Latest in February Retail
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Lloyds apologises for sending customer other retail investors’ statements
UK bank blamed ‘human error’ for data breach after it sent a client documents prepared for quarterly updateFinancial Times - 9h -
Positive Job Numbers in February Don’t Erase Worries About the Economy
Official data showed businesses added 151,000 new jobs last month, outpacing January but unlikely to allay rising fears of slowing growth.Inc. - Mar. 7 -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for cental bank to cut interest rates amid signs of slowing economic growthFinancial Times - 5d -
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🏆 PL reveal February's Player, Manager, Goal and Save of the Month
Kepa Arrizabalaga has won the Premier League's Save of the Month for February.The Bournemouth goalkeeper produced lightning reflexes to keep out Jean-Ricner Bellegarde's follow-up effort after Néls...Yahoo Sports - 4d -
Mubama named February’s Premier League 2 Player of the Month
Elite Development Squad striker Divin Mubama has been named the Premier League 2 Player of the Month after his fantastic performances in February.The 20-year-old, who joined the Club from West Ham ...Yahoo Sports - 3d -
Olise is your FC Bayern Player of the Month for February 2025
When Vincent Kompany was recently asked about Michael Olise in his pre-match press conference ahead of the Champions League game at Leverkusen, he had nothing but praise for the attacking ...Yahoo Sports - 1d -
John Lewis profits jump but no staff bonus again
The retailer will not pay out a staff bonus for the third year in a row.BBC News - 5d -
Tesco to raise wages by 5% but scrap Sunday bonus
The supermarket chain follows other major retailers in raising payBBC News - 21h -
Retailers risk multibillion-pound bill as UK equal pay claims gain momentum
Decades after a key campaign by women at Ford’s Dagenham plant, recent rulings have been going against employersFinancial Times - Mar. 11 -
3 Ways AI Can Create More Tailored Marketing Strategies for Retail Brands
Personalized marketing at scale used to be impossible. With AI, it’s become a reality.Inc. - Mar. 11 -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - Mar. 11 -
Kohl’s stock tumbles on weak outlook as sales slide. Retailer is taking action, CEO says.
Kohl’s has “identified key areas of focus,” CEO Ashley Buchanan said.MarketWatch - 6d -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - 6d -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - 6d -
U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
The U.S. debt and deficit problem worsened during President Donald Trump's first month in office.CNBC - 5d -
Kevin Durant trade rumors: Suns want three first-round picks, young player in return, per report
Durant was reportedly upset that the Suns included him in trade talks in FebruaryCBS Sports - Mar. 10 -
Celtics-Lakers draws 4.6M viewers, largest NBA audience for non-Christmas regular-season game in seven years
The previous high for a non-Christmas Day game was Celtics-Cavaliers in February 2018.Yahoo Sports - 6d -
Mercury to retire Diana Taurasi's No. 3 jersey, induct her into Ring of Honor during 2026 WNBA season
Taurasi, the WNBA's all-time leading scorer, announced her retirement in FebruaryCBS Sports - 4d -
Why this week's positive inflation reports won't look as good to the Fed
On the surface, February's inflation data released this week brought some encouraging news.CNBC - 4d -
Inflation and tariffs might scare shoppers. Have they scared CEOs?
Executives are talking a lot about tariffs, but little about a recession. Adobe, Oracle and more retailers report during the week.MarketWatch - Mar. 9 -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - Mar. 10 -
Why Kohl’s worst stock drop on record may have been excessive
New Kohl’s CEO Ashley Buchanan has a “meaningful” opportunity to drive improvements at the retailer, says analyst firm Jefferies.MarketWatch - 6d -
Chinese authorities summon Walmart executives over Trump’s tariffs
Move comes after reports that retailer asked its suppliers to cut prices in response to US leviesFinancial Times - 5d -
Trump’s tariff fight may be making this early recession signal go haywire
Bonds issued by retailers with “junk” credit ratings have been hit by selling as consumer confidence falls, but the selloff isn’t widespreadMarketWatch - 5d -
Poland charges Belarusian with sabotage on behalf of Russia
Prosecutors accuse suspect of trying to burn down a large retail store in Warsaw last yearFinancial Times - 5d -
The drugstore industry is struggling. Here’s what could be in its future.
Nearly a third of the U.S. retail pharmacies that were open from 2010 to 2020 had shuttered by 2021, study finds.MarketWatch - 4d -
‘Zero conversations’ about London IPO valuation, says Shein boss
Donald Tang says management of fast-fashion retailer has yet to discuss price tag ahead of long-planned flotationFinancial Times - 4d -
The S&P 500 correction shows why risk tolerance matters. These strategies can get investors back on track.
The sudden nature of the stock market’s reversal may have made the drawdown feel even worse, especially for retail investors.MarketWatch - 3d -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.CNBC - 3d -
Mar 17: CBS News 24/7, 4pm ET
Major retailers warn Americans are pulling back on spending; Severe weather hits the SouthCBS News - 15h -
Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.The New York Times - Mar. 7 -
‘You want to become billionaires? List on NSE,’ says Ashish Chauhan, CEO of India’s National Stock Exchange
NSE's Chauhan says that retail and foreign institutional investors will look toward Indian stocks now that valuations are "back to near their 10-year average."CNBC - 5d -
Dollar General says some customers can no longer afford staples
Dollar General's core customer base of low-income Americans are still getting hit by inflation, with retailer seeing little improvement ahead.CBS News - 4d -
Wine Businesses Fear Disaster in Threat of Huge Tariffs
President Trump’s threat to impose 200 percent fees on European wines could harm importers, distributors, retailers and restaurants without necessarily helping U.S. producers.The New York Times - 3d -
Forever 21 Operator Files for Bankruptcy
The company, which helped popularize fast fashion in the United States, has struggled to compete with online retailers. It is the company’s second bankruptcy filing in six years.The New York Times - 1d -
Forever 21 set to shut down its U.S. operations as it files for bankruptcy
Forever 21, once a leader in youth fashion retail, is set to permanently close all its U.S. stores as it files for bankruptcy for a second time.NBC News - 1d -
Despite Rising Inflation, Restaurants Are Having a Big Winter
January and February are usually the doldrums for dining, but Americans have been eating out, and spending, with gusto.The New York Times - Mar. 8 -
Tribes and Students Sue Trump Administration Over Firings at Native Schools
More than one quarter of the staff members at the only two federally run colleges for Native students were cut in February.The New York Times - Mar. 9 -
Democrats ask judge to block Trump order giving him more control over FEC
In February, Mr. Trump signed an executive order to curtail the authority of independent regulatory agencies.CBS News - 6d