Stephens analyst Vincent Caintic expects Affirm Holdings, Inc (NASDAQ: AFRM) to receive a vast GMV tailwind from incentives provided for using Affirm during Amazon.com Inc’s (NASDAQ: AMZN) Prime...
Tag: Shopping
rising costs are squeezing retailers’ margins
Retail businesses in Singapore are grappling with higher costs as rents rise and energy prices soar, the Singapore Retailers Association said. Cost pressure is a big concern for many Singapore retail...
Peloton sweetens employee pay incentives as it fights to boost morale
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen. Rafael Henrique | LightRocket | Getty Images Peloton sweetened incentives for its workers with one-time c...
Visa promotes crypto shopping in Dubai with the new Bitcoin-backed TDC
As crypto trading grows in popularity, large financial institutions like Visa see the perfect opportunity to get involved in the technology. Although virtual commerce is going through an unfavorable t...
Kohl’s ends sale talks with Franchise Group, lowers outlook
Kohl’s announced Friday that it is terminating talks to sell its business, saying that the retail environment has significantly deteriorated since the beginning of its bidding process. The Kohl&...
Kohl’s real estate sale on the table after deal talks fall apart
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s might not be selling its business after all. But it’s now ...
Ex-Apple exec Ron Johnson’s Enjoy Technology files for bankruptcy
Ron Johnson during a panel discussion at the CNBC Evolve New York event on June 19, 2019. Astrid Stawiarz | CNBC Enjoy Technology, a retail startup founded by former Apple and J.C. Penney exec Ron Joh...
Amazon to Host Two Prime Shopping Events in One Year for the First Time
Amazon seeks to boost additional sales by floating two Prime shopping events in 2022, the second of which will take place in Q4. According to a notice seen by CNBC, online retailer Amazon (NASDAQ: AMZ...
3 trends to watch as retailers prep for back-to-school, holiday shopping
Pedestrians view the holiday windows at a store in New York, on Thursday, Dec. 2, 2021. Christopher Occhicone | Bloomberg | Getty Images Summer vacation season is just getting started, but retailers a...
Revlon Declared Bankruptcy. Why Is Its Stock Soaring?
A funny thing happened on the way to Revlon’s bankruptcy. By all accounts, it should have been lights out for Revlon (REV) – Get Revlon Inc. Report. On June 16, the cosmetics company fil...
Why the retail industry is facing a bankruptcy wave
Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California. Justin Sullivan | Getty Images The retail industry is up against a potential wave of bankruptcies follow...
Franchise Group considers lowering Kohl’s bid closer to $50 a share from $60
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Kohl’s announced that it has entered into exclusive negotiations with Franchise Group, which is proposi...
Shopping Festival Sales On June 18 Rise & Highlight New Consumer Habits, Asian Equities Flash Risk Off
China Last Night KraneShares Key News Asian equities were mostly lower overnight despite the significant comeback in the US yesterday. Hong Kong saw a slight uptick in volume as Mainland China saw low...
3 Trends Shaping Consumer Shopping Behavior
As US retail sales data start to show the effects of recent economic turbulence, brands and retailers are digging deep on ways they can stay relevant in shoppers’ wallets. VISIONS 2022, a report relea...
Should You Buy Amazon, Walmart, Target, and Costco Stock?
Retail stocks have seen huge price drops because pretty much every retailer has issued a cautious guidance due to supply chain issues and increased costs. Retailers including Walmart (WMT) – Get...
Revlon files for Chapter 11 bankruptcy protection
Cosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cumbersome debt load and a snarled supply chain. The company said it expects to receive $57...
Prologis, major Amazon warehouse landlord, to buy Duke Realty for $26 billion
Signage outside a Prologis warehouse occupied by Kuehne + Nagel in Redlands, California, U.S., on Sunday, Nov. 7, 2021. Fallout from the global supply-chain crisis is clogging U.S. ports, pushing ware...
Simon Property CEO aims to create new sales event as inflation surges
David Simon, chairman and chief executive officer of Simon Property Group Patrick T. Fallon | Bloomberg | Getty Images David Simon, the chief executive officer of the biggest shopping mall owner in th...
France: first shopping centre to accept crypto payments
The Beaugrenelle is the first shopping centre in France to accept crypto payments, thanks to a partnership with the Lyzi app. France: The Beaugrenelle is first shopping centre to accept crypto The Be...
Adobe CEO says e-commerce is seeing price decreases, expects strong future for online shopping
Several categories of e-commerce are seeing price decreases and support the expectation that digital shopping among consumers will hold strong, Adobe chief executive Shantanu Narayen told CNBC’s...
Walmart’s Sam’s Club Solves a Huge Problem (Costco Hasn’t)
The supply chain mess caused by the covid pandemic forced retailers to get much smarter about how they get items into their stores. That’s actually something Walmart’s (WMT) – Get W...
Why Franchise Group wants to buy Kohl’s and what could happen next
Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images A little-known conglomerate of companies including The Vitamin Shoppe, Pet Supplies Plus and a home fur...
Kohl’s shares jump after it enters exclusive sale talks with Franchise Group
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s said Monday that it has entered in...
Costco Raises Prices While Target Lowers Them
The pandemic has disrupted a variety of retail chains. Covid has created supply-chain problems, where ordered items take longer to arrive, but that’s not the only problem facing retailers, inclu...
Mega Whales Are On A Bitcoin Shopping Spree — Now Own The Largest Supply Of BTC In A Year ⋆ ZyCrypto
Advertisement     Bitcoin whales are steadily extending their lead over other classes of investors. New data indicates that the largest whales have the “highest supply...
Dubai’s Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With Binance – Featured Bitcoin News
Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties. “Majid Al Futtaim is one of the most prestigious businesses in ...
Kohl’s sale negotiations could drag on for weeks, possibly longer
The drawn-out bidding process for Kohl’s doesn’t appear to be coming to an end any time soon. It could take several weeks, if not longer, for a deal to come together, a person familiar wit...
Lululemon (LULU) Q1 2022 earnings beat estimates
Lululemon customers so far aren’t balking at higher prices on the retailer’s leggings and sports bras, Chief Executive Officer Calvin McDonald said Thursday. The athletic apparel maker rep...
Levi Strauss & Co. (LEVI) reaffirms 2022 outlook, boosts guidance
A sign is posted in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Levi Strauss & Co. on Wednes...