McKinsey: Vaccination accelerates consumer spendingConsumers who have been or plan to be vaccinated are more likely to engage in a variety of purchases. Carrefour to buy Brazilian retailer from Advent and WalmartCarrefour is buying the third-largest food retailer in Brazil. Kohl’s makes its case in letter to shareholders Kohl’s Corp. sent a letter to shareholders outlining why they should not vote for the five board members proposed by its activist investors group. Sales of pet supplies, care boom with no letup in sight Pets provided solace during a difficult 2020 and that translated into soaring annual revenues for pet supplies, foods, treats and other products along with vet care. Yum! Brands adds marketing platform to growing tech portfolio A global quick-service restaurant conglomerate is taking another step toward becoming a technology platform. Rite Aid expects net loss of at least $90 million in fiscal 2022 Rite Aid is adjusting some guidance for fiscal 2020 and 2021 after a challenging Q4. Average Easter spending expected to be highest on record Shoppers are ramping up their Easter spending this year amid new stimulus checks and positive trends in vaccinations and consumer confidence. Deloitte: Discretionary spending shows positive signs Intent to spend on several categories of discretionary items is improving in the U.S. At Home Group in strong finish to ‘transformational’ year At Home Group Inc. reported a 31% increase in fourth-quarter same-store sales as home décor sales continue to thrive during the pandemic. GameStop Q4 sales miss; to stop reporting comparable-store sales GameStop reported fourth-quarter sales that missed analysts’ estimates but said things were off to a “strong start” in the new year. First Previous 275 276 277 278 279 Next Last
