US: latest retail news and insights | ESM Magazine

US Retail Sales Fall Moderately

US retail sales fell moderately in February, likely payback after the prior month's outsized increase, but the underlying momentum remained strong, suggest...

Walmart Seeks To Derive More Profit From Services, Ad Sales

More of Walmart's future profitability is likely to come from its sales of ads on Walmart.com and from fees it collects from merchants using its online mar...

Kroger To Invest Over €770m In Wages And Benefits For Associates In 2023

Kroger, the American retail company, has announced a more than $770 million (€725 million) incremental investment in its associates during 2023.

Walmart CEO Plans To Stay In Role For At Least Three More Years

Walmart chief executive Doug McMillon, 56, plans to helm the country's largest retailer for at least three more years as the company continues work to iden...

Costco Misses Quarterly Revenue Estimates As Discretionary Spending Slows

Costco Wholesale Corp missed second-quarter revenue estimates, as consumers turned frugal on discretionary spending amid persistently high inflation.

Kroger Sees Annual Profit Above Estimates

Kroger forecast annual profit above Wall Street estimates on Thursday, as the supermarket chain benefits from higher prices, easing cost pressures and stea...

Target Eyes Long-Term Growth By Investing In Enhanced Shopping Experience

US retailer Target Corp has announced plans to invest $4 billion to $5 billion in 2023 to focus on creating a 'differentiated guest shopping experience', w...

Target Fends Off Holiday Gloom With Discounts, Warns On 2023 Earnings

Target Corp posted a surprise rise in holiday-quarter sales on Tuesday, buoyed by an increase in store traffic from discount-hungry Americans, even as it j...