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Consumer Spending Shows Signs of Summer Recovery, but Retailers Are Cautious
PYMNTS.com· 7 hours agoConsumer spending is beginning to show signs of recovery going into the summer, but major retailers...
Joann taps retail consultant as interim CEO post-bankruptcy case
The Cleveland Plain Dealer· 4 days agoJoann Inc., which exited bankruptcy court in April as a private company, has appointed a consumer...
GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
Reuters via Yahoo Finance· 5 hours agoShares of the videogame retailer, which has been at the center of the meme stock frenzy, rose more...
Academy Sports Stock Falls After Earnings Miss. Its CEO Is Undaunted.
Barrons.com· 9 hours agoFEATURE Shares of Academy Sports & Outdoors are lower on Tuesday following the athletic and sports...
RH’s CEO holds 10-hour ‘adventures’ with execs and says ‘I don’t yell at people—I yell at the...
Fortune via AOL· 3 days agoRH CEO Gary Friedman has long been known for his soaring rhetoric in the luxury furniture retailer's...
Walmart is winning over investors, but its growth story relies on three key e-commerce initiatives
Yahoo Finance via AOL· 7 hours ago"E-commerce sales surpassed $100 billion dollars globally" last year, CEO Doug McMillon said at the...
Earnings call: Inditex reports robust interim 2024 financial results By Investing.com
Investing.com· 2 days agoInditex (BME:ITX), the global apparel retailer, reported a strong operating performance in the...
Oka’s U.S. operation abruptly shutters
BUSINESS OF HOME via Yahoo Finance· 8 hours agoBankruptcy | Jun 11, 2024 The U.S. operation of British home retailer Oka has filed for Chapter 7 bankruptcy. In documents filed in Texas district court...
Ikea’s CEO has solved the Swedish retailer’s global ‘unhappy worker’ crisis by raising salaries,...
Fortune· 14 hours agoTo stem the bleeding, the Swedish furniture behemoth needed to figure out what was making its store workers so unhappy — and fix it fast. By 2022, more than 62,000 employees were departing a ...
Don't Expect Interest Rate Cuts Tomorrow. But What About July?
CNET· 3 hours agoLet’s dispel this fantasy first: The Fed will not lower interest rates at tomorrow’s meeting. The...