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US retail

  • Thursday, 26 December, 2024
    Lex
    US retail’s multibillion-dollar returns problem Premium content

    Processing the increasing mountain of unwanted, used or damaged goods is hitting profits

    Shoppers carrying bags on Black Friday in San Francisco
  • Thursday, 26 December, 2024
    Commercial property
    Boom in US retail real estate defies prediction of ecommerce apocalypse

    Availability of outdoor shopping centre space is at its lowest in nearly two decades

    A TJ Maxx store in Hyattsville, Maryland
  • Wednesday, 25 December, 2024
    US drugstores vanish as pressures mount on business model

    Retrenchment in industry has led to concerns about spread of ‘pharmacy deserts’ with limited access to medicines

    A man looks through the doors of a closed Walgreens pharmacy
  • Thursday, 19 December, 2024
    Climate change
    Walmart pushes back climate change targets

    World’s largest company by sales acknowledges progress is delayed and it expects to miss its 2030 goals

    A Walmart sign
  • Tuesday, 17 December, 2024
    LexCostco Wholesale Corp
    Why Costco shares are unlikely to end up in the bargain bin Premium content

    The $4.8bn in membership fees the big-box retailer took in last year drove most of its profits

    A close-up of shopping trolleys at a Costco store
  • Friday, 13 December, 2024
    LexMacy's Inc
    Activists go shopping at Macy’s (again) Premium content

    It is not clear that selling or spinning off retail group’s most valuable assets will help

    Shoppers outside Macy’s flagship department store in Midtown Manhattan, New York
  • Wednesday, 11 December, 2024
    Macy's Inc
    Macy’s cuts profit outlook after employee hid $150mn in expenses

    US department store chain says worker ‘falsified documentation’

    Shoppers visit Macy’s department store in Chicago, Illinois
  • Wednesday, 11 December, 2024
    Mergers & Acquisitions
    Albertsons sues Kroger after calling off $25bn supermarket merger

    US grocery chains cancel proposed deal after judge warns of harm to consumers and workers

    A customer in an aisle in Albertsons supermarket
  • Tuesday, 10 December, 2024
    Mergers & Acquisitions
    Kroger-Albertsons $25bn grocery merger blocked by US judge

    Country’s two biggest supermarket operators suffer a potentially fatal blow in their efforts to consolidate

    A worker pushes shopping carts outside a Kroger grocery store in Dallas, Texas
  • Monday, 9 December, 2024
    Macy's Inc
    Activist investors call on Macy’s to hive off real estate properties

    Barington Capital and investment partner Thor urge measures to revive US department store chain’s flagging share price

    Shoppers with purchases in Macy’s bags in Manhattan, New York
  • Saturday, 30 November, 2024
    Surge of online spending means more Americans stay home on Black Friday

    Extended discounts have reduced the importance of the biggest promotional day of the US holiday shopping season

  • Friday, 29 November, 2024
    LexPersonal & Household Goods
    Rise of ‘kidults’ means toys are no longer just child’s play Premium content

    Manufacturers still need to get real kids playing with toys again

    Lego Star Wars sets are displayed on a shelf at a Target store in New Jersey
  • Thursday, 28 November, 2024
    US inflation
    Falling US fuel and food prices bring relief to Thanksgiving shoppers

    Record travel numbers expected over festive period even as Americans remain anxious over inflation

    Traffic in Los Angeles
  • Tuesday, 26 November, 2024
    Walmart Inc
    Walmart to curb diversity efforts in face of pressure campaign

    ‘Anti-woke’ activist Robby Starbuck says company told him it would stop considering race and gender for supplier contracts

    Walmart store
  • Monday, 25 November, 2024
    Retail sector
    Macy’s says employee hid more than $132mn in delivery expenses

    US retailer delays release of third-quarter results after discovering accounting entries issue spanning past three years

    Shoppers carrying Macy’s bags in New York
  • Sunday, 24 November, 2024
    US retailers stretch out Black Friday deals to lure flagging shoppers

    Spending is key driver of US economy but shows signs of slowing as impact of past inflation lingers

    Shoppers at the Walmart Supercenter in Burbank, California, during Walmart’s multi-week annual deals shopping event in Burbank
  • Sunday, 24 November, 2024
    Starbucks Corp
    Starbucks pares hedging programme despite coffee market surge

    Buyer of 3 per cent of world’s coffee holds less than $200mn in fixed-price contracts, down from $1bn in 2019

    Montage image of Starbucks coffee cups and a chart
  • Wednesday, 20 November, 2024
    LexTarget Corp.
    Target’s frugal customers leave it cheap and cheerless Premium content

    The US big box retailer’s focus on non-food goods leaves it exposed now that shoppers are more wary of spending

    Shopping trolleys outside a Target store
  • Wednesday, 20 November, 2024
    Big Brother in aisle 6: shoplifting in US climbs despite new surveillance

    Chains deploy stealthy technology to combat retail theft with mixed results

    laundry detergent in locked cases at a Target store
  • Wednesday, 20 November, 2024
    Target Corp.
    Target chief defends strategy as shares plummet over weak outlook

    US retailer blames rising costs and muted sales of non-essential items for reduced profit guidance

    A red shopping cart with the Target logo is positioned outside a Target store in Albany, California. The background shows autumn trees and parked cars.
  • Tuesday, 19 November, 2024
    Walmart Inc
    Walmart raises guidance as it beats third-quarter forecasts

    Retailer reports revenues of $169.6bn as lingering inflation draws wealthier consumers to low-price products

    The image shows a Walmart store sign in Ciudad Juarez, Mexico, with a large blue sign displaying the Walmart logo and a smaller red sign below indicating a "Pickup" area
  • Tuesday, 29 October, 2024
    Luckin Coffee Inc
    China’s largest coffee chain plans to take on Starbucks in US

    Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and fined

    A Luckin Coffee employee stacks cup lids at the chain’s Tianjie Shopping Mall location in Wuhan, China
  • Tuesday, 22 October, 2024
    Walmart and Amazon threaten US drugstores in prescription delivery

    Launch of same-day services adds to pressure on struggling pharmacy chains such as CVS and Walgreens

    A person with pill bottles and an Amazon box
  • Tuesday, 22 October, 2024
    Abercrombie & Fitch Co
    Former Abercrombie & Fitch chief Mike Jeffries charged with sex trafficking

    US indictment alleges former executive often recruited male models with the promise of appearing in the retailer’s ads

    Mike Jeffries, former chief of Abercrombie & Fitch
  • Saturday, 12 October, 2024
    News in-depthNike Inc
    Nike tries to get back in the race as sneaker sales gather pace

    Athletic footwear thrives as consumers seek wider choice of brands beyond the famous swoosh

    Person carries shoe boxes
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