CoStar Q3 Review Shows Retail’s Challenges
CoStar Group’s Q3 2023 review reveals a challenging period for retail, multifamily, hospitality, and office property sectors. Retail leasing activity has…
Author: Dennis Limmer
Dennis Limmer is a seasoned journalist with RetailWire, dedicated to bringing the latest in retail news, trends, and product insights to readers. With a sharp eye for detail and a deep understanding of the retail landscape, Dennis's articles offer a blend of in-depth analysis and timely information, making him a trusted voice in the industry.
The US Dollar Update
In Monday’s trading, the US dollar retreated as market sentiment improved in anticipation of Tuesday’s key economic releases. Various important events…
Avenue Supermarts Experiences Biggest Profit Drop
Shares of Avenue Supermarts, the operator of India’s DMart store chain, saw their biggest fall in five months after the company…
Best Buy Stops Selling DVDs and Blue-rays
Best Buy has announced it will discontinue selling DVDs and Blu-rays by early 2024, citing changes in how people watch movies…
REI Cuts 275 Jobs
Seattle-based outdoor retailer REI has cut 275 retail positions, including 19 in Washington state, which equates to 2% of its national…
Rite Aid Files for Chapter 11 Bankruptcy
Rite Aid, the drugstore chain, has filed for Chapter 11 bankruptcy protection in New Jersey amid declining sales, rising debts, and…
Have You Noticed How AI Has Changed Supermarkets?
Artificial intelligence is taking over grocery stores. How do you predict supermarkets evolve in the near future with AI and robot implementation?
Ravensburger Brings Disney Into the World of Trading Card Games
Ravensburger is betting on Disney magic to help it break into the competitive category of collectible trading card games. Are there more ways that Disney and Ravensburger can capitalize on this crossover success?
Are Retail Pharmacies and Pharmacists Becoming Endangered?
Local retail brand drugstores are closing up shop and pharmacist hours are also being cut. Are there other ways for these drugstore brands to increase sales and profits?
Will Wolverine Worldwide Do Better After Selling Hush Puppies?
Wolverine Worldwide is transforming its brand portfolio with two additional divestitures. What impact do you anticipate these divestitures will have on the company’s market share and competitive positioning?