Australian retail: US headwinds could be a warning sign
Consumer discretionary spending appears to be slowing as shoppers battle higher costs of living.
Source: afr.com
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Top News In Ben Gilbert Today - Breaking & Trending Today
Electricity prices could shock businesses and ASX listed share prices
Investors need to consider how rising electricity and gas prices will hit stocks, particularly in the retail sector.
Source: afr.com
Retail: Wesfarmers, Woolworths ecosystem strategies still being assessed
Wesfarmers and Woolworths are spending billions building retail ecosystems, primarily to fend off Amazon, but it’s unclear whether they will build or destroy shareholder value.
Source: afr.com
NY's Weed Farmers Still Don't Know Where They're Going to Sell It
The first legal weed sales in New York City are scheduled to open later this year, but there still aren't any retail shops to sell it.
Source: businessinsider.com
Conan O'Brien Sells Podcast Network for Reported $150 Million
Even though SiriusXM is acquiring the Team Coco network and its staff, "Conan O'Brien Needs a Friend" will stay on all podcast platforms.
Source: businessinsider.com