It may not have been a surprise to see the consumer discretionary sector of the S&P 500 get hammered last year amid talk of a looming recession while the Federal Read more
Tag: Mixed Retailing
Macy’s stock slides as holiday lulls weigh on sales forecast and execs predict difficulties into 2023
Shares of department-store chain Macy’s Inc. slid 8% in after-hours trading on Friday after the retailer gave a more downbeat forecast on its fourth-quarter sales, with management citing big “lulls” Read more
Eat, drink and be merry: Here’s where shoppers have been spending the most money this holiday season
Restaurants are set to become the biggest winners of a holiday season that could turn out to be the most normalized since the onset of the pandemic. That’s according to Read more
Virginia Walmart shooter was store manager, police and witness say
CHESAPEAKE, Va. (AP) — A Walmart manager opened fire on fellow employees in the break room of a Virginia store, killing six people in the country’s second high-profile mass shooting Read more
Retail analysts foresee holiday-season sales growth. Now we’ll hear from retailers themselves.
Even as price increases squeeze shoppers, analysts expect holiday-season sales to increase this year. With Walmart Inc., Target Corp. and discounters TJX Cos. and Ross Stores Inc. reporting results in Read more
Walmart vs. Kroger: Compare their prices on milk, bread, eggs and other grocery essentials
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in Read more
Tim Cook has been an excellent leader for Apple – these numbers prove it
How good is a company’s chief executive officer at investing your money most efficiently? This is an important question for long-term investors. It may underline the difference between a steady Read more
Thanksgiving deals: Walmart, Aldi roll back prices to counter inflation
Here’s something consumers can be thankful for: some major supermarket chains are offering free turkeys or deep Thanksgiving discounts this year as shoppers grapple with record-high inflation. Walmart WMT, +0.26% Read more
Tim Cook has been an excellent leader for Apple – these numbers prove it
How good is a company’s chief executive officer at investing your money most efficiently? This is an important question for long-term investors. It may underline the difference between a steady Read more
Kroger and Albertsons say their merger will help lower prices for struggling consumers. Not everyone is convinced.
The roughly $25 billion planned merger of Kroger and Albertsons, unveiled in October with much fanfare, promised a new entity that would “serve America with fresh, affordable food.” The deal Read more