US retail sales rise as consumers step up spending | Business and Economy News
Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the
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Retail
IMF, Bangladesh reach preliminary deal for $4.5bn loan | Business and Economy News
Rising energy and food prices, sparked by the Russia-Ukraine war, and shrinking forex reserves have hit Bangladesh. The International Monetary
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Pumpkin spice lattes add spice to Starbucks revenues | Business and Economy News
A bump in sales of high-priced Starbucks coffee and cold drinks in North America helped cushion a revenue drop in
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Amazon warns costs may eviscerate profits, shares crash | Business and Economy News
Amazon’s efforts to boost revenues may not pay off as inflation and receding consumer demand bite into profits. Amazon.com Inc
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Kroger snaps up Albertsons for $25bn to create grocery giant | Business and Economy News
Kroger Co snapped up Albertsons Cos Inc in a $25bn deal on Friday, creating a US grocery behemoth to better
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US retail sales flat in September as inflation bites | Business and Economy News
The pace of sales at US retailers was unchanged in September from August as rising prices for rent and food
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US retail sales little changed in July as auto, fuel buying drop | Retail News
A pullback in American consumer spending is a critical element in the Federal Reserve’s fight against inflation. US retail sales
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Walmart earnings boosted as discounts draw inflation-hit shoppers | Business and Economy News
The mega-retailer’s inventory grew by 25 percent at the end of the second quarter from a year earlier to $59.9bn.
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Russians buy last goods from H&M, IKEA as stores begin exit | Russia-Ukraine war News
Mega-retailers H&M and IKEA are unloading their stocks in Russia as they wind down their business in the country. Russians
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US consumer spending rises in June as inflation takes bigger bite | Business and Economy News
US consumer spending barely rose in June after falling in the prior month, underscoring how decades-high inflation has eroded Americans’
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