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Bed Bath & Beyond to Close 150 Stores, Raises New Financing : Home-goods chain says it also will cut about 20% of corporate and supply-chain staff
wsj.com/articles/bed-bath-beyond-shares-tumble-on-plans-to-issue-stock-11661945232
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Bed Bath & Beyond to Close 150 Stores, Raises New Financing : Home-goods chain says it also will cut about 20% of corporate and supply-chain staff
wsj.com/articles/bed-bath-beyond-shares-tumble-on-plans-to-issue-stock-11661945232
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Volvo Cars core operating profits rise in first quarter on higher retail sales: Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter ...
cnbc.com/2024/04/24/volvo-cars-core-operating-profits-rise-in-first-quarter-on-higher-retail-sales.html
Retail warns of ghost towns: 5000 store closures threatened in 2025 alone: It's not just the Galeria insolvency that is increasing uncertainty in the retail ...
n-tv.de/wirtschaft/5000-Geschaeftsschliessungen-drohen-allein-2025-article24895286.html
Colchester new Home Bargains store to be 'biggest' in city: The country-wide chain, which already has a site at Turner Rise Retail Park, has revealed its plans ...
gazette-news.co.uk/news/24270957.home-bargains-open-new-site-colchester-old-b-q-site/
NextEra Energy, Inc. 2024 Q1 - Results - Earnings Call Presentation: The following slide deck was published by NextEra Energy, Inc.
seekingalpha.com/article/4685270-nextera-energy-inc-2024-q1-results-earnings-call-presentation
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Kopin Corporation: Adverse Jury Verdict Likely To Cause Concern Warning - Sell: Kopin shares sold off after the company disclosed a surprise court loss in its ...
seekingalpha.com/article/4685473-kopin-corporation-adverse-jury-verdict-likely-to-cause-concern-warning-sell
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Supermarket of the Year 2024 - The winners have been decided!: In a brilliant finale, the LP won the “Supermarket of the Year” event at the leading industry ...
lebensmittelpraxis.de/handel-aktuell/39950-supermarkt-des-jahres-2024-die-sieger-stehen-fest.html
Packaging Corporation of America: After A Great Run Up, It's Time For A Downgrade
seekingalpha.com/article/4684997-packaging-corporation-of-america-stock-after-great-run-up-time-for-downgrade-hold
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MITRE says state hackers breached its network via Ivanti zero-days: The MITRE Corporation says a state-backed hacking group breached its systems in January 2024 ...
bleepingcomputer.com/news/security/mitre-says-state-hackers-breached-its-network-via-ivanti-zero-days/
Walgreens embarks on another round of layoffs: The Deerfield-based company has been cutting jobs every few months over the last year.
chicagotribune.com/2024/04/16/walgreens-layoffs/
Equity Bancshares, Inc. 2024 Q1 - Results - Earnings Call Presentation: The following slide deck was published by Equity Bancshares, Inc.
seekingalpha.com/article/4684235-equity-bancshares-inc-2024-q1-results-earnings-call-presentation
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Sterling wavers as markets gauge reported Israeli attack on Iran: The pound was little changed on Friday after falling to a five-month low against the dollar in ...
reuters.com/markets/currencies/sterling-wavers-markets-gauge-reported-israeli-attack-iran-2024-04-19/
GM and Ford count on gas-powered trucks as EV growth slows: U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter ...
reuters.com/business/autos-transportation/gm-ford-count-gas-powered-trucks-ev-growth-slows-2024-04-19/
‘Blowout’ US retail sales shake bond and currency markets: Government debt sells off and dollar gains as latest sign of hot economy cools hopes of interest rate ...
ft.com/content/c2879370-192c-438b-ba01-7a99788f459a
Kia UK hosts dealers at its new Kia Academy in Derby: Kia UK hosted an event at its new Kia Academy in Derby on 16 April which saw dealers including Acorn Motor ...
motortrader.com/motor-trader-news/automotive-news/kia-uk-dealers-reflect-equity-diversity-inclusion-18-04-2024
US retail sales beat expectations, boost first-quarter growth estimates: U.S. retail sales increased more than expected in March amid a surge in receipts at ...
reuters.com/markets/us/us-retail-sales-beat-expectations-march-2024-04-15/
IWO: Unconvincing Small Cap Growth ETF: iShares Russell 2000 Growth ETF (IWO) holds 1000+ stocks of the Russell 2000 Index with relative high growth and ...
seekingalpha.com/article/4684993-iwo-unconvincing-small-cap-growth-etf
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BUZZ Investing: Echoes Of 'Mission Accomplished' Amid Inflation Battle: Domestic stock markets changed little during the recent period between Index selection ...
seekingalpha.com/article/4683294-buzz-investing-echoes-of-mission-accomplished-amid-inflation-battle
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Commentary: Bought the wrong trousers? More retailers don't want you to return them
channelnewsasia.com/commentary/us-online-retail-return-policy-refund-waste-transport-4285776
UK retail sales stagnate despite easing inflation: British retail sales stagnated in March despite high inflation easing recently, representing the first time ...
reuters.com/world/uk/uk-retail-stagnated-again-march-ons-says-2024-04-19/
Westfield operator to waive a week's rent for tenants after attack: Normal trade will resume tomorrow, while doors will open for a "day of reflection" ...
9news.com.au/national/bondi-stabbing-spree-westfield-to-reopen-day-of-reflection/2162ffa5-cb3f-4ca5-8323-af44aac02dd9
Thailand's Central buys German luxury retail property KaDeWe
reuters.com/markets/deals/thailands-central-group-buys-kadewe-property-say-industry-sources-2024-04-12/
TJ Maxx applicant in disbelief after learning of $12 minimum wage: 'Not taking that f--king job'
nypost.com/2024/04/16/lifestyle/job-applicant-refuses-tj-maxx-post-after-learning-of-12-an-hour-pay-not-taking-that-f-king-job/
China GDP rises 5.3%, but it doesn't mean the economic pain is over: March retail sales and industrial output fell short of forecasts. First-quarter new home ...
businessinsider.com/china-economy-first-quarter-gdp-growth-but-pain-not-over-2024-4
Dollar rises to 5-month high, puts heat on yen; GDP data boosts yuan
reuters.com/markets/currencies/dollar-firms-after-hot-retail-sales-yen-languishes-china-data-awaited-2024-04-16/
Hedin hits the acquisition trail in Europe: Hedin Mobility, the Swedish company headed by Anders Hedin (pictured), has expanded again with the purchase through a ...
motortrader.com/motor-trader-news/automotive-news/hedin-hits-acquisition-trail-europe-19-04-2024
Tesco accused of undercutting local shops via its wholesale business: Independent shopkeepers say prices they pay at supermarket’s cash-and-carry arm Booker are ...
theguardian.com/business/2024/apr/22/tesco-accused-of-undercutting-local-shops-via-its-wholesale-business
WhoCanFixMyCar appoints new hires to senior leadership team: WhoCanFixMyCar has appointed two new hires to its Senior Leadership team. Craig Livings joins as ...
motortrader.com/motor-trader-news/automotive-news/whocanfixmycar-appoints-new-hires-senior-leadership-team-18-04-2024
Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again
cnbc.com/2024/04/12/nike-ceo-acknowledges-it-went-too-far-in-direct-push.html
Quick Glance: Nike CEO Acknowledges Shift from Direct Sales Focus
- Nike CEO John Donahoe acknowledged that the company deviated too far from wholesale partners like Macy's and DSW in its pursuit of primarily selling products through its own stores and website.
- Over recent years, Nike has actively worked on restructuring its business model. Initially focused on selling sneakers and clothing in department stores and specialty shops, the brand now generates the majority of its revenue through direct-to-consumer sales.
- This transition enabled Nike to significantly increase revenue and enhance customer insights through data analysis. Donahoe stated that Nike has tripled its mobile and digital business in the past four years.
- Some analysts view Nike's avoidance of wholesale partners as a misstep that hindered the company's progress in innovation and product development.
Evercore consumer dealmaker Taetle is leaving the bank, sources say: Adam Taetle, a senior managing director at Evercore who advised on several transactions in ...
reuters.com/business/finance/evercore-consumer-dealmaker-taetle-is-leaving-bank-sources-say-2024-04-19/
Destiny Tech100 Inc. Rose 800% In Just Days, So Here's A Closer Look At It: Destiny Tech100 Inc. experienced significant price volatility, reaching a peak of ...
seekingalpha.com/article/4682523-destiny-tech100-inc-dxyz-rose-800-percent-in-just-days-a-closer-look
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Peter Waddell to 'take big fight with Freshstream to High Court': Peter Waddell, founder of Big Motoring World has vowed to take legal action against ...
motortrader.com/motor-trader-news/automotive-news/peter-waddell-take-big-fight-freshstream-high-court-15-04-2024
British retail sales stagnate as shoppers cut back on groceries: Economists had expected 0.3% growth in March
ft.com/content/d9995f34-4f7e-4ed1-a157-19ed9601d41a
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Supermarket of the Year 2024 - Nominees in the category chain stores up to 3,000 sqm
lebensmittelpraxis.de/zentrale-management/39883-supermarkt-des-jahres-2024-nominierte-in-der-kategorie-filialisten-bis-3-000-qm.html
A Day in the Life of a Walmart Manager Who Makes $240,000 a Year: Nichole Hart walks 20,000 steps as she searches for super glue, encounters a disappointed Snoop ...
wsj.com/business/retail/a-day-in-the-life-of-a-walmart-manager-who-makes-240-000-a-year-3248037f
FTSE 100 Set to Resume Rise Closer to Record
bloomberg.com/news/live-blog/2024-04-09/ftse-100-what-s-moving-uk-markets-right-now-markets-today
Meridian: High Dividend Yield With A Positive Earnings Outlook (Rating Upgrade): Now that we’re on the verge of a down-rate cycle, chances are high that the ...
seekingalpha.com/article/4682605-meridian-high-dividend-yield-with-positive-earnings-outlook-rating-upgrade
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Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18
qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907
L.L.Bean announces layoffs, reduced call center hours due to online shopping surge
nypost.com/2024/04/17/business/ll-bean-announces-layoffs-reduced-call-center-hours/
Dollar Tree hiking prices as high as $7, but some Long Island customers say they'll stay loyal
newsday.com/business/dollar-tree-raising-prices-7-family-dollar-a634a4cx
Home Bargains to open new site in Colchester at old B&Q site: Popular store Home Bargains is preparing to launch what will be its biggest site in Colchester ...
gazette-news.co.uk/news/24269913.home-bargains-open-new-site-colchester-old-b-q-site/
How to claim the $500 Walmart might owe you: Walmart resolved allegations of overcharging customers in a $45 million settlement that could mean payouts up to ...
businessinsider.com/how-to-claim-the-500-walmart-might-owe-you-2024-4
Disappointing Q1 for retail: Retail commerce turnover in the first quarter of 2024 was disappointing, according to traders’ estimates.
ekathimerini.com/economy/1235662/disappointing-q1-for-retail/
Markets round-up: Escalating Middle East tensions deepen weekly slump: Global markets are poised for a third consecutive weekly decline as tensions rise in the ...
euronews.com/business/2024/04/19/markets-round-up-escalating-middle-east-tensions-deepen-weekly-slump
Apple Store Employees in New Jersey File to Unionize: Apple employees at the Apple Store in Short Hills, New Jersey have petitioned to unionize ...
macrumors.com/2024/04/10/apple-store-new-jersey-union-filing/
As Eid approaches, beware of rise in cyberattacks - News | Khaleej Times: GCC witnesses major rise in attacks as experts advise on protection options
khaleejtimes.com/business/tech/as-eid-approaches-beware-of-rise-in-cyberattacks
From Cubicle to Corporate Icon, Costco Finance Chief Ends 40-Year Run: Richard Galanti has stepped down as CFO after nearly four decades in the role ...
wsj.com/articles/from-cubicle-to-corporate-icon-costco-finance-chief-ends-40-year-run-52e986d1
Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18
qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907
99 Cents Only Stores to close all 371 spots in 'extremely difficult decision,' CEO says
usatoday.com/story/money/retail/2024/04/04/99-cents-only-stores-closing-all-locations/73212030007/
Quick Glance: 99 Cents Only to Close All 371 Stores and Cease Longstanding Business
- After more than four decades, 99 Cents Only will close all 371 of its stores and cease its business operations.
- The decision was made due to various challenges, including the COVID-19 pandemic, shifting consumer demand, inflationary pressures, and increasing levels of shrinkage.
- The closure of 99 Cents Only reflects a broader weakness in the dollar-store category, with other major retailers also announcing store closures.
- Established in 1982 in Los Angeles, 99 Cents Only was a trailblazer in single-price retail and faced pressure from rising wages and competition from larger chains.
On National Beer Day 2024, the US is drinking more Modelo than Bud Light as NA brews rise
usatoday.com/story/money/2024/04/06/national-beer-day-2024-history-facts-sales/73225409007/
The Best Mattress Toppers: After 300 hours sleeping on 17 models, we’ve chosen four memory-foam, latex, and fiber-filled mattress toppers ...
nytimes.com/wirecutter/reviews/best-mattress-toppers/
‘Our margins are threadbare’: UK’s craft beer scene says it’s on the brink: Small brewers are being squeezed, with a flurry of insolvencies hitting the sector ...
theguardian.com/business/2024/apr/08/uk-craft-beer-sector-financial-hurdles
Dollar stores are shutting down across America. They did this to themselves: These are tough times for two big US dollar store chains. In the past month ...
cnn.com/2024/04/11/business/family-dollar-99-cents-only-closing/
Retail sales jumped 0.7% in March, much higher than expected: Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus ...
cnbc.com/2024/04/15/retail-sales-jumped-0point7percent-in-march-much-higher-than-expected.html
Is the $139 Amazon Prime Subscription Still Worth It?: Over the past half decade, fees have crept up—while perks have gone away.
wsj.com/tech/personal-tech/is-the-139-amazon-prime-subscription-still-worth-it-83a597c7
Is the US banning TikTok? Your key questions answered: A measure to outlaw TikTok is on its way to President Biden for his signature. So what does this mean for ...
richmond.com/news/nation-world/government-politics/tiktok-ban-congress-things-to-know/article_9b487ab0-428c-549e-af91-97e841e96f09.html
Quick Glance: Measures Against TikTok: Biden Sets Deadline for Sale
- President Biden has signed legislation requiring ByteDance to fully divest from TikTok within a year or potentially face a nationwide ban.
- This action poses a significant challenge to the future of the video-streaming app in the U.S. and escalates the technological conflict between America and China.
- TikTok plans to take legal action against the Biden administration, citing concerns that the law could impede the free speech of millions of Americans.
- This requirement was incorporated into a bill providing foreign aid for Israel, Ukraine, and Taiwan, mandating ByteDance to sell its stake in TikTok within 12 months under the threat of closure.
RMG export to US down 19% in January-February: Garment exports to the US declined 19.24% to $1.18 billion in January and February
thedailystar.net/business/news/rmg-export-us-down-19-january-february-3583331
Iceland's new Food Warehouse to give away loads of free food: The new Food Warehouse store will be opening on the retail park
kentlive.news/news/kent-news/icelands-new-food-warehouse-ashford-9215050
Comment on Galeria: Watch out, seller is coming: Attention, salesman coming: Thomas Middelhoff, Nicolas Berggruen, René Benko and now the new investors at ...
sueddeutsche.de/wirtschaft/galeria-einzelhandel-benko-1.6544781
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2 million Black+Decker steamers were recalled because people were getting burned: Empower Brands had previously issued a recall for the same steamers in November ...
qz.com/black-decker-steamers-recall-burn-hazard-refund-1851390466
McDonald’s to buy back all franchises in Israel: McDonald’s announced Thursday that Omri Padan, the CEO and owner of Alonyal Limited, would be selling its ...
trib.al/Rc8g1nW
Quick Glance: McDonald's Acquisition of Israeli Franchise Amid Boycotts
- McDonald's acquires 30-year-old Israeli franchise from Alonyal, taking over 225 outlets with over 5,000 employees.
- The decision came after boycotts and protests following Alonyal's announcement of donating free meals to the Israeli military.
- CEO Kempczinski reports business impact in the Middle East and other markets due to the Israel-Hamas conflict.
- Other prominent US fast-food chains like Starbucks and Domino's have also faced boycott campaigns and revenue declines amid conflicts in the region.
Dollarama Inc. 2024 Q4 - Results - Earnings Call Presentation: The following slide deck was published by Dollarama Inc.
seekingalpha.com/article/4682164-dollarama-inc-2024-q4-results-earnings-call-presentation
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Jaguar Health, Inc. (JAGX) Q4 2023 Earnings Call Transcript: Jaguar Health, Inc. (NASDAQ:NASDAQ:JAGX) Q4 2023 Earnings Call Transcript April 1 ...
seekingalpha.com/article/4681509-jaguar-health-inc-jagx-q4-2023-earnings-call-transcript
Avicanna Inc. (AVCNF) Q4 2023 Earnings Call Transcript: Avicanna Inc. (OTCQX:AVCNF) Q4 2023 Earnings Call Transcript April 2, 2024 8:30 AM ETCompany ...
seekingalpha.com/article/4681734-avicanna-inc-avcnf-q4-2023-earnings-call-transcript
TriSalus Life Sciences, Inc. (TLSI) Q4 2023 Earnings Call Transcript: TriSalus Life Sciences, Inc. (NASDAQ:NASDAQ:TLSI) Q4 2023 Earnings Conference Call April 1 ...
seekingalpha.com/article/4681511-trisalus-life-sciences-inc-tlsi-q4-2023-earnings-call-transcript
PLBY Group, Inc. (PLBY) Q4 2023 Earnings Call Transcript: PLBY Group, Inc. (NASDAQ:NASDAQ:PLBY) Q4 2023 Earnings Conference Call March 27 ...
seekingalpha.com/article/4680878-plby-group-inc-plby-q4-2023-earnings-call-transcript
Two bidders in talks to buy German retail giant Galeria: The insolvency manager of German department store giant Galeria Karstadt Kaufhof said on Tuesday it will ...
reuters.com/markets/deals/two-bidders-talks-buy-german-retail-giant-galeria-2024-03-26/
Quick Glance: Survivors of Baltimore Bridge Collapse: Workers in Their Cars
- Julio Cervantes survived bridge collapse, others missing or dead
- Construction workers were in their cars when ship hit bridge
- Two bodies found, four missing, presumed dead
- President Biden promises bridge reconstruction
Universal Display Corporation: Growth Is Set To Return, But Risks Should Be Considered
seekingalpha.com/article/4681431-universal-display-corporation-stock-growth-set-to-return-but-risks-should-consider-maintain-hold
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Ex-Minnesota Gov. Jesse Ventura says he will sell cannabis edibles: Former Minnesota Gov. Jesse Ventura has announced he is entering the cannabis market as a ...
apnews.com/article/jesse-ventura-minnesota-cannabis-marijuana-edibles-19f23b681f71e8962a126854de7d7911
Amazon to Remove ‘Just Walk Out’ Checkout Technology at U.S. Grocery Stores: The system uses cameras and sensors to charge customers after they leave stores.
wsj.com/business/retail/amazon-to-remove-just-walk-out-checkout-technology-at-u-s-grocery-stores-10869555
Bus carrying Easter worshippers falls off cliff killing 45 people in South Africa
cnn.com/2024/03/28/africa/bus-carrying-easter-worshippers-falls-of-cliff-intl/
Quick Glance: Child (8) Sole Survivor in South Africa Bus Crash Tragedy
- A bus crash in South Africa resulted in the death of 45 people after the vehicle plunged off a bridge and caught fire upon impact with the ground.
- An eight-year-old child, the only survivor, is currently receiving medical treatment at a nearby hospital.
- The tragic incident occurred near Mamatlakala in the Limpopo province, where the driver lost control, crashed into barriers on the bridge, and caused the bus to go over the edge and ignite.
- Rescue operations persisted into late hours, with some victims burned beyond recognition and others trapped in debris or scattered at the scene.
Acuity Brands, Inc. (AYI) Q2 2024 Earnings Call Transcript: Acuity Brands, Inc. (NYSE:NYSE:AYI) Q2 2024 Results Conference Call April 3, 2024 8:00 AM ETCompany ...
seekingalpha.com/article/4681985-acuity-brands-inc-ayi-q2-2024-earnings-call-transcript
Sprinklr, Inc. (CXM) Q4 2024 Earnings Call Transcript: Sprinklr, Inc. (NYSE:NYSE:CXM) Q4 2024 Earnings Conference Call March 27, 2024 5:00 PM ETCompany ...
seekingalpha.com/article/4680884-sprinklr-inc-cxm-q4-2024-earnings-call-transcript
Dollar Tree to increase max price in stores to $7, reports higher income shoppers
usatoday.com/story/money/retail/2024/03/25/dollar-tree-7-dollars-price-increase/73099172007/
S.Korea Feb factory output rises most in six months, retail sales drop: South Korea's factory production rose in February by the fastest pace in six months ...
reuters.com/markets/asia/skorea-feb-factory-output-rises-most-six-months-retail-sales-drop-2024-03-28/
Home Depot is buying a roofing company for $18 billion — its biggest deal ever: The retailer says its total addressable market is now about $1 trillion
qz.com/home-depot-is-buying-a-roofing-company-1851371426
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Trump Gets Into the Meme-Stock Business: How the ex-president’s social-media platform became the new Bed Bath & Beyond
theatlantic.com/politics/archive/2024/03/trump-gets-meme-stock-business/677895/
Quick Glance: Trump's Truth Social Stock Surges Despite Company Losses
- Shares of Donald Trump's social media platform Truth Social have seen a significant increase in their first days of trading.
- Despite the company's lack of profit and meager quarterly revenue, it has been valued at over $8 billion.
- Experts suggest that the stock surge is driven more by Trump's political supporters than financial fundamentals.
- While the future of Truth Social remains uncertain in the competitive social media industry, it may serve as a platform for Trump's future media ventures.
Xtant Medical Holdings Inc. (XTNT) Q4 2023 Earnings Call Transcript: Xtant Medical Holdings Inc. (NYSE:NYSE:XTNT) Q4 2023 Earnings Conference Call April 1 ...
seekingalpha.com/article/4681507-xtant-medical-holdings-inc-xtnt-q4-2023-earnings-call-transcript
UDR Inc.: Buy Quality Assets At A Discount: UDR Inc. is an undervalued multifamily REIT with a strong balance sheet and quality locations ...
seekingalpha.com/article/4680993-udr-inc-buy-quality-assets-at-a-discount
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