retail

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

Photo by Will Buckner via CC BY 2.0

Markets

Keith Gill Resurfaces, Kicks Off Another Meme-Stock Frenzy

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
Photo by Hobi Industri via Unsplash

Consumer

Brick-and-Mortar Stores Start Leaning into Online Shopping

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
Photo by Lucas van Oort via Unsplash

Consumer

McDonald’s May Have to Tap Out on Raising Prices

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

1 min read

Consumer

Gucci’s China Problem Is Testing Investors’ Patience

Photo by Do Nhu via Unsplash

The company says a turnaround will take time as the market for luxury goods cools and China muddles through economic doldrums.

1 min read

Consumer

Target Follows the Amazon Prime Playbook

Photo by Mike Kalasnik via CC BY-SA 2.0

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

1 min read

Consumer

Shein and Temu’s Fast-Fashion Rivalry is Rocking the Air Freight Industry

Photo via Connor Lin / The Daily Upside

The massive growth by both companies is crowding out other suppliers hoping to rely on cargo delivery planes.

2 min read

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