Tag: Retail Sales US

Dollar General is seeking to continue providing value to customers during times of economic difficulty by expanding its grocery business, CEO Jeff Owen explained. Owen admitted that the retailer could be doing more in terms of evolving to better meet current consumer needs. While Dollar...

Nordstrom stocks rose by 6% after trading closed on Thursday after the retailer's quarterly earnings beat Wall Street expectations. The company's strong financial performance came despite a rise in vanishing merchandise and theft, which is affecting U.S. retailers at large. "Losses from theft are at...

Kohl's reported on Wednesday that profits and sales in the second quarter declined as the department store chain continues to struggle with the downward trend in consumer spending. Still, its results beat Wall Street expectations, with stocks in the company rising by over 2%...

U.S. stocks recovered slightly from heavier losses early on Friday to close the week on a loss following an influx of mixed economic signals throughout the last week. While the retail sector data remained strong following an onslaught of earnings reports from big box...

The U.S. retail sector conveyed mixed signals this week following a wave of incoming earnings reports and the release of consumer spending and student loan repayments data. While retail earnings largely beat Wall Street expectations, an increase in student loan repayment concerns has convinced...

Lenovo Group confirmed on Thursday a 24% decline in revenue for the quarter ending in June, spurred by a sharp decline in the global demand for personal computers. The fourth consecutive drop in quarterly sales, this result comes after the Chinese electronics company a...