GameStop ‘long the shorts’ trade goes mainstream
A tug of war between solo stock traders piling into GameStop and seasoned hedge funds betting against the U.S. video game retailer has unleashed a…
Retailers
As tide turns, retailers that resisted masks relent
When the parent of Southern grocery chain Winn-Dixie said that it wasn’t going to require customers to wear masks to protect against the spread of…
Record online sales give U.S. holiday shopping season a boost
U.S. shoppers spent more online during this year’s holiday shopping season, a report by Mastercard Inc (MA.N) showed on Wednesday, with e-commerce sales hitting a…
Black Friday shoppers stay away from stores, make $7 billion-plus splurge online
U.S. shoppers made more purchases online on Black Friday than in the mall – hurting traffic and sales at brick-and-mortar stores, according to data that…