Category: Retail News
Why Home Depot’s weak outlook could be a warning sign for Target earnings
Home Depot signaled that consumers are pulling back on discretionary spending even during the busier spring season. [...]
Here’s what to expect when Club apparel retailers TJX and Foot Locker report this week
TJX Companies (TJX) and Foot Locker (FL) are set to deliver quarterly results, as consumers continue to be squeezed by a slowing economy and inflation [...]
These retailers are most at risk for a margin squeeze this earnings season thanks to cautious consumers, heavy promotions
Affordability is the primary thing consumers are considering before buying something and it could lead retailers to use discounts to woo customers. [...]
Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation
Excluding auto-related figures, sales increased 0.4%, which was in line with expectations. [...]
Target wants shoppers to think of it for groceries as retailer braces for leaner spending
Target wants to stand out on grocery quality and price, after gaining grocery shoppers during the pandemic. [...]
Home Depot just forecast weak consumer demand — here’s what that could mean for the rest of the economy
The broader-market implications of Tuesday morning's post-earnings stock move for Home Depot are going to be significant. [...]
Home Depot posts worst revenue miss in about 20 years, lowers forecast as consumers delay big projects
The home improvement retailer said customers are taking on smaller projects and skipping big-ticket purchases, such as patio sets and grills. [...]
Amazon is focusing on using A.I. to get stuff delivered to you faster
Amazon aims to use artificial intelligence to speed up deliveries — by minimizing the distance between its products and customers, a top executive tol [...]
China’s recovery lifts U.S. companies’ sales as domestic consumers pull back spending
Many U.S. companies said China's recovery helped their quarterly sales, but demand hasn't snapped back as quickly as expected for some. [...]
Shifting to life post-Covid: How remote work transformed this city in the Midwest
Lansing, Michigan is one example of how downtowns have attempted to move away from office-centric economies. [...]