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Category: Retail & Wholesale


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 […]


Industries, Retail & Wholesale

Avocado prices hit a record high as Super Bowl Sunday approaches — the biggest single-day demand of the year for the fruit

February 7, 2022

Via: Markets Insider

Your famous Super Bowl guacamole may cost you more this season, as avocado prices hit a record high. A 20-pound box of Hass avocados from Mexico’s largest exporter to the US costs $6.29 more than it did during the same […]


Industries, Retail & Wholesale

Expert Ratings For Ulta Beauty

January 26, 2022

Via: Markets Insider

According to 10 analyst offering 12-month price targets in the last 3 months, Ulta Beauty has an average price target of $458.2 with a high of $516.00 and a low of $365.00. Below is a summary of how these 10 […]


Industries, Retail & Wholesale

Wholesale prices jumped a record 9.7% in 2021

January 13, 2022

Via: ABC News

Prices at the wholesale level surged by a record 9.7% for all of 2021, setting an annual record and providing further evidence that inflation is still present at all levels of the U.S. economy. The Labor Department reported Thursday that […]


Industries, Retail & Wholesale

Walmart, Kroger raise at-home Covid test prices after White House agreement expires

January 5, 2022

Via: NBC News

Walmart and Kroger raised the price of Abbott’s at-home Covid-19 test kit after an agreement with the White House to sell the tests at a reduced price expired, the companies said Tuesday. The BinaxNOW kit, one of the first at-home […]


Industries, Retail & Wholesale

Christmas tree buyers face reduced supplies, higher prices

December 2, 2021

Via: ABC News

Even Christmas trees aren’t immune to the pandemic-induced shortages and inflation plaguing the economy. Extreme weather and supply chain disruptions have reduced supplies of both real and artificial trees this season. American shoppers should expect to have fewer choices and […]


Industries, Retail & Wholesale

Cyber Monday sales should be robust but business cooling

November 29, 2021

Via: ABC News

Consumers are expected to spend between $10.2 billion and $11.3 billion on Monday, making it once again the biggest online shopping day of the year, according to Adobe Digital Economy Index. Still, spending on what’s known as Cyber Monday could […]