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Tag: finds

New report finds holiday spending down due to recession fear, tariff concerns

The fear of a potential U.S. recession is having a real impact on how consumers will spend their money this season. That’s according to a report from retail analytics and price optimization firm Intelligence Node, which found that 49% of U.S. consumers plan to cut back on holiday spending (with 51% currently cutting back on …

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Jumbotail, NinjaCart raise more as B2B Ecomm finds love, Retail News, ET Retail

BENGALURU: Sector-focused B2B companies such as Jumbotail and NinjaCart have raised additional capital from existing backers as they prepare to raise more funds in the next few months, close on the heels of bigger rival Udaan picking up $585 million in one of the biggest late stage investment rounds this year. Jumbotail raised Rs 14 …

Jumbotail, NinjaCart raise more as B2B Ecomm finds love, Retail News, ET RetailRead More

Walmart, CVS, Rite Aid pull J&J baby powder after FDA finds sub-trace levels of asbestos

In this photo illustration, a container of Johnson’s baby powder made by Johnson and Johnson sits on a table on July 13, 2018 in San Francisco, California. Justin Sullivan | Getty Images Walmart, CVS Health and Rite Aid are pulling all containers of Johnson & Johnson‘s 22-ounce baby powder after the FDA found sub-trace amounts …

Walmart, CVS, Rite Aid pull J&J baby powder after FDA finds sub-trace levels of asbestosRead More

Landmark class-action judgment finds Myer misled over profit forecast | Business

Shareholders have won the first class action lawsuit to go all the way to judgment in Australia – but are unlikely to see a cent from defendant Myer because the stock market didn’t believe inflated profit forecasts made by the retailer’s chief executive, a judge has found. The landmark judgment, handed down on Thursday by …

Landmark class-action judgment finds Myer misled over profit forecast | BusinessRead More