Spending momentum rebounds in February, fueled by older AmericansConsumer spending resumed its robust pace of expansion in February amid declining COVID-19 case counts. Walgreens enables cash bill payments at storesWalgreens is expanding its financial services portfolio. Genesco finishes year strong and swings to full-year profit Genesco Inc. reported fourth-quarter earnings and revenue that exceeded pre-pandemic levels amid a strong holiday season. Salesforce: Inflation pushes online revenue up even as consumers shopped less February 2021 saw U.S. consumers less willing to shop online. Biden to regulate cryptocurrency in U.S. The federal government is creating a policy to oversee how cryptocurrency is used in the U.S. McDonald’s reveals cost of Russian closures; other brands follow its lead to pause Several brands have decided to temporarily halt their operations in Russia in the wake of the country’s invasion of Ukraine. Consumers still spending: February sales rise 8.7% Soaring prices did not stop American consumers from spending in February. Express swings to Q4 profit; expects momentum to continue in 2022 Express’ fourth-quarter net sales jumped 38.2% to $595 million. McDonald’s temporarily closes hundreds of its restaurants in Russia McDonald’s is temporarily going dark in a market where it has a large corporate-owned footprint and financial stake. Dick’s Sporting Goods reports strong Q4; expects momentum to continue Dick’s Sporting Goods ended its fiscal year on an upbeat note, with revenue and earnings that beat estimates. First Previous 149 150 151 152 153 Next Last
