Retail Sales Rose Sharply
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China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
Under Armour is laying off workers as retailer says North America sales will plunge this year
Sales in Under Armour's largest market in North America are falling as inflation-weary consumers pull back on new clothes and shoes.CNBC - Business -
Defending champion Rose Zhang withdraws during Round 1 of Mizuho Americas Open
Zhang had completed three holes before she made the decision to withdraw.Yahoo Sports - Sports -
Rose Zhang withdraws from this week's LPGA tournament because of illness after playing three holes
Defending champion Rose Zhang withdrew from the Mizuho Americas Open because of illness after completing only three holes of the opening roundABC News - Sports -
Retailers' Shelves Are Attractive Again. At Least for Skechers.
Footwear and apparel brand Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in that category.The Wall Street Journal - World -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Chinese Retailer Temu Under Fire From European Consumer Groups
Temu, the discount retailing app owned by Chinese e-commerce giant PDD Holdings, is facing consumer complaints that its business practices violate a new online content law in Europe.The Wall Street Journal - Business - China -
Amazon Is Hosting a Massive Book Sale
Ebooks, paperbacks, and hardcover editions are deeply discounted through May 20.Wired - Tech - Amazon -
Walmart and Other Retail Earnings Show Inflation Still Pushing Consumers to Seek Deals
Low prices drive consumers to shop at the big box chain, while fewer people are buying fancy coffees or taking on home improvement projects, as Starbucks and Home Depot report sales declines.Inc. - Business -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
Retailers are converging on 'middle-price-point' items as the best way to reach consumers, a new CNBC Supply Chain Survey shows.CNBC - Business -
Cash Crunch May Force Sale of Stability AI
As tech giants start to dominate the artificial intelligence market, smaller players feel the squeeze.Inc. - Business -
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JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Aristocrat to Consider Sale, Spinoff of Game Developers
Australia-based slots and digital gaming company Aristocrat Leisure will consider a sale or a spinoff of two game developers that no longer fit in as well in its portfolio.The Wall Street Journal - Business -
Flats for sale with outside space in Great Britain – in pictures
From balconies with countryside and harbour views, to those with far-reaching cityscapes Continue reading...The Guardian - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Best Buy has a sale on the best TVs for watching sports in 2024
Best Buy just slashed up to $900 off the price of premium 4K TVs from LG, Samsung, Sony and more.CBS Sports - Sports -
Best Buy has a huge sale on TVs ahead of Memorial Day
Save hundreds on TVs from top brands like Samsung, LG, TCL and more with Best Buy's pre-Memorial Day deals.CBS News - Top stories