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Walmart beat earnings expectations as its sales rose, but the company offered a cautious outlook for the rest of the year.
2 months ago
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Prices have fallen, especially on general merchandise and on some key grocery items, said Walmart chief Doug McMillon.
2 months ago
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Target is still catering to shoppers who are hungry for deals and aren’t buying much more than the necessities.
2 months ago
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Home Depot narrowed its earnings and revenue outlook for the year after it beat expectations on both metrics in the third quarter.
2 months ago
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With its comments, Home Depot gave fresh hope that relief could be coming for consumers or the broader economy.
2 months ago
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The startup Wonder Group is making a push to sell its proprietary kitchen equipment to other businesses, such as airports and sports arenas.
3 months ago
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The discounter Walmart has attracted more high-income households because of inflation and investments in its stores and website.
3 months ago
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Target is doubling down on its cautious outlook as it prepares for the holiday shopping season.
3 months ago
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The NRF’s CEO expects higher wages and job security to give shoppers confidence to spring for gifts and decorations. But he acknowledged challenges.
3 months ago
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Holiday forecasts indicate U.S. consumers are eager to celebrate but are feeling stretched and looking for deals.
3 months ago
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The holiday season is the first overseen by Kohl’s new CEO, Tom Kingsbury, and chief merchant Nick Jones.
3 months ago