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%.

Amazon Q4 Sales Beats Estimates On Cloud And E-commerce Strength

Amazon.com beat fourth-quarter revenue expectations on robust growth in its cloud business and online spending during the critical holiday shopping se...

Nestlé’s Plant-Based Foie Gras Returns For A Limited Time

Nestlé’s vegetarian and vegan brand Garden Gourmet is bringing back Voie Gras, a plant-based alternative to foie gras, for a limited time.

Retailers Expect Supply Chain Woes Ahead Of 2023 Holiday Season, Study Finds

Consumer products and retail (CPR) companies are anticipating supply chain challenges ahead of this year's holiday season, with 42% foreseeing to stockouts...

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.

No Big Boost Expected In Luxury Spending During Holiday Season: Bain

Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers...

Amazon's Cloud Stabilising, Shoppers Cautious Heading Into Holiday Season

Amazon.com has said growth in its cloud business is stabilising as it signed new deals, but warned that consumers remained wary about spending going into t...

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...