Category: Retail News
British online furniture seller Made.com suspends trading amid last-ditch rescue talks
The company, which listed in 2021, has suffered from consumers cutting back on big ticket items. [...]
3 takeaways from our daily meeting: Retail stocks, trimming positions, Qualcomm and Wynn
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Chinese tech giants’ push into U.S., Europe’s markets sets up potential clash with Amazon
ByteDance has launched a fashion website called If Yooou while Pinduoduo started an e-commerce site called Temu, selling items from electronics to clo [...]
3 takeaways from our daily meeting: Looking for new stocks, 2 trades, earnings recap
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Workers at NYC Starbucks and Amazon Go store file petition to unionize
Workers at the Starbucks and Amazon Go store in midtown Manhattan filed a petition for a union election on Friday. [...]
Mattress Mack’s $10 million bets on the World Series could net him a record $75 million
Mattress Mack, aka Jim McIngvale, has bet $10 million on the Houston Astros to win the World Series. [...]
Not a good buy: Rent the Runway, exactly one-year after IPO, is down nearly 90%
Rent the Runway became a force in fashion by renting designer clothes. Exactly one year after its IPO, the stock is down 90%, but its CEO is looking a [...]
Restaurant operating hours are still shorter compared to 2019, report finds
Eateries have trimmed their weekly operating hours by 7.5%, or 6.4 hours, compared with pre-pandemic schedules, according to a report from Datassentia [...]
Fanatics hires its first chief people officer as Michael Rubin’s sports business giant expands
Orlando Ashford joins Fanatics in the new role of chief people officer, the second C-suite hire in the past two weeks for Michael Rubin's sports platf [...]