Category: Retail News
Consumer spending growth will slow in 2024, economist predicts — it’s ‘not necessarily sustainable’
Consumer spending has remained remarkably resilient, but that's unlikely to continue, says Jack Kleinhenz, chief economist at the National Retail Fede [...]
LeBron James signs trading card deal with Fanatics Collectibles, leaving Upper Deck
Experts say LeBron James' deal with Fanatics Collectibles could be worth more than $5 million. [...]
Shein’s revenue is ‘a lot more’ than $30 billion annually, key retail partner says
Little is known about how much revenue Shein sees but one of the retailer's key partners said its sales are "a lot more" than $30 billion annually. [...]
Tiger Woods ends Nike partnership after 27 years
Mark Steinberg, Woods' longtime agent, told CNBC that the golfer made a business decision to not renew with Nike. [...]
Used car prices are still high, but they’re expected to stabilize in 2024
Cox Automotive expects wholesale prices to end the year up 0.5% from December 2023. [...]
Abercrombie, American Eagle and Lululemon raise holiday sales outlooks
Investors are starting to get a clearer picture of which companies captured more of holiday shoppers' dollars. [...]
We’re making 2 small stock sales to bulk-up our cash in a market that seems ahead of itself
We remain concerned that the recent Federal Reserve-driven rally has moved too far too fast. [...]
Unlocking the Potential: Strategies for Store Owners in the Retail Market
Discover effective strategies for store owners in the retail market to unlock their potential and maximize success. Gain an edge in today's competitiv [...]
Trial canceled in Haslam family suit vs. Berkshire Hathaway over truck-stop company value
Warren Buffett's Berkshire Hathaway was accused of using accounting that would diminish the value of the Pilot Travel Center stake owned by Jimmy Hasl [...]
Americans are racking up more ‘phantom debt’ — why that’s a problem
"Buy now, pay later" loans can be hard to track, making it easier for more households to get in over their heads, some experts say. [...]