#Retail
Latest news and updates about Retail.
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Latest news and updates about Retail.
Featured Coverage
Explainers & Analysis
No explainers tagged yet. We are curating them now.
Trent Ltd, one of the most expensive retail stocks in India by valuation metrics, is set to report its March quarter earnings along with a likely bonus announcement, with investors closely watching growth sustainability and margin trajectory. HDFC Securities estimates revenue growth of about 20% YoY to around Rs 4,940 crore, broadly in line with the company’s pre-quarter update.
The biggest tax changes you'll see Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% in March from the prior month, the Commerce Department reported on Friday. The IRS issued $84 billion in tax refunds this March, about $25 billion less than they issued in March of 2022, according to BofA analysts.
