FINANCE

Amid economic uncertainty and high inflation, Americans appear to be approaching the holiday season somewhat cautiously and shifting their spending.

Victoria’s Secret & Co. is adding a digitally native brand to its portfolio.

Publix Super Markets reported a mixed third quarter with strong sales even as its earnings took a hit.

Amazon is now providing cash advances to sellers on its platform.

U.S. consumers are likely to curtail spending in the latter half of 2022 and into 2023 due to low consumer sentiment, elevated gasoline and energy costs, high levels of household debt, and low personal savings rates, according to the 1H 2022 BDO Retail in the Red Report.

Amazon posted a mixed third quarter as its lucrative cloud business slowed and it warned that holiday sales would come in well under expectations.

Bed Bath & Beyond is looking to sell more stock, using some of the proceeds to help with its turnaround initiative.

U.S. consumer confidence declined in October following back-to-back monthly gains.