Retail
Rite Aid stock plunges to 9-year low
Rite Aid (RAD) stock plunged to 9-year lowest of $0.61 on Thursday. Investors remained concerned on the future of the…
Report says 2018 US holiday season was best in six years
The US retail industry recorded its strongest holiday shopping season in six years, according to a report by Mastercard SpendingPulse.…
Amazon sells more items than ever before this holiday season
Amazon (AMZN) on Wednesday said it had a record-breaking holiday season, with the number of orders hitting a new peak.…
Market: US futures set to higher open after Christmas Eve meltdown
US futures are pointing to a higher open in the stock market today after ending negative on Monday. Wall Street…
Bed Bath and Beyond stock sinks to 5-year low
Bed Bath and Beyond (BBBY) stock plunged to a new five-year low of $10.46 on Monday as investors were concerned…
Brexit crisis could hurt UK retailers next year
Retailers in the UK, which are already reeling under pressure due to increased competition from online stores, are heading towards…
A tough task awaits Campbell Soup’s new CEO Mark Clouse
There is a pressing need for the food industry to innovate and adapt to the changing customer tastes. The current…
Retail Forecast: New vehicle sales in the US to dip this December
A new study shows that December this year could see a significant slide in new-vehicle retail sales in the US.…
Nike will sell cheaper self-lacing shoes next year
Nike (NKE) will launch its second-generation hi-tech self-lacing sneakers in 2019 at a cheaper price tag of $350. This was…
PepsiCo North America chief to retire, Frito-Lay and Beverages get new chiefs
PepsiCo, Inc. (PEP) announced today that its North America CEO Albert P. Carey will retire at the end of March…