Luggage and personal effects retail chain Witco has announced the closure of its business after 65 years of operation due to Covid-19 disruptions. While the company had announced the closure…
Tag: Retail
Japanese Financial Giant GMO Internet Group Partners with INX Limited to Bring NYDFS Regulated Stablecoins to Retail and Institutional Investors
GMO Trust is the New York-based, regulated stablecoin subsidiary of Japanese Internet and Financial Services conglomerate GMO Internet Group (“GMO Group”). This represents a heavyweight partner in the financial industry…
Stock futures fall after retail sales disappoint, earnings come in mixed
Stocks fell on Tuesday, with the major indexes pulling back from record levels amid a mixed batch of earnings results from major retailers. A closely watched monthly report on retail…
Stocks turn negative despite unexpected rise in retail sales
Stocks erased earlier gains to turn lower on Friday as traders digested a slew of earnings results and a new report on consumer spending that came in stronger-than-expected for June.…