Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.
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The e-commerce king has either leased, bought, or announced the addition of 16 million square feet of warehouse space this year.
The retailer will cut prices on up to 5,000 grocery items to keep pace with lower-cost rivals like Walmart.
High interest rates across the US and Europe have hurt commercial property values, but not when luxury retail is involved.
Morgan Stanley is doubling down on its pursuit of day traders with a fancy new, souped-up premium platform for retail investing.
A rare social media appearance by a well-known daytrader boosted GameStop and other stocks that gained popularity during the 2021 craze.
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.
First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.
Investor worries about a fresh batch of US tariffs have dragged LVMH shares in Paris down 23.6% so far this year.
Sales rose 0.7% month-over-month — about double what many economists had predicted. Year-over-year, that’s a 4% jump.
The agreement with US-based merchants is expected to reduce the credit card titans’ take by a combined $30 billion through 2030.
Gucci’s parent company expects sales to slump by 10%, largely due to a downturn in Chinese demand.
A handful of retail executives hinted this week that they are eyeing some strategic advantages and opportunities amid the trade war.
Walmart announced on Tuesday that it’s introducing a new same-day delivery service for prescription medication.
. It may aim to level the playing field with one competitor in particular: Amazon.
A Labour Party official said he’d like to see legislation that heavily impacts imports of Chinese textiles — a potential problem for Shein.