US Retail Sales Experience Significant Drop in May, With Silver Lining in Clothing Sector The recent report on US retail sales for the month of May has left economists and analysts pondering over the state of the economy. The figures show a decline in retail sales, marking the biggest drop in four months. This unexpected […]
Op-Ed | Next Can Break the £1 Billion UK Profit Curse
Op-Ed | Next: The UK Retailer Breaking the £1 Billion Profit Curse In the competitive landscape of the UK retail industry, hitting a pre-tax profit of £1 billion is a rare feat. Sustaining it is even more challenging. Many British store chains have struggled to reach this milestone, let alone maintain it. However, there is […]
Macy’s Joins Retailers With Good Results, Dour Outlook
Macy’s Joins Retailers With Good Results, Dour Outlook Macy’s, a prominent name in the retail industry, recently made headlines by posting better-than-expected quarterly results. The company’s performance exceeded market expectations, showcasing its resilience in the face of challenging economic conditions. However, despite this positive achievement, Macy’s also issued a dour outlook for its annual sales […]