Amazon.com Inc's decision to extend its Prime Day sale to four days has faced early setbacks, with preliminary results showing disappointing shopper engagement as the event continues.
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Nike's shares soared after announcing a production shift away from China amidst looming tariffs. The company plans 'surgical' price increases, raising concerns for back-to-school shoppers as retail giants face rising costs.
As federal immigration raids continue in Southern California, communities are gripped by fear, leading to empty streets and shuttered businesses. Local leaders express deep concerns over the economic fallout and community safety.
Dollar General reports a 2.4% rise in same-store sales, surpassing expectations as higher-income shoppers flock to the retailer for value. The company is adapting to tariffs while raising its fiscal guidance for 2026.
Dollar General's latest earnings beat expectations, revealing a surge in revenue and attracting higher-income shoppers. CEO Todd Vasos discusses strategies to retain this new customer base amidst economic uncertainty.
In a surprising twist amid economic uncertainty, Dollar General has raised its financial forecast, reporting a 2.4% sales increase as shoppers flock to dollar stores for better deals. CEO Todd Vasos shares insights on changing consumer behavior and tariff impacts.
Dollar General's shares jumped over 10% following a robust earnings report, revealing a shift in customer demographics as more middle- and higher-income shoppers flock to the discount retailer amidst tariff fears.
Retailers are cleverly adjusting prices without alarming customers about tariff-related increases. Instead of blunt price hikes, they're using terms like 'strategic adjustments' to navigate rising costs while keeping shoppers engaged.
Treasury Secretary Scott Bessent states Walmart may have to raise prices due to Trump's tariffs, despite the President's warnings to avoid doing so. As inflation concerns linger, Bessent downplays the impact on consumers.