A handful of Toys “R” Us stores will go on the block this week — and they are generating attention among retailers and real estate firms, alike.
Category Archives: CONSUMER GOODS
The National Retail Federation named Doug McMillon, CEO of Walmart, The Visionary at the NRF Foundation Gala on Sunday, honoring him for his contribution to the retail industry.
Target is bringing its first small-format store to the Dallas area next summer. The store will open in Preston Center in Dallas near upscale shoppers in Preston Hollow and the Park Cities.
From meatless meats to digital twins, the latest “emerging trends” identified by Goldman Sachs Group Inc. include technologies and investing strategies that have been around for a while. “What happens when everything old becomes new again?” the bank asked Wednesday in the second edition of its “Outsiders” series, meant to help investors “separate the hype from reality.”
How many retail experts predicted Amazon’s blockbuster acquisition of Whole Foods Market? Based on news reports, one: Scott Galloway, the outspoken and often renegade professor of marketing at New York University’s Stern School of Business. Judging from the shockwaves the announcement created, most never saw it coming.
The U.S. economy expanded at a slower pace in the fourth quarter, as previously reported, and appeared to remain on a moderate growth path as President Donald Trump took office with a promise to reinvigorate manufacturing and protect jobs.
Cyber Monday set a new record for online sales, racking up $3.45 billion, according to Adobe Digital Insights. The National Retail Federation said more people shopped online throughout Black Friday weekend than in physical stores. But there are some stores bucking the trend. Take TJ Maxx and Marshalls, owned by parent company TJX Cos. Inc. They’re a rarity in the retail universe: stores that don’t care about online sales because their businesses are based on the real-life retail experience.
The holiday shopping season is often a peak for retailers’ sales. But the flipside to that boom is it leads to peak returns season – costing retailers billions to handle unwanted, used or damaged goods each year.
U.S. retail sales rose more than expected in October as households bought motor vehicles and a range of other goods, pointing to sustained economic strength that could allow the Federal Reserve to raise interest rates next month. The Commerce Department said on Tuesday retail sales increased 0.8 percent last month, also boosted by demand for building materials likely as households cleaned up and made repairs in the wake of Hurricane Matthew.
U.S. consumer spending rose more than expected in September as households boosted purchases of motor vehicles and inflation increased steadily, which could bolster expectations of an interest rate hike from the Federal Reserve in December.