Retail

Dollar Tree seems to be ready to cut its losses on the troubled store chain Family Dollar. The company announced on Wednesday that it is currently exploring various options for the future of Family Dollar, including a sale. According to Dollar Tree CEO Rick Dreiling, the company believes that the...

Retail might not be in a good place right now, but that doesn’t seem to affect Walmart much. The world’s largest retailer has beaten Wall Street estimates in the second quarter and seems well positioned to do well in the second part of the year, thanks to the back-to-school...

Lease-to-own retailer The Aaron's Company released its second quarter report at the start of the week, offering a bleak 2022 guidance. The company's stock took a big hit shortly after, diving 25% at one point. Aaron's adjusted its predictions for 2022 sales and now sees them in the range of...

In recent weeks and months, prices have been soaring across the retail industry. However, don't expect Costco to jump on the bandwagon. At least not in terms of their membership fees and not right away. In the past, Costco's membership saw a price hike every five-and-a-half years on average. The...

The impact of surging inflation in the U.S., which recently hit a 40-year high, is now being felt in the retail sector. Retail giants like Walmart and Target have reported earnings misses this week and saw their stock plunge. Walmart reported revenue of $141.57 billion for the first quarter of...

The surging inflation didn't make a significant mark on the spending power of Americans as predicted. On the contrary, according to a report by Commerce Department, the retail sales went up in January by 3.8 percent after a 2.5 percent dive in December. The data shows that the total spending...

U.S. consumer spending on Cyber Monday this year is projected to be in the range of $10.2 billion and $11.3 billion, leaving little room for growth after last year's $10.8 billion spend. Even if spending is on the upper end of the range, this will still result in stunted...

Amazon announced on Monday that as part of its expansion into the United Arab Emirates, the retail giant will look to create 1,500 direct and indirect new jobs in the Gulf Arab nation. The majority of jobs are expected to be associated with the delivery of packages as well...

Adobe Inc revealed on Wednesday its intention to add payments to its own eCommerce platform, thereby enabling merchants to accept credit cards and other forms of payments for their online stores. This move will help Adobe to strengthen its competitiveness against the likes of Shopify, having first delved into...

H&M, the world's second-largest fashion retailer, experienced an underwhelming sales performance for the quarter ending August 2021, with a rise in revenue that was lower than expected. The company announced on Wednesday that sales had increased by 9% from the same point last year, meaning that the Swedish fashion...