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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 -
Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels
Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.Business - Inc. - October 23 -
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.Business - CNBC - October 24 -
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday.Top stories - NBC News - October 24 -
Prop 36 supporters say it will combat California's retail theft. Here's what to know.
CBS News California examined retail theft rates in California and whether the high-profile Proposition 36 would help combat those crimes.Top stories - CBS News - October 24 -
BNP Paribas Investment Bank Growth Offsets Retail Weakness
BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.Business - The Wall Street Journal - 6 days ago -
‘DJT’ stock has seen ‘aggressive’ selling by retail investors leading into election
During Donald Trump’s 2024 campaign for president, investors have used shares of Trump Media & Technology Group Corp. as a way to bet on the outcome of the election. But with just a few days to go ...Business - MarketWatch - 5 days ago -
Amazon’s cloud growth takes a backseat as this retail reality shines through
Often cloud growth drives Amazon’s stock movements after earnings, but this time analysts are keying in on overall profit as well as retail momentum for nondiscretionary purchases.Business - MarketWatch - 4 days ago -
4 retail stocks that look good even if the holiday shopping season is soft
Wall Street research firm Telsey Advisory Group is upbeat on Costco, Amazon, Best Buy and TJX Companies.Business - CNBC - 3 days ago -
Retailers brace for DEI blowback in lead-up to election, holiday shopping season
Some companies are concerned about attending public DEI events while others are strategizing on how to avoid criticism over their policies and programs.Business - CNBC - Yesterday -
PS5 Pro Preorders - Release-Day Delivery Still Available At Select Retailers
PS5 Pro $699 | Releases November ...Tech - GameSpot - Yesterday -
Dune: Part Two Gets Walmart-Exclusive Steelbook Edition - Preorder For $30 Before It Sells Out
Dune: Part Two Limited-Edition Steelbook (4K Blu-ray) ...Tech - GameSpot - October 15 -
With 5 Short Words, the CEO of Walmart U.S. Just Taught a Brilliant Leadership Lesson
Finish this sentence: “The purpose of my company is …”Business - Inc. - October 19 -
19-year-old Walmart employee found dead in store walk-in oven in Canada
Police are investigating the death of a 19-year-old Walmart employee who was found dead in the store’s walk-in oven on Saturday in Canada.Top stories - NBC News - October 23 -
19-year-old employee was found dead in Walmart walk-in oven by her mother
The 19-year-old Walmart employee who was found dead in the store’s walk-in oven in Canada was discovered by her mother, who also worked there, according to a community fundraiser for the family.Top stories - NBC News - October 24 -
After Indian immigrant employee found dead in Walmart oven, Sikh community supports family
The Sikh community in Halifax, Canada is rallying around a 19-year-old Walmart employee who was found dead on Saturday in the store’s walk-in bakery oven.Top stories - NBC News - October 24 -
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With 10 Short Words, the CEO of Walmart U.S. Just Taught a Brilliant Leadership Lesson
I can imagine the anxiety and uncertainty could be distracting!Business - Inc. - 2 days ago -
Holiday sales growth could slow to pre-pandemic levels, retail group says
U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it added that sales growth is likely to slow as consumers continue to grapple with ...Business - MarketWatch - October 16 -
Holiday shopping season: An early look at how retail stores and e-commerce are getting ready for the rush
The supply chain looks stable into holiday shopping season, according to a top DHL executive, but a few big changes are coming to e-commerce delivery schedules.Business - CNBC - October 16 -
Retail investors are trading stocks like the pros — so brokers are giving them the tools they want
As retail investors get more sophisticated, Robinhood has tried to, as well.Business - MarketWatch - October 18 -
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 -
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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. - October 25
