Retail
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Wall Street Puts Retail Giants Above Hyperscalers as AI Capex Fears Mount
Investors are trading Microsoft, Amazon, and peers at lower valuations than Costco and Walmart, signaling deep skepticism about…
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IKEA to Close Bolingbrook Store, Open Smaller Naperville Location by Late 2027
NAPERVILLE, October 6 — IKEA is closing its Bolingbrook, Illinois store and building a smaller-format location in Naperville’s…
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Costco’s IEEPA Tariff Refunds Add 15 Cents a Share as Most Future Refunds Go to Lower Prices
ISSAQUAH, Washington, October 4 — Costco Wholesale Corporation’s potential to recover import duties through tariff drawback programs could…
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Lululemon Q2 Results Include Tariff Refunds as Demand Stays Weak
NEW YORK, September 19 — Lululemon Athletica has reported second-quarter results that included tariff refunds, even as demand…
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GameStop Starts Reopening Closed Stores, With First Confirmed in Ohio on Sept. 11
GRAPEVINE, Texas, September 12 — GameStop is reopening recently closed stores nationwide, the company confirmed, a move that…
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Vera Bradley Returns to Operating Profit, but a $7.7 Million Tariff Refund Did the Work
FORT WAYNE, September 16 — Vera Bradley Inc. swung to a $4.50 million profit in its second fiscal…
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American Eagle Shares Fall 13% as $161 Million Tariff Refund Props Up Quarter
PITTSBURGH, September 11 — American Eagle Outfitters collected $196 million in IEEPA tariff refunds, including interest, during its…
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Ollie’s Beats Earnings Estimates on Tariff Refunds While Sales Miss Forecast
NEW YORK, September 10 — Ollie’s Bargain Outlet Holdings reported second-quarter results that beat analyst earnings estimates while…
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Lululemon Athletica Inc. Announces Second Quarter Fiscal 2026 Results
VANCOUVER, September 6 — lululemon athletica’s second-quarter numbers showed a decline, and the company’s own guidance suggests the…
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Australian Businesses to End Card Surcharging on October 1
Sydney, September 1 — The Reserve Bank of Australia has announced significant changes to the way businesses handle…
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Shein pursues a Hong Kong IPO after its US listing plan met regulatory resistance
Hong Kong, August 31 — Shein Ltd. announced plans for a primary listing on the Hong Kong Stock…
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Ukraine Has Struck Wildberries Warehouses About a Dozen Times Since Mid-July, Killing at Least Eight
MOSCOW, August 3 — Ukrainian drone strikes on Wildberries’ logistics hubs in Moscow, Saint Petersburg, Yekaterinburg and Novosibirsk…
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Frasers Centrepoint Trust Posts 99.6% Retail Occupancy for Third Quarter, Business Times Reports
SINGAPORE, July 28 — Frasers Centrepoint Trust, one of Singapore’s largest listed suburban retail real estate investment trusts,…
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Frasers Centrepoint Trust to Co-Develop $613 Million Bayshore Drive Mall
SINGAPORE, July 28 — Frasers Centrepoint Trust is placing a $613 million bet on the eastern edge of…
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Shrinkflation: Packages Shrink as Costs Rise Worldwide
Against the backdrop of persistently high input costs, a quiet but consequential economic phenomenon is reshaping supermarket shelves:…
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Ontario’s LCBO Shapes Alcohol Imports Quasi-Monopoly
TORONTO, July 21 — For nearly a century, the Liquor Control Board of Ontario has operated as one…
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Hettich HeX Store Opens in Lucknow, German Brand Deepens India Roots
LUCKNOW, July 21 — A new Hettich Exclusive store has opened its doors here, bringing German precision engineering…
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HeX Lucknow Store Unveils Curated Walkthroughs and Advanced Interior Solutions
LUCKNOW, July 21 — A new Hettich Exclusive store opened here on Tuesday, offering what company officials describe…
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Amazon and eBay at 30: How Two Dot-Com Peers Ended Worlds Apart
ASTANA, July 9 — The global e-commerce sector, now a $5.8 trillion marketplace, was built on a handful…
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Thrifting Reseller Quits Charity Shops Over Prices That Beat the High Street
CHARLOTTE, N.C. — The second-hand bargain is dying, and a reseller who built a following on hunting pre-loved…
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GameStop CEO personally commits $500 million to back eBay acquisition bid
Ryan Cohen is betting his own bank account that a video game retailer can swallow a global marketplace.…
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MiniLuxe Opens Lakewood Studio in Dallas After Converting an Acquired Nail Salon
MiniLuxe has opened a new studio in Dallas’s Lakewood neighborhood, but the story behind that opening goes back…
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MiniLuxe Brings Its Nail-Care Model to Lakewood in Dallas
DALLAS — MiniLuxe’s new Lakewood studio is not just another nail salon opening. It represents a bet on…
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GameStop Closed 998 Stores in a Year, Leaving 2,206 Worldwide
DALLAS, July 17 — GameStop Corp., the Grapevine, Texas-based video game retailer that became a household name during…
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