Latest in Retail Sales
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Retail sales slump. Cold snap and post-holiday blues depress spending.
Consumers took a breather from holiday shopping season and a severe cold snap in the U.S. kept people indoorsMarketWatch - 6d -
Retail sales make biggest drop in almost 2 years
Retail and food sales made their largest monthly drop in January since March 2023, marking an end to the buying surge that took off in the run-up to the 2024 election. Sales fell by 0.9 percent to ...The Hill - 6d -
Retail sales slumped 0.9% in January, down much more than expected
Excluding autos, prices fell 0.4%, also far off the consensus forecast for a 0.3% increase.CNBC - 6d -
Retail sales slumped 0.9% in January, down much more than expected
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday.NBC News - 6d -
Treasury yields end at one-week lows after surprisingly steep drop in retail sales
U.S. government debt rallied for a second day on Friday, sending yields to one-week lows, after January retail-sales data came in sharply lower than expected and raised questions about the strength ...MarketWatch - 6d -
National retailers warn of higher prices with reciprocal tariffs
The National Retail Federation (NRF) is warning that higher prices will soon hit Americans as President Trump signs off on reciprocal tariffs on foreign trading partners. “While we support the ...The Hill - 6d -
M&S boss says retailers 'raided like a piggy bank'
Stuart Machin says the sector is facing a wave of tax rises and the government needs to "lighten the burden".BBC News - Feb. 9 -
3 Top Technologies Impacting Retail Supply Chains in 2025
Companies are embracing these tech trends to grow with the times.Inc. - Feb. 9 -
Costco latest retailer to limit egg purchases: What are other stores doing?
Trying to stock up on eggs? You may have a hard time — if the shelves near you aren't already empty.The Hill - Feb. 11 -
Fair and Square? Chinese retail chain’s expansion rankles Kenyan rivals
Local business owners in Nairobi said the rapid expansion of China Square had created an uneven playing field. On a cool Friday morning in an expansive mall in Nairobi, dozens of people thronged ...The Guardian - Feb. 12 -
Egg prices shot up 15% in January as retailers limit customer purchases
The bird flu is still wiping out poultry flocks, leading to supply shortages. Here's when egg prices could come down, experts say.CBS News - Feb. 12 -
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Amazon's fastest-growing business isn't retail or cloud — why that's a good thing
The company has one of "the best mix shift stories you can find in tech land," one analyst said.CNBC - 12h -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - 2h -
Eric Adams is not for sale. He’s for rent!
New York City Mayor Eric Adams, who was indicted on five counts of bribery, wire fraud and soliciting illegal campaign contributions from foreign nationals, had his case dropped by Deputy Attorney ...The Hill - 2d -
Panel rules for Lore, A-Rod in Timberwolves sale
The ownership transfer of the Minnesota Timberwolves must continue as planned, after an arbitration panel ruled Monday that controlling owner Glen Taylor must cede control of the club to partners ...ESPN - Feb. 11 -
Annuity sales soar to 10-year high
Higher rates and economic fears persuade retirees to opt for guaranteed incomesFinancial Times - Feb. 12 -
Santander explored sale of UK business with NatWest
Talks last year came as the British high street lender takes a robust approach to growth ahead of government exitFinancial Times - Feb. 13 -
Beyoncé ticket sale runs smoothly, to fans' surprise
Tickets for Beyoncé's latest UK dates go on general sale on Friday, with prices reaching up to £950.BBC News - 6d -
Blackstone puts First Eagle up for sale for $4bn
Decision to offload the business comes as private equity groups look to capitalise on a flurry of takeover activityFinancial Times - 6d -
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.NBC News - 2h -
How Mac and Cheese Upstart Goodles Got Retailers Like Target to Roll Out the Red Carpet
Kraft and Annie’s already dominate the kiddie market, so Goodles co-founder Jen Zeszut went for young adults instead.Inc. - Feb. 10 -
Kanye West sued, dropped by talent agency and retail platform over antisemitic slurs
Rapper’s fashion brand Yeezy taken offline by Shopify after he sold T-shirt with swastika design and praised Hitler. • Warning: this article contains offensive language and views . Kanye West has ...The Guardian - Feb. 12 -
4 ways to find the best egg deals, from a retail expert—and the grocery store that’s a 'clear winner' for low prices
With egg prices expected to keep rising in 2025, you might want to consider using grocery store apps to save money.CNBC - Feb. 12 -
Retail investors bought the dip after hot CPI. This Goldman strategist says the tide is about to turn.
“This is the last bullish email that I will send for Q1 2025,” says strategist.MarketWatch - Feb. 13 -
As retailers drop DEI programs, Black founders could face obstacles to staying on shelves
Retailers like Walmart and Target recently scaled back similar efforts focused on finding and funding more brands founded by people of color.NBC News - 6d -
As Target and other retailers drop DEI programs, Black founders could face tougher battle to get and stay on shelves
Some retailers have walked back supplier programs intended to address the additional hurdles that Black and minority founders face, including funding.CNBC - 6d -
We're exiting our position in a retail stock to lock in our profits before it's too late
We'll realize an average gain of about 17% on shares purchased in April and July 2024.CNBC - 4h -
PlayStation Just Had Its Best Sales Quarter Yet, PS5 Lifetime Sales Now At 75 Million
The PlayStation 5 has reached a new milestone, as Sony revealed that the console has enjoyed its best sales quarter to date. In its financial results for the three months that ended on December 31, ...GameSpot - Feb. 13 -
EV Sales Climb in Spite of Automaker Losses and Trump-Related Uncertainty
Ford’s EV unit lost billions of dollars, but at the same time, EV sales as a whole were up in the U.S. in 2024 compared to the year before.Inc. - Feb. 6 -
McDonald's revenue disappoints, as U.S. sales see worst drop since pandemic
McDonald’s on Monday reported disappointing quarterly revenue, dragged down by weaker-than-expected sales at its U.S. restaurants following an E. coli outbreak just weeks into the quarter.NBC News - Feb. 10 -
McDonald’s reports sales growth in fourth quarter as Gaza boycott eases
US fast-food chain records like-for-like improvement in revenue, with business improving in Middle EastFinancial Times - Feb. 10 -
McDonald's revenue disappoints, as U.S. sales see worst drop since pandemic
Shares of McDonald's have risen just 2% over the past year.CNBC - Feb. 10 -
RPG Fans Should Check Out This Square Enix Game Sale On Amazon
A bunch of Square Enix role-playing games are discounted at Amazon and Target , making this a great time to check out some of the studio's best RPGs for PlayStation and Nintendo Switch released ...GameSpot - Feb. 10 -
Coca-Cola sales easily top estimates as global demand rises
Shares of Coke have risen 7% over the past year, raising its market cap up to $275 billion.CNBC - Feb. 11 -
Save On Popular Board Games With Amazon's B1G1 50% Off Sale
Amazon is running a Buy One Get One 50% deal on select board and card games. A bit of everything is included in the event, ranging from classics like Jenga and Trouble to more complex titles ...GameSpot - Feb. 11 -
Biogen’s stock slides on soft guidance and a decline in sales of MS drugs
Sales of an Alzheimer’s disease treatment were better than expected, but that and a quarterly beat wasn’t enough to offset below-consensus EPS outlook.MarketWatch - Feb. 12 -
Tariffs would be 'catastrophic' for sales of tequila and mezcal, industry group says
The U.S. spirits industry maintained its market share leadership over beer and wine for a third straight year in 2024, even as revenues slid, according to new data released Tuesday.NBC News - Feb. 12 -
Wall Street nears sale of $3bn of debt tied to Musk’s Twitter buyout
Billionaire’s close ties to re-elected US president have piqued investors’ interestFinancial Times - Feb. 12
