retail sector News

Unexpected Growth: Swiss Retail Sales See a 0.3% Rise in November

Switzerland's retail sales saw a 0.3% increase in November, with adjusted figures showing a 0.8% rise year-over-year, below analysts' expectations. The sector's performance indicat...

Alibaba Sells Intime Department Store Arm for $1 Billion Amid Restructuring

Alibaba Group sells its department store arm, Intime, to Youngor Fashion for 7.4 billion yuan ($1.02 billion) as part of its strategic business restructuring.

Oracle, Macy's, Adobe, and More: Key Earnings Reports to Watch This Week

This week's earnings reports will feature key insights from Oracle, GameStop, Macy's, Adobe, Broadcom, and Costco. Investors will be watching closely as these companies reveal thei...