Stories tagged “Retail.”
30 stories
Savers Value Village's CFO, Michael Maher, sold 49,742 shares of common stock on August 7, 2026, as part of a Rule 10b5-1 trading plan adopted in March. The sale was conducted at a strike price of $7.11, which is significantly lower than the current market price of $12.22…
Burlington Stores Group President Jennifer Vecchio sold 1,678 shares of common stock on Aug. 3, 2026, worth approximately $619,200. The sale was executed through a Rule 10b5-1 trading plan, indicating a predetermined timing and size of the trade for personal liquidity or …
Argos, a British high street retailer, faces challenges from online giants like Amazon and struggles to thrive. The chain's owner plans growth opportunities including opening new standalone shops.
Ivorian group Mayelia Participations, a specialist in road safety, is diversifying its operations by acquiring the Cosmos Yopougon shopping center for €16 million, marking its entry into Côte d'Ivoire's competitive large-scale retail market.
Reliance Brands has partnered with Kim Kardashian’s SKIMS to launch the shapewear and lifestyle brand in India, starting with stores in Delhi and Mumbai before expanding nationwide.
Popular Bookstore will close its VivoCity and Jurong Point outlets after Aug 16 and Sept 13 respectively. A new store will reopen in Hougang Mall on Sep 4.
Starbucks Korea's headquarters were raided by police investigating a marketing campaign that trivialized the 1980 Gwangju uprising, sparking widespread public outrage.
Major Chinese new-style tea brands including Luckin Coffee, HEYTEA, Chagee, Guming, and Mixue are racing to launch beer-flavored or alcohol-infused drinks, with one upstream supplier reporting over 200 tons of hops syrup shipped in the first half of 2026. Most products us…
Luckin Coffee, China's largest coffee chain with over 36,000 stores, is facing a food-safety backlash after a video of employees feeding each other cream from a dispenser went viral. The episode surfaces as Q2 revenue rose 28.5% year-on-year to 15.89 billion yuan, even as…
Shein, the online fast-fashion retailer, is seeking a valuation of $30 billion to $40 billion in a Hong Kong initial public offering (IPO) that it plans to launch as early as mid-August, according to sources.
Marks & Spencer is unveiling a major revamp of its Oxford Street Pantheon store, serving as a blueprint for a £700m investment strategy aimed at modernizing its 200+ large stores and online experience.
Marks & Spencer is now selling Ann Summers crotchless knickers online, sparking outrage but also being seen as a strategic move to attract younger demographics and expand its brand offerings.
The FTSE 100 is set for its best monthly performance since February, defying geopolitical turmoil and rising UK petrol prices, while other major global markets also show mixed movements.
Sainsbury's has agreed to sell Argos for £120m to Swift Partners, a company created to buy the brand. The deal is expected to be completed in February next year.
Sainsbury's selling Argos for £120m, focusing on core food business. Former Morrisons execs set up Swift Partners.
DICK'S Sporting Goods offers reasonable valuation, top-tier management, and strong positioning for current retail trends. Despite these strengths, DKS shares have stagnated above $200, with market participants unconvinced about robust future growth.
Chinese robotics company Geek+ is transforming the UK's retail industry with its autonomous mobile robots, deployed in warehouses across the country. The robots can increase picking speeds, store more goods in hard-to-reach spaces, and reduce errors. Geek+ has become the …
Pang Donglai Halts Air Conditioner Sales, Exposing Home Appliance Industry's Weakness
Chinese retail chain Pang Donglai has temporarily stopped selling central air conditioners in two stores during peak season due to overwhelmed installation teams, prioritizing service quality over sales. This decision highlights systemic service issues within China's broa…
Greggs, the UK's biggest fast food business, has seen a 7.2% rise in sales to £1.1bn for the first six months of the year, driven by the opening of 34 new stores and a wave of price rises on key items.
Vishal Mega Mart is expanding its quick commerce service to 767 stores across 520 cities, with 1.4 Cr registered users. The move signals traditional retailers embracing quick commerce as consumer buying habits shift.
Aristotle International Equity ADR WM Q2 2026 Portfolio Review discusses the company's investment decisions and portfolio performance. The review highlights the benefits of Pan Pacific International Holdings' differentiated store formats, decentralized merchandising, and …
Mango Reports €1.85 Billion Turnover in First Half, Up 7.2%
Mango achieved a turnover of €1.852 billion in the first half of the year, marking a 7.2% increase year-on-year, driven by strong international and online business performance. The company invested €90 million in expansion and improvements, opening 127 new stores globally.
Barclays Joins Bank of America in Seeing Inditex with Room to Beat Historical Highs
Barclays has upgraded Inditex to 'overweight' with a target price of 62.5 euros, joining Bank of America in a bullish outlook for the Spanish fashion giant, citing its competitive advantages and strategic positioning.
Leslie's Pool Supply, a 63-year-old chain, is facing financial challenges after closing 80 locations. The company reported positive Q2 results but still faces a possible Chapter 11 filing.
Sears, a 140-year-old retail giant, has dwindled to just five locations. The company's decline began after its Chapter 11 bankruptcy in 2018, and its purchase by hedge fund operator Eddie Lampert in 2004.
Great Britain's retail sales volumes rose 1% month-on-month in June, defying expectations, driven by a heatwave, World Cup fever, and a significant surge in online shopping.
British Gas owner Centrica plans to cut 1,300 jobs from its call centres as it invests in AI chatbots, citing a 90% preference for digital channels among customers.
Bristol US Equity Strategy highlighted Costco Wholesale Corporation (NASDAQ:COST) in its Q2 2026 investor letter, citing its durable competitive moat in retail and high-margin, predictable membership-fee stream.
China's community group buying sector experienced a boom-bust cycle fueled by massive capital, leading to consolidation and a shift towards efficiency after regulatory tightening and the withdrawal of major players like Meituan Youxuan.
Apple has updated the Apple Store app's privacy policy, adding terms regarding a yet-to-be-released virtual shopping assistant. The assistant will leverage user data to personalize its responses and help with purchase decisions.