Retailers are in for a mixed holiday season this year, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones.
Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.
Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day.
U.S. wholesale inventories fell, confirming that inventory investment was a drag on economic growth in the first quarter.
Tiger Woods will be sporting a new look when he makes his 2024 season debut this week.
Target CEO Brian Cornell came under fire from Consumers’ Research executive director Will Hild for telling “flat-out lies” in a recent interview over the big-box retailer’s LGBTQ+ Pride merchandise.