Latest in Retail Sales Miss
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Guardian Confirms Sale of The Observer to Tortoise Media
The Guardian Media Group said it had struck a deal to sell The Observer to Tortoise Media, shortly after a 48-hour strike by journalists ended.The New York Times - Dec. 6 -
Observer newspaper sale to Tortoise Media approved
The Scott Trust and Guardian Media Group agreed the sale on Friday, despite pushback from staff.BBC News - Dec. 6 -
Sale of the Observer to Tortoise Media agreed in principle
Scott Trust will become a key shareholder and take a seat on both the editorial and commercial boards of the company. The sale of the Observer, the world’s oldest Sunday newspaper, to Tortoise ...The Guardian - Dec. 6 -
GameStop Jumps After Cryptic Post From ‘Roaring Kitty’ Boosts Retail Hype
GameStop’s stock is up around 76 percent so far this year.Inc. - Dec. 5 -
Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears
The retailer hiked its full-year outlook slightly to reflect the better-than-expected results.CNBC - Dec. 6 -
Missing: a clear direction for Starmer
Labour’s obsession with winning the next election is distorting governmentFinancial Times - Dec. 5 -
Dollar General posts sales beat despite protracted consumer restraint
Dollar General Corp.’s stock was unable to hold its early gains Thursday after the discount retailer’s fiscal third-quarter earnings showed a sales beat but a profit miss, as hurricanes disrupted ...MarketWatch - Dec. 5 -
China sanctions US defense firms over Taiwan arms sales
China on Thursday sanctioned 13 U.S. defense firms over arms sales to the self-governing island nation of Taiwan. The companies targeted by China are smaller defense tech firms that have worked on ...The Hill - Dec. 5 -
Signet Jewelers’ stock drops as it faces competition from lab diamonds and misses Wall Street’s profit and sales estimates
Retailer warns its revenue may fall short of expectations in the coming quarter.MarketWatch - Dec. 5 -
Southwest and American airlines raise sales outlooks, shares jump
Southwest and American airlines forecast stronger-than-expected revenue for the fourth quarter.CNBC - Dec. 5 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
While institutions own 33% of Playtech plc (LON:PTEC), retail investors are its largest shareholders with 48% ownership
Key Insights Playtech's significant retail investors ownership suggests that the key decisions are influenced by...Yahoo Sports - Dec. 5 -
Guardian Journalists Strike Over Planned Sale of The Observer
Workers have begun a 48-hour walkout, the first in 50 years for the outlet, over a proposal to sell The Observer to Tortoise Media, a digital media start-up.The New York Times - Dec. 5 -
Neoen Agrees to Australian Asset Sale to Smooth Brookfield Takeover
Real-estate investor HMC Capital will pay Neoen about US$616 million for some of its Australian generation and storage assets.The Wall Street Journal - Dec. 4 -
Costco’s November online sales hit by timing of holiday deals
Costco Wholesale Corp. on Wednesday reported November sales growth that slowed from the prior month, as lower gas prices weighed on consumers and e-commerce sales took a hit due to a shift in the ...MarketWatch - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
The Legend Of Zelda Metal Puzzles Restocked At Amazon - Still On Sale For Only $15
Zelda: Hyrule Crest Metal Puzzle $15 (was ...GameSpot - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Hormel’s stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.MarketWatch - Dec. 4 -
Justin Welby to miss Christmas services before quitting
The leader of the Church of England announced in November that he would resign over the Church's handling of an abuse scandal.BBC News - Dec. 4 -
Why Foot Locker’s stock is sliding despite upbeat Thanksgiving-week sales
The company is dealing with “softer consumer demand outside of key selling periods,” as well as the need for more promotions.MarketWatch - Dec. 4 -
Dollar Tree CFO Departs; Raises Full-Year Sales View
Dollar Tree is parting ways with its top finance executive a month after its CEO stepped down. The discount retailer has also raised its full-year sales guidance in light of strong third-quarter ...The Wall Street Journal - Dec. 4 -
Guardian and Observer journalists go on strike over sale of Sunday paper
Their first strike in more than 50 years concerns the proposed sale of the Sunday title to Tortoise.BBC News - Dec. 4 -
Two arrested in missing father and son case
Police launched a murder inquiry after Daniel Poole and his son Liam went missing in Spain in 2019.BBC News - Dec. 4 -
'Squid Game' tracksuits, sneakers and whisky: Behind Netflix's latest retail pitch
Netflix has been ramping up its efforts in retail, with plans to open two physical stores. It's also partnering with many brands to sell merchandise based on its shows and movies.Los Angeles Times - Dec. 4 -
Fewer shoppers turned out for Thanksgiving-weekend deals, retail group says. Here’s why.
The five-day period between Thanksgiving and Cyber Monday saw fewer shoppers than a year ago, a major retail-industry group said Tuesday, due in part to the later timing of the holiday this year ...MarketWatch - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
EU to crack down on Asian online retailers Temu and Shein
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checksFinancial Times - Dec. 4 -
Official Moana 2 Art Book Is Already On Sale For A Great Discount
The Art of Moana 2 $35.39 (was ...GameSpot - Dec. 3 -
Journalists strike over proposed sale of Observer to Tortoise Media
Forty-eight-hour strike, first at Guardian in more than 50 years, to take place on Wednesday and Thursday. Journalists at the Guardian and the Observer are holding a 48-hour strike in protest at ...The Guardian - Dec. 4 -
Missing grandmother believed to have fallen into sinkhole: Police
A Pennsylvania grandmother who went missing while looking for her cat is believed to have fallen into a deep sinkhole, authorities said. A search and rescue mission is currently underway in Unity ...Yahoo Sports - Dec. 3 -
Scotland's golden generation miss their golden hour
This Scotland squad often talk about what they deserve. But yet again they have not earned what they think they are due.BBC News - Dec. 3 -
Modelo brewer Constellation Brands' sale of Svedka vodka is a positive move for the stock
Wine and spirits have been a consistent drag on the brewer's earnings.CNBC - Dec. 3 -
The most expensive US property for sale is a mere $295m – and likely to flood
The sprawling Florida mansion sits in one of the most vulnerable places in the US to climate-driven disasters. A sprawling Florida mansion set beside a powdery white sand beach overlooking the ...The Guardian - Dec. 3 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3 -
Moscow approves sale of Carlsberg’s Russian assets for $322mn
Danish brewer had previously accused the Kremlin of ‘stealing’ the businessFinancial Times - Dec. 3 -
Flyers Missed Out On Star Target For Big Reason
There was a notable reason why the Flyers missed out on this trade target.Yahoo Sports - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
Best Kindle Cyber Monday Deals and Amazon Device Sales (2024)
Cyber Monday is almost over—grab the brand-new Kindle lineup and many other Amazon products, from Eero routers to Ring cameras, before time runs out.Wired - Dec. 2
