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2 mins read

Rural demand, government spending to drive growth in the second half of FY25

Rural demand and government spending will be key drivers of India's economic growth in the second h…

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4 mins read

What Trump's win means for retail giants like Walmart, Target, and Costco

With Trump, tariffs are likely to be a headache, tax cuts could be a tailwind, and an immigration c…

Dominick Reuter,Nora Redmond   


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3 mins read

In leaked internal meeting, Amazon retail chief says sales of cheaper items are surging

Amazon's retail CEO told employees this week why the company is doing a better job selling cheaper …

Eugene Kim   


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2 mins read

Stock market today: Indexes gain after strong retail sales data

Stocks rose Thursday as investors digested strong retail sales data for September. Upbeat earnings …

Kelly Cloonan   


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3 retail stocks could see earnings plunge if Trump implements his proposed tariffs, UBS says

For some retailers, the risk of steep tariffs is "significant," UBS said. The bank flagged several …

Kelly Cloonan   


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Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%

The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …

ANI   


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3 mins read

Wall Street is bullish on Amazon earnings despite uncertainty around consumer spending, rising investment costs

Wall Street analysts are mostly bullish heading into Amazon's earnings report. AWS is a bright spot…

Filip De Mott   


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2 mins read

It's a tough time in retail — and CEO heads keep rolling

Nike's John Donahoe is the latest CEO to get the chop amid a difficult environment for retail and c…

Mary Hanbury   


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3 mins read

Americans are still having a lot of stuff delivered from DoorDash and Uber, and it shows how much we'll pay for convenience

DoorDash, Instacart, and Uber all reported that shoppers are still ordering food and other merchand…

Alex Bitter   


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4 mins read

America's shopping spree is over and retailers are facing a new world of cautious consumers

76% of consumers said they planned to trade down in the next quarter, spelling trouble for the weak…

Jennifer Sor   


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3 mins read

The job market is about to rebound as widespread spending boosts the economy, Apollo chief economist says

The US could add as many as 300,000 jobs in September, according to an estimate from Apollo's chief…

Jennifer Sor   


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7 mins read

How Prada is beating the odds and bucking the luxury slump

Thanks to coveted designs from Miu Miu and a company-wide turnaround strategy, Prada is one of the …

Madeline Berg   


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2 mins read

Retailers are highlighting two very different realities emerging among squeezed US shoppers

While Walmart, T.J. Maxx, and Nordstrom say middle-income shoppers are still spending, Dollar Gener…

Alex Bitter   


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3 mins read

Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut

Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which…

Dominick Reuter   


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2 mins read

Gen Z's love of discount stores could send these 3 retail stocks soaring as much as 18%, Bank of America says

Amid high inflation, Millennials and Gen Z are increasingly shopping at TJ Maxx, Burlington, and Ro…

Kelly Cloonan   


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2 mins read

Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report

The organised jewellery sector, which accounts for just over a third of the overall market, is pois…

ANI   


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3 mins read

Costco, Starbucks, and other retailers double down on loyalty programs to win over thrifty Americans

As Americans get thrifty, retailers are turning to the tried-and-true strategy of loyalty programs …

Dominick Reuter,Alex Bitter   


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1 min read

Ad spending in India to reach $17 bn in FY24, consumption to rebound: Redseer

Digital advertising which accounts for 55 per cent of total spending is set to grow at 6-7 per cent…

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3 mins read

Coca-Cola India's spending on brands to be highest in H2

Beverage major Coca-Cola is going to have its highest-ever spending on brands in the second half of…

PTI   


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6 mins read

These are the 5 luxury items China's Gen Z is going nuts for, a retail expert says

A retail expert told BI there are 5 luxury items Chinese Gen Zers love, and it looks like the quiet…

Aditi Bharade