Tag: Retail – Discretionary

Universal Music Group Expands Partnership With Amazon Music

Universal Music Group NV, the world’s largest record label, expanded its global partnership with Amazon.com Inc’s premium music service to boost fan engagement and fraud protection 

Amazon workers strike at seven US facilities ahead of Christmas rush

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush as workers protest what they say is the retailing giant’s unfair treatment of its employees.

Amazon workers strike at seven US facilities ahead of Christmas rush

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush, aiming to pressure the retailer into contract talks with their union.

RH Shares Rise 19% on Views for 4Q Revenue Growth Up to 20%

Shares of RH climbed after the furniture retailer guided for revenue growth in the fourth quarter after swinging to a profit on improved demand levels in its latest quarter.

Macy’s cuts annual profit view as weak demand overshadows holiday sales

Macy’s on Wednesday cut its annual profit forecast, sending shares down 10% as weak demand at its nameplate stores clouds its expectations for the crucial holiday shopping season.

Jumbo: Ισχυρή κερδοφορία το 11μηνο – Επιτεύξιμος ο στόχος για αυξημένες πωλήσεις 4% μέσα στο 2024

Στην καλή πορεία των οικονομικών αποτελεσμάτων κατά τον μήνα Νοέμβριο αναφέρεται σε ανακοίνωσή του ο Όμιλος Jumbo, παρά τις αντίξοες συνθήκες στο οικονομικό περιβάλλον.

Walmart, Amazon holiday spending rise as Target, Best Buy stumble, data shows

Walmart Inc., Amazon.com and fast-growing e-commerce sites Shein and PDD Holding’s Temu saw record-breaking sales on Black Friday and Cyber Monday, according to spending data, suggesting that they may finish the holiday season on a much stronger note than Target and Best Buy which struggled.

Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears

Ulta Beauty on Thursday beat Wall Street’s fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skin care.

Fourlis: Αύξηση 4,6% στις ενοποιημένες πωλήσεις, υπερδιπλασιάστηκαν τα κέρδη μετά τα δικαιώματα μειοψηφίας

Αύξηση 4,6% σημείωσαν οι ενοποιημένες πωλήσεις του ομίλου Fourlis στο εννεάμηνο του 2024 και διαμορφώθηκαν σε 407,6 εκατ. ευρώ, ενώ τα Κέρδη μετά τα Δικαιώματα μειοψηφίας υπερδιπλασιάστηκαν και ανήλθαν σε €12,0 εκ. από €5,2 εκ. το αντίστοιχο διάστημα του 2023.

Kohl’s lowers annual sales forecast again on muted holiday shopping demand

Kohl’s on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is struggling to draw in shoppers as it navigates a CEO change ahead of a promotion-heavy holiday shopping season.

Best Buy cuts annual forecasts on weak electronics demand during the holidays

Best Buy cut its annual profit and sales forecasts on Tuesday, signaling a muted holiday shopping season amid sluggish demand for pricey electronics such as televisions and home theater systems.

Macy’s delays Q3 report on accounting issue, expects weaker sales

Macy’s on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses and instead posted preliminary results in which its sales missed Wall Street expectations.

Kingfisher Narrows Down Profit Guidance After Sales Miss, Warns of Wider Pressures

Kingfisher posted worse-than-expected quarterly sales and narrowed down its guidance, while warning that macroeconomic uncertainty could hit performance further ahead.

Bath & Body Works forecasts smaller drop in annual sales on strong holiday demand

Bath & Body Works on Monday raised its forecast for full-year adjusted profit and said it expects a smaller drop in annual sales, helped by steadfast demand for its personal care products and new offerings in its stores, sending the retailer’s shares up about 12% in premarket trading.

INTRACOM: Προ των πυλών η Ευρώπη Holdings, οι υπεραξίες για τον όμιλο και ο νέος hot κλάδος

Θέμα ημερών είναι πλέον η εισαγωγή στο ταμπλό του νέου ενοποιημένου σχήματος των ΚΛΜ και Intracom Properties, που αποτελεί το last mile για την είσοδο του Ομίλου Intracom, του Σωκράτη Κόκκαλη, στον πολλά υποσχόμενο κλάδο της ιδιωτικής ασφάλισης, μέσω της προσυμφωνημένης εξαγοράς της Ευρώπη Ασφαλιστική.

Όμιλος Fourlis: Ανακοινώνει την επέκταση της Foot Locker στη Βουλγαρία με τρία νέα καταστήματα

Τα καταστήματα αυτά, τα οποία θα είναι τα πρώτα καταστήματα Foot Locker στη χώρα, αναμένεται να ανοίξουν τις πόρτες τους τον Δεκέμβριο του 2024.

Συγχώνευση Κλουκίνας – Λάππας – Intracom Properties: Ανοιξε ο δρόμος για την Ευρώπη Holdings

Εγκρίθηκε η συγχώνευση με απορρόφηση της Intracom Properties από την Ι. Κλουκίνας – Ι. Λάππας, μια κίνηση που δρομολογεί την χρηματιστηριακή πρεμιέρα της Ευρώπη Holdings, όπως ανέφερε σε εκτενές ρεπορτάζ το mononews. Η νέας και πολλά υποσχόμενη θυγατρική της Intracom,του Σωκράτη Κόκκαλη θα δώσει το όνομά της, διαδεχόμενη την εισηγμένη «Κλουκίνας-Λάππας» που συγχωνεύει και απορροφά την Intracom Properties.

‘We’re concerned’: Walmart, Lowe’s among latest companies to warn Trump tariffs could raise product costs

Major American retailers Walmart and Lowe’s raised concerns that President-elect Donald Trump’s proposed tariffs would make their products more expensive, just as consumers are beginning to recover from the impacts of inflation.

TJX raises annual profit forecast as off-price stores attract bargain hunters

TJX Cos raised its annual profit forecast on Wednesday, benefiting from lower costs and strong demand from cash-strapped customers flocking to its off-price stores for products such as apparel and footwear.

Home Depot expects smaller drop in 2024 sales as hurricane rebuild boosts quarter

Home Depot forecast a smaller drop in annual same-store sales on Tuesday, benefiting from resilient demand from professional contractors, as well as a lift from hurricane-related spending.