Jordyn Holman
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US Shoppers Are Still Spending, as Long as Retailers Give Them a Reason
Retail sales rose last month, and several companies reported strong earnings. But discounts seemed to drive a significant portion of purchases.
Walmart Defies Gloom Over Inflation With Sales and Profit Upgrade
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.
Walmart Defies Gloom Over Inflation With Sales and Profit Upgrade
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.
Kohl’s Says Its Chief Executive, Michelle Gass, Will Depart
Ms. Gass, who will be replaced on an interim basis by Tom Kingsbury, is leaving ahead of the critical holiday season.
Macy’s Plans to Invest Millions to Fund Minority-Owned Businesses
The department store chain is investing $30 million over five years to support entrepreneurs from underrepresented groups in the retail industry.
Bed Bath & Beyond, Trying to Turn Things Around, Names New C.E.O.
Sue Gove had been the interim leader of the struggling retail chain, which is in the process of closing 150 stores across the United States.
Amid Inflation, Retailers Brace for Strapped Holiday Shoppers
Retailers have navigated pandemic closures and supply chain snarls in recent years. But dealing with the fallout from inflation could be an even tougher test.