USA: latest retail news, insights and analysis | ESM Magazine

Dollar Tree Executive Chairman Dreiling To Replace CEO Witynski

Dollar Tree Inc's executive chairman Richard Dreiling is set to replace chief executive officer Mike Witynski, nearly a year after agreeing to revamp its b...

Conagra CEO Expects No More Price Hikes Beyond This Quarter

Conagra Brands Inc has no plans to hike prices further on its snacks and frozen foods beyond the current quarter, its chief executive officer Sean Connolly...

M&S Announces Global Rollout Of Sparks Loyalty Scheme

UK retailer Marks & Spencer has announced that it has rolled out its Sparks loyalty scheme at a global level, extending the service to India and 25 oth...

Costco Tops Quarterly Results On Robust Consumer Demand

Costco Wholesale Corp has topped estimates for quarterly results, helped by strong demand for its fresh food, confectionery and fuel offerings despite risi...

IMF Cuts U.S. Growth Forecast As Consumer Spending Cools

The International Monetary Fund has warned that avoiding recession in the United States will be "increasingly challenging" as it again cut its 20...

U.S. Consumer Credit Growth Slows Considerably In May

U.S. consumer credit rose at its slowest pace in four months in May as Americans pulled back on credit card usage, a trend that if sustained, could hamper...

Costco Margins Hit By Rising Freight And Labour Costs

Costco Wholesale Corp has reported a fall in gross margins, hit by soaring freight and labor costs across the United States, and overshadowing an otherwise...

Target Profit Halves As Rising Costs Hit Margins

Target Corp's quarterly profit halved and it warned of a bigger margin hit due to rising fuel and freight costs, in a clear sign there would be no immediat...