Latest in Hit Retailers Higher
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This $4 Billion Mall Deal Could Hit Retailers With Higher Rents
The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.Business - Inc. - 4 days ago -
Vodacom Group Earnings Hit by Higher Costs
The mobile phone operator, majority-owned by Vodafone, reported a fall in net profit for the first half of the year as it booked a number of costs in its accounts.Business - The Wall Street Journal - Yesterday -
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 -
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 -
The ultimate guide to negotiating a higher salary
CNBC Make It's online course will help you ask for a raise in your current job or negotiate a bigger paycheck in a new one.Business - CNBC - October 15 -
Roche Increases Dividend on Higher Sales
Roche said it would increase its dividend after its hemophilia injection Hemlibra and multiple sclerosis treatment Ocrevus lifted sales in the first nine months of the year.Business - The Wall Street Journal - October 23 -
10-year Treasury yield ends at three-month high on expectations for potential sweep by Republicans
Yields on U.S. government debt finished at their highest levels since July and August on Monday, as traders looked ahead toward a week of data on economic growth, inflation and the labor market.Business - MarketWatch - October 28 -
Higher for longer no matter who’s in charge
The reasons we aren’t going back to a cheap money environment are structuralWorld - Financial Times - November 4 -
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 -
Retailers Stock Supersize TVs Ahead of Holiday Season
In Q4, giant TV sales see a marked holiday boom.Business - Inc. - November 4 -
Retailers Turn to Weather Strategies as Climate Changes
Major chains now factor weather conditions into promotional strategies, inventory decisions, and advertising campaigns.Business - Inc. - November 4 -
Retailers Jump at the Chance to Invest in Fifth Avenue
IKEA and Uniqlo join luxury fashion houses in owning, rather than leasing, huge retail spaces on the strip. Developers are cashing in.Top stories - The New York Times - November 5 -
‘Wicked’ takes over retail ahead of theatrical debut
“Barbie” painted the town pink in 2023, and now “Wicked” is upping the ante by adding a splash of green.Top stories - NBC News - 3 days ago -
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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 -
ABB Posts Higher Profit, Raises Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.Business - The Wall Street Journal - October 17 -
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Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Business - The Wall Street Journal - October 22 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - October 24 -
Working people will pay the price of higher taxes for employers
Increasing the burden on companies may not affect workers’ payslips today, but it won’t be longWorld - Financial Times - October 30 -
Jobless claims inch higher in latest week
Claims tick up 3,000 to 221,000 after three weeks of declinesBusiness - MarketWatch - 5 days ago -
Pending home sales took an unexpected leap higher last month, but rates have climbed back up
The average rate on the 30-year fixed mortgage was coming down all through August and touched its most recent low of 6.11% on Sept. 11.Business - CNBC - October 30 -
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