retail

The Latest

  • Toys R Us Returns With First Store Opening This Week
    Toys 'R' Us
    Toys R Us will be opening two new brick-and-mortar stores over the next few weeks, with the first one officially opening to the public on Saturday at the Unibail-Rodamco-Westfield's Garden State Plaza mall in Paramus, New Jersey.
  • Amazon To Reopen Chinese Online Store On Pindoudou Platform
    Amazon Global
    Amazon's global store on Pinduoduo will be offering more than 1,000 overseas to Chinese consumers until the end of December.
  • China's JD.com To Boost Tech Investments To Growth Revenues
    JD.com
    JD.com plans to make additional tech investment on top of the $1.9 billion it had already spend over the first three quarters of the year.
  • Nestle Said To Be Considering $1 Billion Sale Of Chinese Business
    Nestle China
    Insiders have revealed that Nestle is weighing the option of selling its ownership in its Chinese brands Hsu Fu Chi and Yinlu.
  • Chinese Consumers To Avoid US Products During Massive Singles' Day Sale
    Singles' Day shopping festival
    A survey has revealed that three in four Chinese consumers intend to avoid buying US-made products during the upcoming Singles' Day shopping event this month.
  • US Toymaker Hasbro Reports Worse-Than-Expected Profits Amid Import Tariffs
    Hasbro Earnings
    American toymaker Hasbro Inc missed hitting analysts' estimates for its quarterly profits, mainly blaming its performance on increased tariff-related costs.
  • Kroger Co Laying Off Hundreds Of Middle Management Employees To Cut Cost
    Kroger Supermarket
    Kroger is reportedly laying off hundreds of middle-management employees as part of its strategy to cut costs to improve its bottom line.
  • H&M Reports First Quarterly Profit Growth In Over Two Years
    H&M
    H&M reported a pretax profit of $507 million, a significant bump from the $410 million it reported in the same quarter last year.
  • Target Share Prices Soar Following Forecast-Beating Q2 Earnings
    Target Earnings Report
    Target upgraded its full-year forecast following the release of its better-than-expected second-quarter earnings report this week.
  • USDA Launches Pilot Program Allowing SNAP Users To Buy Groceries Online
    peanut butter
    The US Department of Agriculture has launched a new pilot program that will allow federal aid recipients to use their SNAP benefits to shop for groceries online.
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