Latest in Offsets 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 -
Walmart and Aldi are trying to one-up each other with supercheap Thanksgiving meals — and other retailers are waiting in the wings
Good news for Thanksgiving shoppers: Your holiday meal could be cheaper than it was last year.Business - MarketWatch - October 24 -
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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. - 6 days ago -
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 - 2 days ago -
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. - 2 days ago -
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 - 20 hours ago -
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 - 3 hours ago -
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 - 1 hour ago