Nordstrom Inc.’s stock pulled back before Monday after surging last week following a report that activist investor Ryan Cohen is taking a large stake in the retailer. The company’s stock, which ended ...
Tag: Retail
Tesla Raised Model Y Prices. Why a Used One May Still Cost More.
Tesla just raised the price of its Model Y, but used car buyers looking for an electric vehicle in 2023 could end up paying more than the price of a new EV if they are not careful. Fluctuating pricing...
Bitcoin retail holders didn’t mind the crypto winter; they bought more
Glassnode data show that Bitcoin retail traders are now braver and have been accumulating even with falling prices in the better part of 2022. Per trends, an analyst observes that following the collap...
ETF Wrap: ETFs Rush to Retail
LONDON − Retail is undoubtedly the next distribution battleground for ETFs in Europe as large asset managers clamour to offer access to single ETFs and ETF savings plans via investment apps. After mak...
Richer Than Elon Musk, He Bought Tiffany at a Tough Time. He’s Got a Gem Now.
There’s a reason Bernard Arnault is the world’s richest person. The chairman, CEO, and controlling shareholder of LVMH Moët Hennessy Louis Vuitton the world’s largest luxury-goods merchant, knows how ...
Did US institutions prevail over Asian retail traders?
Bitcoin experienced the second-strongest January in its history — and the best since 2013 — rising nearly 40% amid wide reports that institutional investors were back on board. Zhong Yang Chan, head o...
Workers At Cleveland REI Store File For Union Election With The NLRB
Workers at REI’s store outside Cleveland, Ohio. The employees who want to unionie, stage a walkout. Courtesy of the RWDSU On January 11, a delegation of workers from the REI store in Cleveland, ...
‘Patience will be rewarded.’ Here’s why Wall Street is not panicked over Amazon’s earnings slump.
Amazon.com Inc.’s worst annual loss ever was triggering a gentle gallop toward the exits among investors on Friday, but Wall Street analysts were stoic, urging patience on the long-term value offered ...
5 Growing Retail Tech Trends That Will Dominate Asia And Beyond In 2023
From artificial intelligence (AI) and machine learning (ML) to cryptocurrency payments, retailers … [+] are taking advantage of trending technologies to streamline operations, increase sales, an...
The Great China Unshoring, Retail’s Big Trend For 2023
The Great China Unshoring, Retail’s Big Trend For 2023 Shutterstock The retail industry’s supply-chain-induced inventory glut may turn out to have been a gift in disguise. Although companies are...
Apple, Amazon, Alphabet, Ford, Nordstrom, and More Stock Market Movers
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What Happens to Buybuy Baby if Bed Bath & Beyond Files for Bankruptcy?
As Bed Bath & Beyond faces a growing risk of bankruptcy, the question of what will become of its strongest asset, Buybuy Baby, has loomed large. The chain, which sells strollers, car seats, and ot...
Bill.com stock drops 20% as weak revenue forecast overshadows earnings beat
Bill.com Holdings Inc. shares dropped in the extended session Thursday after the business automation software company’s revenue outlook struggled to exceed Wall Street expectations. Bill.com BILL, +8....
Reliance Retail accept digital rupee at one store
Reliance Retail, one of the largest retail chains in India, has made an announcement stating that they have begun taking the digital rupee at one of their shop lines and have plans to roll out the imp...
Indian retail giant Reliance will be accepting CBDC digital rupee – Cryptopolitan
One of the largest merchants in India has announced that it would enable consumers to make payments using digital versions of the Indian rupee called digital rupee. During the period in which it is be...
Indian retail group begins accepting CBDC payments
A leading Indian retail chain, Reliance Retail, has begun accepting the national CBDC, the digital rupee (e₹). In India, the central bank is testing digital currency across wholesale and retail segmen...
India Gets Huge CBDC Push With Retail Giant Reliance
India’s largest retail chain Reliance has started accepting the country’s retail CBDC. The Digital Rupee will soon be accepted in 17,000 stores across the country. Reliance Retail has partnered with s...
Indian Retail Chain Enables CBDC Payments In Stores
Digital currency is becoming popular as several countries have begun launching their own central bank digital currency (CBDC) while promoting its adoption. In today’s news, India’s largest retail chai...
Amazon earnings: What to expect
Amazon.com Inc. is expected to deliver a profit for its holiday quarter, but not enough to offset its losses from earlier in 2022. Even with Amazon AMZN, +6.95% projected to report about $2 billion in...
South African Retail Giant “Pick N Pay” Now Accepts Bitcoin in all of its 1,628 Stores
The development comes three months after the retailer announced that it was already testing out Bitcoin payments at 39 designated outlets. Pick N Pay, a leading South African grocery retail giant, has...