Middle-class shoppers spend more, but retailers fall shortDespite higher spending levels, a new survey reveals virtually all middle-class consumers think retailers aren’t doing enough to meet their needs. Lululemon finishes year strong but warns of slowing U.S. salesLululemon Athletica Inc. maintained its momentum in the fourth-quarter reporting earnings and revenue that beat estimates, helped by soaring international sales. Report: Target upping bonuses for salaried employees Target Corp.’s salaried employees can expect a bigger bonus this year. CSA’s Retail Top Women Awards expands to include finance, marketing execs Chain Store Age is now accepting nominations for its Retail’s Top Women Awards, with two new categories added for 2024: finance and marketing. NRF: Retail sales to reach at least $5.23 trillion in 2024 U.S. retail sales are expected to rise at a steady but slower pace in 2024 compared to last year. Three retailers among top 10 most valuable U.S. brands Apple is back on top. Chipotle board OKs 50-for-one stock split — one of biggest splits in NYSE history The board of Chipotle Mexican Grill has approved the first stock split in the company’s 30-year history. Marc Lore-led food startup raises $700M; plans 90 stores by 2025 Wonder, the food startup founded by the former head of e-commerce at Walmart, has significant new funds and ambitious expansion plans. Joann files for bankruptcy amid big debt; to go private Joann Inc. filed for Chapter 11 bankruptcy protection — with plans for a quick exit. Dollar General Q4 tops estimates; sales fueled by food, other essentials Dollar General Corp. reported better-than-expected earnings and sales and issued an upbeat outook as inflation-pressured consumers shopped its stores for low-priced basics. First Previous 32 33 34 35 36 Next Last
