Tag #Retail

forbes.com
🌐 85% Global Worthiness
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Gen Z Retail Workers Face High Risk of Workplace Violence Amidst Trust Deficit

Workplace violence affects up to 75% of North American workers, with Gen Z retail employees at highest risk; a recent survey revealed that 49% of retail workers would only report violence anonymously due to fear of retaliation, highlighting the urgent need for comprehensive prevention strategies and...

Progress

32% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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BFCM 2024: Record Sales Amidst Shifting Consumer Habits

Black Friday and Cyber Monday 2024 sales surged, with UK transactions up 9.5% (Barclaycard) and EMEA orders up 9.3% (Bazaarvoice), driven by a compressed shopping period and effective retailer incentives; however, data suggests a more distributed sales strategy across the weekend could be beneficial...

Progress

36% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Macy's Faces New Activist Pressure Amidst Declining Sales and Accounting Irregularities

Activist investor Barington Capital and Thor Equities are pushing Macy's to cut costs, sell luxury brands, and optimize its real estate portfolio, following declining sales and a recent \$154 million accounting irregularity.

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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S&P 500 Soars to Record Highs, but Some Stocks Show Signs of Overbought Conditions

The S&P 500 hit all-time highs this week, with the Nasdaq up over 3%, but some stocks, such as Walmart (RSI 83.3) and Netflix (RSI >76), are overbought and might experience a pullback; oversold stocks include Kraft Heinz and Mondelez.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Retail Sector Volatility: American Eagle Plunges, Five Below Soars Amidst Mixed Earnings

American Eagle Outfitters stock plunged 14% on weak holiday sales guidance, while Five Below jumped 14% on exceeding Q3 expectations; other notable movers include a crypto rally, Hewlett Packard Enterprise's 4% gain following an upgrade, and significant drops for SentinelOne and Signet Jewelers.

Progress

40% Bias Score

cnbc.com
🌐 75% Global Worthiness
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After-Hours Stock Swings: American Eagle Plunges, Five Below Soars

American Eagle Outfitters shares fell 12% on weaker-than-expected Q3 revenue ($1.29 billion vs $1.30 billion expected) and a bleak holiday outlook, while Five Below jumped 11% on exceeding Q3 revenue expectations ($844 million vs $799 million).

Progress

32% Bias Score

forbes.com
🌐 85% Global Worthiness
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Amazon's Rufus AI Assistant Reshapes Product Discovery

Amazon's February launch of its AI shopping assistant, Rufus, is reshaping product discovery by prioritizing personalized recommendations based on user data and potentially altering brand marketing strategies through the integration of sponsored ads and a reliance on broader internet presence for pr...

Progress

32% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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ISS Rejects Mike Ashley's Boohoo Board Bid

Institutional Shareholder Services (ISS) recommended against Mike Ashley joining Boohoo's board, rejecting his bid to control the struggling retailer despite his 28% stake and accusations of mismanagement. This follows Boohoo's recent CEO replacement and Ashley's own company, Frasers Group, issuing ...

Progress

36% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Bourke Street Mall's Southern Side Undergoes $150 Million Revitalization

Melbourne's Bourke Street Mall's southern side is undergoing a $150 million transformation with the opening of the Melbourne Walk hotel and retail development and Mecca's flagship beauty store, aiming to revitalize a previously neglected area and attract more visitors.

Progress

52% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Amazon Cyber Monday Ad Spending Surges 23.3% Amidst Record Online Sales

Pacvue data reveals a 23.3% year-over-year increase in Amazon ad spending on Cyber Monday 2024, with CPC rising 15.8% to \$2.12, driven by intense competition for last-minute shoppers despite a longer promotional period; US consumers spent a record \$12.4 billion online.

Progress

36% Bias Score

cnn.com
🌐 75% Global Worthiness
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Trump Tariffs Threaten Dollar Tree's Product Offerings and Pricing

President-elect Trump's planned tariffs on imported goods threaten Dollar Tree, potentially forcing the discount retailer to remove products, alter specifications, or increase prices above its current $1.25 price point, impacting its low-income customer base.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Woolworths Strike Causes Liquor Shortages Across Victoria and NSW

Over 1,500 Woolworths warehouse workers in Australia have been striking since November 21st, causing significant stock shortages at Dan Murphy's and BWS liquor stores across Victoria and southern NSW due to disruptions at five distribution centers, resulting in a $50 million loss for Woolworths.

Progress

40% Bias Score

Decent Work and Economic Growth