Industries, Retail & Wholesale
August 16, 2023
Via: Investing.comU.S. stocks are mixed after a slate of reports from major retailers such as Walmart and Target and as investors digested the minutes of the Federal Reserve’s meeting in July. At 10:05 ET (14:05 GMT), the Dow Jones Industrial Average […]
Industries, Retail & Wholesale
July 21, 2023
Via: ABC NewsWalmart, the nation’s largest retailer, has slashed the price of its online subscription service in half for those on government assistance, a move that should help perk up membership. The Bentonville, Arkansas-based retailer said the Walmart+ service will cost $49 […]
Industries, Retail & Wholesale
July 6, 2023
Via: DailyFXThe economic situation in Europe continues to deteriorate as the latest data points: Eurozone retail sales and German construction PMIs disappoint. Retail sales in the Eurozone during the month of June was flat despite forecasts of a modest 0.2% improvement […]
Industries, Retail & Wholesale
June 21, 2023
Via: MoneyWeekWhat does the future hold for grocery costs? Here we need to monitor prices of ‘soft’ commodities: agricultural products, essentially. Softs are among the world’s oldest traded products, though different exchanges classify soft commodities differently. They are traded in futures […]
Industries, Retail & Wholesale
May 16, 2023
Via: ABC NewsAmericans picked up their spending modestly in April, spending money online and dining out, buoyed by a solid job market and a retreat in prices for some things. Car sales also rose despite prices that continue to soar, according to […]
May 10, 2023
Via: Markets InsiderThe U.S. Postal Service today established proposed published pricing for its new product offering, USPS Ground Advantage. Pending favorable review and comments from the Postal Regulatory Commission (PRC), USPS Ground Advantage would launch on July 9. At launch, USPS Ground […]
Industries, Retail & Wholesale
March 15, 2023
Via: Markets InsiderSweden’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
February 17, 2023
Via: Investing.comEarnings 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
February 16, 2023
Via: ABC NewsWholesale 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
February 15, 2023
Via: ABC NewsAmerica’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
January 26, 2023
Via: Markets InsiderUK 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
December 15, 2022
Via: The Wall Street JournalU.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
August 11, 2022
Via: ABC NewsPrices 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
July 27, 2022
Via: Sky NewsFood 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
July 22, 2022
Via: Sky NewsNon-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
July 15, 2022
Via: ABC NewsConsumers 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
July 12, 2022
Via: Sky NewsThe 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
June 7, 2022
Via: ABC NewsShares 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
May 31, 2022
Via: The Wall Street JournalSupermarkets 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
May 25, 2022
Via: Equities NewsKohl’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 […]