Category: Retail News
Breaking Down Retail Industry Trends: What’s Hot in 2023
Discover the latest trends in the retail industry for 2023. Find out what's hot and stay ahead of the competition in the evolving retail landscape. [...]
Last-minute holiday shopping is ‘one of the keys to success for crooks,’ expert says. How to stay safe
Taking these steps can help ensure you don't become a fraud victim as you check off those last-minute holiday gifts on your list. [...]
Why Kellanova’s Pop-Tarts sales are going strong 60 years later
Pop-Tarts are ubiquitous in American culture, beloved by both children and adults, and eaten for breakfast, a snack or dessert. [...]
Consumer stocks are ‘on a tear.’ Here are analysts’ top picks in the space for 2024
These are analysts' favorite stock picks for 2024 as the sector benefits from easing interest rates and inflation. [...]
Nike, Foot Locker shares plunge after sneaker maker cuts revenue outlook
Nike lowered its revenue outlook for the fiscal year and unveiled a plan to cut $2 billion in costs. [...]
Nike unveils plan to cut $2 billion in costs, warns of soft revenue
Nike said the plan will $400 million to $450 million in pre-tax restructuring charges that will largely come to fruition in the current quarter. [...]
Man pleads guilty in stock fraud case involving $100 million New Jersey deli
Hometown International once was valued at $100 million on the stock market despite owning a tiny, money-losing deli in New Jersey. [...]
New car sales are expected to rise slightly next year in the U.S.
Forecasters expect auto sales next year to increase by between 1% and 4% to roughly 15.6 million to 16.1 million vehicles sold. [...]
Santa gets a behind-the-scenes boost from AI this holiday season
From using chatbots to predicting demand for items, retailers are experimenting with and expanding use of generative AI this holiday season. [...]
Every restaurant chain wants to beat Chick-fil-A, but it’s stronger than ever
Even McDonald's, which outstrips Chick-fil-A by sales and footprint, is leaning into chicken to drive growth. [...]