Eurozone retail sales rise just 0.1% in August, missing 0.2% estimates as fuel spending slumps
The weak euro area reading, dragged by a sharp drop in fuel sales, reinforces concerns about sluggish consumer demand in the bloc.
FXStreet · +13 outlets
Uber Eats to acquire catering platform ezCater for $2.3B
The deal expands Uber Eats' large-order catering business, a segment it has flagged as a growing opportunity in recent quarters.
Restaurantdive · +14 outlets
ASOS shares slide after hackers target the online retailer
The cyberattack adds operational and reputational risk for the struggling fast-fashion e-commerce firm.
Reuters · +14 outlets
US luxury spending falls 6% in September, third straight monthly decline, credit card data shows
The pullback in high-end purchases, ahead of the midterms, signals softening discretionary demand among affluent US consumers.
KELO-AM · +7 outlets
India's Trent gains $1.8B in market value as store expansion pays off, Q2 revenue up 23%
Shares surged about 11% after strong quarterly revenue growth, with brokerages turning bullish on the fast-fashion retailer's expansion strategy.
Reuters · +3 outlets
Target brings back Simply Shabby Chic home goods in merchandise overhaul
The relaunch follows the earlier return of designer Isaac Mizrahi as Target reworks its merchandise under CEO Brian Cornell's turnaround effort.
Retaildive · +3 outlets
Nike digital sales fall 13% in Q1 as retailer plans job cuts
The decline in online revenue and planned layoffs point to continued pressure on the sportswear maker's turnaround.
Digital Commerce 360 · +6 outlets
Target's turnaround shows early success, but holiday quarter looms as the real test
Recent quarters pleased analysts, but delivering consistency and value in Q4 will determine whether the mass retailer's recovery holds.
Retaildive · +2 outlets
Lululemon revises full-year guidance again, drawing analyst debate on margins
A second guidance cut heightens scrutiny of the yoga-apparel maker's growth trajectory and margin outlook.
Kalkine Media · +2 outlets
Amazon, Walmart and Target kick off competing October sales events ahead of the holidays
The early and overlapping discount events reflect retailers competing for stretched consumers well before Black Friday.
The Points Guy · +14 outlets
Walmart defends dynamic pricing practices, says it will not renew key scan-and-go patent
The retailer is responding to activist scrutiny of technologies that could personalize prices paid by shoppers.
Retaildive · +3 outlets
Mattel faces another investor push for potential sale as Ariel Investments urges strategic review
The activist call adds pressure on the toymaker to explore a sale, asset divestiture, or merger.
Retaildive · +8 outlets
AI chatbots recommend Walmart more than other retailers, analyst study finds
Walmart and Costco dominate citations by AI agents, suggesting early advantages in the emerging AI-driven shopping funnel.
MarketWatch · +2 outlets
Walmart expands retail media network with Spotify ads and new partnerships
Walmart DSP is adding Spotify inventory and outcome tracking across 4,600+ stores as it scales advertising beyond its own properties.
Chain Store Age · +1 outlets
Albertsons retail media chief Brian Monahan departs suddenly
The abrupt exit of the head of the grocer's advertising business raises questions about its retail media strategy.
Mass Market Retailers · +2 outlets
True Food Kitchen files for Chapter 11 bankruptcy
The restaurant chain plans to sell itself to a long-term partner as it restructures under court protection.
Restaurantdive · +14 outlets
Nissan's US comeback reaches 19 straight months of sales growth
The automaker says it is the fastest-growing mainstream brand in the US, extending a sustained run despite a competitive market.
Autoblog · +1 outlets
US e-commerce expected to outpace overall retail holiday sales growth
Online shopping's share of holiday spending is projected to grow again, with much of the gains driven by price discounting.
World Footwear