Retail

Johnson & Johnson stocks slid by 0.2% during afternoon trading on Wednesday after reports of its coronavirus vaccine candidate falling two months behind schedule. While the pharmaceutical company had initially planned to have 12 million doses of its vaccine ready for distribution by the end of February, several delays have...

With coronavirus-related trade restrictions being eased, South African retail holding company Massmart experienced an 8% rise in sales during the 19 weeks ended May 9. The company, which is partly owned by U.S. retail giant Walmart, generated 30.5 billion rand ($2.17 billion) in sales, the equivalent of an 8.54%...

Lease-to-own retailer The Aaron's Company released its second quarter report at the start of the week, offering a bleak 2022 guidance. The company's stock took a big hit shortly after, diving 25% at one point. Aaron's adjusted its predictions for 2022 sales and now sees them in the range of...

H&M, the world's second-largest fashion retailer, experienced an underwhelming sales performance for the quarter ending August 2021, with a rise in revenue that was lower than expected. The company announced on Wednesday that sales had increased by 9% from the same point last year, meaning that the Swedish fashion...

U.S. consumer spending on Cyber Monday this year is projected to be in the range of $10.2 billion and $11.3 billion, leaving little room for growth after last year's $10.8 billion spend. Even if spending is on the upper end of the range, this will still result in stunted...

Starbucks beat quarterly expectations, raised its fiscal 2026 forecast, and saw shares rise after reporting stronger traffic and spending at its cafes.

Six companies were added to the Nasdaq 100 index last Friday. Home fitness company Peloton Interactive is one of them, having risen by 392% on the Nasdaq Exchange since the start of this year. This surge is largely influenced by the change in workout routines that consumers have adopted since...

On is dividing its commercial function into two roles, prompting the exit of Chief Commercial Officer Britt Olsen and new appointments to oversee global markets and customer strategy.

Fanatics chief Michael Rubin says the company sees room for more growth in sports, though he ruled out moves into ticketing and live broadcasting.

German conglomerate Siemens announced on Thursday its newest growth targets, in line with the corporation's aim to "clearly outpace the market." This is the first step to be made as part of a new strategic blueprint by the new Chief Executive Officer Roland Busch, who took the reigns from...