Costco to open 24 new stores; Q1 sales up 8.1%Costco Wholesale Club reported first-quarter sales and earnings that missed Street estimates as it deals with inflation and higher operating expenses. Construction materials prices inch down in NovemberConstruction materials prices declined month-over-month in November, but still remain at elevated levels. Consumer sentiment improves in early December Sentiment among U.S consumers turned more positive in the beginning of December as inflation concerns eased to a 15-month low. Report: Walmart-backed fintech plans to enter buy now, pay later space A fintech startup whose investors include Walmart will reportedly begin offering a buy now, pay later (BNPL) solution as soon as 2023. Lululemon momentum continues in Q3; comp sales up 22% Lululemon Athletica reported sales and earnings that topped estimates as consumers continued to buy its pricey goods. Seasonal retail jobs in November fall to lowest level since 2008 Retailers have taken a cautious approach this year to holiday hiring. Amazon adds four new executives to senior leadership team Amazon continues to evolve under CEO Andy Jassy. WHP Global acquires stake in Express, forms joint venture; chain in Q3 loss WHP Global is investing a total of $260 million in Express in a two-part deal. Wolverine World Wide to shed Keds brand Wolverine World Wide is making some changes to its portfolio. PREIT: Malls benefit when located near military centers — here’s why Military installations can have a major impact on local businesses — including shopping malls. First Previous 176 177 178 179 180 Next Last
