Category: Retail News
Luxury goods giant LVMH becomes the first European company to surpass $500 billion in market value
Luxury goods giant LVMH on Monday became the first European company to surpass $500 billion in market value. [...]
Restaurants are expected to post strong earnings, but signs of trouble ahead could emerge
McDonald's, Chipotle Mexican Grill and Domino's Pizza are among the restaurant companies reporting their earnings next week. [...]
Bed Bath & Beyond files for bankruptcy protection
Bed Bath & Beyond has filed for bankruptcy after a series of last-ditch efforts to raise enough equity to keep the business alive failed at the el [...]
Recycling plastic can be a little confusing. Here’s what the numbers inside the recycling symbol mean
Most plastic recycling is not processed in the U.S. Here's what you need to know about the types of plastics and which ones will be made into somethin [...]
Artificial intelligence is a $38 billion revenue opportunity for retailers. Here’s how to play the trend
A.I. will impact everything from the in-store shopping experience, consumers' behavior and the supply chain. [...]
How A.I.-powered robots are changing retail
An army of inventory robots is being deployed to help retailers appease angry customers, boost sales and respond to the ongoing worker shortage. [...]
Walmart sells plus-size clothing brand Eloquii, offloading its third digital brand this year
The sales mark a reversal of a 2017-18 strategy led by Marc Lore, Walmart's former head of e-commerce. [...]
Procter & Gamble beats earnings estimates, raises revenue forecast
Procter & Gamble beat earnings expectations as higher prices helped offset lower demand for its products. [...]
Bed Bath & Beyond’s potential bankruptcy would create long-term growth for off-price retailer and Club holding TJX
Existential troubles facing Bed Bath & Beyond (BBBY) are creating an opportunity for Club holding TJX Companies (TJX) to take market share. [...]
MyPillow CEO Mike Lindell ordered to pay $5 million to 2020 election fraud data debunker
MyPillow CEO Mike Lindell claims that ex-President Donald Trump was defrauded out of reelection in 2020 by voting maching manipulation. [...]