 million represents a strategic move to refocus its business model on travel retail while providing Card Factory with new techn...
Read Full Article →Bed Bath & Beyond parent company’s latest problem has nothing to do with retail
Beyond Inc.'s stock experienced initial gains followed by a decline after the company, which manages Bed Bath & Beyond and Overstock.com, announced second-quarter financial results...
Read Full Article →Sydney Sweeney just sent American Eagle stock soaring
Sydney Sweeney's involvement in the latest advertising campaign has positively impacted American Eagle's market value, leading to a notable increase in investor interest and stock...
Read Full Article →Lionesses fever sends shirt sales skywards ahead of Women’s Euro final
The heightened interest surrounding the team’s advancement in the tournament has led to a substantial increase in merchandise revenue, surpassing previous records from earlier comp...
Read Full Article →How London's rubber duck stores stay above water
Despite rising inflation and tariffs, a London retailer specializing in vibrant rubber ducks manages to maintain steady sales and financial stability within a competitive high stre...
Read Full Article →Watch These Kohl's Stock Price Levels as Retailer Becomes Latest Meme Play
Investors are closely monitoring specific price points in Kohl's shares as its unexpected popularity among social media traders influences trading volume and market movements.
Read Full Article →Kohl's Stock Jumps 40% as Meme-Stock Traders Eye the Retailer's Shares
Shares of Kohl's experienced a substantial increase as increased interest from retail investors, particularly those involved in social media-driven trading communities, drove heigh...
Read Full Article →Tuesday’s Insider Report: CEO at the world’s largest retailer makes a million-dollar sale
The recent transaction by a top executive at a leading global retailer highlights notable shifts in company ownership that may influence investor confidence and market valuation.
Read Full Article →Shares in Japan's Seven & i plunge 7% after Couche-Tard withdraws $47 billion takeover bid
The withdrawal of the $47 billion acquisition proposal by Alimentation Couche-Tard significantly impacted Seven & i Holdings' market value, leading to a notable decline in its stoc...
Read Full Article →Tariffs not slowing Aritzia's ambitious U.S. growth plans
Aritzia's expansion in the U.S. market continues to drive substantial revenue increases, exceeding 30%, despite challenges from new trade policies impacting the clothing industry.
Read Full Article →Hamleys: More loss-making stores closed by iconic toys seller
Hamleys’ decision to close numerous underperforming outlets while opening new ones reflects efforts to improve overall profitability and stabilize the company’s financial position...
Read Full Article →M&S shares sink lower after failing to recover from cyber attack
The ongoing decline in M&S’s stock price reflects investor concerns over the company’s ability to fully regain market confidence following the earlier cybersecurity incident.
Read Full Article →Shein files for Hong Kong IPO to pressure UK to save London listing
Shein's decision to seek a public offering in Hong Kong is intended to influence UK authorities to relax listing rules, highlighting the company's strategic approach to its financi...
Read Full Article →Currys shares soar after retailer posts growth across divisions
Currys experienced a notable rise in cash flow and profit before tax for the fiscal year ending May 3, 2025, reflecting strong performance in both physical stores and online sales...
Read Full Article →M&S’s online business should be ‘fully’ operational by end of month, CEO says
Marks & Spencer anticipates restoring complete online operations soon, which is expected to stabilize sales and help mitigate the financial impact caused by the extended disruption...
Read Full Article →M&S should be 'fully online' within four weeks, says boss
The company's rapid transition to a fully digital platform aims to mitigate the anticipated £300 million profit decline caused by the recent cybersecurity breach.
Read Full Article →Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros
Home Depot’s $4.3 billion acquisition of GMS aims to expand its market reach by strengthening relationships with contractors and enhancing its presence in the professional home imp...
Read Full Article →The thrift stores dividing Australian shoppers - podcast
As living expenses rise, an increasing number of Australians choose secondhand clothing outlets, though debate exists regarding the financial impact and ethical considerations of c...
Read Full Article →Superdrug to add 25 stores as demand for weight loss drugs soars
Superdrug’s planned addition of 25 new locations this year reflects growing consumer interest in weight management medications and beauty items, contributing to its financial resil...
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