Consumer spending held up well in July as inflation slowed, with retail sales turning in a stronger than expected showing for the month, the Commerce Department reported Tuesday.The advanced retail sales report showed a seasonally adjusted increase of 0.7% for the month, better than the 0.4% Dow…
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Retail
Parade to be bought by Fruit of the Loom licensee Ariela
Privately owned Ariela & Associates International has agreed to buy Parade, the VC-backed intimates startup…
Home Depot (HD) earnings Q2 2023
A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California. …
WMT, TGT, HD to report Q2 results
Compilation of Target, Walmart, Lowe's and Home Depot stores.ReutersHigh food prices. Low unemployment. And…
We’re booking profits in this off-price retailer, as the stock
Shares of the company are up roughly 1% Monday and hovering around all-time highs.
Read More: We're booking…
Kraft Heinz picks new CEO Carlos Abrams-Rivera to replace Miguel
Heinz Kraft products arranged at a Stop and Shop store in Dobbs Ferry, New York, US, on Tuesday, July 25,…
How cash-strapped consumers justify luxury purchases
By nearly every measure, Americans are financially strained. Yet, we're coming up with new ways to justify…
Black owned brands get boost from retailers like Nordstrom, Macy’s
Major retailers and brands have driven $14 billion in revenue to Black-owned businesses since May 2020.In the…
Nine states pass laws to crack down on theft
This is the final part of a three-part series on organized retail crime. The stories examine the claims…
College spending could boost retail sales
People walk on the campus of the University of North Carolina Chapel Hill on June 29, 2023 in Chapel Hill, North…