Category: Retail & Wholesale

November 16, 2021

Home Depot’s sales continued to climb through third quarter with the U.S. housing market red hot. Revenue rose 9.8% to $36.82 billion, exceeding the $34.97 billion Wall Street had expected, according to a survey by Zacks Investment Research. Sales at […]

November 11, 2021

The personal luxury market of high-end accessories, leather goods and apparel has snapped back to pre-pandemic levels as U.S. shoppers outspent those in China in pursuit of the latest fashion trends, according to a study released Thursday by the Bain […]

October 20, 2021

According to 15 analyst offering 12-month price targets in the last 3 months, Ulta Beauty has an average price target of $430.67 with a high of $490.00 and a low of $345.00. Below is a summary of how these 15 […]

October 19, 2021

Amazon is making a big push for hiring to prepare for a particularly chaotic holiday shopping season. The e-commerce giant announced on Monday that it is hiring for 150,000 seasonal roles across the US. “Our seasonal hiring helps us deliver […]

October 15, 2021

Walmart Inc. is building a new weapon in its war with Amazon.com Inc. : a fintech startup. The retail giant is helping launch a new company, helmed by two former Goldman Sachs Group Inc. executives, that aims to provide financial […]

October 11, 2021

Shares plunged as much as 15% in early trading as the group pencilled in slowing sales growth ahead, after benefiting from a surge in demand during lockdowns. It is the latest fashion retailer to warn of supply chain strains and […]

September 30, 2021

Sales growth in the three months to the end of August slowed to 9% compared with the previous year, a sharp slowdown compared with the 32% growth rate seen in the previous quarter. Boohoo also warned that it faced higher […]

September 28, 2021

As the holiday season approaches, toymakers are worried about a looming toy shortage that could threaten to deplete store shelves and increase prices of the season’s most popular toys, Retail Dive reported. While many retailers are struggling to navigate shipping […]

September 10, 2021

The internet shopping giant plans to spend in the region of $1.2bn (£870m) over the next four years on the education and skills initiative for its US employees, including those who pack and ship online orders at its warehouses. The […]

August 30, 2021

Even though the resurgence of COVID-19 cases may dampen department stores’ growth in the near term, relatively inelastic demand for consumer goods and their strong online presence are expected to help quality department store stocks Kohl’s (KSS), Macy’s (M), and […]

August 26, 2021

Finance chiefs in the retail sector are paying up to ship goods by air instead of by ocean as they try to meet strong consumer demand amid ongoing production delays. Backlogs at global shipping ports and local lockdown measures in […]

August 25, 2021

Urban Outfitters is launching online resale store Nuuly Thrift this fall, as the company joins the growing secondhand sale trend fueled by younger consumers’ concerns over sustainability and repeating outfits. “URBN has been in the vintage renewal business since our […]

August 20, 2021

The retailer pointed to clothing and home sales – increasingly made online – bouncing back to just below pre-pandemic levels as well as a big boost to food revenues as evidence that its turnaround plan was working. M&S said the […]

August 19, 2021

Beijing’s crackdown on business that doesn’t support its policy goals suddenly looks like it might extend to luxury brands. Investors are only just waking up to the risks. On Tuesday, Chinese President Xi Jinping gave a speech about growing wealth […]

August 17, 2021

Jani, a 4-foot plush giraffe, arrived on my doorstep in mid-July, her neck bent backwards so that she could fit in the FedEx box, her brown eyes glassy, as if still finding her bearings after a long journey at sea. […]

August 17, 2021

IKEA, the world’s biggest furniture brand, is branching out into selling renewable energy to households, starting with home market Sweden in September. Ingka Group, the owner of most IKEA stores worldwide, said households would be able to buy affordable renewable […]

July 30, 2021

American consumers increased their spending by 1% in June — a dose of energy for an economy that is quickly rebounding from the pandemic recession but is facing new risks led by the delta variant of the coronavirus. At the […]

July 20, 2021

It may be the dog days of summer, but retailers are already busy planning for a holiday season geared toward experiential, but less expensive, gifting. The new forecast from Salesforce, released Tuesday (July 20), also predicts that logistical challenges could […]

July 13, 2021

American consumers faced a third straight monthly surge in prices in June, the latest evidence that a rapid reopening of the economy is fueling pent-up spending for goods and services that in many cases remain in short supply. Tuesday’s report […]

June 29, 2021

Walmart said Tuesday it will offer a less expensive version of insulin that could better fit into the budgets of millions of Americans who don’t have health insurance or who struggle to pay for the lifesaving diabetes drug. Starting this […]