ViewRecent reports from Macy’s, Target and Costco have indicated that Americans are starting to change their spending habits. The three stores have recently released their quarterly outlooks. Macy’s said Thursday that it began to see a shift in late March. “During the first quarter, we delivered a solid beat on our gross margin rate and bottom line expectations enabled by our disciplined teams, strength of our inventory management and operational efficiencies. We planned the year assuming that...
Bloomberg reported Apple planned to up its retail presence by opening new stores across the APAC, Europe and Middle East regions.
Retail Sector Is The "Soft Underbelly" Of The Economy Authored by Bruce Wilds via Advancing Time blog, Prepare for Retail Apocalypse Part II. While this could be considered a continuation of a trend that started years ago the number of closures about to occur will take things to a whole new level. "Soft underbelly" is a phrase that refers to the most vulnerable part of something, whether it be an organization, a system, or a physical object. This phrase was famously used by Winston...
June 1, 2023 - New Yorkers aspiring to enter the state's marijuana marketplace are urging policymakers to make startup funding more accessible. We talk about potential improvements to the rollout of the retail licenses and development of retail shops with Britni Tantalo, president of Flower City Dispensary in Rochester.
ChatGPT, a language model developed by OpenAI, has fast become one of the biggest buzzwords in retail but retailers remain cautious.
The slide in the company's shares began after it failed to raise its full-year guidance when reporting solid quarterly earnings at the start of the month.
The International Accord for Health and Safety has announced that it has reached the goal of 200 signatories of brands and retailers.
ChatGPT, a language model developed by OpenAI, has fast become one of the biggest buzzwords in retail but retailers remain cautious.
Fashion, beauty and lifestyle e-tailer Shein is set to re-enter the Indian marketplace, in partnership with Reliance Retail, three years after its app was banned from the country.
Retailers large and small say they're struggling to contain an escalation in store crimes
It’s Thursday lunchtime in Iowa and, upstairs in a boathouse on the banks of the Cedar River, Nikki Haley is making her case to be president. The modestly sized venue is packed. The crowd is polite and receptive, and also notably upscale. These aren’t country club Republicans as such but they are clearly more prosperous []
Xiaomi sub-brand Redmi unveiled the Helio G85-powered Redmi 12C last December, and the company is expected to introduce the vanilla Redmi 12 soon. The Chinese brand hasn't divulged the Redmi 12's launch date yet, but its Portuguese division mistakenly listed the smartphone on its official website, revealing its specs, design, and price. The listing has been taken down, but thanks to Twitter user @kacskrz and German blog WinFuture, we know what the Redmi 12 will offer. The Redmi 12 will pack a...