Retail sales

Online Sales Bump August Retail Spending Higher
Online Sales Bump August Retail Spending Higher
September 17, 2024  |  Economy

Consumers are still spending, but the pace — at least as detailed in the latest retail sales report from the Census Bureau for August —...

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Retail Sales Preview: Will July’s Consumer Spending Momentum Continue?
Retail Sales Preview: Will July’s Consumer Spending Momentum Continue?
September 16, 2024  |  Consumer Insights

On Tuesday (Sept. 17), we’ll find out if the July surge in consumer spending — as measured via unadjusted retail sales — has amounted to...

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Target’s 100K-Worker Holiday Hiring Plans Stick to 2023 Levels
Target’s 100K-Worker Holiday Hiring Plans Stick to 2023 Levels
September 16, 2024  |  Retail

Target says it aims to hire roughly 100,000 workers for the holiday shopping season. The retailer’s plans, announced Monday (Sept. 16), are in line with last year’s hiring levels,...

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Mytheresa Leans into Digital Experiences and Global Events
Mytheresa Leans into Digital Experiences and Global Events
September 12, 2024  |  Earnings

For Mytheresa CEO Michael Kliger, there was no doubt about his company’s performance during the fourth quarter and fiscal year. “We clearly see ourselves as a...

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Apple Unveils iPhone 16 and Touts AI Features
Apple Unveils iPhone 16 and Touts AI Features
September 09, 2024  |  Apple

Apple is trying to shake up the AI and smartphone landscapes with its new iPhone 16 lineup and a cautious rollout of Apple Intelligence, a...

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Walmart Aims to Supercharge eCommerce Growth With Marketplace Push
Walmart Aims to Supercharge eCommerce Growth With Marketplace Push
August 28, 2024  |  eCommerce

Walmart’s eCommerce business has increased in the past few years, and now, to take that growth to the next level and better compete with rival...

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Klarna Revenue Jumps 27% Amid IPO Preparations
Klarna Revenue Jumps 27% Amid IPO Preparations
August 27, 2024  |  IPO

Klarna saw revenues climb in the first half of 2024 amid preparations to go public. The Swedish buy now, pay later (BNPL) provider released half-year...

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Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
August 21, 2024  |  Retail

A streamlined checkout experience and the deployment of generative artificial intelligence-powered handheld devices for employees have improved the in-store experience at Target, the retailer said...

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Goldman: Recession Seems Less Likely After Jobs/Sales Reports
Goldman: Recession Seems Less Likely After Jobs/Sales Reports
August 18, 2024  |  Economy

Economists at Goldman Sachs have lowered the likelihood of a U.S. recession. As Bloomberg News reported Saturday (Aug. 17), the banking giant now gives an...

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