Category: Retail & Wholesale

January 8, 2020

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 […]

December 20, 2019

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. […]

December 2, 2019

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 […]

November 19, 2019

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 […]

November 11, 2019

(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 […]

October 28, 2019

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 […]

October 25, 2019

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 […]

October 17, 2019

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 […]

October 4, 2019

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 […]

September 30, 2019

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 […]