Retail industry
- Business
Retail sales rose more than expected in June as consumers remain resilient despite inflation
Consumer spending held up during June’s inflation surge, with retail sales rising slightly more than expected for the month amid…
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Levi Strauss hikes dividend as second-quarter earnings exceed expectations
A sign is posted in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco,…
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Inflation and recession fears are squeezing some industries more than others
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as…
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Kohl’s sale negotiations could drag on for weeks, possibly longer, amid market volatility
The drawn-out bidding process for Kohl’s doesn’t appear to be coming to an end any time soon. It could take…
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Best Buy says softer demand is sticking around, but company isn’t planning for a recession
Best Buy reported lower sales for its fiscal first-quarter and the retailer cut its outlook for the year, citing softer…
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Kohl’s says final sale bids expected in coming weeks; retailer slashes full-year outlook after earnings miss
Kohl’s on Thursday said final and fully financed bids from potential buyers are expected in the coming weeks, as the…
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Starbucks to hike wages, double training for workers as CEO Schultz tries to head off union push
A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela | Reuters Starbucks said it will hike…
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Top Wall Street analysts like these stocks for long-term upside
Earnings season is yet again upon us, with prominent names reporting this week. Volatility remains a focus for investors, and…
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Retailers start to warn of business impact from Russia’s invasion of Ukraine
Employees put wooden shields on the window of Louis Vuitton shop in Kyiv on February 24, 2022 as Russia’s ground…
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CVS files to trademark its pharmacy and health clinics in the metaverse
Nikolas Kokovlis | Nurphoto | Getty Images CVS Health is looking to be the first pharmacy in the metaverse. The…
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