FINANCE

Retail sales dip in July but demand continues, says NRF

Retail sales slowed in July as retailers continued to face supply chain disruptions and consumers shifted some spending.
Tenant Bankruptcies in Shopping Centers: Risks and Opportunities

First Situation: You are a landlord whose shopping center tenant has commenced a Chapter 11 bankruptcy case.
Walmart Q2 earnings, sales top estimates amid strong traffic; online sales cool

Walmart Inc. reported better-than-expected second-quarter earnings and sales as shoppers returned to its stores and the retailed gained market share in grocery.
Home Depot Q2 income, sales beat Street; same-store sales miss

The Home Depot second-quarter profits and sales topped estimates even as fewer people shopped its stores.
Food stamp benefits to increase by 25%

The largest boost ever in the history of the U.S. Department of Agriculture’s Supplemental Nutrition Assistance Program (SNAP) is set to take effect this fall.
Walgreens launches credit cards that reward ‘wellbeing’ purchases

Walgreens has launched two cobranded credit cards that offer cashback rewards to consumers for making healthy purchases.
Health and beauty sales to surge online

Health and beauty e-commerce will grow more than three times faster than store-based category sales during the next five years.
Hudson’s Bay stores, e-commerce separating to create two businesses

Hudson’s Bay Co. is once again putting a line in the sand between brick-and-mortar and online.

Target momentum continues in Q2 as back-to-school kicks in