Category: Retail News
The ‘internet’s favorite underwear’ goes mainstream: Gen Z brand Parade agrees to be bought
Parade, the underwear startup that vowed to be the opposite of Victoria's Secret, has agreed to be bought by Fruit of the Loom licensee Ariela & A [...]
Home Depot beats earnings estimates, but sales slide as consumers pull back on big-ticket buys
Home Depot beat earnings estimates but reiterated its full-year guidance, saying consumers are still wary of big-ticket purchases. [...]
Four reasons why the consumer is so confusing — and what that may mean for retail earnings
As Home Depot, Target and Walmart report earnings, retailers and investors have had to weigh contradictory factors as they predict consumer spending p [...]
Kraft Heinz picks new CEO as sales slump in the face of higher prices
Current Kraft Heinz CEO Miguel Patricio will stay on as chair of the board after stepping down. [...]
We’re booking profits in this off-price retailer, as the stock continues to gain
Shares of the company are up roughly 1% Monday and hovering around all-time highs. [...]
Jim Cramer’s top 10 things to watch in the stock market Monday
It's a big week of retail earnings, with Target, Walmart and Club name TJX Companies all set to report results. [...]
A revolution in weight loss treatment may force a reckoning for food and beverage companies
Morgan Stanley said a sizeable demographic representing a disproportionate share of food consumption will be changing their habits due to weight loss [...]
Shoppers embrace ‘girl math’ to justify luxury purchases — here’s how it works
Cash-strapped consumers can justify their luxury purchases with TikTok's latest trend: 'girl math.' [...]
Major retailers bring $14 billion in revenue to Black-owned brands
Companies like Nordstrom, Macy's and Sephora have partnered with the Fifteen Percent Pledge to drive sales to Black-owned businesses. [...]
Retailers are shaping a wave of laws to crack down on organized theft — here’s how they do it
Nine states have passed laws addressing organized retail crime and Congress is considering federal action. Experts say the new laws may not reduce cri [...]