RetailStat’s Post

Pressure on Beijing is rising as weak retail spending hampers China's economic growth. The economy expanded at a 4.7% annual rate in Q2 2024, below the 5.1% forecast. Retail sales growth hit an 18-month low, with annual growth slowing to 2%. Falling house prices and low consumer confidence are major hurdles.

Breaking #RetailNews: Macy's has ended talks with ARKHOUSE and Brigade Capital Management, LP 🔔 Macy's Board decided to end discussions after months of negotiations failed to result in a solid proposal (The latest of $24.80 per share lacked sufficient financing). The Board will focus on its "Bold New Chapter" strategy to enhance shareholder value. #MacyInc #BusinessNews #CorporateStrategy #ShareholderValue #Retail #DepartmentStores #MergersAndAcquisitions #Macys

Tractor Supply Company thought it solved a big problem but now faces new challenges. Amidst a social media backlash, the retailer retracted its diversity and climate goals, igniting even further controversy. How much do these types of changes impact a company's reputation and customer loyalty? Share your thoughts in the comments below! #Retail #RetailMarketing #PolicyMeetsPolitics

Mark your calendars for March 17-20 2025, as we gather at the stunning and newly renovated Sheraton Sand Key Resort. Nestled along the Gulf Coast, this beachfront venue provides an inspiring backdrop for a vibrant exchange of insights and knowledge focused on #Retail and #Grocery Site Selection Research. To ensure you can join us, we're offering early registrants a whopping 30% off registration! Use code EARLYBIRD30% at gravisite.com #Gravisite #Gravisite2025 #Conference #Networking #Research #SiteSelection

The Wendy's Company expands into Ireland and Romania with new development agreements, aiming to open restaurants in 2025. Europe is a key growth market for Wendy's international presence. 🍔#Wendys #EuropeanExpansion #RestaurantNews #GlobalGrowth

Big Lots will close 35-40 locations this year. Request updates on this ongoing story and potential DIP case at retailstat.com/contact-us

A U.S. Appeals Court has greenlight a class-action lawsuit against Walmart over pricing discrepancies. Consumers claim they were overcharged despite correct receipts. Stay informed on this developing case. #Walmart #PricingLawsuit #ConsumerRights #LegalNews

An interesting perspective from Barons Pub Company Ltd on how Walmart is leveraging #technology to dominate in retail. What do you think? 🤔https://lnkd.in/eem_Bmdb #Walmart #RetailTech #BusinessStrategy #RetailInsights"

#ICYMI Here's a sampling of last week’s reports and retail financial news! Get detailed insights and analysis on the latest trends and metrics. Access all this information and more at retailstat.com. #RetailStat #RetailReports #IndustryInsights #Finance #RetailTrends

🔔 Join Us for The Executive Review: Sporting Goods Webinar 🔔 On Wednesday, July 31, we're hosting The Executive Review: Sporting Goods webinar. Don't miss out on this opportunity to analyze how companies in this sector measure up in critical operational performance metrics, including comps, EBITDA margin, interest coverage, and our credit ratings. 📌 Sign up now: https://lnkd.in/egdfaKff Special Highlights: - Detailed peer and benchmark analysis. - Spotlight Accounts: Big 5, Sportsman’s Warehouse, and Camping World. - Current status and future outlook for key players. #RetailStat #ExecutiveReview #SportingGoods #WebConference #RegisterNow #BusinessInsights #IndustryAnalysis