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Macy's says inflation is slowing spending, but not by the wealthy
Persistent high inflation has taken a toll on shoppers, Macy's said on a conference call Tuesday follow...
August 24, 2022, 12:12 am
Macy's cuts full-year forecasts as inflation hits department store spending
(Reuters) -Macy's Inc cut its full-year sales and profit forecasts on Tuesday as decades-high inflation saps consumer spending power for apparel and o...
August 23, 2022, 7:05 am
Macy's cuts full-year forecast despite strong quarter, fearing shoppers will pull back on spending
Macy's on Tuesday cut its full-year forecast, saying it anticipates deteriorating consumer spending on discretionary items like apparel....
August 23, 2022, 6:56 am
Amazon puts the cork in fresh uk store openings
Amazon has put the cork in its large-scale UK roll-out of Amazon Fresh, the till-free grocery store chain, after facing poor sales in the current crop...
August 22, 2022, 6:29 am
Walmart's long-lasting challenge: luring budget shoppers back to its stores
Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted for the neighborhood dollar ...
August 11, 2022, 6:07 am
Ferragamo partners with farfetch to boost online presence
Italian fashion house Salvatore Ferragamo on Thursday said it had struck a partnership with online luxury shopping retailer Farfetch to expand its dig...
August 11, 2022, 3:43 am
Apple faces lukewarm demand in china after quarterly revenue drop -analysts
Apple should brace for a weakening of demand in China as shoppers curb spending in an anemic economy, s...
July 29, 2022, 1:35 am
Walmart cuts profit outlook, stock plunges
Walmart says its adjusted earnings per share will fall as much as 13% in the current fiscal year as US shopper...
July 26, 2022, 2:52 pm
Walmart is slashing prices on clothing and other products
Many shoppers have pulled back on buying clothing and other discretionary items as the highest inflatio...
July 25, 2022, 6:13 pm
Walmart warns of lower profit due to food, gas inflation
Walmart on Monday lowered its profit outlook for the second quarter and the full year, citing surging inflation on basics like food that is forcing
July 25, 2022, 5:53 pm
Gm is launching an online ev service to educate and woo consumers
General Motors launched a program Monday to educate car shoppers on electric vehicles and target first-...
July 25, 2022, 9:30 am
Amazon chooses fresh battleground to take on u.k.'s biggest retailer
Despite a grocery market share just a tenth the size of U.K. giant Tesco's, Amazon last week fired a new salvo in the battle for cash-strapped British...
July 25, 2022, 9:27 am
Asos claws back on supplies over concerns about future orders
Asos PLC has decided to delay some of its autumn orders on concerns its customers will cut back on new clothes due to the cost-of-living crisis. Some ...
July 25, 2022, 6:47 am
Analysis: colgate, tide maker p&g rejig price tactics to keep cash-strapped shoppers
The makers of everyday staples such as Colgate toothpaste and Charmin toilet paper are readying new strategies to keep cash-strapped consumers buying ...
July 25, 2022, 6:11 am
Macy's new toy shops could be a winning play this christmas
Selling toys on its website has given Macy's new online customers. Now, it is preparing to see if toys will draw additional ...
July 24, 2022, 4:14 pm
Yeezy items are heading to gap stores but it's still unclear how gap is maximizing on this buzzy partnership, analyst says
Two years after the partnership between Ye (formerly Kanye West) and Gap Inc. was announced, shoppers a...
July 21, 2022, 3:01 pm
Trees corporation acquires burlington, ontario's camp cannabis
Trees Corporation (NEO:TREE.AQN) announced that it has completed its acquisition of 100% of 2707461 Ontario Ltd (Camp Cannabis) from Barnard Cann Ltd....
July 13, 2022, 11:29 am
Consumers are still grabbing snacks at the grocery store despite higher prices but inflation remains a concern for pepsico
Higher grocery prices haven't kept some shoppers from picking up many of PepsiCo's iconic products incl...
July 12, 2022, 4:39 pm
Amazon's smart grocery carts are coming to some whole foods stores
The Dash Cart, introduced in 2020, tracks and tallies up items as shoppers place them in the cart, enab...
July 11, 2022, 6:28 pm
Nordstrom prices are too high, survey finds
A UBS consumer survey of U.S. off-price and department-store retailers found that shoppers avoid Nordst...
July 11, 2022, 11:14 am
