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Retail
Consumers are cutting back on restaurant spending, but CEOs say not all
Howard SchultzDavid Ryder | ReutersSome restaurants are reporting weaker sales or declining traffic in the second quarter, signaling that diners are cutting back on eating out to save money.But CEOs are split on how consumer behavior is…
Some spirits drinkers are starting to trade down, Beam Suntory says
Bottles of Beam Inc.'s Jim Beam bourbon whiskey, center, are displayed for sale at a liquor store.Uriko Nakao | Bloomberg | Getty ImagesThe maker of Jim Beam said some price-sensitive whiskey and tequila drinkers are opting for cheaper…
People are spending lots of money on makeup, and retailers are cashing in
Target has added new brands to its beauty department. At a growing number of stores, it also has mini Ulta Beauty shops with prestige brands.Melissa Repko | CNBCAs prices creep up, some people have decided against getting a new outfit,…
Top tips to save on back-to-school shopping
Customers shop for back-to-school supplies at a Target store in Colma, California.David Paul Morris | Bloomberg | Getty ImagesAs parents know all too well, it's hard to cut back when it comes to the kids.Despite more households living…
Why the price of a pint of beer in the UK is going through the roof
LONDON — The average cost of a pint of beer in the U.K. has soared by 70% since 2008 — well ahead of inflation — and some Londoners are parting with as much as £8 ($9.70) for 568ml of the amber nectar.According to figures from…
The Walmart, Target inventory misses include a message for Main Street
Filip Radwanski | Lightrocket | Getty ImagesThe retail battle narrative over the past few decades has cited one of two wars: Amazon and e-commerce against the big bricks-and-mortar retailers, and everybody big against small Main Street…
Bed Bath & Beyond up nearly 40%, AMC surges amid message board meme chatter
A view of a Bed Bath and Beyond store in Daly City, California.Justin Sullivan | Getty ImagesBed Bath & Beyond and AMC Entertainment surged Monday as meme traders seemed to be betting on the stock despite the lack of any apparent…
Stores, suppliers fight over price hikes as inflation squeezes shoppers
A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022.Lucy Nicholson | ReutersLong before shoppers fill up their carts with hot dogs or detergent, supermarkets and suppliers…
Macy’s got an upgrade, but there may be a better way to play retail
Is it time to dive into department store stocks?Analysts at Cowen brought that question to the forefront on Thursday by upgrading Macy's stock to outperform, citing the company's digital innovation efforts and calling it "an American…
Stock Market News: What Conflicting Jobs Data Really Means for Markets – Motley Fool
The stock market kept moving upward on Thursday morning, continuing to draw optimism from hopes that the economy will be able to overcome a second wave of coronavirus cases. Just before 11 a.m. EDT, the Dow Jones Industrial Average…