Category: Retail News
Here’s why Americans are going back to Chili’s
Chili's investments in experience and advertising are paying off, as it is enjoying massive same-store sales growth. [...]
Shein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China
Critics say Shein and Temu are able to offer low prices because they evade import duties under the de minimis exemption — a loophole that could soon b [...]
U.S. lawmakers introduce bill to put regulations on sports betting operators
The proposed legislation would focus on affordability, advertising and artificial intelligence. [...]
Biden targets Shein, Temu with new rules to curb alleged ‘abuse’ of U.S. trade loophole
Under a new White House rule proposal, Chinese exports subject to U.S. tariffs would no longer be eligible for the de minimis shipping loophole. [...]
Alibaba’s Taobao shopping app launches AI-powered English version in Singapore, jumps to first place in Apple’s App Store
Alibaba's Taobao app topped Singapore's Apple Store charts after launching an AI-powered English version on Tuesday, boosting accessibility for users. [...]
Why we started a position tied to housing and where we see this stock going
The stock started to work again over the past few months after bond yields plunged. [...]
Three key questions that will shape whether Coach and Michael Kors owners will merge
Tapestry and Capri, the owners of Coach and Michael Kors, respectively, are in court this week over a federal antitrust challenge of their planned mer [...]
TJX, Costco and Best Buy stocks are an embarrassment of riches
All three retailers should continue to grow. [...]
Junior Bridgeman buying stake in Milwaukee Bucks in a deal that values team at $4 billion
Former NBA player Junior Bridgeman is set to buy a 10% stake in the Milwaukee Bucks, three sources familiar with the deal said. [...]
Restaurant chain BurgerFi files for Chapter 11 bankruptcy protection
In its latest quarter, same-store sales at BurgerFi's namesake chain tumbled 13%. [...]