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Will Ferrell covers Fleetwood Mac for PayPal in new commercial


Will Ferrell covers Fleetwood Mac for PayPal in new commercial

Can you hear Will Ferrell calling your name? Well, he is, sort of, in a new ad for PayPal. In a 60-second spot that’s part of the digital wallet company’s biggest advertising campaign yet, Ferrell belts out a version of Fleetwood Mac’s “1988 Everywhere” to demonstrate that the PayPal debit card can now be added […]

Claudia Lima-Guinehut returns to The Children’s Place as Brand President


Claudia Lima-Guinehut returns to The Children’s Place as Brand President

Image courtesy: PR Newswire Claudia Lima-Guinehut has been appointed Brand President of The Children’s Place, effective September 9, 2024. Lima-Guinehut returns to the company from Claire’s, where she served as executive vice president and chief merchandising officer since June 2023, the company said in a press release. In addition to leading all customer-facing activities for […]

Amina Rubinacci expands to New York with first store on Madison Avenue


Amina Rubinacci expands to New York with first store on Madison Avenue

Image courtesy: architizer.com Amina Rubinacci, a brand known for its exquisite knitwear blazers for women, has reached a significant milestone with the opening of its first New York store on Madison Avenue. Known for its knitwear that combines traditional Neapolitan craftsmanship with modern design, the brand is expanding its presence in the United States with […]

Walmart sells all JD.com stake


Walmart sells all JD.com stake

Image courtesy: thetechpanda.com As reported this week, Walmart sold its entire stake in Chinese e-commerce giant JD.com for $3.6 billion. This move underscores how the global retail scene is changing. Walmart made this strategic decision following its recent earnings report, in which the company reiterated its commitment to expanding its business mix and investing in […]

Shop owners join forces to host the first Northeast Vintage Block Party


Shop owners join forces to host the first Northeast Vintage Block Party

Vintage shops in the Old Town district in the northeast Oddities with moths, Vintage Oil, The Golden Pearl VintageAnd Twelve Vultures have joined forces to host the first Northeast Vintage Block Party on September 7th. The four shops have invited several vintage dealers, artists and brands from the Twin Cities to open a pop-up store […]

US retailer Walmart’s sales increase 4.8% to $169.3 billion in the second quarter of fiscal 2025


US retailer Walmart’s sales increase 4.8% to 9.3 billion in the second quarter of fiscal 2025

American retailer Walmart reported consolidated revenue of $169.3 billion in the second quarter of fiscal year 2025 (Q2 FY25), up 4.8 percent, or 5 percent on a constant currency basis. The retail giant’s consolidated gross margin improved by 43 basis points (bps), primarily driven by performance in its Walmart US and Walmart International segments. The […]

US retailer Walmart’s sales increase 4.8% to $169.3 billion in the second quarter of fiscal 2025


US retailer Walmart’s sales increase 4.8% to 9.3 billion in the second quarter of fiscal 2025

American retailer Walmart reported consolidated revenue of $169.3 billion in the second quarter of fiscal year 2025 (Q2 FY25), up 4.8 percent, or 5 percent on a constant currency basis. The retail giant’s consolidated gross margin improved by 43 basis points (bps), primarily driven by performance in its Walmart US and Walmart International segments. The […]

US retailer Walmart’s sales increase 4.8% to $169.3 billion in the second quarter of fiscal 2025


US retailer Walmart’s sales increase 4.8% to 9.3 billion in the second quarter of fiscal 2025

American retailer Walmart reported consolidated revenue of $169.3 billion in the second quarter of fiscal year 2025 (Q2 FY25), up 4.8 percent, or 5 percent on a constant currency basis. The retail giant’s consolidated gross margin improved by 43 basis points (bps), primarily driven by performance in its Walmart US and Walmart International segments. The […]

Walmart’s global advertising business grew 26% in the second quarter


Walmart’s global advertising business grew 26% in the second quarter

Walmart’s ambitions to become a major advertising player continue to grow. The retailer reported 26% year-over-year growth in its global advertising business in the second quarter of its fiscal 2025. In the U.S., Walmart’s advertising business, called Walmart Connect, saw 30% year-over-year growth in the same period. Walmart credited the advertising boom in particular to […]