Browsing: U.S. retail sales
Costco CEO Ron Vachris says tech is ‘elevating’ workers,’ not replacing them—as IBM and Delta bosses make the same bet on humans
The rise of AI has brought sweeping—and often uneasy—predictions about the future of work, with some tech leaders warning that…
Walmart CFO says shoppers skimping at the pump is ‘an indication of stress’ as the Iran war drags on
Walmart shoppers are feeling the crunch of higher prices at the pump, and it could be a sign of where…
US consumers showed signs of fatigue leading up to the longest government shutdown, and their outlook has worsened ever since,…
Target’s CEO is betting billions that Gen Zers will get off their phones and fuel a comeback
While Amazon and Walmart lean into AI and e-commerce investments, Target’s incoming CEO Michael Fiddelke is taking a different approach.…
‘The most distrusted’ bull market and economy of our lifetime: Another head-spinning revision rocks Wall Street
The U.S. economy expanded at a much faster pace than initially estimated last quarter, according to new Commerce Department data…
Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school purchases, even as President Donald…
Target was hoping for a back-to-school sales bump that never game. Foot traffic is still down for the 7th month in a row
Target hoped for a back-to-school shopping bump, but foot traffic fell for the seventh straight month in August, and now a…
Skechers draw backlash for full-page ad in Vogue that reeks of AI. ‘You actually didn’t save any money because now I hate you’
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use…
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal…
Goldman Sachs Group Inc. economists lowered the probability of a US recession in the next year to 20% from 25%,…












