Category: Retail News
Investing in hobbies can be money well spent — just don’t take on debt
People often start the year by revisiting their budgets to save money. Yet, experts say hobbies shouldn't be the first category to go. [...]
Corona-maker AB InBev to have first beer sponsorship with the Olympics
The world's biggest brewing company has scored a global sponsorship for the upcoming Olympic Games, making it the first beer brand ever to sponsor the [...]
Cramer: Costco not done ‘saturating the world’ as new China store lures massive crowds
The crowds were so big that crowd-control measures were needed to get shoppers in and out. [...]
Google Cloud launches new generative AI tools for retailers
The suite of new products includes a generative AI-powered chatbot that retailers can integrate into their websites and mobile apps. [...]
CVS to close ‘select’ pharmacies in Target stores in the coming months
The CVS pharmacy closures in Target stores will begin in February and finish by the end of April, the spokesperson said. [...]
New York and California make retail theft a 2024 priority: ‘We mean business’
New York and California have named retail crime as a top priority in 2024 and are proposing new legislation and funding to tackle theft. [...]
Red Sea crisis could jeopardize inflation fight as shipping costs spike globally
JPMorgan told clients the fight against inflation could stall in the coming months if shipping costs push the price of goods higher. [...]
How KFC won over China
While much of KFC's early success came from the U.S., today the majority of its growth is in China. [...]
Wolverine World Wide sells Sperry to Authentic Brands Group in shoe retail deal
Brand management firm Authentic Brands Group bought Sperry, best known for its boat shoes and loafers, from Wolverine World Wide. [...]
Consumer spending rises in December to end solid holiday season, CNBC/NRF Retail Monitor shows
Retailers chalked up solid gains in the final month to wrap up the holiday season, according to the CNBC/NRF Retail Monitor for December. [...]