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Category: Retail & Wholesale


Industries, Retail & Wholesale

Kohl’s needs more than an Amazon partnership to grow sales

January 8, 2020

Via: Market Watch

Kohl’s Corp. is getting a boost from its partnership with Amazon.com Inc., but Jefferies analysts still expect same-store sales and margins to decline due to weakness in key categories like women’s and children’s. Jefferies downgraded Kohl’s KSS, +0.22% shares to […]


Industries, Retail & Wholesale

Amazon Go’s Cashierless Stores Have a New Rival

December 20, 2019

Via: Fortune

The future is in a Shell gas station in the sleepy Silicon Valley suburb of Campbell, Calif. Customers who walk into the service station’s adjacent convenience store to buy Kettle Chips and Arizona Ice Tees never deal with human cashiers. […]


Industries, Retail & Wholesale

Amazon and Walmart Thought India Would Be Their Next Giant Market. India’s Shopkeepers Would Like to Disagree

December 2, 2019

Via: Fortune

In the heart of New Delhi’s largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy. “Amazon, Flipkart!” one merchant after another shouts into a microphone from a small stage in Sadar Bazaar’s central […]


Industries, Retail & Wholesale

As Kohl’s shares plunge, Cramer calls out CEO for glossing over why earnings missed estimates

November 19, 2019

Via: CNBC

CNBC’s Jim Cramer ripped into Kohl’s on Tuesday after the department store chain reported disappointing earnings and warned on forward guidance. “This is awful,” Cramer said on “Squawk on the Street,” as shares of Kohl’s tumbled more than 18%, on […]


Industries, Retail & Wholesale

Chinese E-Commerce Giants Report Booming Singles Day Sales

November 11, 2019

Via: Time

(BEIJING) — Chinese e-commerce giants Alibaba and JD.com reported a total of more than $50 billion in sales on Monday in the first half of Singles Day, an annual marketing event that is the world’s busiest online shopping day. Singles […]


Industries, Retail & Wholesale

Tiffany is set to soar nearly 20% after Louis Vuitton made a $14.5 billion bid for the company

October 28, 2019

Via: Business Insider

LVMH, the luxury brand that owns Louis Vuitton, Moët and Hennessy, is reportedly making a $14.5 billion deal to buy jeweller, Tiffany & Co, sending its stock soaring in pre-market trading. The luxury group first approached Tiffany earlier this month […]


Industries, Retail & Wholesale

Amazon’s earning shocker is set to wipe over $50 billion from its market cap

October 25, 2019

Via: Business Insider

Amazon had a shocker in its latest earnings report, and now it’s set to lose $53.7 billion off its market cap. The tech giant slid 5.6% in pre-market trading, after missing Wall Street estimates in its third-quarter earnings, in terms […]


Industries, Retail & Wholesale

Is the U.S. Consumer ‘Wavering’? Slowing Retail Sales Are a Warning Sign That the Economy May Be in Trouble

October 17, 2019

Via: Fortune

If the U.S. economy has a hero in 2019, it’s the American consumer. Amid a global slowdown and bearish forecasts of a U.S. recession, bulls have consistently pointed to robust consumer spending as a strong trend that can shore up […]


Industries, Retail & Wholesale

Brexit panic buying could impact Black Friday and Cyber Monday, say researchers

October 4, 2019

Via: TechRadar

It seems we could see a rush on stores well before Black Friday: shoppers are likely to stockpile food and other goods ahead of Britain’s exit from the European Union, according to a survey of managers at logistics and supply […]


Industries, Retail & Wholesale

Forever 21 Adds to Retail Apocalypse With Its Own Bankruptcy Filing

September 30, 2019

Via: Fortune

Forever 21 Inc. filed for bankruptcy protection, adding another big fashion merchant to the tally of retailers who couldn’t cope with high rents and heavy competition. Court papers filed in the Bankruptcy Court for the District of Delaware show Forever […]