Tag: Retail – Discretionary

Macy’s said on Sunday it had rejected Arkhouse Management and partner Brigade Capital Management’s $5.8 billion proposal to take the department store operator private, citing concerns over deal financing and valuation.

 U.S. department store chain Macy’s (M.N), opens new tab is cutting 2,350 jobs and closing five stores, as it aims to streamline its operations, a company spokesperson told Reuters on Thursday.

Amazon Web Services said Friday it will invest 2.3 trillion yen ($15 billion) in Japan by 2027 to expand its cloud infrastructure in Tokyo and Osaka to meet growing demand.

 Cartier owner Richemont , opens new tab enjoyed a surge in sales in China in its latest quarter, signalling on Thursday the resilience of the high end of the luxury market and sending shares of the Swiss watch and jewellery maker sharply higher.

Oι πωλήσεις του Ομίλου JUMBO κατά τη διάρκεια του 2023, αυξήθηκαν κατά +14% περίπου σε σχέση με το 2022, ξεπερνώντας το φράγμα του 1 δισεκατομμυρίου και της εκτίμησης της διοίκησης, για αύξηση του τζίρου κατά +12%.

British retailer Marks & Spencer  on Thursday reported a better-than-expected 8.1% rise in sales over the Christmas trading period, driven by market-leading growth in food and a strong performance in womenswear.

Two of Britain’s biggest retailers recorded bumper grocery sales over Christmas as inflation-hit consumers focused their spending on food rather than gifts.

Σε μια νέα επένδυση στον τομέα της ενέργειας με την έναρξη της νέας χρονιάς προχώρησε η Quest Holdings.

Την αύξηση και ταυτόχρονη ισόποση μείωση του μετοχικού κεφαλαίου της εταιρείας με αυξομείωση της ονομαστικής αξίας της μετοχής και την επιστροφή κεφαλαίου ύψους 0,07 ευρώ ανά μετοχή, αποφάσισε τη τακτική Γενική Συνέλευση των μετόχων της εταιρείας Φίλιππος Νάκας.

U.S. retailers saw sales during the holiday season rise 3.1%, excluding autos, over the same period a year ago, according to the latest Mastercard SpendingPulse report.

Στη διαγραφή της μετοχής της Folli-Follie από το ταμπλό στις 29 Δεκεμβρίου, μετά από χρόνια κατά τα οποία βρίσκεται σε αναστολή διαπραγμάτευσης, προχωρά το Χρηματιστήριο Αθηνών, όπως ανακοίνωσε η ΕΧΑΕ.

Macy’s Inc. shares soared early Monday after a report that an investor group is seeking to buy the department-store chain for nearly $6 billion and take it private.

Με σταθερό βηματισμό και πιστός στην πολιτική μείωσης τιμών κατά 150 προϊόντα ημερησίως, συνεχίζει την αναπτυξιακή πορεία του ο Όμιλος JUMBO, πρωταγωνιστώντας παράλληλα στην προσπάθεια αποκλιμάκωσης των τιμών στην πράξη.

Ulta Beauty on Thursday raised the lower end of its full-year profit and sales forecasts helped by buoyant demand for luxury skincare and fragrances and also said its longtime CFO Scott Settersten will retire in April next year.

Dollar Tree  stock was dropping Wednesday after the discount retailer narrowed its fiscal 2023 guidance on soft demand trends and reported third-quarter earnings below Wall Street expectations.

Foot Locker beat third-quarter earnings and sales expectations.

Early Black Friday sales data pointed to a healthy start to the holiday shopping season—at least online.

MADRID, Nov 27 (Reuters) – Amazon reached an agreement with most of its workers in Spain on Monday, avoiding the full impact of a planned one-hour strike per shift on one of the busiest online shopping days of the year, according to local union group CCOO and the company.

Foot Locker stock tumbled on Monday after analysts at Citi downgraded the shoe and sportswear retailer, citing multiple reasons for caution and a share price that had already exceeded their price target.

Alibaba Group Holding Ltd. is taking the first steps toward revamping its cloud business by overhauling its leadership, aiming to revive growth and ride an AI boom after canceling a much-anticipated spinoff of the $11 billion unit.