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Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices.
Tagged with: inflation Retail spending
Read More »Retail sales up in June, easing fears of a recession
Retailers scale back hiring as worry about a slowdown grows
After going on a frenzied hiring spree for a year and a half to meet surging shopper demand, America's retailers are starting to temper their recruiting.
Tagged with: hiring jobs Retail
Read More »Facing huge inventory, Target cuts vendor orders, prices
Target is canceling orders from suppliers, particularly for home goods and clothing, and it's slashing prices further to clear out amassed inventory.
Read More »‘Buy it when you see it’: Retailers dread holiday shortages amid supply bottlenecks
Because of bottlenecks in the global supply chain, many stores are scrambling to try to get all the inventory they can ahead of the crucial holiday shopping season.
Tagged with: Retail stores supply chains
Read More »Labor Day bargains: What you need to know
This Labor Day, some Americans will have extra cash on hand for holiday weekend shopping. Here’s what you need to know about the sales.
Tagged with: Retail sales shopping
Read More »Retail sales fell 1.3% in May, as chip shortage dings auto industry
Retail sales fell in May, dragged down by a decline in auto sales and a shift by Americans to spend more on vacations and other services instead of goods.
Tagged with: Retail sales shopping
Read More »‘Tempers flare’: Retailers asking shoppers to help stop bad behavior against workers
A dozen retailers are collaborating on a campaign this fall to enlist customers to combat bad behavior against retail workers.
Tagged with: COVID-19 Retail shopping
Read More »‘I am definitely getting out’: Shoppers returning to stores, though retailers face challenges
With more people getting vaccinated and dropping their face masks, retailers from Walmart to Macy's are seeing an eager return to their stores.
Tagged with: pandemic Retail shopping
Read More »Kohl’s roars back in Q1, but 2021 outlook spooks Wall Street
Kohl’s raised its financial outlook for the year on Thursday, after a solid rebound in the first quarter from the devastating impact of the pandemic.
Tagged with: Economy Retail shopping
Read More »Retail results show shoppers are increasingly going out and spending
Shoppers, newly vaccinated, are emerging from their homes and going out again, and that, along with government stimulus payments, is helping to boost fiscal first-quarter results for major retailers Walmart and Macy's.
Tagged with: Economy Retail spending
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