retail News Updates

GovernmentBusiness

Businesses Expect to Pass Along 50% of Tariffs, Survey Finds

Business expect to pass through roughly half of tariff-related expenses to U.S. consumers still reeling from the pandemic-era inflation surge, according to a new survey.

June 6, 2025
BusinessPrivateTop 100

Costco Defies Tariff Shifts With Higher Profit, Lower Prices

Costco posted better-than-expected earnings in its 2025 Q3, a sign that the nation’s largest club chain is flexing its scale and devoted following to navigate tariffs and economic turbulence.

June 3, 2025
GovernmentBusinessPrivateTop 100

Dollar General Posts Record Sales as Shoppers Pinch Pennies

Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores.

June 3, 2025
GovernmentBusiness

Retail Sales Increase 1.4% in March Ahead of Tariffs

U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big-ticket items, particularly cars, before President Donald Trump’s expansive new tariffs kicked in.

April 17, 2025
BusinessPrivate

Dollar Tree Sells Family Dollar for $1 Billion

Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion after a decade of trying to make its acquisition of the bargain chain fit.

March 26, 2025
BusinessPrivateTop 100

Walgreens Going Private in $10 Billion Sycamore Deal

The offer, a roughly 8% premium to Walgreens’ closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.

March 6, 2025
BusinessLogisticsPrivateTop 100

Costco’s Profit Miss Reflects Broader Retail Concerns

Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations. Retailers have taken a more cautious outlook in recent weeks.

March 6, 2025
BusinessPrivateTop 100

Costco Raises Pay for Top Hourly Workers to Over $30 an Hour

The company will raise hourly pay for employees at the top of its pay scale over the next three years, CEO Ron Vachris wrote in a memo to staff this week that was viewed by Bloomberg News.

January 31, 2025
BusinessLogisticsPrivateGlobal FreightTop 100Top 50

Walgreens Shares Soar 28% After Sales Beat Forecasts

Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and prescription volumes at the company’s U.S. retail pharmacy division.

January 10, 2025
BusinessLogisticsPrivateGlobal FreightTop 100Top 50

Value-Seekers Drove 2024's Retail Trends and Dead Ends

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, 2024