Browsing Tag

retail

Wall Road lukewarm on HSBC’s U.S. retail exit

LONDON - HSBC announced on Wednesday that it would end its money-losing US retail business, which Wall Street analysts received with lukewarm applause.Europe's largest bank in terms of assets will be selling some parts of its mass market…

Retail earnings and client spending

Investors will learn more about the ongoing impact of the pandemic on the consumer economy as retailers prepare to release quarterly earnings reports, CNBC's Jim Cramer said Friday.The industry will have its time in the Wall Street…

Retail Gross sales Had been Flat in April

The pandemic has fundamentally changed consumer behavior. Grocery store spending rose during the pandemic while restaurant income fell. Apparel sales fell as Americans canceled events and spending on outdoor activities and home…