apparel
US holiday retail sales stronger than last year, Mastercard says
Holiday shoppers opened their wallets at the last minute in search of good deals on online platforms in a sign that household finances remain healthy.
annual sales
Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target
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.
Annex Wealth Management
Target raises 2024 profit forecast as price cuts draw shoppers
Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.
Adobe Analytics
US online sales hit $7.2 bln on first day of Amazon Prime Day event, Adobe says
Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day.
alcohol
US wholesale inventories drop by unrevised 0.4% in March
U.S. wholesale inventories fell, confirming that inventory investment was a drag on economic growth in the first quarter.
2024 season debut
Woods partners with TaylorMade to launch Sun Day Red apparel brand
Tiger Woods will be sporting a new look when he makes his 2024 season debut this week.
apparel
Target’s CEO Accused Of Lying About Children’s LGBTQ+ Merchandise
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.