Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices.
December 30, 2024retail News Updates
Value-Seekers Drove 2024's Retail Trends and Dead Ends
Walmart Stock Soars 82% in 2024, Leading Retail Industry
Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.
December 18, 202460 Seconds: Trucking Industry Accelerates Hurricane Helene Relief Efforts
As Hurricane Helene’s floodwaters recede, truckers are ensuring supplies reach those in need.
October 8, 2024Port Strike Sparks High Demand for Toilet Paper at Retailers
During visits to Costco stores in northern New Jersey, Oppenheimer analyst Rupesh Parikh said his team “observed behaviors similar to the start of the pandemic.â€
October 3, 202460 Seconds: In-Store Shopping Back In Trend
An accelerated transition toward in-store shopping from ordering online is underway and set to aid the nascent #freight environment recovery, according to observers.Â
October 1, 2024Industry Takes Fresh Look at Reverse Logistics
Reverse logistics — the management and movement of returned goods — is one of the most significant systems in the economy, and one of the most complicated.Â
January 10, 2024Cyber Monday Sales Hit Record $12.4 Billion on Nov. 27
U.S. shoppers spent $12.4 billion on Cyber Monday, a robust result demonstrating the continued resilience of consumers despite dwindling pandemic-era savings and high interest rates.
November 28, 2023Walmart Attracts Savings-Minded Shoppers, Posts Strong Q3
Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.
November 16, 2023Rite Aid Files for Bankruptcy
PHILADELPHIA — Rite Aid said Oct. 16 that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan.
October 16, 2023Target Sales Ebb on Inflation, Pride Month Shopper Backlash
NEW YORK — Target’s second-quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise.
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