Amazon held what amounted to an extra Prime Day in October, blanketing its deals site. Best Buy kicked off Black Friday-level sales last month. And on Friday, Kohl’s entered the first 200 people to enter each of its stores to enter a raffle, with prizes including gift cards to Sephora and a family trip to …
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Former U.S. Transportation Secretary Elaine Chao wants the current Sec. Pete Buttigieg “good luck” in finding a solution to the impending strike of the railway workers. Here are the key events happening on Tuesday this could have an impact on trade. RETAILER REVENUES: A busy morning ahead for retail revenue, with Best Buy, Dollar Tree, …
U.S. retailers are facing their first real revenue drop since the global financial crisis this holiday season, even as resilient consumer spending poses challenges for officials seeking to tame inflation. Black Friday, the informal start of peak shopping season, falls at a turning point for consumer spending this week as the highest inflation since the …
US retailers face first real sales drop since financial crisis Read More »
