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Analyst Expects Net Loss of 45K Stores Over the Next Few Years

UBS retail analyst Michael Lasser predicts 45K stores could close over the next five years, with apparel stores cutting 16.5K locations. read more

2024's Retail Distress List is Growing, Experts Say

Asos, JCPenney, Neiman Marcus, Rent The Runway, Stitch Fix, and The RealReal are on the list credit watchers say could see further distress. read more

Online Marketplace Faire Launches Academy For Would-Be Retailers

Faire, the online marketplace that connects small retailers with small vendors and brands, is expanding its efforts to encourage more would-be retailers to open stores. read more

X5 Retail Group Net Profit Doubles

By Elena Vardon X5 Retail Group said that its net profit for the first quarter of 2024 almost doubled compared with the same period the previous year as ... read more

Walmart in Mexico posts 14% rise in Q1 net profit

Walmart's Mexico and Central America unit on Wednesday posted a 14.4% year-on-year rise in its first-quarter net profit, reaching 13.18 billion pesos. read more

Golden Goose's net revenues up 12% in first quarter

Italy's Golden Goose said on Tuesday its net revenues rose 12% at constant exchange rates in the first quarter while maintaining "strong margins", as the luxury sneaker maker prepares for a likely ... read more

Reliance Retail Reports Q4 Growth: Net Profit Jumps 11.7%, Revenue Up 10.6%

Reliance Retail on Monday reported its financial results for the fourth quarter of fiscal year 2024, showcasing impressive revenue growth and profitability despite economic challenges. In March ... read more

foodpanda and The Trade Desk Partner Up to Provide Brands With Data-Driven Retail Media Solutions

Chris Mooney, GM, Data Partnerships APAC, The Trade Desk; Wen Zhe Lim, Director, Solutions, Advertising & Partnerships, foodpanda (Photo: Business Wire) SINGAPORE-- ( BUSINESS WIRE )--foodpanda, a ... read more

Retail Opportunity Investments Corp (ROIC): A Technical Analysis

Retail Opportunity Investments Corp (NASDAQ: ROIC) has a higher price-to-earnings ratio of 45.57x compared to its average ratio. ROIC has 36-month beta value of 1.43. Analysts have mixed views on the ... read more

Retail Opportunity Investments Corp. Reports 2024 First Quarter Results

Included in GAAP net income attributable to common stockholders and FFO for the first quarter of 2024 was $6.7 million of non-cash rental revenue amortization, as compared to $2.9 million for the ... read more

Reliance Retail Q4 Results: Net profit jumps 12% YoY to Rs 2,698 crore

In its earnings release, Reliance Retail said it undertook an equity fund raise of Rs 17,814 crore in FY24, including Rs 2,500 crore infused by Reliance Industries during the March quarter. It did not ... read more

Reliance Retail Q4FY24 results: Net profit rises 11.7% to Rs 2,698 crore

Reliance Retail's flagship event "Digital India Sales" drove engagement with customers and delivered 15 per cent year-on-year sales growth ... read more