It doesn’t matter much to retailers, who used the early holiday sales to try to offload products before most shoppers had even picked out their Halloween costumes. But it signaled […]
Shopping and Retail
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Back to news homeBillions of Dollars at Stake in a Puzzling Holiday Shopping Season
It doesn’t matter much to retailers, who used the early holiday sales to try to offload products before most shoppers had even picked out their Halloween costumes. But it signaled […]
Are the Federal Reserve’s Rate Increases Working?
Economists at Goldman Sachs estimate that the Fed’s preferred inflation gauge, stripping out food and fuel costs, will slow to 2.9 percent by next December from 5.1 percent today. That […]
US Shoppers Are Still Spending, as Long as Retailers Give Them a Reason
Despite months of unease about the state of the economy, Americans remain willing to spend money on all sorts of goods. But they are making it clear that retailers must […]
Walmart Defies Gloom Over Inflation With Sales and Profit Upgrade
Walmart is also a bellwether for the retail industry, providing a hint at what earnings might look like for Target, Macy’s and others that report this week.Home Depot, for its […]
Amazon Is Said to Plan to Lay Off Approximately 10,000 Employees
The company has told Wall Street that it has tightened its belt in the past and can do so again. Last week, Amazon executives met with institutional investors, according to […]
Reno Is Booming. Some Workers Feel Left Behind.
Companies are flocking to the Nevada city, but the rising cost of housing, gas and groceries is making daily life a struggle for many who work there. Read More
Lockdowns in China, and North Korea, Deal Double Blow to Bridge City
SHENYANG, China — There are plenty of reasons that business has been lousy recently at Steven Wen’s clothing store in Shenyang, the largest city in northeastern China.Local officials locked down […]
Dollar Stores Report Higher Sales as Shoppers Seek Inflation Relief
The two largest chains of dollar stores in the country posted higher sales and profits in their latest quarter, a sign that consumers are flocking to discount retailers as rapid […]
Retailers Stumble Adjusting to More Selective Shoppers
This hasn’t been the year retailers planned for.After two years of navigating the pandemic — which brought record online sales and shoppers willing to buy all manners of items, to […]