FINANCE

Dollar General reported a tough quarter as its core customers cut back on non-essential spending. The discounter also reduced its full-year outlook.

Macy’s reported worse-than-expected first-quarter sales and reduced its outlook amid a slowdown in consumer spending that picked up more steam in the early spring.

Consumers are prioritizing savings and travel amid concerns about the economy.

Advance Auto Parts reported a tough first quarter with a big profit miss as its cut its full-year outlook and slashed its dividend.

Increased worries about the labor market put a dent in consumer confidence in May.

The numbers are in, and generative artificial intelligence (AI) is poised to have a major impact on retail.

Retailers are invited to join Chain Store Age as it honors some of the industry’s most accomplished female executives at its Retail’s Top Women Awards virtual event on June 21, from 4:30 – 6:30 p.m. EDT.

Costco Wholesale Corp. reported third-quarter results that missed expectations as consumer spending on bulk items remained slow.