Latest in China’s Retail
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Retail sales rose 0.4% in September, better than expected; jobless claims dip
Consumer spending held up in September, underscoring a resilient economy.Business - CNBC - October 17 -
Treasury yields jump after better-than-expected retail sales, drop in jobless claims
U.S. Treasury yields were higher on Thursday as investors parsed the latest economic data.Business - CNBC - October 17 -
Tokyo Metro rises 45% on debut in Japan’s biggest IPO since 2018
Underground railway network has raised $2.3bn in heavily oversubscribed listingWorld - Financial Times - October 23 -
3M’s stock turns red as profit beat, but retail customers are still holding back
The maker of Post-it Notes saw it’s stock surge to a multi-year high, then pull a sharp U-turn into the red, even as earnings beat expectations.Business - MarketWatch - October 22 -
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These 5 Data Points Can Help Retailers Keep Pace With Shifting Consumer Demands
A consulting firm’s survey finds shoppers expect online and in-store price consistency, increased product availability in shops, and fast and free delivery.Business - Inc. - October 25 -
Boot Barn stock slides after CEO departure announcement, but Western-wear retailer’s forecast is more upbeat
Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.Business - MarketWatch - October 29 -
How Walmart’s Early Launch Date Resets Retail’s Black Friday Sales Pace
The retail giant is getting a head start on holiday sales, with year-end promotions starting November 11.Business - Inc. - October 29 -
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 - October 30 -
Chinese online retailer Temu faces European Union investigation into rogue traders and illegal goods
Chinese online retailer Temu is facing a European Union investigation over suspicions it’s failing to prevent the sale of illegal productsTech - ABC News - October 31 -
Ahead of Proposition 36 vote, state data show California is not tracking retail theft suspects after arrests
No one — not the Governor's Office, the CHP task force, nor the attorney general — can tell us how many of the people arrested by California's Organized Retail Crime Task Force were sentenced, let ...Top stories - CBS News - October 31 -
Amazon, Walmart and Aldi compete to offer supercheap Thanksgiving meals — while other retailers wait in the wings
Good news for Thanksgiving shoppers: Your holiday meal could be cheaper than it was last year.Business - MarketWatch - October 31 -
Colm McLoughlin, Irishman who led Dubai Duty Free to become an airport retail giant, dies at age 81
Colm McLoughlin, an Irishman who landed in the deserts of the United Arab Emirates and helped lead Dubai Duty Free into becoming an airport retail behemoth generating billions of dollars a year, ...World - ABC News - November 1 -
Many retailers offer 'returnless refunds.' Just don't expect them to talk much about it
It’s one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items tooTech - ABC News - November 4 -
Dollar Tree’s CEO steps down. An analyst says the move comes at a ‘difficult time.’
Dollar Tree Inc. on Monday said that Rick Dreiling has stepped down as chief executive of the discount retailer due to health reasons.Business - MarketWatch - November 5 -
Trump's tariffs could trigger 'dramatic' price spikes on clothes, furniture, warns retail group
Vice President Kamala Harris has campaigned against Donald Trump's tariff proposals, calling them a sales tax on American consumers.Business - CNBC - November 5 -
Retail Group Sees $78 Billion Spending Hit From Trump Tariff Plan
A National Retail Federation predicts a huge loss in consumer spending power under Trump, who also threatened Mexico and China with further tariffs over fentanyl flows to the U.S.Business - Inc. - November 5 -
PS5 Pro Disc Drive Is Sold Out At Most Retailers, But Walmart Has It (For Now)
PS5 Pro Disc Drive ...Tech - GameSpot - November 5 -
Trump vow on new trade war sends shockwaves through supply chain, importers scramble to move up orders
President Trump's aggressive threats about new tariffs on imports are resulting in a scramble among shippers to get cargo into the U.S. sooner than planned.Business - CNBC - November 7 -
E.l.f. shares soar as cosmetics retailer raises guidance after posting 40% sales gain
E.l.f. Beauty raised its full year guidance after posting a 40% jump in sales.Business - CNBC - November 6 -
Why it’s good for the stock market that retail investors didn’t chase the post-election rally
Analysts at Vanda Research, who track retail stock-market activity, found buying relatively muted compared to the gains in the stock market.Business - MarketWatch - 6 days ago -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - 6 days ago -
Wall Street is bullish on one portfolio retail stock while raising concerns about another
We're talking about Home Depot and Best Buy.Business - CNBC - 6 days ago -
Painting the town pink and green: 'Wicked' takes over retail ahead of theatrical debut
Universal's "Wicked" is drumming up buzz ahead of its Nov. 22 release with hundreds of merchandise offerings from dozens of retail partners.Business - CNBC - 3 days ago -
Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact’
Home Depot Inc.’s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.Business - MarketWatch - Yesterday -
Off-price retailers could thrive, BofA says, citing this bullish data point
BofA analysts reiterated buy ratings on Burlington Stores Inc., Ross Stores Inc. and TJX Cos. Thursday, ahead of the discount retailers’ coming third-quarter earnings, and said they expect all ...Business - MarketWatch - 3 hours ago -
China delimits contested South China Sea shoal in dispute with Philippines
China has published baselines for a contested shoal in the South China Sea it had seized from the Philippines, a move that’s likely to increase tensions over overlapping territorial claimsWorld - ABC News - 4 days ago -
China’s investors are counting on fiscal stimulus
Recent market rally will peter out without decisive policy action to boost the economyWorld - Financial Times - October 16 -
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 -
China asks: what is an e-bike?
State bureaucracy makes the question more difficult than it may seemWorld - Financial Times - October 22 -
Xi tightens stranglehold on China’s academia
Scholars fired or disappeared as Beijing clamps down on discussion of sensitive topics including economyWorld - Financial Times - October 23 -
Why It’s Getting Harder to Fly to China
European carriers are enduring higher costs because they have to avoid Russian airspace, while a sluggish economy and geopolitical tensions are hurting business travel to China.Business - The New York Times - October 25
