Winter Holidays

Bankruptcy expert discusses why October will be a crucial month for retailers and their lenders

With an estimated $1.7 trillion in excess savings accumulated during the pandemic, Americans are eager to shop, eat out and travel after more than a year of COVID-19 restrictions.

While Amazon leads Walmart in online customer reach, a specific subset of e-commerce consumers prefers Walmart.

Walgreens Boots Alliance reported second-quarter sales that missed Street expectations amid a weak cold and flu season in the U.S. and reduced foot traffic in the U.K. 

U.S. consumers cut back on spending in February as harsh winter weather across the country took a bite out of sales.

COVID-19 created a significant rise in domestic e-commerce spending, with long-term impact.

Party City Holdco Inc. reported a fourth-quarter adjusted profit and revenue that missed expectations, as the COVID-19 pandemic negatively impacted consumer spending for seasonal celebrations.