Retail And Wholesale Sector Performance
Cyber Monday deals lure in consumers amid high inflation
Nov 28, 2022

Cyber Monday deals lure in consumers amid high inflation

Days after flocking to stores on Black Friday, consumers are turning online for Cyber Monday to score more discounts on gifts and other items that have ballooned in price because of high inflation...

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Inflation hovers over shoppers seeking deals on Black Friday
Nov 25, 2022

Inflation hovers over shoppers seeking deals on Black Friday

Shoppers eager to start holiday shopping but weighed down by inflation are hunting for the best deals at stores and online this Black Friday...

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Inflation hovers over shoppers heading into Black Friday
Nov 25, 2022

Inflation hovers over shoppers heading into Black Friday

Black Friday marks a return to familiar holiday shopping patterns, but inflation is weighing on consumers...

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Shoppers hunt for deals but inflation makes bargains elusive
Nov 23, 2022

Shoppers hunt for deals but inflation makes bargains elusive

Consumers holding out for big deals — and some much-needed relief from soaring costs on just about everything — may be disappointed as they head into the busiest shopping season of the year...

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Target's 3Q profit drops 52% as shoppers force price cuts
Nov 16, 2022

Target's 3Q profit drops 52% as shoppers force price cuts

An unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third quarter profits at Target down 52% after it was forced to slash prices for America...

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World Cup jerseys get mixed reviews ahead of Qatar
Oct 28, 2022

World Cup jerseys get mixed reviews ahead of Qatar

Millions are at stake in retail sales for this year’s World Cup in Qatar and soccer fans have been playing rate the shirt...

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Stocks waver on Wall Street after inflation report
Oct 12, 2022

Stocks waver on Wall Street after inflation report

Stocks are flipping between small gains and losses on Wall Street after a report showed inflation remains high...

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US futures wobble as rail strike is averted
Sep 15, 2022

US futures wobble as rail strike is averted

Futures on Wall Street shifted between small gains and losses as investors turned their attention to an upcoming retail sales report after the White House announced early Thursday morning that a tenta...

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Macy's cuts outlook with inflation, and inventory, elevated
Aug 23, 2022

Macy's cuts outlook with inflation, and inventory, elevated

Macy’s is trimming its expectations for the year despite topping expectations in its most recent quarter as it faces a glut of unsold inventory that has afflicted almost the entire retail sector...

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Macy's lowers outlook despite solid second quarter
Aug 23, 2022

Macy's lowers outlook despite solid second quarter

Macy’s reported  fiscal second quarter results that beat Wall Street estimates, but lowered its outlook as it faces a glut of inventory it needs to clear out amid a consumer pullback...

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