Retailers will reveal more about the holiday-shopping season in the coming week, with the end of the earnings recession in sight. Home Depot Inc. HD, -0.68% is the lone Dow Jones Industrial Average DJIA, -0.78% component on the docket, and will be joined by plenty of other retailers that willRead More →
© Reuters. Investing.com – Luxury goods makeres were higher in midday trade on Monday after LVMH’s surprise bid for Tiffany & Co (NYSE:) sparked speculation of consolidation in the sector. LVMH (PA:) made an unsolicited offer of $120 per share for the luxury jewelry retailer, which Tiffany’s says it isRead More →
The deadly mass shooting at a Walmart Inc. El Paso store has sparked questions about the risk of violence at the nation’s brick-and-mortar retail locations, with one expert expressing confidence that there will be progress on safety measures, even if the move is minimal. Since the August 3 shooting inRead More →
By James Davey and Kate Holton LONDON (Reuters) – A British demand for supermarkets to prepare for a potentially chaotic no-deal Brexit by stockpiling food is stoking anger in the industry, with bosses saying they should not be blamed if people can’t find everything they want on the shelves. WithRead More →
© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York By Noel Randewich SAN FRANCISCO (Reuters) – U.S. retailers will be front and center on Wall Street next week as the United States imposes new tariffs on $300 billion worth of Chinese imports,Read More →
Getty Images Dollar General has managed tariffs so far, but the trade war between the U.S. and China presses on Dollar General Inc., PVH Corp. and other retailers used their earnings releases this season to highlight efforts to manage increased tariffs, showing just how close the trade war between theRead More →
This was expected to be a slow week for corporate earnings after a long holiday weekend. Uber Technologies Inc. UBER, +2.57% decided to shake things up, though. The ride-hailing service announced just a week ahead of time that it expects to report quarterly earnings for the first time since itsRead More →
© Reuters. FILE PHOTO: A customer places an Apple’s new iPhone XS after it went on sale at the Apple Store in Beijing By Josh Horwitz SHANGHAI (Reuters) – Chinese online retailers have started discounting iPhones for the second time this year as Apple Inc (NASDAQ:) wrestles with a prolongedRead More →
© Reuters. FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago By Jonathan Stempel (Reuters) – A federal judge dismissed a racketeering lawsuit accusing Walmart (NYSE:) Inc and six other retailers of extortion by forcing accused shoplifters to take costly “restorative justice” classes or else beRead More →
© Reuters. A trader works on the floor of the NYSE in New York By Sruthi Shankar (Reuters) – U.S. stocks were set to open lower on Thursday after a solid four-day rally, as lack of details on U.S.-China trade talks and disappointing holiday-season reports from retailers weighed on theRead More →
