Tag: Retail industry
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‘Reward for failure’: Investor support for Target chair Brian Cornell falls to lowest level ever
Target chair Brian Cornell built the retailer into a $100 billion-plus giant, but recent struggles and underperformance have fueled investor calls for change.
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SNAP restrictions could change what shoppers buy — and food giants are watching
SNAP food restrictions are spreading to more states, pressuring major food and beverage as consumers shift spending away from soda, candy and processed foods.
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Why this year’s World Cup is happening at the perfect time for struggling Nike
The World Cup might be the boost Nike needs to jumpstart its business.
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Hollister partners with Target to tap into $89 billion back-to-college shopping market
Hollister’s partnership with Target comes as both companies look to capitalize on the lucrative back-to-college shopping market.
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Target, Walmart and Amazon among brands losing LGBTQ+ consumer spending, new survey says
LGBTQ+ consumers are shifting spending toward companies they view as supporting DEI and away from those seen as retreating, HRC survey finds.
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Abercrombie & Fitch begins selling third-party shoe brands in latest bid to chase growth
Abercrombie & Fitch’s explosive growth has slowed, leading the apparel retailer to expand into new categories to boost sales
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IN FOCUS: Are there too many malls in Singapore?
Why do some malls thrive while others struggle? CNA explores whether there is an oversupply and if shopping centres are just starting to look alike.
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Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market
Carvana has bought seven new vehicle franchises since last year that primarily sell Stellantis’ Chrysler, Dodge, Jeep and Ram brands.
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Yum Brands sells Pizza Hut to private equity firm LongRange Capital and Yum China for $2.7 billion
Yum Brands is selling Pizza Hut, capping off years of struggles for the pizza chain.
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KFC leans into boneless chicken, new drinks as chain tries to regain market share
KFC is facing more competition from legacy giants and upstarts alike, thanks to the growing global popularity of chicken.
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