ARTICLES BY THIS AUTHOR
- 11/6/2024
Bessemer Investors enters partnership with W Services Group
W Services Group, a leading tech-enabled provider of vendor-managed facility maintenance services to multi-site customers, and Bessemer Investors, a New York-based investment firm, announced that Bessemer has completed a significant investment in the company. - 11/6/2024
NRF: Holiday spending on track for steady growth; economy on ‘solid footing’
Retailers can expect steady sales growth for the upcoming holiday season despite some mixed economic signals in October. - 11/5/2024
GlobalData: Impact of Trump 2.0 on U.S. retailers
From a renewed tax cut to increased tariffs, there are positives and negatives for retail in the re-election of Donald Trump, according to Neil Saunders, managing director of retail at GlobalData, a leading data and analytics company. - 11/5/2024
NRF: Trump’s tariffs could cause ‘dramatic’ price hikes; slow consumer spending
Donald Trump’s proposed tariffs could result in much higher prices on a wide array of goods — including up to a 29% spike in footwear prices and a 31% hike in household appliances — and cost consumers $362 to $624 annually per household. - 11/5/2024
CVS Q3 revenue rises but earnings down; makes two leadership appointments
CVS Health reported mixed third-quarter results as its revenue rose but higher medical costs in its troubled health insurance arm and a big restructuring charge put pressure on its bottom line. - 11/5/2024
Calif. voters pass anti-crime measure focused on retail, residential theft
Voters in California overwhelmingly approved a ballot measure that would increase penalties for certain theft- and drug-related crimes. - 11/4/2024
Home Depot co-founder Bernie Marcus dead at 95
Bernard Marcus, the co-founder of The Home Depot and a billionaire philanthropist, has died at the age of 95. - 11/4/2024
Dollar Tree CEO in abrupt exit, cites health reasons
Dollar Tree has started the search for a new chief executive. - 11/3/2024
Parent of Vitamin Shoppe and Pet Supplies Plus files bankruptcy
Franchise Group has filed for bankruptcy with plans to shut down one of its retail banners. - 11/3/2024
Numerator: Locked-up goods can lead to lost sales
More merchandise is being locked-up to deter theft — and shoppers are taking note.