Target Q2 profit jumps but sales fall as consumers pull back; cuts guidance Target Corp. reported better-than-expected second-quarter earnings but its sales fell short as consumers continue to pull back on nonessential spending. Retail sales jump in July amid Prime Day and other special ‘deal days’ After slowing retail growth, sales got a midsummer boost amid multiple promotions by retailers, including Amazon’s Prime Day mega-event. Circana: General merchandise spending — in dollars and units — down in July, August Retailers can expect a delayed back-to-school shopping season as shifts in consumer spending are affecting what, when and if consumers make purchases. Convenience-store retailers report higher sales year-to-date The nation’s C-store industry is heading into the last five months of the year with momentum. Home Depot sales fall as consumers put off big-ticket purchases The Home Depot topped second-quarter Street estimates even as its earnings and revenue fell amid a pull back in big-ticket spending. Consumers still spending but growth is slowing A cooling economy is starting to put a dent in consumer spending. Americana at Brand store hit with flash mob burglary; center owner offers reward A group of thieves burglarized a high-end designer store at one of the nation’s highest-grossing retail centers. Ralph Lauren in ‘solid’ Q1; prices continue to rise Ralph Lauren Corp. reported first-quarter earnings and sales that beat Street estimates amid growth in international markets but weakness at home. Wolverine Worldwide CEO out; successor named Wolverine Worldwide has tapped a company veteran as chief executive. ‘Barbie’ movie helps energize retail sales It’s not only theatres that have benefitted from the “Barbie” movie phenomenon. First Previous 114 115 116 117 118 Next Last
