Discretionary retail sales revenue down 7% in March — new products neededConsumers showed waning interest in spending in March amid reduced new and refreshed product introductions. Love’s adds new type of locations via acquisitionLove’s Travel Stops has completed its acquisition of EZ Go, from Oklahoma-based Carey Johnson Oil Company. U.S. consumer sentiment inches up in April — so do inflation expectations The index that measures what consumers think about current economic conditions rose to 68.6 in April from 66.3 in March. Three strategies to help brands thrive in an ‘up and down’ economy Inflation is a persistent issue that is impacting consumers and businesses alike. Casper selling Canadian operations to Sleep Country Canada’s Sleep Country has bought the Canadian ops of the original mattress disruptor. Bed Bath & Beyond in update on reverse stock split; comments on naked short selling Bed Bath & Beyond issued a formal update to shareholders about its upcoming “special” meeting to vote on its proposed reverse stock split. Adobe: Online inflation falls again in March U.S. online shoppers had some luck in March 2023 as the cost of e-commerce decreased for the seventh straight month. Costco March sales reflect slowdown in discretionary spending Costco Wholesale Corp. reported March sales that showed consumers focusing on food and everyday essential items as opposed to home furnishings and other discretionary categories. NRF: 2023 will be ‘bumpy, with interest rates the ‘wildcard’ Retailers should fasten their seatbelts for what lies ahead. Bed Bath & Beyond calls for special meeting; sounds bankruptcy alarm again Bed Bath & Beyond has proposed a reverse stock split in its latest effort to avoid filing for bankruptcy. First Previous 156 157 158 159 160 Next Last
