Target hopes value-hungry shoppers will come to the rescue this holiday season
Target is stressing value this holiday season, as consumers feel pinched by inflation. At its store in New Jersey, signs that advertise low-priced items are...
Walmart Inc
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Millionaires plan to cut their holiday spending due to inflation
American millionaires are trimming their holiday spending and becoming more budget-conscious as a result of inflation, a sign that spending cuts are now rising up...
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Dollar General’s new Popshelf stores chase inflation-weary shoppers in the suburbs
HENDERSONVILLE, Tennessee — Dollar General‘s next big strategy for growth is tucked in a strip mall in suburban Nashville, and it is coming to other...
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Where Walmart CEO Doug McMillon expects inflation to stick around in 2023
Retail sales slumped on Thursday even though the latest data on consumer prices earlier this week showed a cooling. Walmart CEO Doug McMillon says the...
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Walmart-backed fintech startup plans to launch its own buy now, pay later loans
A Walmart-backed startup is looking to compete with buy now, pay later companies. The venture, called One, is gearing up to launch its own version...
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Rent the Runway shares surge after fashion rental company reports stronger quarterly sales
Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC As some shoppers think twice about purchases, Rent the Runway is getting a bump. The fashion...
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Here’s what America’s top CEOs are saying about a possible recession in 2023
General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit,...
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What to watch when Club holding Costco reports quarterly results Thursday
Club holding Costco Wholesale (COST) is set to report its fiscal first-quarter results on Thursday after the closing bell, and we’ll be looking to see...
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Rising thefts at Walmart could lead to price jumps, store closures, CEO says
Walmart stores across the U.S. are grappling with an uptick in shoplifting that could lead to higher prices and closed stores if the problem persists,...
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Walmart CEO says shoppers are being more selective as they deal with inflation
The American shopper is still feeling “stressed” by inflation, but the effects aren’t being felt evenly across categories, Walmart CEO Doug McMillon said Tuesday. “We’ve...
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United CEO says business travel has ‘plateaued’ but revenue is still rising
United Airlines Boeing 787-9 Dreamliner landing in London Heathrow International airport in England, UK. Nicolas Economou | NurPhoto | Getty Images Business travel demand has...
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Kroger hikes forecast after stronger grocery sales top estimates
Kroger on Thursday raised its forecast for the year after stronger fiscal third-quarter sales topped Wall Street expectations and inflation continued to push up the...