Retail Industry
The Latest
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Home Depot Beat Estimates As Investments Start To Pay Off
Home Depot's fiscal fourth-quarter earnings managed to beat analysts' estimates partly due to its strong holiday performance and above-average appliance sales. Home Depot's fiscal fourth-quarter earnings managed to beat analysts' estimates partly due to its strong holiday performance and above-average appliance sales. -
British Retailer Tesco Completes China Exit With $357 Million Stake Sale
Tesco has sold its remaining stake in its Chinese joint venture company to its state-owned partner China Resources Holdings for $357 million. Tesco has sold its remaining stake in its Chinese joint venture company to its state-owned partner China Resources Holdings for $357 million. -
Costco Acquires New Property For Second Store In China
Costco, through its wholly-owned subsidiary Pudong Warehouse Development Limited, was able to win a $128 million bid for a parcel of land located in the Kangqiao industrial area of Shanghai's Pudong district. Costco, through its wholly-owned subsidiary Pudong Warehouse Development Limited, was able to win a $128 million bid for a parcel of land located in the Kangqiao industrial area of Shanghai's Pudong district. -
Alibaba Group Beat Analysts' Estimates For Latest Quarter Earnings
The surge in the company's sales in its fiscal third-quarter ending in December was bolstered by its record sales during the Single's Day shopping festival. The surge in the company's sales in its fiscal third-quarter ending in December was bolstered by its record sales during the Single's Day shopping festival. -
Bed Bath & Beyond Shares Dip As Sales Numbers Continue To Decline
Bed Bath & Beyond's share prices tumbled by more than 17 percent following worse-than-expected sales numbers for both December and January. Bed Bath & Beyond's share prices tumbled by more than 17 percent following worse-than-expected sales numbers for both December and January. -
Simon Property Group To Buyout Taubman Centers In $3.6 Billion Deal
Simon Property Group has agreed to acquire Taubman Centers, paying it $52.50 per share, in a deal with an estimated value of $3.6 billion. Simon Property Group has agreed to acquire Taubman Centers, paying it $52.50 per share, in a deal with an estimated value of $3.6 billion. -
US Retail Industry Braces For More Bankruptcies in 2020
The U.S. retail industry continues to see a run of bankruptcies as competition from online retailers rage. The U.S. retail industry continues to see a run of bankruptcies as competition from online retailers rage. -
India Minister Publicly Scoffs At Amazon's $1 Billion Pledge
Indian trade minister Piyush Goyal mentioned that Amazon's $1 billion investment isn't doing the country any favors given how much it has managed to disrupt its retail industry. Indian trade minister Piyush Goyal mentioned that Amazon's $1 billion investment isn't doing the country any favors given how much it has managed to disrupt its retail industry. -
Tesco's $10 Billion Thailand Deal Under Threat From Regulatory Action
Tesco's plan to sell its close to 2,000 stores in Thailand and Malaysia could be facing a big hurdle as Thailand's anti-competition regulators have stepped in to ensure that the deal doesn't break any laws. Tesco's plan to sell its close to 2,000 stores in Thailand and Malaysia could be facing a big hurdle as Thailand's anti-competition regulators have stepped in to ensure that the deal doesn't break any laws. -
Target Reports Disappointing 2019 Holiday Season Sales
Target's worse-than-expected 2019 holiday season sales managed to result in a drop in its share prices. Target's worse-than-expected 2019 holiday season sales managed to result in a drop in its share prices.