retail

Real Estate

Luxury Stores Are Bucking the Commercial Property Downturn

Photo by Christian Wiediger via Unsplash

High interest rates across the US and Europe have hurt commercial property values, but not when luxury retail is involved.

1 min read

Photo by Mike Mozart via CC BY-SA 3.0

Consumer

Walmart’s Market Cap Jumps to All-Time High After Stellar Earnings

The retail giant posted $161 billion in quarterly revenue, marking a 6% increase and beating its earlier sales target.

2 min read
Photo by Will Buckner via CC BY 2.0

Markets

Keith Gill Resurfaces, Kicks Off Another Meme-Stock Frenzy

A rare social media appearance by a well-known daytrader boosted GameStop and other stocks that gained popularity during the 2021 craze.

2 min read
Photo by Hobi Industri via Unsplash

Consumer

Brick-and-Mortar Stores Start Leaning into Online Shopping

In 2023, roughly 42% of e-commerce orders involved a store acting as a fulfillment hub or a place where consumers can pick up or return items.

1 min read

Consumer

McDonald’s May Have to Tap Out on Raising Prices

Photo by Lucas van Oort via Unsplash

First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.

1 min read

Consumer

Luxury Brands Can’t Bank on China Anymore

Photo by Dima Pechurin via Unsplash

Gucci’s parent company expects sales to slump by 10%, largely due to a downturn in Chinese demand.

2 min read

Real Estate

Soft Housing Market Is Keeping a Lid on Home Improvement Spending

Photo by Michael Form via Pexels

With home sales continuing to limp along, Home Depot and Lowe’s are reporting that do-it-yourselfers are cutting back on projects.

2 min read

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