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25.03.26 - 22:54
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Walgreens Gives Bodycams To Employees After Rise In Retail Assaults (ZeroHedge)
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Walgreens Gives Bodycams To Employees After Rise In Retail Assaults
As most Americans are now well aware, national retail theft has seen a significant spike since 2021, with total shoplifting incidents increasing by roughly 53% between 2021 and 2024 based on industry data. This has led to sweeping policy changes to retail businesses, specifically in urban locations, and long aisles of locked glass cases are only the beginning.
In the case of Walgreens, the company has closed a significant number of locations in high crime areas since 2024 as part of a broader plan to shutter underperforming stores nationwide. The company announced in October 2024 that it would close approximately 1,200 stores across the U.S. over three years (through 2027), with about 500 targeted for fiscal year 2025.
This decision is not unique. Hundreds of larger retailers are also shutting down stores in risky neighborhoods, and critics argue that these closures are directly targeting areas in predominantly black ...
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25.03.26 - 19:12
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"Buy The Dip" Is Dead: Retail Sells Today′s Market Bounce, 2nd Time This Week; Sells Nvidia (ZeroHedge)
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"Buy The Dip" Is Dead: Retail Sells Today's Market Bounce, 2nd Time This Week; Sells Nvidia
Two weeks ago we warned that the BTFD trade - that staple of every market dip in the past 3 years - appeared to be fading rapidly, as retail investors were demonstrating "persistent signs of weakness" following the start of the Iran conflict with weekly purchases decelerating by ~30% after defying seasonal patterns and making February their 3rd largest month on record; additionally, that Monday marked the largest retail net-selling day in single stocks in a month.
There was a silver lining: according to JPMorgan, despite the pullback, retail stock-picking choices - aside from reduced sizes - remained relatively optimistic: retail investors bought Tech Mega Caps (incl. ORCL pre and post-earnings), while cutting their exposure in energy stocks. Or, as JPM put it, "despite the market turning sour this month, driven by geopolitical developments and existing AI-related concerns spi...
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25.03.26 - 09:36
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Denmark Retail Sales Fall 0.3% In February (AFX)
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BRUSSELS (dpa-AFX) - Danish retail sales decreased slightly in February after rebounding in the previous month, preliminary figures from Statistics Denmark showed on Wednesday.Retail sales dropped......
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23.03.26 - 22:06
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Macerich CEO: Retail Demand Coming from New Generations (Bloomberg)
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Macerich President & CEO Jack Hsieh discusses the revival of brick and mortar establishments and the corresponding in-store shopping boom, demand being driven by a new generation, and why inventory is critical. He talks with Katie Greifeld and Romaine Bostick on "The Close." (Source: Bloomberg)...
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