retail

Consumer

Black Friday Awash With Green As Markets Finish Their Best Month of 2024

Photo by Mike Mozart via CC BY 2.0

Despite fears of skittishness, US consumers poured a record amount of cash into online retail on Black Friday.

2 min read
Consumer

Walmart Ups its Guidance for the Year

Photo by Mike Mozart via CC BY 2.0

Walmart announced that it’s raising its outlook for the year, thanks in part to a rocking start to the holiday shopping season.

2 min read
M&A

Cheerios Owner Buys Petcare Brand for $1.45 Billion

Photo by Pitipat Usanakornkul via Pexels

Snacking conglomerates all agree: Petcare mergers and acquisitions are the cat’s pajamas. Just ask General Mills.

1 min read
Consumer

The Spookiest Day of the Year Saved Its Biggest Scare for the Chocolate Biz

Photo by Janne Simoes via Unsplash

The cost of manufacturing chocolate and confectionery from cocoa has risen a terrifying 45% this year, according to the producer price index.

1 min read
Healthcare

Walmart and Amazon Bet on Medication Delivery

Photo by Mike Mozart via CC BY 2.0

Walmart announced on Tuesday that it’s introducing a new same-day delivery service for prescription medication.

1 min read
Patent Drop

Walmart AI Analytics Patent Highlights Retailer’s Tech Overhaul

Photo via U.S. Patent and Trademark Office

. It may aim to level the playing field with one competitor in particular: Amazon.

2 min read
Consumer

Shein’s London IPO Overshadowed by Transatlantic Geopolitics

Photo by DMCGN via CC BY 4.0

A Labour Party official said he’d like to see legislation that heavily impacts imports of Chinese textiles — a potential problem for Shein.

1 min read
Consumer

Back-to-School Spending Is Flat or Falling, Depending on Whom You Ask

Image Credit: iStock, Nadezhda1906

Early data this year suggests back-to-school season spending is either flat from last year, or took a slight dip.

1 min read
Big Tech

Who has Liability in the Shifting World of e-commerce?

Photo illustration by Connor Lin / The Daily Upside, Photos by Zlatko Plamenov and DilokaStudio via Freepik

Amazon has largely dodged liability for the products sold on their virtual shelves. But could the legal tides be shifting?

6 min read
Healthcare

Walgreens Plans to Shutter Stores and Refocus after Weak Earnings

Photo by Sachina Hobo via Unsplash

Walgreens’ new leader is planning a rebound for the chain, starting with shuttering a substantial, if unspecified, number of US locations.

1 min read
Markets

Midday Market Brief: Big Tech Takes Over

Photo illustration by Connor Lin / The Daily Upside

Nvidia is back to its winning ways, lifting tech stocks and pushing the broader S&P 500 index to another all-time high.

1 min read
Consumer

Walgreens Price Cuts Confirm More Consumers Are Getting Picky

Photo by Paul Sableman via CC BY 2.0

The drug-store chain lowered prices on more than 1,500 items including vitamins, chips, lotion, and Squishmallow plushies.

2 min read
Markets

Midday Market Brief: Nvidia Can’t Do All the Work

Photo by Jason Briscoe via Unsplash

The chipmaker was flat on Wednesday, and the other 499 stocks in the S&P 500 didn’t have enough oomph to drive the market higher.

1 min read
Big Tech

Amazon Reignites its Warehouse and Logistics Expansion

Photo via Amazon Press Center

The e-commerce king has either leased, bought, or announced the addition of 16 million square feet of warehouse space this year.

2 min read
Consumer

Target Slashes Prices to Entice Shoppers Tired of High Prices

Photo by Farragutful via CC BY-SA 4.0

The retailer will cut prices on up to 5,000 grocery items to keep pace with lower-cost rivals like Walmart.

2 min read
Real Estate

Luxury Stores Are Bucking the Commercial Property Downturn

Photo by Christian Wiediger via Unsplash

High interest rates across the US and Europe have hurt commercial property values, but not when luxury retail is involved.

1 min read
Consumer

Walmart’s Market Cap Jumps to All-Time High After Stellar Earnings

Photo by Mike Mozart via CC BY-SA 3.0

The retail giant posted $161 billion in quarterly revenue, marking a 6% increase and beating its earlier sales target.

2 min read
Markets

Keith Gill Resurfaces, Kicks Off Another Meme-Stock Frenzy

Photo by Will Buckner via CC BY 2.0

A rare social media appearance by a well-known daytrader boosted GameStop and other stocks that gained popularity during the 2021 craze.

2 min read
Consumer

Brick-and-Mortar Stores Start Leaning into Online Shopping

Photo by Hobi Industri via Unsplash

In 2023, roughly 42% of e-commerce orders involved a store acting as a fulfillment hub or a place where consumers can pick up or return items.

1 min read
Consumer

McDonald’s May Have to Tap Out on Raising Prices

Photo by Lucas van Oort via Unsplash

First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.

1 min read