retail

Consumer

Luxury Brands Can’t Bank on China Anymore

Photo by Dima Pechurin via Unsplash

Gucci’s parent company expects sales to slump by 10%, largely due to a downturn in Chinese demand.

2 min read

Photo by Mike Kalasnik via CC BY-SA 2.0

Consumer

Target Follows the Amazon Prime Playbook

The retailer is looking to spark its turnaround with its own version of an e-commerce membership.

1 min read
Photo by Mike Mozart via CC BY 2.0

Consumer

Joann Fabrics Mulls a Bankruptcy Filing

The crafts retailer may have a deal to keep operating, but it faces a long-term debt load of $1.1 billion.

1 min read
Photo by Vladan Raznatovic via Unsplash

Consumer

Macy’s to Shutter 150 Stores to Focus on Boosting Upscale Brands

The company will close underperforming locations while it grows its luxury Bloomingdale’s and BlueMercury outlets.

1 min read

Real Estate

Soft Housing Market Is Keeping a Lid on Home Improvement Spending

Photo by Michael Form via Pexels

With home sales continuing to limp along, Home Depot and Lowe’s are reporting that do-it-yourselfers are cutting back on projects.

2 min read

Consumer

Target Might Spin Up Its Own Version of Amazon Prime

Photo by Shabaz Usmani via Unsplash

The retailing giant could launch its own subscription shopping service to keep up with rivals Amazon and Walmart.

2 min read

Consumer

Temu Is Leaning on Boomers to Storm the US

Photo by Karolina Grabowska via Pexels

Boomers are ahead of younger generations in embracing from the Chinese e-commerce marketplace.

1 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.