Category: Retail News
Nordstrom tops Wall Street’s first-quarter sales expectations, even as shoppers spend less
The high-end department store reaffirmed its full-year outlook and posted a surprise profit on an adjusted basis. [...]
Dollar General shareholders pass proposal to improve worker safety
A shareholder proposal to improve worker safety at Dollar General by conducting an independent audit passed during the retailer's annual meeting Wedne [...]
We’re adding to our position in this beverage retailer on a 15% pullback
The slide in the company's shares began after it failed to raise its full-year guidance when reporting solid quarterly earnings at the start of the mo [...]
What are retail shrink and organized retail theft, and why do companies keep talking about them?
Shrink, retail theft and organized retail theft are often cited by retailers as a reason for lower profits, but the terms are distinctly different. [...]
Constellation Brands vs. Molson Coors: Here’s which beer maker is the clear winner to buy
Both Constellation Brands and Molson Coors have in-demand beer brands but we think there's only one that has outsized potential for long-term growth. [...]
Restaurants expect strong sales this summer. Consumers aren’t so sure
Last year, restaurant sales in May, June and July were tepid as higher gas prices and concerns about the economy weighed on consumers. [...]
TikTok Shop, a rising threat to Shopee and Lazada in Southeast Asia
TikTok Shop poses a threat to e-commerce players such as Shopee and Lazada in Southeast Asia as it pushes aggressively into the region. [...]
Gap shares jump 14% after retailer reports big improvement in margins
Apparel retailer Gap reported another quarter of net losses and sale dips across its four brands but did manage to significantly improve its margins. [...]
As back-to-school, holiday orders begin, this is what may be the new ‘normal’ in peak retail trade season
Peak retail trade season for back-to-school and holiday shopping begins in July and there's hope for an uptick from 2022, but some shipping CEOs are d [...]
Dollar Tree shares plunge after company misses on earnings, slashes full-year profit outlook
Dollar Tree disappointed Wall Street Thursday after it reduced its profit outlook for the year and missed on earnings estimates, sending shares plungi [...]