Latest in Squeezed Retailers
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British retail sales rebound falls short of expectations
Supermarkets performed well in November but clothing stores had tough monthFinancial Times - 21h -
Nike CEO Elliott Hill outlines new strategy after retailer blames promotions for declining revenue and profit
Nike beat Wall Street's expectations on the top and bottom lines under new CEO Elliott Hill.CNBC - 1d -
Seeing Low-Income Consumers Squeezed, Retailers Target $10 and Under Gifts
Inflation is still putting pressure on holiday budgets, which means more items with lower price points on shelves.Inc. - 1d -
Despite APRs that can top 30%, some shoppers still like retail credit cards over buy now, pay later plans
Some shoppers prefer retail store credit cards over buy now, pay later loans. Either way, here's what you need to consider.CNBC - 1d -
From trees to decorative chickens, holiday decor could boost retailers as shoppers pull back on gifts
For the holiday season, the front lawn of the Milam family’s house in Dallas has transformed into a mini golf winter wonderland.NBC News - 2d -
Increased November Retail Sales Fuel Hopes for Year-End Spending Boom
Better than expected business at U.S. stores raise hopes of even stronger holiday season buying results—ahead of a potential pullback after Trump’s tariffs are applied in 2025.Inc. - 2d -
From trees to decorative chickens, holiday decor could boost retailers as shoppers pull back on gifts
Retailers are trying to capitalize on customers going big on decorating, especially as discretionary spending is still under pressure.CNBC - 2d -
The retailers living in fear of violent shoplifters
One retailer in Edinburgh's plush Morningside district was knocked to the floor and throttled by a thiefBBC News - 2d -
Treasury yields hold steady after November retail sales, industrial production
Treasury yields finished little changed on Tuesday after stronger-than-expected retail sales for November and an unexpected decline in industrial production last month.MarketWatch - 3d -
Retail sales jump on strong auto and internet buying. Economy in good shape for holiday season.
There’s no quit in American shoppers. Retail sales rose faster than expected at the start of the holiday shopping season in November and pointed to steady growth in the U.S. economy.MarketWatch - 3d -
India’s Sebi signals extension of algo trading to retail investors
Also in this newsletter: a massive spam call problem and Sajjan Jindal’s mantraFinancial Times - 4d -
China's November retail sales miss expectations as real estate slump deepens
The latest economic data out of China underscores lingering doubts about consumer spending.CNBC - 4d -
Weak China retail sales add to pressure on Beijing to lift economy
Consumption rises less than forecast in November, highlighting why leadership made it the top economic concernFinancial Times - 4d -
UK retailers accused of recruiting young shop workers without rights over Christmas
Lush and Gymshark among chains using apps promoted by TikTok influencers to take on gig economy assistants lacking basic protections, say unions. Unions have accused high-street retailers of ...The Guardian - 5d -
Here are the retailers shuttering thousands of stores in 2024
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.CBS News - Dec. 12 -
HSBC reviews retail banking outside UK and Hong Kong
Bank could scale back in countries including Mexico as it seeks further cost cutsFinancial Times - Dec. 12 -
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Macy’s shareholders clamor for retailer to squeeze value from its real estate, among other changes
Two investors launched a campaign Monday seeking changes at Macy’s that would boost profitability and returns.MarketWatch - Dec. 9 -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
The Big Ten and SEC are set to gobble up CFP bids. That could squeeze the ACC and other leagues
The Big Ten and Southeastern conferences are set to gobble up the majority of the bids to the newly expanded 12-team College Football PlayoffABC News - Dec. 6 -
The stock market’s ‘fear gauge’ is trading at lows. Why retail investors should take note.
The Cboe Volatility Index hasn’t been this low in months.MarketWatch - 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 -
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 -
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 -
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 -
'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 -
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 -
Incoming House majority squeezed by Trump's planned appointments
President-elect Donald Trump's selection of a number of House Republicans to fill top posts in his administration is pulling from an already shallow bench.CBS News - Dec. 2
