With St. Patrick’s Day fast approaching, beer giant Guinness is offering 40 days of giveaway sweepstakes, including a grand prize trip to the new Open Gate Brewery in London. Then on the big day, fans can snap and share photos of the celebration for a chance to be featured in their next ad.
Here’s what else is going on in retail this week:
In data: The consumer price index for February is coming out on Tuesday. The inflation measure rose a higher-than-expected 0.5% month over month in January, up from 0.4% in December. Now economists are forecasting the gauge to slow to 0.01% this month, according to the Federal Reserve Bank of Cleveland, though many expect President Trump’s tariffs to raise prices in the near future.
In earnings: There’s a hodgepodge of Q4 earnings stragglers this week, from big box and discounters to apparel brands. Dick’s Sporting Goods is first up on Tuesday. The company had high expectations for the holiday season back in Q3, so we’ll see how those predictions turned out. Up next are Dollar Tree and American Eagle on Wednesday. The former just got through an executive shake-up, in which both its CEO and CFO stepped down, and the latter saw its revenue dip slightly in Q3. Last up on Thursday is Dollar General, which cut its forecast for the year after a mixed Q3.
In conferences: Electronics maker Sony is attending the CSUN Assistive Technology Conference in Anaheim, California, this week. The conference features the latest technology aimed at improving accessibility for disabled people, and Sony’s exhibit will feature accessible products and highlights its inclusive design initiatives, including wireless earbuds that allow users to stay connected to their surroundings.
Retail news that keeps industry pros in the know
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