Latest in Car Retailer Calls
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Carvana’s stock soars 20% as used-car retailer calls for better times ahead
Online used-car platform blows past Wall Street expectations for its third quarter.Business - MarketWatch - 6 hours ago -
Why major retailers are closing stores
Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...Top stories - CBS News - October 21 -
Retail sales post solid gain in September, showing a continued strong economy
Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.Business - MarketWatch - October 17 -
Halloween’s Mutation: From Humble Holiday to Retail Monstrosity
Americans once made their own costumes and candy. Now, the holiday has rapidly commercialized, transforming into an economic juggernaut.Business - The New York Times - October 19 -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
Reports: Leverkusen's Boniface in car accident
Bayer Leverkusen striker Victor Boniface was involved in a car crash following the club's 2-1 victory over Eintracht Frankfurt, German media reported on Sunday.Sports - ESPN - October 21 -
Retailers Are Tossing Out Traditional Holiday Calendars. Here’s Why
Holiday shoppers have driven retailers to change their seasonal strategies.Business - Inc. - October 13 -
National Retail Federation predicts record 2024 holiday sales
Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday. The NRF forecasts holiday retail ...Politics - The Hill - October 15 -
Retailers Can Expect Another Record-Breaking Holiday Season
The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.Business - Inc. - October 15 -
Beyond to Make Physical Retail Comeback With Investment in The Container Store
Beyond is investing $40 million in The Container Store, providing the struggling retail chain a financial lifeline while returning some Bed Bath & Beyond products back to physical retail locations.Business - The Wall Street Journal - October 15 -
Amazon announces first Kindle ever with color screen, retailing for $279
The company is refreshing its entire e-reader lineup, launching four new Kindle devices.Business - CNBC - October 16 -
Amazon announces first Kindle ever with color screen, retailing for $279
Amazon on Wednesday announced a new Kindle e-reader, and for the first time ever it has a color display.Top stories - NBC News - October 16 -
30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy
U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the ...Business - MarketWatch - October 17 -
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - Financial Times - October 17 -
Iran foreign minister visits Egypt as leaders try to contain regional war
Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on GazaBusiness - Financial Times - October 17 -
Retail Sales Surpass Expectations, Sign of Solid US Economy
A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.Business - The New York Times - October 17 -
China reports better-than-expected retail sales and industrial production data
The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.Business - CNBC - October 18 -
Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing
Threat from Lebanese militant group follows death of Hamas leader in firefight in GazaBusiness - Financial Times - October 18 -
British retail sales beat forecasts to rise for third straight month
Tech purchases fuel unexpected growth of 0.3%Business - Financial Times - October 18 -
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Winnebago’s stock rocked by a big profit miss, due to ‘sluggish’ retail demand
Winnebago’s stock sinks after a big profit miss for its fiscal fourth quarter, which offset a revenue beat.Business - MarketWatch - October 23 -
Target, Walmart and other retailers announce price cuts ahead of holidays
Target says more than 2,000 items are having their prices marked down ahead of holiday season, joining other retailers like Walmart and Aldi who have also announced plans for cheaper costs before ...Top stories - CBS News - October 23 -
Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels
Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.Business - Inc. - October 23 -
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.Business - CNBC - 6 days ago -
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday.Top stories - NBC News - 6 days ago -
Prop 36 supporters say it will combat California's retail theft. Here's what to know.
CBS News California examined retail theft rates in California and whether the high-profile Proposition 36 would help combat those crimes.Top stories - CBS News - 6 days ago -
Thousands of cars that crash in US are ending up in Russia
The South Caucasus nation of Georgia has a huge used car market, with many vehicles finding their way over the border.Top stories - BBC News - October 13 -
Dad sleeps in car as housing list reaches peak
A father with chronic back pain and asthma tells how the family-of-six are struggling to live a flat.Top stories - BBC News - October 15 -
France pushes for ‘flexibility’ on EU car emissions rules
Economy minister says Paris is sounding out European partners to see what can be doneWorld - Financial Times - October 15 -
American consumers are increasingly underwater on their car loans
Edmunds.com reported that the average amount owed on upside-down loans climbed to an all-time high of $6,458 during the third quarter.Business - CNBC - October 15 -
American consumers are increasingly underwater on their car loans
DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com.Top stories - NBC News - October 15 -
Trump pledges to impose sweeping tariffs on imported cars
Comments show former president would put increased US trade protectionism at the centre of a second-term agendaBusiness - Financial Times - October 15 -
Stellantis Car Deliveries Slump on U.S. Woes
Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.Business - The Wall Street Journal - October 16 -
Officer thought colleague hit by car in Kaba case
An officer at the fatal shooting of Chris Kaba tells a court she believed a colleague had been hit by a car.Top stories - BBC News - October 16 -
China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the EU voted to increase import duties on China-made electric vehicles.Business - The Wall Street Journal - October 17 -
Red Bull change car after discussions with FIA
Red Bull say that they have made changes to their F1 car as a result of discussions with governing body the FIA.Top stories - BBC News - October 17 -
Red Bull to change car after discussions with FIA
Red Bull say that they have made changes to their F1 car as a result of discussions with governing body the FIA.Sports - Yahoo Sports - October 17 -
Sara Sharif's injuries comparable to car crash, jury told
Sara Sharif's relatives are accused of murder after her body was found in her family's Surrey home.Top stories - BBC News - October 18