Latest in Weak China Retail
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U.S. oil prices drop nearly 1% on weak Chinese retail-sales data
Oil prices were falling on Monday morning as traders assessed a batch of economic data in China that showed retail-sales growth unexpectedly weakened in November. Still, traders remained cautious ...MarketWatch - 21m -
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 - 5h -
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 - 7h -
Australia lowers tax revenue forecast on weak Chinese economy
Treasury cuts $5.4bn from budget estimates over next four years, citing ‘significant impact’ of softer commodities demandFinancial Times - 10h -
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 - 1d -
Power Rankings: Despite weak schedule, don't underestimate unbeaten LSU
The top three remain the same, Texas drops five spots and LSU and Maryland are on the rise.ESPN - 3d -
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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 - 3d -
HSBC reviews retail banking outside UK and Hong Kong
Bank could scale back in countries including Mexico as it seeks further cost cutsFinancial Times - 3d -
What propelled the Nasdaq above 20,000 — plus, a few weak spots in the stock market
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 4d -
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Jim Cramer suggests Oracle can be bought on weakness and C3.ai sold into strength
CNBC's Jim Cramer on Tuesday compared Oracle and C3.ai, enterprise software companies in the spotlight as Wall Street continues to flock to AI-related stocks.CNBC - 5d -
Nvidia Faces Antitrust Investigation in China
The move by Chinese regulators came a week after the Biden administration expanded curbs on the sale of advanced U.S. technology to China.The New York Times - 6d -
AMD’s stock has had a weak year. Why BofA sees fresh caution for 2025 as well.
A BofA analyst downgraded AMD’s stock, warning of limitations on the company’s ability to pick up share in an AI market dominated by Nvidia.MarketWatch - 6d -
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 - 6d -
China launches antitrust probe into Nvidia
Move comes as tensions deepen between Washington and Beijing over development of AIFinancial Times - Dec. 9 -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
Syria’s rebels had strengths, but it was his regime’s weakness that undid Assad | Jason Burke
Corruption and incompetence in the army and successful outreach by the rebels left the troops with little to fight for. Middle East crisis – live updates When the rebels finally reached Bashar ...The Guardian - 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 -
China Forex Reserves Climbed in November
China’s foreign-exchange reserves unexpectedly edged up in November, despite a weaker Chinese yuan against the U.S. dollar amid tariff threats from the impending second Trump administration.The Wall Street Journal - 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 -
Collapse of France’s Government Further Burdens Its Weak Economy
Already struggling with flat growth and a large debt and deficit, the country faces a new period of instability without a functioning government or a budget.The New York Times - 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 -
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 -
Shares of American Eagle plunge 13% as company issues weak holiday guidance
American Eagle issued weak holiday guidance after reporting its third sales miss in a row.CNBC - 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 -
'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 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
Stephen A. Smith slams Biden for 'weak, pathetic explanation' of Hunter pardon
Sports commentator Stephen A. Smith criticized President Biden for the way he explained his decision to pardon his son Hunter Biden's gun and tax charges. While Smith seemed to understand why ...The Hill - 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 -
Top U.N. Envoy Says Gaza War Followed Years of Weak Diplomacy
World leaders failed to focus on a permanent solution to the Israeli-Palestinian conflict and risk making the same mistake again, the departing United Nations’ envoy in the region says.The New York Times - Dec. 3 -
Kittle identifies 49ers' two biggest weaknesses this season
49ers tight end George Kittle revealed San Francisco's two biggest weaknesses during the team's rocky 2024 NFL season.Yahoo Sports - Dec. 2
