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

Target Lifts Holiday Sales Forecast, Although Higher Supply Costs Loom

Target has raised its sales forecast for the holiday season, boosted by early Christmas shopping, even as the retailer grappled with higher costs stemming...

Mastercard Launches Buy Now, Pay Later Service

Mastercard Inc on Tuesday launched a buy now, pay later service, tapping into a market that is threatening to chip away at the dominance of credit cards as...

Not Again? Costco Imposes Purchase Limits On Toilet Paper Amid Signs Of Panic Buying

Costco Wholesale has announced it is reinstating purchasing limits on some key items, including toilet tissues and bottled water, spurred by panic buying f...

Target To Hire 100,000 Additional Workers For Forthcoming Holiday Season

Retailer Target Corp has announced plans to hire 100,000 seasonal workers this year, fewer than last year, to prepare for the holiday season at a time when...

Walmart To Scrap Quarterly Bonuses As It Implements Wage Hike

Walmart Inc has said it is to phase out its decades-old quarterly bonuses for store workers as it implements hourly wage raises for employees. The US re...

Kroger Plans For 1m COVID-19 Booster Shots A Week

US grocery chain Kroger Co is gearing up to administer 1 million COVID-19 booster shots a week once they are available to the general public, and plans to...

Target Sales Beat Estimates As Shoppers Go Back To Stores

Target Corp beat analysts' estimates for same-store sales on Wednesday as more shoppers visited its stores to buy clothes and stock up on back-to-school es...

Packaging Firm Faerch Group Enters US Market Through MCP Performance Plastic

Packaging firm Faerch Group has announced the acquisition of MCP Performance Plastic, a move that takes the A.P. Moller Holding-owned business into the US...