Simon to the rescue? To save the malls, and the retailers in the malls, look to the mall owner. Maybe. News came this past week that the largest mall owner based in the United States may look to keep select retailers from going out of...
And now, the Libra lure. Amid the controversy of a cryptocurrency proposed by Facebook, news comes this week that, per an investigation by The Washington Post, roughly a dozen accounts and pages on the social media giant’s platform promise early access to Libra. For a...
Earnings season begins roughly two weeks after the close of the quarter. Earnings season serves as a barometer of the health of companies, and as always, offers management commentary on the state of the general economy. Many firms, with reach global in scope, also are...
This was probably not the week Facebook had expected, post-Libra. You know, by now, that the social media giant unveiled the details of a new cryptocurrency, ambitious in scope and with the promise to bring financial inclusion to billions around the globe. But lightning-quick, the...
We all like to be rewarded for work and vision, for toil and trouble. For putting up money where, literally, our mouths are. If only those pesky geopolitics wouldn’t interfere … We’re being tongue in cheek, but only just a little. True, the ongoing trade...
To steal a line from Earth, Wind & Fire, it’s likely to be a September to remember. For merchants large and small, might this fall, and beyond, be chilly in terms of top line growth? Certainly so, if a significant number of transactions are denied...
Perhaps at this point it might be better to ask which retailers, if any, are not shuttering stores. The data came this week from Coresight Research that store closures across the U.S. continue to mount, touching more than 7,150 locations announced by a slew of...
Earnings season is a time for reflection after reaction. For Kohl’s, which put up a poor showing in its latest results, and which gave the nod to a rocky roadmap of execution amid trade wars and brick-and-mortar challenges, the reaction was swift. Investors dumped the stock...
In this week’s sizzles, Walmart digital sales increase, Visa says contactless checkout is on the rise and Buffett’s Berkshire invests in Amazon. Fizzles include SoftBank shares sliding, retail sales fluctuating and the Supreme Court green-lighting the lawsuit against Apple. Call it the eCommerce wind beneath...
