Retail sales

FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading the Charge

FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading the Charge
FinTech IPO Names Surge 3.8% With SoFi and Upstart Leading the Charge
June 16, 2023  |  Fintech Investments

Government data pointing to cooling inflation helped buoy FinTech IPO names this past week. Retail sales data Thursday (June 15) showed that consumer spending remains...

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Amazon Fashion Becomes Its Own Force as Walmart Reconsiders Brand Acquisitions
Amazon Fashion Becomes Its Own Force as Walmart Reconsiders Brand Acquisitions
June 16, 2023  |  Retail

Sometimes it is a selective and focused sales strategy instead of broad appeal that may see overwhelming results. Amazon’s current standing as a player in...

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US Business Inventories Spring Up Slightly in April
US Business Inventories Spring Up Slightly in April
June 15, 2023  |  Economy

America’s business inventories enjoyed a slight rebound in April, according to new Commerce Department data. A report released by the department Thursday (June 15) showed that total...

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Retail Sales Data Shows Consumers Remain Undaunted by Inflation
Retail Sales Data Shows Consumers Remain Undaunted by Inflation
June 15, 2023  |  Economy

The latest retail sales data brings to mind that old 1960s mantra: Keep on truckin’. U.S. individuals and households boosted their spending in May, seemingly...

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Investors Bullish on Farfetch After Strong Results Announced in May
Investors Bullish on Farfetch After Strong Results Announced in May
June 09, 2023  |  Retail

Shares of luxury eCommerce retailer Farfetch have been on the rise. The British luxury goods merchant’s shares rose as much as 15% Friday amid elevated trading volume,...

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J. Crew, Laneige, Elizabeth Arden Embrace Virtual Storefronts to Drive Engagement and Loyalty 
J. Crew, Laneige, Elizabeth Arden Embrace Virtual Storefronts to Drive Engagement and Loyalty 
June 09, 2023  |  Retail

Brands and retailers want to boost consumer engagement and loyalty and are willing to go into other mediums, even if there isn’t any publicized data...

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Credit Card Competition Act Puts Merchants, Not Consumers, in Charge of Card Rewards and Payments Security Decisions
Credit Card Competition Act Puts Merchants, Not Consumers, in Charge of Card Rewards and Payments...
June 07, 2023  |  Legal & Regulation

If at first you don’t succeed, try, try again. That seems to be the prevailing sentiment Wednesday (June 7) when it was announced that the Credit...

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Apple’s $3500 Mixed Reality Headset No Shoo-In to Be a Slam Dunk
Apple’s $3500 Mixed Reality Headset No Shoo-In to Be a Slam Dunk
June 05, 2023  |  Retail

Apple’s foray into the mixed-reality world is official. And the reality beyond the announcement? Well, it may be, mixed. Past may be prologue, and the...

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