Category: Retail News
Retail sales rose 0.7% in September, much stronger than estimate
The advanced retail sales report for September was expected to show a gain of 0.3%, according to a Dow Jones estimate. [...]
StubHub sees 60% jump in ticket sales for NBA season as international interest surges
The Los Angeles Lakers, with LeBron James and Anthony Davis, are again the top in-demand NBA team. [...]
Our top 5 stocks of October so far as Wall Street rebounds from a September slump
This month has been more kind to stocks than last. Our top performers at the halfway mark include Foot Locker and Eli Lilly. [...]
Amazon has room to go higher even after this year’s 58% rally, Stifel says
Shares of Amazon may have rallied 58% so far this year, but Stifel says there's more room to go. [...]
Absolut Vodka and Sprite canned cocktail coming next year
The Coca-Cola Company teamed up with Pernod Ricard to announce the launch of a ready-to-drink pre-mixed cocktail containing Absolut vodka and Sprite n [...]
Rite Aid files for bankruptcy amid slowing sales, opioid litigation
Drugstore chain Rite Aid filed for bankruptcy as it faces a mounting debt pile, slowing sales and lawsuits alleging it oversupplied painkillers. [...]
Halloween is candy’s biggest holiday. Here’s how Snickers maker Mars prepares for trick-or-treaters
The National Retail Federation predicts consumers will spend $3.6 billion on Halloween candy this year. [...]
Retail Industry Trends: What Store Owners Need to Know in 2023
Stay ahead of the curve in the retail industry by learning about the latest trends that store owners need to know in 2023. Adapt and thrive in the evo [...]
Amazon’s latest sales event demonstrates ‘the power of the Prime subscription’
Amazon's (AMZN) strong execution at its fall sales event this week again shows the deep value of the Prime subscription model. [...]
3 ways Costco can win leveraging AI and its treasure trove of member shopping data
Costco (COST) could further enhance its stellar operation by incorporating generative artificial intelligence into its business. [...]