Clothing retailers Shein and Target have announced price hikes as a consequence of former President Trump’s tariffs, which are raising operational costs for these companies. These tariffs, impacting […]
Lovesac Q4 Earnings Show Growth Despite Sales Decline
The Lovesac Company (NASDAQ: LOVE), known for its innovative sectional sofas, recently released its fourth quarter and fiscal 2025 financial results. While sales dipped slightly in the fourth […]
Retail Bankruptcy Looms as Trump Tariffs Persist
The US retail industry is facing a potential collapse, with experts warning of widespread bankruptcies due to persistent trade tariffs implemented under the Trump administration. According to Peter […]
Nike’s Fate Uncertain: Trade Wars Leave Iconic Brand Strained
The U.S. retail sector is grappling with the aftershocks of President Trump’s tariffs on Vietnamese goods, and Nike faces severe challenges. With a hefty 46% tariff imposed on […]
How Walmart, Dollar General & Costco Are Thriving Despite Tariff Pressures
In a volatile market characterized by recent tariffs, major grocery retailers are showcasing resilience, outpacing broader market trends. Companies like Walmart (WMT) and Costco (COST) are thriving while […]
Sony Singapore Now Accepts USDC Payments Online
Sony Electronics Singapore has joined the growing list of companies embracing cryptocurrency payments, enabling USDC (USD Coin) transactions on its online store. This partnership with Crypto.com marks a […]
Sony Goes Digital: Singaporean Retailer Takes on Crypto Payments with Crypto.com
Sony Electronics Singapore has partnered with Crypto.com to enable cryptocurrency payments directly through its online store. This is a significant step towards mainstream adoption of digital assets for […]
7-Eleven Joins South Korea’s CBDC Pilot Program, Offering Discounts on Purchases
South Korea’s 7-Eleven stores are taking part in the pilot program for the nation’s central bank digital currency (CBDC), offering a 10% discount on all products during the […]
Ford Retail Sales Up 5%, Exceeding Overall Market Decline
Despite a year-over-year decline in overall sales, Ford retail units saw a notable surge of 5% growth during the first quarter, according to the company. This positive performance […]
Metro Department Store Embraces Stablecoin Payments for Seamless Transactions
Singapore’s Metro department store has partnered with DTCPAY to enable stablecoin payments across its physical stores and online platform, Metro Mall. This move brings four major stablecoins into […]
Home Depot Surpasses Q4 Earnings Expectations, Reporting Strong Fiscal Year
Home Depot (HD) has released its fourth-quarter and fiscal year 2024 earnings results, exceeding market expectations for both revenue and adjusted earnings per share. The retailer’s impressive performance […]