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retaildive | July 01, 2019
S&P Global has upgraded PetSmart Inc.'s credit rating to "B-" from "CCC," according to a note emailed to Retail Dive.The upgraded rating is due in part to the proceeds from Chewy's initial public offering, which resulted in the retailer being able to repay about 15% of its term loan, according to S&P Global."The stable outlook reflects our view that PetSmart's store performance will improve modestly over the next 12 months and Chewy will continue to g...
fxstreet | January 16, 2020
Thursday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth of 0.3% for December as compared to the previous month's 0.2% increase. Sales excluding automobiles (core retail sales) are seen rising by 0.5% during the reported month as against a dismal 0.1% growth recorded in November. Meanwhile, the closely watched Retail Sales Control Group is expected to rise by 0.4% following a 0.1% increase in ...
businesswire | January 15, 2020
VTS, the commercial real estate industry’s leading leasing and asset management platform, today announced VTS Retail the industry’s only leasing platform designed specifically for the retail sector solving major issues retail landlords have in their leasing process. Unlike any existing offering for retail landlords, VTS Retail transforms the leasing process by enabling retail landlords to significantly reduce the time from prospect to tenant move-in and proactively manage shopping ce...
cloudcomputing | January 14, 2020
Google Cloud has announced it is expanding its retail acceleration program (RAP) among other initiatives designed to scale up retailers’ cloud projects. The moves were announced at NRF 2020, the biggest event in the retail space, with Google doubling down on its message to accelerate retailers’ digital growth and customer experience pinned together with its data expertise. Alongside RAP, which is Google’s overarching term for services which help retailers optimise their website...
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