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News
Consumers are already on their holiday shopping grind, set to outspend 2025
1+ day, 19+ hour ago (275+ words) Even though back-to-school shopping just wrapped, consumers may already be checking off holiday wishlists in September, according to a new Accenture survey. Accenture Global consumer goods, retail, and travel lead Kath Gramling comments on how early shoppers may already be…...
Hydrosat and Kazakhstan Gharysh Sapary Sign Agreement to Advance Sovereign Thermal Satellite Capabilities for Central Asia
5+ day, 20+ hour ago (122+ words) The proposed collaboration combines Hydrosat's thermal infrared payload technology and AI-powered analytics with KGS's spacecraft expertise and regional operational capabilities to evaluate a dedicated national satellite capability that would provide governments with independent access to the thermal data needed to…...
Dollar stores benefit as shoppers remain under pressure
1+ week, 4+ day ago (409+ words) As elevated fuel prices and overall economic uncertainty continue to squeeze consumers, dollar stores are having a feast, with sales of consumable goods doing particularly well. Dollar Tree and Dollar General both saw sales of consumables rise markedly during their…...
Kyiv shopping center once belonging to sanctioned oligarch on sale for $207 million
1+ week, 5+ day ago (473+ words) A popular Kyiv shopping and business center was officially put up for sale with a starting price of $207 million on Aug. 31, a year after it was wrestled away from a sanctioned oligarch, sparking a battle for ownership. The fate of…...
Kevin O'Leary, worth $400 million, compares paper towel prices at Walmart as grocery costs climb 5.9%
2+ week, 1+ day ago (638+ words) Kevin O'Leary has a net worth of approximately $400 million. He owns homes in Florida, Massachusetts, and Toronto. He's one of the most recognizable faces on Shark Tank. And last week, he was standing in a Walmart aisle, comparing paper towel…...
Shoppa.ca launches as Canada's home for Canadian-owned online shopping
3+ week, 3+ day ago (199+ words) Hundreds of Canadian businesses and tens of thousands of products, in one place, coast to coast, make it easy for Canadians to discover and support Canadian businesses. The appetite is clear. A reported 53%¹ of Canadians say they will go out…...
CIO sees Walmart results as key test of US consumer spending
3+ week, 3+ day ago (100+ words) STORY: "Walmart will be the tell on whether the U.S. consumer is pulling back."Coons said recent results from TJ Maxx and Target offer conflicting signals on the health of the U.S. consumer, with TJ Maxx reflecting demand for value among price-sensitive…...
Chinese chipmaker SMIC increases prices on strong AI demand
4+ week, 2+ day ago (172+ words) China's top foundry, Semiconductor Manufacturing International Corp, said on Friday that AI-related demand would continue to underpin orders for its production, and that it had raised prices for its most sought-after capacity. Co-CEO Zhao Haijun said on an earnings call…...