‘Stubborn’ food inflation leaves U.S. shoppers with slim appetite for other goods
Food retailers benefit from rocketing prices Choosy shoppers seek discounts on clothing, housewares Home improvement sales head down Feb 23 (Reuters) – As American shoppers...
Heavy discounts drive record U.S. online holiday spending, report says
Jan 5 (Reuters) – U.S. online spending during the 2022 holiday season rose by a better-than-expected 3.5%, a report by Adobe Analytics showed, as retailers...
Falling Q4 profit forecasts another negative for U.S. stocks
NEW YORK, Nov 18 (Reuters) – After a disappointing third-quarter reporting period, analysts are projecting that fourth-quarter U.S. earnings will decline for the first time...
IMF’s Georgieva says China, other big creditors must work to prevent debt ‘explosion’
International Monetary Fund chief Kristalina Georgieva meets Democratic Republic of Congo President Felix Tshisekedi in Kinshasa, Democratic Republic of Congo, December 8, 2021. REUTERS/ Hereward...
America’s biggest warehouse is running out of room. It’s about to get worse
SAN BERNARDINO, Calif., Aug 2 (Reuters) – America’s largest warehouse market is full as major U.S. retailers warn of slowing sales of the clothing, electronics,...