RBC report analyzes dwindling sales growth rates for US retailers
Leading the list is the Ascena Retail Group, owner of Lane Bryant, Ann Taylor, Dress Barn, and Catherines. RBC says its 2016/2017 revenue growth rate could drop by as…
The slow reopen- Retail visits edge up, broader economic measures still unmoved
Data from cellphone location firms Unacast and SafeGraph through last weekend both showed a continued slow rise in visits to retail stores. Data on around 55,000 small businesses…
Trump China tariffs could cost billions for consumers – NRF study
The tariffs would result in consumers paying another $4.4 billion on apparel, $2.5 billion on footwear, $3.7 billion for toys and $1.6 billion for household appliances, the retail…
Timberland goes green with tree-planting initiative
The outdoor lifestyle brand has announced that it will plant the trees in various global locations by the year 2025 by supporting multiple reforestation initiatives, focusing on Haiti,…
Better Cotton unveils new Impact Targets for 2030
The quartet covers Soil Heath, to ensure 100% of Better Cotton farmers have improved the health of their soil; Women’s Empowerment, to reach one million women in cotton…
Yellen says US bank rules may be too loose, need to be re-examined
In remarks prepared for delivery to the National Association for Business Economics, Yellen also called for stronger regulation of the growing non-bank, or “shadow bank”, sector, including money…