retail
Walmart-owned Sam’s Club has a “treasure trove” of purchasing data.CEO Chris Nicholas told BI this data is powering the company’s big push into experiential retail.Nicholas has named Diana Marshall to be his new chief experience officer, or CXO — a relatively rare title in retail.When Sam’s Club CEO Chris Nicholas…
Investing.com — Retail sales in Canada remained largely unchanged in November, with declines in six of the nine subsectors. The most notable drop was seen in food and beverage retailers, which experienced a 1.6% decrease in sales. However, this decline was mostly counterbalanced by a rise in sales at motor…
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU/MUMBAI (Reuters) – India’s Tata Consultancy Services (NS:) expects its retail and manufacturing clients in North America to step up spending on tech, following a similar upturn in its banking and financial services segment, a top executive of the nation’s No. 1 software-services…
As traders approach another pivotal day for financial markets, Tuesday, December 17, 2024, brings a series of crucial economic data releases that could sway market dynamics. The spotlight falls on retail sales figures and industrial production data, which are expected to provide insights into consumer spending patterns and manufacturing sector…
Robyn gets a kick out of being able to say she’s worked at both the “good” and the “bad” Dollar Trees in her West Texas town. The stores may be only a few miles from each other geographically, but qualitywise, there’s an enormous gulf between them. Shocked customers who have…
By Linda Pasquini and Agata Rybska (Reuters) – Japan’s Seven & i Holdings received a buyout proposal from a member of its founding Ito family last week, a potential $58 billion white-knight bid which would see the company go private and allow it to continue operating under current management. Many global…
Trump’s second term likely means changes are on the way that will impact retailers.Experts say tariffs are top-of-mind for many companies and would represent new costs for consumers.Meanwhile, tax cuts may spur spending, and regulators could have a softer touch on mergers. Donald Trump’s return to the White House is…
By Mathieu Rosemain PARIS (Reuters) – French bank Credit Agricole (OTC:) SA reported a smaller-than-expected drop in third quarter net profit on Wednesday after a record three months for its investment bankers offset weakness at some of its retail businesses. Net profit at France’s second-largest listed lender by market value…
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com on Thursday posted third-quarter profit and sales that beat Wall Street estimates, helped by favorable retail sales, and shares rose 4% after the closing bell which more than made up for the decline during regular trading. Amazon (NASDAQ:)’s upbeat results could…
