Retail Struggles as High Interest Rates Hit Spending
Retail sectors face financial challenges as consumer spending dips due to elevated interest rates. Discover how higher borrowing costs impact retail dynamics.
Topic
Retail
A collection of 121 issues
Holiday Retail Spending Boosts by 3.8% to 4.8%
Retail spending surged during the holiday season, increasing by 3.8% and 4.8% according to Mastercard and Visa. Discover the factors driving this growth.
Amazon Positioned to Thrive Amid Consumer Cost Focus
Discover why Amazon is set to succeed as cost-conscious consumers prioritize value. Learn how the retail giant adapts to changing market trends.
Colombier Acquisition Corp. II to Merge with GrabAGun in $150M Deal
Colombier Acquisition Corp. II, led by Omeed Malik, is set to merge with GrabAGun, valuing the retail company at around $150 million. Discover more about this SPAC merger.
AI Revolutionizes Retail Through Strategic Partnerships
Discover how AI is transforming the retail sector through strategic partnerships, enhancing customer experience and operational efficiency.
Alibaba Sells 70% Stake in Sun Art at Discount
Alibaba Group sells its 70% stake in Sun Art Retail Group at a discount from its $3 billion valuation. Discover the implications of this strategic move.
Kering Faces Challenges in Hainan Due to Reduced Duty-Free Spending
Discover how Kering's growth in Hainan is affected by declining duty-free spending. Explore the challenges facing luxury brands in this key market.
Hainan Duty-Free Sales Plummet by 29.3% in 2024
Duty-free sales in Hainan, China, experienced a significant drop of 29.3% in 2024, reaching 30.94 billion yuan. The number of shoppers also declined by 15.9% to 5.683 million.
Alibaba Sells Sun Art Shares to Refocus on Core Online Business
Alibaba Group shifts strategy by selling its Sun Art Retail Group shares, emphasizing its commitment to enhancing its core online business operations.
Walgreens Boots Alliance to Go Private After Dow Exit
Walgreens Boots Alliance (WBA) faces restructuring challenges and exits Dow Jones Industrial Average in February 2024, planning a move to go private.