U.S. retail sales are expected to rise between 3.5 percent and 4.1 percent, topping $3.9 trillion. However, the coronavirus could put all of that in jeopardy, CNBC reported. There were other shortcomings on the horizon, though, such as the tumult of a lingering trade war, and...
Walmart and its U.K. supermarket arm Asda are reportedly looking for an investment from a third party, after a failed attempt to merge with competitor Sainsbury’s, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy...
As the coronavirus spreads outside of China and causes concerns of a worldwide pandemic, American hotels and airlines are expanding options for customers to make new plans for travel. The U.S. told Americans to start getting ready for the coronavirus to spread within the nation...
The resale market is turning out to be one of the hottest trends of the young new year. After Nordstrom and Macy’s recently launched high-end resale retail platforms, Gap has now joined them. And lest you think it’s a bit of desperation move for struggling...
After SmileDirectClub Inc registered a larger-than-expected loss with greater spending to market its teeth aligners, the eCommerce dental firm said it is examining “controlled growth” this year. The company’s stock dropped 20 percent in extended trading to $9.05, Reuters reported. Get the Full Story Complete...
As Lowe’s homes in on growing online shopping and bringing in more professional contractors and homebuilders, the home improvement retailer registered mixed Q4 results. Its shares increased 1.4 percent in premarket trading, CNBC reported. Get the Full Story Complete the form to unlock this article...
A new Walmart service will let third-party vendors hire the retailer to shelve, pack and ship items to customers in a move that could help Walmart compete better with eCommerce giant Amazon, CNBC reported. Get the Full Story Complete the form to unlock this article...
After Shake Shack Inc. registered less-than-expected comparable sales and set disappointing targets for this year, the quick-service restaurant’s stock dropped on Tuesday (Feb. 25) as delivery growth also slowed during a shift to a sole partnership with Grubhub. Shares fell in their largest intraday drop...
Streaming services from companies like Spotify, Apple and Amazon have helped to fuel an increase in sales and profitability for the music industry. Music sales grew over 13 percent in 2019 to reach $11.1 billion, which is the highest in more than a decade, according...
