Category: Retail News
As Target shutters some stores, retailer looks to prove it can grow and avoid new setbacks
Target is gearing up for the holiday season, after dealing with slowing sales, backlash to its Pride collection and losses from theft. [...]
Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions
The new Retail Monitor, debuting Monday, is a joint product of CNBC and the National Retail Federation based on real card data from Affinity Solutions [...]
Xiaomi claims a record $3.11 billion in Singles Day sales
Alibaba and JD.com declined for a second-straight year to share total figures for the Singles Day shopping festival. [...]
Flutter shares fall after disappointing earnings — but it insists FanDuel is No. 1 in sports betting
A disappointing earnings report sent shares of FanDuel parent Flutter falling, as it defends its first place position in the U.S. sports betting marke [...]
McDonald’s and Krispy Kreme are in talks to expand partnership
Shares of the doughnut chain were down 10% in morning trading after the company's third-quarter earnings and revenue fell short of Wall Street's estim [...]
Barbie who? Gen Alpha kids ‘obsessed’ with skincare could fuel holiday spending
Young children are adopting skincare routines like never before and this holiday, they're set to drive beauty sales. [...]
Fanatics helps pro athletes transition to life after sports with business immersion program
This week, 11 WNBA and MLB players took part in a weeklong business immersion program in Los Angeles. [...]
How Urban Outfitters’ Nuuly is outsmarting Rent the Runway
Since launching in 2019, Nuuly, a clothing rental subscription service by Urban Outfitters Inc., is growing quickly. [...]
Wholesale Sourcing Strategies for Store Owners on a Limited Budget
Discover effective wholesale sourcing strategies for store owners with limited budgets. Learn how to find affordable products and maximize profits for [...]
Amazon adds a new reason to get and keep Prime: member discounts on health-care services
Amazon's (AMZN) new health-care add-on to Prime is the latest example of how the subscription is a valuable deal for its members. [...]