Latest in Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
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Trading platform Dub will pay some retail investors to share portfolios through TikTok-like 'creator program'
Accepted retail investors will earn royalties and can have other users copy their model portfolio.CNBC - 5h -
Currys Restarts Dividends Payout After Robust Christmas Sales
Currys said it expected profit for fiscal 2025 to beat market expectations and that it would restart paying dividends following a robust Christmas period.The Wall Street Journal - 1d -
Malaysia Retailer Eco-Shop to Tap Investors Ahead of IPO
The Malaysian discount-store retailer aims to start tapping investors early next week ahead of a planned initial public offering valuing the company at over $1 billion, people familiar with the ...The Wall Street Journal - 1d -
EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024
DETROIT — Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the U.S. for the first time last year — marking a landmark year for “green” vehicles but coming ...NBC News - 1h -
Target’s holiday sales show a rebound from third-quarter doldrums
Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.MarketWatch - 4h -
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.MarketWatch - 5h -
Retailers post early holiday results — and Wall Street isn’t impressed
Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.CNBC - 2d -
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - 3d -
Google Joins the AI Shopping Revolution With Agent Tools for Retailers
The next stage of AI development, which lets the technology act with more autonomy and performs some customer service actions, is being applied to an industry that must constantly embrace change.Inc. - 3d -
Robust U.S. Economy May Not Need Trump’s Big Reforms
The incoming President wants to uncork major moves, including protectionist tariffs, more tax cuts, and immigration curbs, but macroeconomic data suggests some measures may not be required.Inc. - 3d -
Lululemon’s stock jumps as strong holiday sales show demand is improving
Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.MarketWatch - 3d -
There’s Still Time for Off-Season Moves, but Some M.L.B. Teams Are Steps Ahead
There are still a number of difference-making free agents on the board and likely some significant trades still to come.The New York Times - 4d -
Herbert finds McConkey for improbable TD, but Texans' 2-point return halts momentum
The Chargers score their first touchdown of the game in the fourth quarter.ESPN - 4d -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - 5d -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - 5d -
Stellantis aims to reverse yearslong declines in U.S. sales and market share in 2025
Stellantis' top priority for the U.S. this year is to grow its retail market share after several years of declining sales in its largest, most crucial market.CNBC - 5d -
IRS announces the start of the 2025 tax season
The 2025 tax season will begin on Jan. 27 for individual taxpayers. Here are some options to file your 2024 taxes for free.CNBC - 6d -
We're buying more of this retail stock that's showing positive sales momentum
The company is having a nice fourth quarter, according to a note published by Truist on Friday.CNBC - 6d -
Lands’ End winter sale: 13 best products to shop
Lands’ End is currently discounting apparel for men, women and children, including winter essentials like coats, pants, gloves and more.NBC News - 6d -
After leaving the U.S., Richard Gere dives into holiday season in Spain with family
The Hollywood legend has wasted no time in enjoying his new life in Spain, taking full advantage of the holiday season to explore the surrounding areas of his Madrid abode.MarketWatch - Jan. 9 -
Costco’s holiday-season sales jump was not just about food, analyst says
Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in online sales.MarketWatch - Jan. 8 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
Suns will reportedly bring Bradley Beal off the bench -- can starting five shakeup save their season?
Mike Budenholzer is reportedly putting Ryan Dunn and Mason Plumlee into the starting lineupCBS Sports - Jan. 6 -
Sports Streaming Services Gain Momentum in 2025
Fubo will combine with Disney’s Hulu + Live TV, helping settle ESPN, Fox, and Warner Bros. Discovery’s lawsuit against Venu Sports; Netflix Adds WWE to its content offerings.Inc. - Jan. 6 -
Online Holiday Shopping Got an AI Boost, Says Salesforce
Online sales climbed 4 percent in the year-end buying period, as AI-powered chatbots facilitated sales and returns.Inc. - Jan. 6 -
Emeralds for Sale: The Taliban Look Below Ground to Revive the Economy
The Taliban government is counting on Afghanistan’s bountiful gemstone and mineral resources after the loss of billions of dollars in international aid.The New York Times - Jan. 6 -
Zapala scores season-high 15 points as No. 18 Michigan State holds off Ohio State 69-62
Zapala fueled a 12-0 run to build a 14-point lead for the Spartans.Yahoo Sports - Jan. 4 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3 -
How Three Small Independent Coffee Shops Started Their Businesses
The owners began their businesses with no college degrees and 100 percent grit. A visit from the TikTok food critic Keith Lee also helped.The New York Times - Jan. 3 -
Kingsbury wants to be HC again 'at some point'
Commanders offensive coordinator Kliff Kingsbury said he would like to be a head coach again but declined to say if that meant this offseason.ESPN - Jan. 2 -
Here’s the Reason U.S. Auto Sales Could Accelerate in 2025
Reduced inventories of cars amid enduring supply chain limitations are finally expanding again, lowering prices for buyers, and fueling sales growth for dealers.Inc. - Jan. 2 -
The battered bond market starts 2025 facing some difficult issues about debt
Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.CNBC - Jan. 1