Nordstrom shares jump 9% on report retailer is trying to go private
Nordstrom shares closed 9% higher on Tuesday following a report that the department store chain is attempting to go private.…
Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor
Consumer spending bounced back in February from a January dip, with a little help from leap day. But sales still…
Walmart to buy TV maker Vizio for $2.3 billion in move to grow its ad business
Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit…
Shopping online at 2 a.m.? That’s a red flag for buy now, pay later lender Affirm
Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to…
Lawson shares surge 18% after Japan’s KDDI launches $3.4 billion privatization offer
Shares of Japan’s third-largest convenience store chain Lawson surged 18% it received an offer to go private. The offer would…
Superdry shares soar more than 100% as company considers going private
LONDON — Superdry shares soared more than 100% on Friday, as the embattled British fashion retailer confirmed that co-founder and…
China’s luxury market is bouncing back. Analysts say these are new areas of opportunity
BEIJING — China’s luxury sales are rebounding, and while they’re not back to 2021 levels yet, industry analysts and financial…
LVMH shares jump over 12% as earnings point to luxury sector resilience
LVMH shares jumped more than 12% on Friday morning, after the world’s largest luxury group posted higher-than-expected sales for 2023…
‘That’s Bidenomics at work’: White House eager to take credit for retail sales bounce
The White House eagerly took credit Wednesday for December’s strong retail sales numbers, which beat expectations due to higher consumer…
Haslam family sells Berkshire Hathaway remaining 20% share of Pilot Travel Centers
The Haslam family has sold its remaining 20% ownership interest in truck-stop giant Pilot Travel Centers to Berkshire Hathaway, both…
