Retail industry


Karthik Balagopalan To Replace Abhishek Ganguly As MD Of Puma India

Banking - Published date: .

Ganguly had been the MD of the company since 2014 and is leaving to pursue 'a career as an entrepreneur in his own ventu... Read more

Indian Retail Industry To Reach $2 Trn By 2032: Reliance's Subramaniam V

Banking - Published date: .

The Indian retail market is one of the fastest growing in the world and is expected to reach USD 2 trillion by 2032, acc... Read more

Retail Electronics Firms Scale Up Inventory, Anticipating Demand Surge Soon

Banking - Published date: .

This buildup is owing to the fact that demand peaked before Diwali and then drastically declined afterwards due to high ... Read more

Jim Cramer's Investing Club Meeting Friday: Stocks Rise, Constellation, Wells Fargo

Breaking - Published date: .

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. Read more

Wont Let You Stall Amazon Arbitration, SC Tells Future

World - Published date: .

Apex court calls out retailer for filing over 200 petitions to stall proceedings.Chief Justice lists matter for further ... Read more

Consumer Demand May Rebound In Q2 This Fiscal: Trent Chairman Noel N Tata

Banking - Published date: .

Customer demand should rebound strongly, possibly from the second quarter onwards, said Trent Chairman Noel N Tata, thou... Read more

PC Jeweller Reports Rise In Consolidated Q3 PAT At Rs 129.64 Crore

Banking - Published date: .

Jewellery manufacturer and retailer PC Jeweller on Friday reported a surge in consolidated profit after tax at Rs 129.64... Read more

Shoppers Stop MD Rajiv Suri Puts In Papers Amid Covid-19 Challenges

Banking - Published date: .

Company to be managed by CXO committee in interim period Read more

U.S. May Retail Sales Surge 17.7% In The Biggest Monthly Jump Ever

AMERICA - Published date: .

U.S. retail sales were expected to rise 8% in May, after plunging 16.4% the prior month as retailers went into lockdown ... Read more

The Company That Saved Barneys, Forever 21 While In Bankruptcy Says It's Time To 'buy Low, Sell High'

AMERICA - Published date: .

The company that has purchased retailers such as Forever 21 out of bankruptcy is looking for buying opportunities during... Read more

Visa Sees A Pickup In Consumer Spending In May

AMERICA - Published date: .

Visa's total U.S. payments volume fell at a much slower pace in May from the previous month, indicating that consumer sp... Read more

More Than Half Of Small Businesses Are Looking To Have PPP Funds Forgiven, Survey Says

AMERICA - Published date: .

Frustrations are mounting on Main Street due to a lack of guidance from the Small Business Administration on PPP loan fo... Read more

Retail Sales Plunge A Record 16.4% In April, Far Worse Than Predicted

AMERICA - Published date: .

The biggest factor in the downturn was a collapse in clothing and accessories that amounted to an 89.3% fall from a year... Read more

10% Of Retail Demand Might Be Lost Forever

AMERICA - Published date: .

Five percent to 10% of pre-Covid-19 demand could be decimated permanently, as "lost store volume can't entirely be made ... Read more

Trump To Meet With Executives From Waffle House, Wynn, Toyota, Others To Discuss Reopening Economy

AMERICA - Published date: .

Trump has been soliciting feedback from a wide range of executives on when and how to reopen businesses that have shutte... Read more

Over 50% Of Department Stores In Malls Predicted To Close By 2021, Real Estate Services Firm Says

AMERICA - Published date: .

Department stores still represent about 60% of the anchor space within malls across the U.S. today, according to Green S... Read more

Reopening Businesses Will Be Harder Than Shutting Them Down, Says Disaster Recovery Expert

AMERICA - Published date: .

"Even in sectors where we're not used to seeing it, we're going to have to see personal protective equipment on all empl... Read more

The Economic Data Is Even Worse Than Wall Street Feared: 'The Economy Is Clearly In Ruins Here'

AMERICA - Published date: .

Consumer and manufacturing data showed the hit to the economy from the coronavirus was even swifter and deeper in the ea... Read more

Coronavirus Delivers Record Blow To US Retail Sales In March

AMERICA - Published date: .

U.S. retail sales for the month of March were expected to sink by 8.0%, after slipping 0.5% a month earlier. Read more

Restaurants Have Laid Off Thousands In Wake Of Coronavirus—but Ghost Kitchens Are Hiring

AMERICA - Published date: .

C3 is leasing shuttered restaurants and hiring 1,000 employees for its ghost kitchens in an effort to meet consumer dema... Read more