Category: Retail News
Global smartphone sales rebound in October after declining for more than 2 years: Counterpoint
The global smartphone market grew 5% year-on-year in October after months of negative growth, said Counterpoint Research. [...]
2 of our stocks stand to gain from the discount-driven start to holiday online shopping
Consumers are belt-tightening, which is good news for Club names that help shoppers score bargains. [...]
Diageo cites Diddy rape claims in renewed push to keep him out of tequila ads
Sean Combs, who denied and promptly settled the allegations, faces criticism from various corners of his commercial empire, from his liquor partnershi [...]
Holiday shoppers have the ‘best discounting season in years,’ expert says. These tips can help you save even more
These dos and don'ts can help you make sure you're not suffering from a holiday debt hangover in the new year. [...]
Bad news for Black Friday: Retailers cast doubt on holiday shopping with cautious guidance
Retailers have been cautious headed into the holidays, spelling trouble for the crucial shopping season and raising questions about the health of the [...]
Popeyes adds chicken wings to its menu permanently, including popular Ghost Pepper flavor
Last month, Popeyes overtook KFC to secure its spot as the No. 2 chicken chain in the U.S., behind Chick-fil-A. [...]
Jack Ma halts plans to cut his Alibaba stake after shares in the Chinese e-commerce giant drop
Alibaba shares have dropped below the price that Jack Ma would like to sell them for. [...]
These big names in retail could get hit by Temu’s surging growth, Bank of America says
The Wall Street bank also named retailers that are likely to be insulated from the Chinese e-commerce app's rise. [...]
Nordstrom sales come up short, echoing broader retail industry pressures
Nordstrom stressed progress it's made by clearing through inventory and reducing markdowns. [...]
Clothing rental service Nuuly reaches profitability, beating rival Rent the Runway to the benchmark
Urban Outfitters' clothing rental service Nuuly has turned its first profit since its launch in 2019, rivaling the performance of competitor Rent the [...]