Retail jobs in the US grew in May
In May, the US retail trade sector added 11,600 jobs in May, up from the 10,000 added in April, when…
All articles by Mohamed Dabo
Mohamed Dabo
Mohamed Dabo is a seasoned journalist with extensive experience in financial reporting. He brings a wealth of knowledge from his previous work in the United States and France, along with his numerous contributions to business and financial publications over the years.
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Buy Buy Baby attracts interest amid Bed Bath & Beyond’s bankruptcy
Buy Buy Baby, the subsidiary of struggling retailer Bed Bath & Beyond, may survive the company's bankruptcy as potential bidders…
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US retailers face backlash over LGBTQ+ celebrations
LGBTQ+ Pride Month is a month, typically June, dedicated to the celebration and commemoration of lesbian, gay, bisexual, transgender and…
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JPMorgan downgrades Target over growing concerns
JPMorgan has downgraded the retail giant Target due to mounting concerns about its future prospects. The downgrade by the investment…
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Macy’s lowers outlook as sales weaken and shares drop
Department store retailer Macy's experienced a decline in its shares on Thursday after announcing a reduction in its full-year outlook.…
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Dollar General slashes outlook as core customers cut spending
Shares of popular discount retailer Dollar General plummeted nearly 20% in morning trading following a disappointing earnings report. The company's…
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Amazon settles $25m lawsuit over Alexa’s privacy breach
Amazon.com has reached a settlement of $25m following allegations that the company violated children's privacy rights through its popular voice…
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Aldi seeks Staffordshire suppliers to support British businesses
Aldi, the fourth-largest supermarket in the UK, is actively searching for new suppliers in Staffordshire to partner with in 2023.…
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Govt pushes ‘food price cap’ despite supermarket row
The UK government is forging ahead with its controversial ‘food price cap’ plan, despite resistance from major supermarkets. The Department…
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Online-first brands go omnichannel, expand into the real world
In an era dominated by online shopping, digital-first brands are recognizing the value of brick-and-mortar retail and are reimagining the…