Latest in Retail Sales
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Saab Expects Sales Growth to Top Guidance
The company said it experienced a stronger-than-expected final quarter of the year, with global defence spending surging as nations support Ukraine while restocking their own arsenals.The Wall Street Journal - 15h -
British retail sales unexpectedly drop in December
Pound falls and gilts rally as investors bet on more interest rate cutsFinancial Times - 18h -
Retail investors flock to gilts in first two weeks of 2025
Platforms report surge in sales to take advantage of CGT exemptionFinancial Times - 1d -
Abercrombie sale: Everything worth buying now
At Abercrombie, you can save up to 50% off sitewide — including clearance items. We rounded up our editors’ favorite mens and womens pieces from the sale.NBC News - 1d -
EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024
DETROIT — Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the U.S. for the first time last year — marking a landmark year for “green” vehicles but coming ...NBC News - 1d -
Trading platform Dub will pay some retail investors to share portfolios through TikTok-like 'creator program'
Accepted retail investors will earn royalties and can have other users copy their model portfolio.CNBC - 1d -
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.MarketWatch - 1d -
Malaysia Retailer Eco-Shop to Tap Investors Ahead of IPO
The Malaysian discount-store retailer aims to start tapping investors early next week ahead of a planned initial public offering valuing the company at over $1 billion, people familiar with the ...The Wall Street Journal - 2d -
Retailers post early holiday results — and Wall Street isn’t impressed
Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.CNBC - 4d -
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - 4d -
Google Joins the AI Shopping Revolution With Agent Tools for Retailers
The next stage of AI development, which lets the technology act with more autonomy and performs some customer service actions, is being applied to an industry that must constantly embrace change.Inc. - 4d -
Stormers dent Sale's chances of qualification
Stormers cruise past Sale Sharks to claim a bonus-point victory and kickstart their Investec Champions Cup campaign in round three.BBC News - 6d -
Memories of rosy Christmas fade as UK retailers brace for tough 2025
Groups including Sainsbury’s, Next and M&S warn of higher prices and weaker demand as costs and inflation riseFinancial Times - Jan. 10 -
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - Jan. 10 -
We're buying more of this retail stock that's showing positive sales momentum
The company is having a nice fourth quarter, according to a note published by Truist on Friday.CNBC - Jan. 10 -
Amazon aims to expand advertising business by letting retailers use its ad tools on their stores
Amazon Retail Ad Service will allow sites to show "contextually relevant ads in the right place and at the right time" in search results, the company said.CNBC - Jan. 9 -
As Art Sales Fall, Christie’s and Sotheby’s Pivot to Luxury
With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags, classic cars and niche experiences.The New York Times - Jan. 9 -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
Eggs over potato chips: Brits are getting healthier but not happier, top retailers say
Brits are getting healthier but not happier, according to updates from three of the company’s biggest food outlets.MarketWatch - Jan. 9 -
Wall Street’s riskiest stocks are melting down as retail traders face ‘day of reckoning’
Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.MarketWatch - Jan. 9 -
Britain’s retail ‘boomer’ chains are making a comeback
Youth is wasted on the young with 160-year-old Next showing a steady cash flow despite rising costsFinancial Times - Jan. 8 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
5,471-Piece Lord Of The Rings Barad-dur Lego Set Releases At Major Retailers
The Lord of the Rings: Barad-dur Lego Set (5,471 Pieces) $460 | Save $46 with My Best Buy ...GameSpot - Jan. 6 -
Fortnite Lego Sets Launch At Major Retailers, Including Amazon And Walmart
Lego Fortnite Battle Bus (954 Pieces) ...GameSpot - Jan. 5 -
Biden plans $8bn arms sale to Israel
Last-minute show of support for US president’s close ally as he nears his final days in officeFinancial Times - Jan. 4 -
Retail investors never had so many ways to invest. What’s at stake in 2025.
New technology can make investing easier — or more complicated — for retail investors.MarketWatch - Jan. 4 -
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - Jan. 3 -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3 -
Tesla sales declined for first time in a decade
Tesla sales for 2024 declined for the first time in 10 years despite enticing financing offers and low-priced leases. CBS MoneyWarch correspondent Kelly O'Grady has more on the alarming trend. ...CBS News - Jan. 2 -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - Jan. 2 -
Pigs in blankets and fizz help boost Lidl Christmas sales
The supermarket chain said it achieved its best Christmas on record in 2024, although growth has slowed.BBC News - Jan. 2 -
Social pressure holds back sales of alcohol-free drinks, research finds
Other challenges include price and taste expectations, with Gen Zers most likely to succumbFinancial Times - Jan. 2 -
Belgium becomes first EU country to ban sale of disposable vapes
Products banned on health and environmental grounds, while Milan outlaws outdoor smoking . Belgium has become the EU first country to ban the sale of disposable vapes in an effort to stop young ...The Guardian - Jan. 1