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Holiday Sales Growth Expected to Normalize to Prepandemic Levels
Posted inAdvertising and Marketing Christmas Company Reports Consumer Behavior E-Commerce Holidays and Special Occasions Kohl's Corporation Macy's Inc National Retail Federation Shopping and Retail

Holiday Sales Growth Expected to Normalize to Prepandemic Levels

Despite shoppers’ election-year concerns and worries about the economy, retail executives predict sales to increase as much as 3.5 percent over last year’s holiday season.
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Posted by By Jordyn Holman
Walgreens Says It Will Close 1,200 Stores
Posted inBoots Retail USA Inc Company Reports Europe Latin America Shopping and Retail Shutdowns (Institutional) United States Walgreen Co

Walgreens Says It Will Close 1,200 Stores

The pharmacy giant said it would close the stores over the next three years and plans to “redeploy” the majority of the workers at the closed stores.
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Posted by By Amanda Holpuch
Profits Leap at Goldman Sachs as Banks See Steady Economy
Posted inBanking and Financial Institutions Company Reports Credit Cards Mergers, Acquisitions and Divestitures Stocks and Bonds United States Economy

Profits Leap at Goldman Sachs as Banks See Steady Economy

The investment bank earned more than expected in the latest quarter, a theme for other big banks, too.
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Posted by By Rob Copeland
The Stock Market’s Bullish Run Is Likely to Continue, Analysts Say
Posted inCompany Reports Interest Rates Russell 2,000 Stock Index Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy

The Stock Market’s Bullish Run Is Likely to Continue, Analysts Say

The bullishness on Wall Street is largely based on confidence that the Federal Reserve will tame inflation, the economy will remain solid and corporate earnings will continue to grow.
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Posted by By Joe Rennison

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