Report: Walmart sells stake in Chinese e-commerce giant for $3.6 billionWalmart is shaking up the Chinese tech market by altering a major partnership. TJX expands into Mideast, increases profit, sales in Q2The TJX Companies Inc. acquired partial ownership of Middle Eastern retailer Brands for Less as it beat Wall Street expectations for quarterly net income and sales. Target beats Street in Q2, raises guidance Target Corp. rebounded from a disappointing first quarter of fiscal 2024 with a return to growth in sales and earnings. Adobe: Mobile shopping breaks records with $280 billion so far in 2024 Adobe Analytics data reveals mobile sales from January to July 2024 hit new heights. Consumer confidence sees small dip in July Consumer confidence dropped slightly from June to July, despite increased retail sales in the month. Mastercard: July retail sales increase led by online shopping New data from Mastercard shows that online and in-store sales rose in July, partially due to back-to-school shopping. Lowe’s beats earnings, misses sales in Q2; cuts full-year forecast Lowe’s Companies Inc. is predicting a slowdown in the home improvement industry following a mixed second quarter of fiscal 2024. Kroger files to block FTC challenge to proposed $25 billion Albertsons merger Legal activity surrounding the proposed $25 billion merger of The Kroger Co. and Albertsons Cos. continues to grow. Couche-Tard strikes deal with Giant Eagle; makes takeover offer to 7-Eleven parent Alimentation Couche-Tard Inc. is expanding its footprint of convenience stores in the United States through an acquisition while eyeing an even bigger deal that would create a global c-store powerhouse. Retail spending trends: Adapting to consumer pressure in 2024 Households across the U.S. are feeling the financial pinch as essential expenditures surge. First Previous 82 83 84 85 86 Next Last
