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

US Back-To-School Spending To Remain Muted In 2024, Deloitte Says

Back-to-school spending this year is expected to be flat or lower in the United States, as shoppers dial down on expensive electronics such as laptops and...

Store Brands Set New Market Share Records In US In First Half

Private label sales reported new records in unit and dollar share in the United States in the first half of 2024, compared to the same period last year.

Retail Industry Contributes $5.3trn To GDP Of The United States

The retail industry is the largest private-sector employer in the U.S., contributing $5.3 trillion (€4.91 trillion) to the country's annual GDP.

Spice Maker McCormick Beats Quarterly Results On Strong EMEA Business

McCormick beat market expectations for second-quarter profit and sales, led by strong demand for its spices and seasonings in Europe, Middle East and Afric...

Amazon Hits $2 Trillion In Valuation On AI Fervour, Rate Cut Bets

Amazon.com hit $2 trillion (€1.87 trillion) in market value for the first time on Wednesday, becoming the fifth U.S. company to surpass that level.

Walmart To Replace Paper Shelf Labels With Digital Price Screens In 2,300 Stores

Walmart has announced an expanded roll-out of digital shelf labels that will allow it to update prices on over 120,000 items within minutes.

Wheat Jumps 1% On Global Supply Worries; Soybeans Hit One-Month Low

Chicago wheat bounced back on Monday, rising more than 1% and gaining after three sessions of declines, as worries over global supplies underpinned the mar...

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