Walmart upgrades Mexico digital payment appWalmart is expanding the app-based services it offers unbanked consumers in Mexico. Costco sales up 20.4% in JuneCostco Wholesale Corp. maintained its momentum in June with big increases in total sales and comparable sales. Mastercard: Retail sales rise 6.1% in June amid rising prices In-store spending continued to outpace e-commerce sales year-over-year in June amid ongoing inflation. Gap Inc. will launch in India via partnership with Reliance Retail Gap Inc. will set up shop in India through a franchise agreement with the country’s largest retailer. Amazon takes stake in Grubhub, offers free Prime food delivery U.S. Prime members are gaining a new perk while Grubhub is obtaining a competitive advantage against DoorDash and Uber Eats. Panera Brands, Danny Meyer’s SPAC call off deal Panera Brands has terminated an agreement that would have taken the chain public again. Dresses, fancy bags and footwear make big retail comeback The resumption of weddings and other special outside-the-home occasions is having an impact on sales of apparel and footwear — for men and women. CGP: Back-to-school sales to slow but still hit new record, buoyed by inflation Back-to-school sales are expected to slow “sharply” compared to a banner 2021. Kohl’s no longer for sale Kohl’s Corp. has taken down the “for sale” sign. NRF: Economy slowing, but recession unlikely — in ‘near term’ The good news for retailers is that the nation is unlikely to enter into a recession during the remainder of 2022. First Previous 198 199 200 201 202 Next Last
