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Retail Sales, Ongoing Consumer Resilience and Economy
US economy on solid ground as retail sales surprise on the upside
WASHINGTON, Sept 17 (Reuters) - U.S. retail sales unexpectedly rose in August as a decline in receipts at auto dealerships was more than offset by strength in online purchases, suggesting that the economy remained on solid footing through much of the third quarter.
US retail sales ticked up last month in sign of ongoing consumer resilience
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate.
August Retail Sales Beat. Why It Won’t Be a ‘Game Changer’ for the Fed.
A strong report could pave the way for a more modest rate cut, while a softer reading may spur the central bank into taking more drastic action.
Ocado Retail Lifts Sales Guidance
Ocado Retail Lifts Sales Guidance After Bumper Quarter
Ocado Group Plc’s online grocery business lifted its revenue guidance for the year after a strong third quarter for the retailer, a favorite of England’s middle classes.
Ocado Retail Lifts Sales Guidance on Improved Volumes
Ocado lifted its revenue guidance for fiscal 2024 and confirmed its earnings target, after its retail joint venture with Marks & Spencer posted a sharp increase in third-quarter sales, supported by improved volumes.
Ocado ups guidance as customers return to M&S joint venture and sales surge
In the 13 weeks to 1 September, Ocado Retail, a joint venture between Ocado and Marks & Spencer, saw revenue rise over 15 per cent to £658m, up from £569m by the same point a year ago.
40m
on MSN
It's a tough time in retail — and CEO heads keep rolling
Nike's John Donahoe is the latest CEO to get the chop amid a difficult environment for retail and consumer-focused companies ...
2d
on MSN
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is ...
23h
Champions Of E-Commerce Advertising: Leveraging Retail Media Networks
The e-commerce landscape is in a perpetual state of evolution, requiring brands to continuously adapt their strategies to ...
2d
US Retail Sales Post Surprise Gain, Helped by Online Stores
US retail sales unexpectedly rose in August, pointing to healthy consumer demand that continues to underpin the economy.
5h
on MSN
FTSE 100 Live 20 September: Retail sales and borrowing figures, confidence slides
Consumer confidence appears to have taken a big hit in the run-up to next month’s Budget. The reversal comes despite stable ...
16h
on MSN
Compton Rite Aid locks up its merchandise in attempts to control retail theft
"We are taking an active role in helping law enforcement in their pursuit of shoplifters...," Rite Aid wrote in a statement.
1d
on MSN
Retail Spending Rise Bolsters Year-End Outlook
Census Department data for August shows consumers defied economists' predictions of shrinking retail spending, setting the ...
5h
London blue-chips slip as sterling jumps after retail sales beat
UK shares slipped on Friday while the British pound jumped, though the stock index was set to eke out weekly gains riding on ...
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