Category: Retail News

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Dollar Tree shares slide after discounter cuts full-year forecast

Dollar stores, in particular, have felt pinched as their core customer make tradeoffs after a prolonged period of pricier food and everyday costs. [...]

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. [...]
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