Consumers still spending but growth is slowingA cooling economy is starting to put a dent in consumer spending. Online grocery sales fall in July despite customer growthU.S. online grocery market sales contracted 7% year-over-year in July 2023. Instacart is first online marketplace to accept SNAP payments in all 50 states Instacart has reached a key milestone. Ralph Lauren in ‘solid’ Q1; prices continue to rise Ralph Lauren Corp. reported first-quarter earnings and sales that beat Street estimates amid growth in international markets but weakness at home. ‘Barbie’ movie helps energize retail sales It’s not only theatres that have benefitted from the “Barbie” movie phenomenon. Consumer sentiment takes slight dip in August but still close to recent high Consumer sentiment cooled a bit in the dog days of summer but was still significantly higher compared to the year-ago period. Coach parent company in $8.5 billion deal to acquire three luxury brands Tapestry has entered into a deal that will create a U.S. luxury fashion powerhouse. Grocery Outlet has its first billion-dollar quarter Grocery Outlet Holding Co. reported a strong second quarter that included a sales milestone as consumers flocked to its stores for deals. Online prices drop for 11th straight month July marked a continuation of a promising trend for digital consumers. Under Armour Q1 tops estimates Under Armour posted better-than-expected second-quarter earnings and revenue amid rising sales in its direct-to-consumer and international business. First Previous 68 69 70 71 72 Next Last
