Retail - Holiday season

Walmart Posts 3.9% Increase In Comparable Sales In Q4

Walmart reported a 3.9% rise in comparable sales, excluding fuel, for the fourth quarter ended 31 January, compared to LSEG estimates of 2.91%.

Walmart Lifts Targets As Shoppers Pick Low-Priced Groceries For The Holiday

Walmart raised its annual sales and profit forecast for the second straight quarter, signalling a strong start to the holiday season.

Target To Hire 100,000 Workers, Offer Huge Discounts For Holiday Season

Target plans to hire nearly 100,000 employees for the holiday season and offer deep discounts starting October, as the US retailer braces for the competiti...

One Third Of Belgian Shoppers Plan To Cut Back On Supermarket Purchases During Holidays, Study Finds

One in three shoppers in Belgium plan to cut back on their supermarket purchases during the holidays this year, according to a new study by Lidl and resear...

Walmart Expects Smaller Drop In Annual Profit, Announces $20bn Share Buyback

Walmart Inc has forecast a smaller fall in annual profit as demand for groceries holds up despite higher prices, while discounts on clothing and electronic...

Walmart, Target Results Will Tell How Gloomy Holidays Could Get For Retailers

Walmart and Target results this week are likely to show that major retailers are heading for a turbulent holiday season as rampant inflation has made every...

Hershey Raises Sales Outlook Ahead Of Holiday Season

Confectionery firm Hershey Co raised its full-year net sales and profit forecasts on Friday, signalling strong Halloween candy sales that it expects to con...