Walmart announced that it’s raising its outlook for the year, thanks in part to a rocking start to the holiday shopping season.
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Target announced it will be slashing the prices of some 2,000 products, including food, beverages, gifts, and other home-holiday essentials.
Both Target and TJ Maxx posted stellar earnings results on the strength of the incredibly resilient US consumer.
The drug-store chain lowered prices on more than 1,500 items including vitamins, chips, lotion, and Squishmallow plushies.
The retailer will cut prices on up to 5,000 grocery items to keep pace with lower-cost rivals like Walmart.
The retailer is looking to spark its turnaround with its own version of an e-commerce membership.
The retailing giant could launch its own subscription shopping service to keep up with rivals Amazon and Walmart.
It’s official: 2023 has been the year of the American consumer. The propensity for Americans to spend as though they have bottomless bank accounts has bolstered U.S. gross domestic product (GDP) growth all year and catapulted the nation back on…
According to the US Commerce Department released Wednesday, retail sales dipped slightly month-over-month in October, falling just 0.1%.
There were plenty of business losers in 2024, but only one for whom the sky was literally falling. In short: Boeing had a bad year.
Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.