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Showing research about Cons. Discr. - Retailing

20200923-cracker-barrel-origins

Cracker Barrel avoids supply disruptions, sticks to China sourcing

Restaurant and gift-shop operator Cracker Barrel has seen a slowing rate of decline in sales in the most recent quarter with CEO Sandra Cochran noting “we were pleased with our sales trend and the sequential monthly improvements” seen in the past quarter. The firm’s supply chain has remained s... Read more →

20200922-retail-sales

Ikea, Target load up on furniture as retail sales growth stalls

The U.S. retail recovery appears to have stalled with sales excluding autos and fuel rising by just 1.6% year over year in August after a 4.8% improvement in July. Furniture stores’ sales rose by 0.4% while electrical stores sales fell by 3.4%. While e-commerce retailers are doing better, the ... Read more →

20200911-lvmh-macro

LVMH sacrifices Tiffany deal in Franco-American tariff tiff

LVMH has abandoned its bid for Tiffany & Co., reportedly after pressure from the French government related to a set of ongoing trade spats between France and the U.S. That likely relates to current and planned U.S. tariffs on French exports in a disagreement over aerospace subsidies and in con... Read more →

20200827-best-buy-macro

Best Buy faces constraints, supply chain starting to improve

Best Buy has reported revenues in the three months to Aug. 1 which increased by 3.9% year over year led by “products that help people work, learn, connect and cook at home” according to CEO Corie Barry. The electronics retailer expects sales to grow further in the coming quarter, albeit at a r... Read more →

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