Category: Retail News
Dick’s Sporting Goods blows past earnings estimates but issues cautious guidance ahead of 2024 election
Theft at Dick's Sporting Goods had previously impacted its profits but the company now appears to be past those issues. [...]
TJ Maxx’s owner is bringing its secret sauce to new parts of the world — with a twist
TJX Companies announced a pair of international endeavors this summer, with hopes its "secret sauce" can sweeten the investments. [...]
Steph Curry says he wants to be an NBA owner in the future
Golden State Warriors superstar Steph Curry spoke to CNBC about his plans for after his NBA career. [...]
NFL season expected to spur record $35 billion in legal sports wagers
Licensed sportsbooks like DraftKings, FanDuel and ESPN Bet are working to claim a bigger share of the action. [...]
‘Golden era’ for Hong Kong retail is over as Chinese tourists continue to tighten their purse strings
Real estate analysts claimed that the shopping frenzy the city once experienced will not return "for a long, long time." [...]
Why does Couche-Tard want to buy 7-Eleven? It’s a ‘cheap’ stock, says portfolio manager
There is little to improve in Seven & i's core business, but the company is cheaper than global counterparts, Comgest's Kaye said. [...]
Chinese consumer brands look to crack the global market with Singapore as a testbed
Chinese consumer brands are using Singapore as a cultural testbed in their push to build an international business. [...]
These 10 restaurant chains filed for bankruptcy this year
Chapter 11 filings have climbed 49% this year, according to BankruptcyWatch, and big-name restaurants such as Red Lobster and Buca di Beppo are among [...]
The ‘rent-first’ lifestyle is catching on. From cars to clothes and even caskets, here’s when it makes sense to buy vs. rent
Younger adults are showing a preference for the renting lifestyle, studies show. In some cases, it also makes financial sense. [...]
Cannabis industry targets luxury consumers with Fifth Avenue marijuana dispensary, Hamptons presence
In the 3½ years since New York state legalized adult-use marijuana, licensed cannabis sales have taken off, topping $100 million last year. [...]