Category: Retail News
Watches of Switzerland shares plunge 28% after guidance cut
Watches of Switzerland shares plummeted 28% on Thursday morning after the luxury watch retailer cut its guidance for fiscal 2024. [...]
‘That’s Bidenomics at work’: White House eager to take credit for retail sales bounce
Bidenomics is a central pillar of the president's 2024 reelection campaign. [...]
CNBC Daily Open: Good data, bad news?
It's only the third week of the new year and markets are slowly heading into the cycle of good data being received as bad news. [...]
China launches a security review of Shein. Here’s what it means for its IPO
China's powerful internet regulator is conducting a security review of Shein as the fast-fashion giant gears up for its highly anticipated U.S. IPO. [...]
Holiday sales climb, boosting retailer hopes that shoppers will spend during uncertain 2024
Holiday spending was more in line with pre-pandemic levels, but reflected the resilience of consumers heading into 2024. [...]
Haslam family sells Berkshire Hathaway remaining 20% share of Pilot Travel Centers
The sale of the Haslam stake to Berkshire Hathaway comes after they settled a Delaware Chancery Court case over accounting of the value of Pilot Trave [...]
Burger King owner Restaurant Brands buys chain’s largest U.S. franchisee
Restaurant Brands International will spend about $1 billion to buy Carrols Restaurant Group, the largest U.S. franchisee of Burger King. [...]
4 stock ideas I brought back from the JPMorgan Healthcare Conference and everything else I learned about the industry
Health care may be a real challenger to tech this year, a business that can actually grow faster than most of tech. [...]
Unlocking Success: Strategies for Store Owners in the Wholesale Market
Discover effective strategies for wholesale store owners to unlock success in the competitive market. Maximize profits and grow your business. [...]
From livestreaming to ‘shoppertainment,’ Gen Zers lead the way in Singapore’s online shopping space
Gen Zers are an increasingly important consumer segment as their spending power has steadily increased over the past decade. [...]