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Category: Retail & Wholesale


Industries, Retail & Wholesale

Sweden Inflation Climbs To 12.0% On Higher Food Prices

March 15, 2023

Via: Markets Insider

Sweden’s consumer price inflation increased unexpectedly in February, largely driven by higher food costs, data from Statistics Sweden showed on Wednesday. The consumer price index rose 12.0 percent year-over-year in February, faster than the 11.7 percent increase in January. Economists […]


Industries, Retail & Wholesale

Retailers’ results may be next test for rally in U.S. stocks

February 17, 2023

Via: Investing.com

Earnings results from major retailers in the coming weeks will test the strength of the U.S. stock market rally, as investors gain insight into the health of consumer spending and the fallout on company bottom lines from inflation. As a […]


Industries, Retail & Wholesale

US wholesale inflation slows, but price pressures re-emerge

February 16, 2023

Via: ABC News

Wholesale prices in the United States rose 6% in January from a year earlier, decelerating for a seventh straight month. But on a month-to-month basis, prices reaccelerated in January, indicating that inflation pressures continue to underlie the U.S. economy. The […]


Industries, Retail & Wholesale

Retail sales jump as Americans defy inflation and rate hikes

February 15, 2023

Via: ABC News

America’s consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years, underscoring the economy’s resilience in the face of higher prices and multiple interest […]


Industries, Retail & Wholesale

UK Retail Sales Volumes Fall At Faster Pace In January – CBI Survey

January 26, 2023

Via: Markets Insider

UK retail sales volumes dropped at a faster-than-expected pace at the start of the year, and retailers expect them to decline again next month, but at a slightly slower rate, survey data from the Confederation of British Industry, or CBI, […]


Industries, Manufacturing, Retail & Wholesale

Retail Sales, Factory Declines Point to Slowing Economy

December 15, 2022

Via: The Wall Street Journal

U.S. retail spending and manufacturing weakened in November, signs of a slowing economy as the Federal Reserve continues its battle against high inflation. November retail sales fell 0.6% from the prior month for the biggest decline this year, the Commerce […]


Industries, Retail & Wholesale

US wholesale inflation fell in July for 1st time in 2 years

August 11, 2022

Via: ABC News

Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month. Thursday’s report from the Labor Department showed […]


Industries, Retail & Wholesale

Shop price inflation rises to 4.4% in July – the highest rate since 2005

July 27, 2022

Via: Sky News

Food inflation was up 7%, compared to 5.6% in June. This was partly due to a 8% rise in fresh food inflation, up from 6.2% in June. Non-food inflation hit 3%, up from 1.9% in June – a record-high, beating […]


Industries, Retail & Wholesale

Platinum Jubilee failed to prevent fall in retail sales

July 22, 2022

Via: Sky News

Non-food stores, such as clothing and household goods, which slumped by 4.7% and 3.7% respectively, were hit particularly hard, according to data from the Office of National Statistics. Some had hoped that the Queen’s Platinum Jubilee would give shops a […]


Industries, Retail & Wholesale

Retail sales up 1% in June, easing fears of a recession

July 15, 2022

Via: ABC News

Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices at the gas pump and in grocery aisles and allaying fears that the economy might be on the verge of a recession. U.S. retail […]


Industries, Retail & Wholesale

Retail sales fall to lowest rate ‘since depths of pandemic’

July 12, 2022

Via: Sky News

The British Retail Consortium (BRC) said the value of total sales was 1% lower in June than a year ago. That followed a 1.1% decline in May. Like-for-like sales, which adjusts for changes in floor space, fell 1.3%. However, the […]


Industries, Retail & Wholesale

After rough run, Kohl’s surges on potential takeover

June 7, 2022

Via: ABC News

Shares of Kohl’s spiked more than 11% Tuesday after the retailer said that it is in advanced talks to be sold in a deal worth about $8 billion. The Wisconsin chain said late Monday that it was in a three-week […]


Industries, Retail & Wholesale

Grocery Chains Fight Price Increases

May 31, 2022

Via: The Wall Street Journal

Supermarkets and distributors are pushing back on higher prices from food makers, as escalating inflation drives more consumers to rethink their spending. Kroger Co. and other grocery chains said they are asking brands to prove why higher prices are necessary […]


Industries, Retail & Wholesale

Kohl’s Still in Play To Be Acquired

May 25, 2022

Via: Equities News

Kohl’s Corporation ( Kohl`s Corp. – $43.19 1.57 (0.03624%) ) shares jumped 12% Wednesday after a Reuters report revived investors’ hopes that the company could still be acquired. The report cited people familiar with the matter as saying that multiple […]


Industries, Retail & Wholesale

Target feels inflation’s sting in first quarter, shares slip

May 18, 2022

Via: ABC News

Target took a big hit from higher costs during the first quarter despite brisk sales and shares appeared headed for their most severe sell-off since the Black Monday market crash of 1987. Profits for major retailers has come under pressure […]


Industries, Retail & Wholesale

Under Armour profit to take hit from higher costs, China curbs; shares tank

May 6, 2022

Via: Investing.com

Under Armour Inc forecast full-year profit below estimates on Friday, as the sportswear maker grapples with higher transportation costs and a hit to its business from renewed COVID-19 curbs in China. Shares of Under Armour (NYSE:UA) tumbled over 21% in […]


Industries, Retail & Wholesale

U.S. Consumers Boosted Spending in March

April 29, 2022

Via: The Wall Street Journal

Consumers spent more in March, showing American households are absorbing high inflation and are positioned to propel the economy heading into the spring and summer. Personal-consumption expenditures increased a seasonally adjusted 1.1% in March from the prior month, the Commerce […]


Industries, Retail & Wholesale

Amazon shares plunge as it frets over rising costs and lower demand as COVID eases

April 28, 2022

Via: Sky News

The company’s first quarter results included its first quarterly loss since 2015 though the $3.8bn sum was blamed on a $7.6bn writedown in the value of its investment in electric vehicle start-up Rivian. However, the red ink was overshadowed by […]


Industries, Retail & Wholesale

Lowe’s posts strong Q4 results on strong housing market

February 23, 2022

Via: ABC News

Lowe’s Cos., the nation’s second-largest home improvement chain behind Home Depot, offered an upbeat annual outlook after reporting strong fiscal fourth-quarter results that showed a still sizzling housing market. The report, released Wednesday, follows a robust quarterly report from Home […]


Industries, Retail & Wholesale

Best Buy: New Business Initiative Could Lead To Higher Share Price

February 11, 2022

Via: Seeking Alpha

From the pandemic-low share prices in March of 2020, Best Buy (BBY) has made immense highs (over $140) and more recently fallen to under $100 per share. While this recent bearish behavior in price action comes largely from slowing growth […]