What’s going on? Adidas and Inditex (owner of Zara and Bershka) reported lower-than expected annual results, but their ecommerce businesses seem to take off. What does that mean? With so many stores shutting down last year, Inditex’s revenue and profit fell short of investors’ expectations; the latter by over 20%. Since sales haven’t improved much…
Tag: retail
Ep 147: JD.com’s glow and China’s digital future
What’s going on? Online retail giant JD.com reported better-than-expected results, after China proved it’s leaning into a digital future. What does that mean? JD.com’s been making the most of the pandemic, reporting an expectation-beating 31% sales jump in Q4/2020. While in-house delivery is what sets JD apart from Alibaba (which relies on 3rd-party couriers), investors are…
Ep 137: Walmart’s worse-than-expected earnings
What’s going on? Walmart reported worse-than-expected earnings, driving its shares to fall by their biggest one-day drop in almost a year. What does that mean? With groceries, cleaning products, and plenty of other lockdown essentials, Walmart’s been a one-stop shop for Americans throughout the pandemic; especially when fresh government checks encouraged shoppers to buy last quarter….
Ep 100: Rumble In The Jungle
What’s Going On Here? Amazon’s 4th quarter weaved beyond investors’ expectations, helping the company’s stock price punch 10% higher. What Does This Mean? Total revenue at Amazon grew 21% last quarter, much more than investors expected. The record holiday sales season probably helped, with unprecedented US store closures last year potentially leaving some Main Street shoppers…
Ep 80: On The Pull
What’s Going On Here? With Germany’s unemployment rate unexpectedly falling in November, the country might now dig its heels in more than ever against the European Central Bank (ECB). What Does This Mean? The ECB has long been calling for Germany to boost its economy through extra public spending, but positive unemployment data might give the country’s…
Ep 73: Kwik-E-Walmart
What’s Going On Here? Walmart thanked investors and invited them to come again with third-quarter earnings that exceeded expectations. What Does This Mean? The retailer saw its stores’ third-quarter sales rise 3.2% from a year ago – more than predicted. That marks its 21st consecutive quarter of growth, a feat no other American retail chain has achieved. …
Ep 54: This is what’s behind Walmart’s staying power that could outmaneuver Amazon
Long story short For nearly 20 years Walmart, the world’s largest retailer, has struggled to pull its online act together while rival Amazon.com seized nearly half of the U.S. online shopping market and snared a big presence abroad. But now the company’s multibillion-dollar investment campaign seems to be paying off in the form of online…
Ep 40: Consumer confidence drops more than expected
What’s going on here? A key measure of the American economy – consumer confidence index – declined to 121.5 in June (more than the expected decline to 131.1) after three consecutive months of increases as consumers saw the trade war with China as an increased risk. What does that mean? “The escalation in trade and tariff tensions earlier…
