FINANCE

Foot Locker details nearly $54 million investments in Black community
Foot Locker commemorated the start of National Black Business Month with the release of its second annual report detailing progress in its educational and opportunities efforts for the Black community globally.
Survey reveals inflation’s impact on spending — including for holidays
Special occasions are taking a big hit as consumers adjust their spending amid financial concerns fueled by inflation.

Publix Q2 sales up but stock price falls amid stock market challenges

Publix Super Markets reported mixed results for its second quarter.
VF Corp. Q1 sales rise driven by strong performance at The North Face

A softer consumer environment, inflationary pressure and COVID lockdowns in China contributed to a rare first-quarter loss for outdoor apparel and footwear giant VF Corp.
Retail group calls credit card routing legislation ‘giant step forward’

Newly introduced legislation would let retailers decide who processes credit card transactions.
Amazon in Q2 loss, but revenue better than expected

Amazon reported better-than-expected second-quarter revenue and raised Wall Street hopes with an optimistic outlook.
Olympia Sports to close all its stores

Liquidation sales have begun at Olympia Sports.
Survey: Inflation impacting back-to-school shoppers

A new survey indicates that as most parents prepare for in-person schooling, they are altering their back-to-school shopping behavior.
Skechers ‘comfort’ styles drive record Q2 sales

Skechers marked its 30th year in business with record second-quarter sales, driven by strong wholesale growth
Prime Day promotions boosted revenue but unit sales fell — what it means for BTS

Consumers continue to spend, but they are buying fewer items.
Walmart makes waves with profit warning

Customers are pulling back on general merchandise categories amid inflation at Walmart, which is often called a bellwether for the nation’s retail industry.
Consumer confidence slips for third straight month in July

U.S. consumer confidence fell to a 1-1/2 year low in July as consumers grew more pessimistic about current conditions.

Foot Locker details nearly $54 million investments in Black community

Survey reveals inflation’s impact on spending — including for holidays

Publix Q2 sales up but stock price falls amid stock market challenges

VF Corp. Q1 sales rise driven by strong performance at The North Face

Retail group calls credit card routing legislation ‘giant step forward’

Amazon in Q2 loss, but revenue better than expected

Olympia Sports to close all its stores

Survey: Inflation impacting back-to-school shoppers

Skechers ‘comfort’ styles drive record Q2 sales

Prime Day promotions boosted revenue but unit sales fell — what it means for BTS

Walmart makes waves with profit warning

Consumer confidence slips for third straight month in July