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business

Foot Locker's Comeback: A Success Story in the Making

August 28, 2024

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

politics

Target's Prosperity: A Double-Edged Sword Amidst Rising Retail Crime?

August 27, 2024

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

environment

Beating the Recession: Why Carrefour is the Stock to Watch

August 27, 2024

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

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