Lower-than-expected data on wholesale prices and resilient earnings from retailers were cheered by investors.
Category: Shopping and Retail
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Stocks Jump on Hopes of Lower Inflation
The New York Times – Business: -
Walmart Defies Gloom Over Inflation With Sales and Profit Upgrade
The New York Times – Business:Ahead of the critical holiday shopping season, the nation’s largest retailer reported stronger-than-expected earnings and signaled confidence with a $20 billion share buyback.
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Walmart Defies Gloom Over Inflation With Sales and Profit Upgrade
The New York Times – Business:Ahead of the critical holiday shopping season, the nation’s largest retailer reported stronger-than-expected earnings and signaled confidence with a $20 billion share buyback.
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Amazon Is Said to Plan to Lay Off Approximately 10,000 Employees
The New York Times – Business:The job cuts of approximately 10,000, which would start as soon as this week, would focus on the company’s devices organization, retail division and human resources.
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How to Navigate Gifting Season While Keeping Your Cool
The New York Times – Fashion & Style:Etiquette and shopping experts offer advice on some of the most common holiday issues, including wish list taboos, the politics of regifting and climate-conscious gift wrapping.
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Macy’s Plans to Invest Millions to Fund Minority-Owned Businesses
The New York Times – Business:The department store chain is investing $30 million over five years to support entrepreneurs from underrepresented groups in the retail industry.
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20 Years of Roman and Williams Design: Hotels, Restaurants, Guild
The New York Times – Fashion & Style:Ask the founders of Roman and Williams, who for two decades have designed homes, hotels, restaurants, clubs, galleries, stores, furniture — even birdhouses — bathed in a luxe patina.
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Celebrities Embrace Wraparound Sunglasses
The New York Times – Fashion & Style:A gas station staple, now embraced by celebrities and fashion fiends worldwide.
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CVS and Walgreens Near $10 Billion Deal to Settle Opioid Cases
The New York Times – Business:The agreement would resolve thousands of lawsuits over the retailers’ role in the addiction crisis. But a large majority of state, local and tribal governments must sign on for it to take effect.
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Disney Tries Mixing Streaming With Shopping
The New York Times – Business:The Walt Disney Company announced that it would experiment with offering Disney+ subscribers exclusive access to themed merchandise.