$6 billion
Walmart Mexico to invest $6 bln in 2025
Walmart’s Mexico unit said it would invest more than $6 billion in the country this year, around triple its planned spending from the year before.
$1 billion
Dollar Tree To Sell Family Dollar For $1B, 10 Years After $8B Purchase
The discount business Dollar Tree announced on Wednesday that it is selling Family Dollar for $1 billion to two private equity firms, a decade after it bought the discount chain for over $8 billion.
Atlanta Federal Reserve
US retail sales rebound moderately; underlying trend remains firm
Retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy.
Amazon
Target sued by Florida for defrauding shareholders about DEI
Target was sued by the state of Florida for allegedly concealing the risks of its diversity and social initiatives, leading its stock price to decline.
Business
Meta Officially Shuts Down Corporate DEI Programs
Meta has announced that they are officially ending all diversity, equity and inclusion (DEI) programs, effective immediately, joining other large companies cutting back on DEI policies.
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.
Barbies
Seeing low-income consumers squeezed, retailers target $10 and under gifts
Retailers including Target and Walmart are stocking shelves with more toys and gifts that cost less than $10 this holiday season, a strategy aimed at attracting cash-strapped shoppers.
Adobe Inc.
US retailers aim to cash in on Cyber Monday with steep online discounts
Retailers are pulling out all the stops with steep promotions and discounts on their websites and apps after the long Thanksgiving weekend.
affirmative action
Walmart Reduces DEI Programs, Pulls LGBTQ Items From Website
Walmart on Monday confirmed that it’s ending multiple DEI programs, removing some LGBTQ-related merchandise from its website and getting rid of a nonprofit that funded programs for minorities.
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.