Retail CEOs breathe a sigh of relief as US vote distraction ends
But the question of what a Trump presidency might mean for retailers, brands and restaurants remains
New York
BARNES & Noble Inc chief executive officer Len Riggio is happy with the US presidential election - happy it's over.
Mr Riggio complained along with other retailers that the volatile campaign was a massive distraction that kept Americans from shopping. Barnes & Noble, the world's biggest bookstore chain, said it saw the biggest impact on weeknights, when the three major cable TV networks provided a steady diet of talking heads weighing the strengths and weaknesses of Donald Trump and Hillary Clinton.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
HCA beats first-quarter profit estimates on higher patient admissions
US FDA approves Pfizer’s gene therapy for rare bleeding disorder
EU toughens rules on Chinese fashion retailer Shein
Best World under fire from shareholders at AGM over dividends, director salaries
‘Extreme’ climate blamed for world’s worst wine harvest in 62 years
Sheng Siong Q1 net profit up 9.3% on higher revenue