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Category: Retail & Wholesale


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 […]


Industries, Retail & Wholesale

Target is the best name in retail and can survive a downturn, says Cowen

September 26, 2019

Via: CNBC

Target is the best retailer in this strong consumer economy, and it is prepared in the case of an economic downturn, according to Cowen. The firm named Target its top retail stock idea headed into the second half of 2019. […]


Industries, Manufacturing, Retail & Wholesale

Manufacturers, retailers less optimistic, survey says

September 16, 2019

Via: ABC News

Small manufacturers and retailers are losing confidence in the national economy yet remain upbeat about their own prospects. That’s the finding of a third quarter survey of 1,000 companies released last week by the U.S. Chamber of Commerce and MetLife. […]


Industries, Retail & Wholesale

Macy’s cuts outlook and shares plunge

August 14, 2019

Via: ABC News

Macy’s is lowering its annual earnings guidance after the department store struggled with a big earnings miss during the second quarter as it was forced to slash prices on unsold merchandise. The department store said Wednesday a combination of factors […]


Industries, Retail & Wholesale

A couple of analysts raise expectations for Amazon days before earnings

July 22, 2019

Via: CNBC

Two Wall Street analysts are betting big on Amazon’s quarterly report later this week by hiking their price targets on the e-commerce giant. Deutsche Bank analyst Lloyd Walmsley raised his 12-month price target on Amazon to $2,515 per share from […]