Retail industry
Kroger CEO: We Have Hired 2,000 People And Have 10,000 Openings In Response To Coronavirus Demand
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"We're hiring every day," Kroger CEO Rodney McMullen told CNBC. Read more
Retail Sales Drop 0.5% In February
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Retail sales fell 0.5% in February, indicating the consumer sector was slowing even before the coronavirus struck with f... Read more
US Retail Sales Climb In December, And November Sales Were Revised Up
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U.S. retail sales were expected to climb 0.3% in December, up slightly from the 0.2% increase a month earlier. Read more
US Consumer Confidence Dips In December
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"There is little to suggest that growth, and in particular consumer spending, will gain momentum in early 2020," said Ly... Read more
US Retail Sales Rose Less Than Expected 0.2% In November
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U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending, which could ... Read more
US Retail Sales Unexpectedly Decline In A Sign That Consumer Economy Could Be Cracking
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Retail sales dropped 0.3% last month as households cut back spending on motor vehicles, building materials, hobbies and ... Read more
US Retail Sales Rose More Than Expected In August As Auto Buying Jumped
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U.S. retail sales were expected to climb 0.2% in August, after rising 0.7% a month earlier. Read more
US Retail Sales Rose Solidly In July In A Sign Of Consumer Optimism
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U.S. consumers spent more at retail stores and restaurants in July. Read more
Retailers Should Thank Amazon: Adobe Estimates The Size Of A Prime Day Bump
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On Monday, the first day of Amazon's 48-hour shopping extravaganza this year, retailers that make more than $1 billion i... Read more
US Retail Sales Beat Expectations In June
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U.S. retail sales increased more than expected in June, pointing to strong consumer spending. Read more
This Fourth Of July, Americans Will Shell Out $1 Billion On Beer
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If spending is any guide, this country's patriotic spirit is alive and well, with Americans coughing up nearly $7 billio... Read more
Consumer Confidence Drops More Than Expected, Reaching Its Lowest Point In Nearly Two Years
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The Conference Board, a business research group, on Tuesday released the June update for its consumer confidence index. Read more
How The Trade War With China Could Crush California's $2.7 Trillion Economy And Hurt Other States
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The impact of the U.S.-China trade war is greatest in states that export agricultural products, electronics and chemical... Read more
Amazon Responds To Ocasio-Cortez's Claim That It Pays Workers 'starvation Wages'
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Amazon reacted to Ocasio-Cortez's claim it pays warehouse workers "starvation wages" in a tweet saying it pays $15 an ho... Read more
US Companies' Message To Trump: Don't Expand China Tariffs
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Businesses, trade groups, and individuals have written to complain that tariffs would drive up prices for consumers, squ... Read more
US Business Inventories Rebound; Sales Fall
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U.S. business inventories rebounded in April as sales fell, but inventory accumulation is still expected to be a drag on... Read more
This Leading Indicator For Retail Shows The Worst Is Yet To Come
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Retail is on the rise, but Miller Tabak's Matt Maley expects a dip in consumer confidence that could hit these stocks ha... Read more
Retail Sales Declined In April As Americans Cut Back On Spending
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Sales dropped 0.2% in April, the Commerce Department said Wednesday, after a big 1.7% jump in March Read more
US Retail Sales Soared 1.6% In March
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U.S. retail sales were expected to rise 0.9% in March, after slipping 0.2% a month earlier. Read more
Weak February US Retail Sales Underscore Slowing Economy
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US retail sales slumped amid declining spending on building materials, electronics, and groceries. Read more