Aldi making 400-store acquisitionAldi is making a big Southeast-focused acquisition. 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. Macy’s taps former McKinsey & Co. exec as chief customer and digital officer A 20-year McKinsey veteran is joining the c-suite at Macy’s Inc. First Look: Online baby registry giant Babylist opens its first physical store An online registry that served more than nine million new parents and gift-givers in 2022 has opened its first permanent brick-and-mortar location. Destination XL Group extends contract of CEO Harvey S. Kanter is staying put — at least for three more years. 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. Panera Brands names CFO Panera Brands Inc. has named a seasoned retail executive as its new finance head. First Previous 267 268 269 270 271 Next Last
