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Consumer Spending Shows Signs of Summer Recovery, but Retailers Are Cautious
PYMNTS.com· 1 hour agoConsumer spending is beginning to show signs of recovery going into the summer, but major retailers...
Walmart is winning over investors, but its growth story relies on three key e-commerce initiatives
Yahoo Finance· 1 hour ago"E-commerce sales surpassed $100 billion dollars globally" last year, CEO Doug McMillon said at the...
Ikea Inks Low-Carbon Shipping Deals with HMM, Hapag-Lloyd
Sourcing Journal via Yahoo Finance· 3 hours agoIn that time frame, the retailer aims for 100 percent renewable energy across its logistics units,...
Oka’s U.S. operation abruptly shutters
BUSINESS OF HOME via Yahoo Finance· 3 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...
Joann taps retail consultant as interim CEO post-bankruptcy case
The Cleveland Plain Dealer· 3 days agoJoann Inc., which exited bankruptcy court in April as a private company, has appointed a consumer...
Academy Sports Stock Falls After Earnings Miss. Its CEO Is Undaunted.
Barrons.com· 4 hours agoFEATURE Shares of Academy Sports & Outdoors are lower on Tuesday following the athletic and sports...
Ikea’s CEO has solved the Swedish retailer’s global ‘unhappy worker’ crisis by raising salaries,...
Fortune· 9 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 ...
Havaianas to Release Flip Flop Collection With Dolce & Gabbana Featuring Some of the Italian Brand’s...
Footwear News via Yahoo News· 29 minutes agoIt has been a busy few months for the Brazilian company. In late December...named Liel Miranda as...
27 Inflation-Beating Deals at Major Retailers That Are Slashing Prices
GoBankingRates via AOL· 5 hours agoInflation has come down since its 40-year high in 2022, but shoppers still feel its effects and have...
Store closures are rocking the US market. Here’s the restaurants and retailers shutting their doors
The Independent via Yahoo Finance· 1 day agoHere's a list of some of the major retailers and restaurants shutting down stores this year. A...
