Foot Locker's Q2 2024 earnings report brought a breath of fresh air to the sneaker company, as it marked the first time in six quarters that comparable sales grew, reaching 2.6%. This positive trend surpassed analysts' expectations of a 0.7% uptick, and the gross margin expanded for the first time i
Target's recent sales surge, following the shutdown of several crime-ridden stores, has sparked conversations among retailers and policymakers. The retail titan's COO, Michael Fiddelke, credits the improvement to diminished 'inventory shrink,' a term that refers to losses resulting from shoplifting
Amidst the looming shadows of a recession, fund manager Sean Peche of Ranmore Fund Management has set his sights on an unlikely retail champion: French multinational Carrefour.Peche, the portfolio manager of the Ranmore Global Equity Fund, has emphasized Carrefour's defensive qualities and its poten
