- Top tips to save on school supplies as back-to-school shopping takes a bigger bite of the budget this year.
- Warby Parker on Thursday joined the slew of retailers that have cut their financial forecasts for the year.
- Food costs climbed 1.1% in July, bringing the year-over-year gain to 10.9%, according to the latest Consumer Price Index figures.
- Deliveroo reported a pretax loss of £147.3 million in the first six months of the year, up 54% from the same period a year ago.
- Sweetgreen said it will lay off 5% of its workforce and downsize to a smaller office building to lower its operating expenses.
- The Investing Club talks oil stocks, the chip sector and updates on several Club holdings.
- Three names come to mind when looking at Amazon's M&A strategy, DA Davidson's Tom Forte said.
- Signet Jewelers said Tuesday that it will acquire online jewelry retailer Blue Nile for $360 million in an all-cash deal.
- Investors should steer clear of shares of Bed Bath & Beyond, especially after Monday's meme-driven frenzy, according to Baird
- Allbirds announced cost-cutting efforts as the sustainable shoe maker reported wider loss compared with a year earlier.
- Bed Bath & Beyond and AMC Entertainment surged Monday as meme traders seemed to be betting on the stock despite the lack of any apparent catalyst for the move.
- Big box retailers bet wrong on inventory and big markdowns followed as inflation and Covid changed consumer spending patterns. Main Street can do better.
- After making it through the busiest three weeks of earnings season, we're taking a step back and making sense of some of the common themes.
- The retailer had made an aggressive push into exclusive brands and touted them as a linchpin of its turnaround strategy.
- Labor unions have formed at more than 200 Starbucks, an Apple store, Google and elsewhere. Here's how it happened and why it's unusual in retail and tech.
- The average cost of a pint of beer in the U.K. has soared by 70% since 2008 — well ahead of inflation.
- Beyond Meat on Thursday lowered its revenue forecast for 2022 and announced it will trim its workforce by 4%, citing broader economic uncertainty.
- More customers at Burger King and its sister brands are redeeming coupons and loyalty program rewards as inflation pushes menu prices higher.
- Because of the Covid pandemic, 2020 was an epoch-changing year. Much like the 9/11 terrorist attacks in 2001, the full effects won't be understood for years.
- Growing inflationary pressures on Kohl's and its core consumer could spell trouble for the retailer in the near future, Cowen says.
- Baird is losing confidence in Under Armour's ability to weather the current economic backdrop and successfully execute its plans to transform the brand
- Restaurant Brands International's global same-store sales increased 9% in the quarter, fueled by the performance of Tim Hortons and Burger King.
- In the quarter, Alibaba faced a number of headwinds including a resurgence of Covid and lockdowns that led to a sluggish Chinese economy.
- The outlook is murky for Levi Strauss going forward, according to Morgan Stanley.
- The layoffs come about a week after the company slashed its profit outlook and warned that consumers had pulled back on discretionary spending due to inflation.
- The economy has shifted so abruptly in 2022 that most of the big employment trends from the Covid era have reversed, creating major challenges for employers.
- Grammy award-winning rapper Macklemore is taking his newly-found passion for golf and building his own golf apparel company, Bogey Boys.
- Other companies, including Walgreens, Walmart and Amazon, are opening or investing in doctor offices.
- High inflation and lingering supply chain issues are making back-to-school supplies more expensive for families. Here are some tips on how best to save.
- Under Armour on Wednesday cut its profit forecast for the fiscal year 2023 as more promotions on its athletic apparel ate into margins.
- Waitrose has launched a trial scheme where packaging has been removed from hundreds of items in-store to enable customers to fill their own containers with products. .
- Network Rail has reported that retail like-for-like sales at stations it manages increased by 2.42% in the three months to the end of March. On a total basis sales were up 6.84%.
- Shopping centre owner Intu has named Robert Allen as its new chief financial officer.
- UK retail sales declined by 3% on a like-for-like basis last month as the country's political and economic uncertainty took its toll.
- Wellington boot brand Hunter achieved record revenues in 2018 with an increase of 9% to £113.8 million.
- Magmatic, the owner of theTrunki children's suitcase brand, increased its profits by 51% in 2018 following a strong international performance.
- US beauty retailer Morphe Cosmetics has opened its first store in the North West on Liverpool ONE’s Paradise Street.
- With just a handful of places left, don’t miss the chance to join the 120+ delegates at this year’s Customer Engagement Conference on Wednesday 5 June.
- Over-aggressive fraud strategies fuel false declines, resulting in almost 3% of lost revenue for ecommerce.
- Outdoor retailer Mountain Warehouse has seen its pre-tax profits increase by 14% to a record £23.7 million in the year to the end of February.
- Consumer confidence has risen by three points this month according GfK’s long-running Consumer Confidence Index.
- Waitrose & Partners is to introduce an ‘invisible door’ at one of its stores later this year. The retailer said the door could potentially save UK retailers a combined £1.5 billion per year by reducing their energy bills.
- Ahead of speaking at Retail Customer Engagement on 5 June, Steve Kato-Spyrou, UX manager at John Lewis & Partners, has highlighted how customer-centric design can often be overlooked in retail businesses despite it being a major...
- Calabrio - Customer Engagement Conference 2019 sponsor - is the customer experience intelligence company that empowers organisations to enrich human interactions.
- Fashion retail group N Brown has strengthened its leadership team by appointing Kenyatte Nelson as its chief brand officer.
- Microsoft has announced that its new flagship store at London’s Oxford Circus will open on 11 July.
- Cosmetics company Shiseido and Superdrug owner AS Watson have developed a new three-year plan as they look to strengthen their strategic partnership.
- Tapestry, the owner of the Kate Spade, Coach and Stuart Weitzman luxury lifestyle brands, has hired Thomas Glaser as its chief operations officer.
- Administrators for the Select fashion chain have filed proposals for a Company Voluntary Arrangement as they look to cut property costs for the business.
- H&M has collaborated for a second time with Dutch brand Love Stories on a swimwear collection.