Black Friday, falling on November 29th, 2024, is more than just a shopping day; it’s a global economic event. This article delves into the history of Black Friday, its evolution into a worldwide phenomenon, modern trends like extended sales and Cyber Monday, and its significance for both shoppers and businesses.
Urban Outfitters is set to release its Q3 earnings, following a strong Q2 with record sales. Investors will be watching to see if the company can maintain its growth, particularly in its high-performing brands, while navigating potential macroeconomic challenges.
Nordstrom Inc. (JWN) heads into its Q3 earnings release with strong Q2 results but facing challenges. This article analyzes Nordstrom’s performance, including sales growth, margin improvements, and inventory concerns, and explores how to invest in or bet against JWN stock.
High Tide Inc. (HITI), a leading cannabis retail enterprise, has successfully closed the final tranche of its $15 million subordinated debt facility. The funding will fuel the company’s expansion plans, including growing its retail network and e-commerce presence, while also strengthening its position in the evolving cannabis market.
Home Depot Inc. (HD) exceeded revenue and earnings per share expectations in its third-quarter earnings report, buoyed by recent extreme weather events. Analysts maintain their bullish outlook, citing positive factors like cyclical housing trends and share gains in the professional market. The stock is up over 1.8% in morning trading.
Dunelm, the popular homeware retailer, is opening its first Central London store in Westfield White City, offering shoppers a chance to snag homeware deals just in time for the holidays. The store, opening on November 28th, will feature festive items, dedicated departments, and special opening day treats.
Homebase, the iconic home DIY retailer, is facing a potential closure as its owner prepares to sell the company. The news comes with reports that administrators could be appointed, putting both stores and jobs at risk. However, there is a glimmer of hope for the brand as The Range is reportedly considering buying a portion of the stores, potentially saving some locations and jobs.
Home Depot Inc. (HD) stock is soaring in pre-market trading after the home improvement retailer exceeded its third-quarter earnings estimates and lifted its full-year 2024 outlook. The company reported strong sales growth, driven by improved weather conditions and hurricane-related demand, despite a slight decline in comparable sales. Home Depot’s optimistic outlook for the coming year signals continued confidence in the home improvement market.
Twos, a vintage and independent fashion haven in East London, has become a cult destination for fashion enthusiasts seeking unique pieces and a community-driven experience. From its humble beginnings in a bedroom to its current two-location empire, Twos offers a curated mix of vintage finds and emerging designers, all in a relaxed and welcoming atmosphere.
Sainsbury’s, the British supermarket giant, is continuing its retail restructuring strategy by closing nine standalone Argos stores in the upcoming financial year. This move follows a trend of Argos store closures in recent years, as the company shifts its focus to integrated Argos stores within Sainsbury’s supermarkets and online sales.
