Hints and tips:
...Data on Wednesday showed underlying US retail sales rose 0.2 per cent in October, while September’s increase was revised higher....
...Although inflation is down about two-thirds from its peak in the summer of 2022, consumer price growth unexpectedly rose to 3.2 per cent in February, which was largely driven by price pressures for services...
...Ergo, the V&A show. “Kohl and roses — it just sounds like a party,” Srouji laughs. The artist’s upcoming work — she has six shows planned for the next six months — further interrogates joy....
...In the latest quarter, Dollar General’s same-store sales fell 0.1 per cent, while those at Dollar Tree rose 7 per cent....
...Shares in ecommerce platform Shopify rose 4.9 per cent on Monday after it reported record-setting Black Friday sales of $4.1bn globally, a 22 per cent increase from a year ago....
...Walmart shares added 0.9 per cent and Home Depot gained 1.5 per cent, while TJX was down 2.5 per cent....
...Walmart is beating Amazon in the battle for online consumers in India, a rare ecommerce win for a US retailer known for selling low-cost goods in bare-bones stores....
...As he walked around Ibiza’s flea markets and stores, he began to wonder: “Is there an Ibiza brand?”...
...Walmart, the US’s mega-retailer, has said in recent earnings calls that it is seeing inflation returning to more normal levels....
...Competition from a reinvigorated Walmart, must be another factor. The chain is trying to appeal to more people through fancier store formats and a push into healthcare. This looks ill-timed....
...The brand is small, with 32 employees; it has two standalone stores in London and Tokyo, two further mono-brand stores in South Korea and more than 250 stockists worldwide....
...Most recently, Victoria’s Secret lost market share to lower-price competitors such as Walmart....
...The company’s same-store sales are falling in the mid-single digits in nominal terms....
...“It’s here that the real talents were nurtured,” says Kurt Kovacs Braidley, manager at antiques store Aelfred....
...Is PDD as big as Amazon, or is it as big as Amazon plus Walmart?...
...At AB InBev, North American beer prices rose 5.6 per cent while volumes fell slightly....
...“The beauty of African fashion is that it is as varied as the continent itself,” says Dr Christine Checinska, who curated the V&A’s recent exhibition Africa Fashion (now at the Brooklyn Museum until October...
...That is more than the 25 cents earned by Walmart and Target. All this makes Thursday’s sell-off in Dollar General shares look harsh....
...However, Walmart chief executive Doug McMillon added that the company was gaining market share as higher-income shoppers turned to its stores and ecommerce services to save money....
...But Walmart was one of the few stocks to end Tuesday higher and it was hardly a surprise that everyone’s favourite lockdown home renovation store was struggling as the housing market slows....
...Like-for-like sales of own store brands rose 10.2 per cent in the second quarter compared with total growth, excluding fuel sales, of 5.8 per cent....
...Retail week, part I: Home Depot (and the retail sales report) The first leg of this week’s Home Depot/Target/Walmart results trifecta is in....
...Retail sales, which include spending on food and petrol, rose 3 per cent in January over December, one of the biggest monthly increases in the past 20 years....
...Macy’s and Walmart have said they plan to hire thousands fewer holiday workers than they did last year....
...Same-store sales rose 7.6 per cent in the third quarter; a bit less than half of that came from price increases. That’s good growth, but a lot slower than 2021....
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