Latest in Retail’s Multibillion Dollar
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Last-Minute Bargain Hunters Raised Holiday Retail Sales Over 2023
Mastercard found online retail spending during the holiday grew by 6.7 percent over last year.Inc. - 18h -
As Retailers Offered Holiday Discounts, Shoppers Showed Up
Total spending from Nov. 1 through Dec. 24 rose 3.8 percent, data released by Mastercard SpendingPulse showed.The New York Times - 1d -
Nvidia sees 'remarkable' influx of retail investor dollars as traders flock to AI darling
Everyday traders bought nearly $30 billion of Nvidia shares on net this year, Vanda data shows.CNBC - 2d -
What is gold's relationship to the U.S. dollar?
The dollar doesn't have an official relationship with gold, but it's one of many factors influencing the price.CBS News - 17h -
Retailers, chains that announced closures in 2024
It was another tough year for restaurants and traditional brick-and-mortar retailers. Several national chains announced closures and bankruptcies in 2024 – not to mention the local small businesses ...The Hill - 1d -
What to know about this year's post-holiday sales as retailers brace for returns
Millions of Americans are expected to do online shopping during their off time between Christmas and New Year's Day and in stores, several clearance products will be hitting shelves. Jordyn Holman, ...CBS News - 1d -
US retail’s multibillion-dollar returns problem
Processing the increasing mountain of unwanted, used or damaged goods is hitting profitsFinancial Times - 1d -
Boom in US retail real estate defies prediction of ecommerce apocalypse
Availability of outdoor shopping centre space is at its lowest in nearly two decadesFinancial Times - 2d -
Nvidia sees ‘remarkable’ influx of retail investor dollars as traders flock to AI darling
Nvidia is on pace to dethrone Tesla, the retail investor favorite that earned the most-bought title last year.NBC News - 2d -
How e-commerce is disrupting traditional seasonal work in retail
Online shopping sales reached a record $41.1 billion this holiday season. The shift to e-commerce has continued to transform the seasonal work landscape.CNBC - 3d -
Will Trump’s tariff threats protect the dollar’s dominance?
Brics nations’ plan to create rival to greenback is bound to fail even without president-elect’s measures. In 2023, the leaders of Brazil and the other Brics countries at the time – China, India, ...The Guardian - 3d -
Small retail investors hold about 9.5% of bitcoin. Here’s why that doesn’t tell the full story.
Here’s your comprehensive road map for tracking the footprint of retail investors across bitcoin’s $2 trillion market cap.MarketWatch - 3d -
Stock market will find it hard to rally unless the dollar and bonds calm down
Stocks rose to kick off a holiday-shortened week on Monday, but the bond market and the U.S. dollar will likely need to cooperate for the equities rally to resume in smooth fashion.MarketWatch - 3d -
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El ...NBC News - 4d -
Nordstrom Family Reaches $4 Billion Deal to Take Retailer Private
The department-store chain agreed to be acquired by members of the founding family and Mexican retailer El Puerto de Liverpool.The Wall Street Journal - 4d
