Retail Sales

The world of consumption taxes can be confusing, especially when comparing the tax system in the U.S. to the systems used in other countries. For U.S. shoppers and businesses, it’s important to know the difference between the sales tax that Americans are used to and the Goods and Services Tax...

Macy’s Inc. (NYSE:M) is reportedly set towards the closure of several facilities in Connecticut, leading to the layoff of over 1,000 employees. Macy's to Close Two Connecticut Sites Macy’s is shutting down its operations in South Windsor and Cheshire, Connecticut, as part of its...

Chinese e-commerce giant PDD Holdings (NASDAQ:PDD) climbed 5.87% in Wednesday pre-market, reversing previous session’s losses. The company has been slapped with a fine of 100,000 yuan ($14,359) by a Shanghai district taxation bureau amid non-submission of tax information,...

Costco Wholesale Corporation (NASDAQ:COST) has ended its decade-long relationship with PepsiCo Inc. (NASDAQ:PEP), returning its food courts to products from Coca-Cola Co. (NYSE:KO). The transition began in late 2025 and was completed in early 2026. Costco has not provided extensive commentary on...

The retailer of sports shoes and athletic apparel posted double-digit growth in quarterly sales, despite broader market pressures and fragile consumer sentiment Image Credit: Bamboo Works Key Takeaways: Offline sales of the main 361 Degrees brand and the firm's sports clothing for children rose...

Coca-Cola (NYSE:KO) has decided to halt the sale of its Costa Coffee chain after private equity bids did not meet the company’s expectations, according to a report published Wednesday. The soft drinks giant ended discussions with remaining bidders in December, including TDR Capital and Bain...

Editor’s Note: The story has been updated with premarket price action. Walmart Inc. (NYSE:WMT) shares climbed 3.45% during Monday’s pre-market trading session after it announced a partnership with Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Gemini, which will enable...

Amazon (NASDAQ:AMZN) has proposed opening a large-format retail store in Orland Park, Illinois. Check out the current price of AMZN stock here.  Amazon, one of the world’s top five retailers, is considering the development of a commercial retail site at the former Petey’s II...

Morgan Stanley Chief Investment Officer Mike Wilson delivered a strikingly bullish outlook for the U.S. equity market this week, predicting high teens earnings growth and placing his bets on the consumer goods sector. The ‘Big Beautiful Bill’ Catalyst Speaking on CNBC's Squawk Box,...

Jollibee Foods Corp. (OTC:JBFCY) announced plans on Tuesday to separate its international business and list it in the U.S. by late 2027. Jollibee To Spin Off Global Operations The Philippine fast-food giant plans to establish a new entity, Jollibee Foods Corporation International (JFCI), to house...

As the new year begins, this Wall Street analyst expects one legacy retail giant to stand out from the pack. American Consumers Continue ‘To Be Resilient’ TD Cowen's Oliver Chen said he remains optimistic about consumer momentum heading into the new year, citing a strong holiday...

Saks Global said on Friday that its CEO Marc Metrick will step down, amid reports that the luxury retailer is preparing to file for bankruptcy. The company added that Executive Chairman Richard Baker will take on the additional role of CEO. The leadership change comes after the Wall Street...

The past year tested investor confidence, as markets grappled with policy upheaval tied to President Donald Trump‘s "Liberation Day" tariffs and a disruptive government shutdown that slowed IPO activity. As the calendar turns to 2026, however, prediction market data points to a shift in...

Tesla Inc. (NASDAQ:TSLA) has lost its position as the world’s top electric vehicle (EV) maker to China’s BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF), after reporting a second year of declining vehicle sales. Check out the current price of TSLA stock here. Tesla reported a 9% drop in fully...

Amazon.com Inc. (NASDAQ:AMZN) rival Etsy Inc. (NYSE:ETSY) is beginning to stir after being dormant for an extended period of time, and this is already showing up in its Momentum score. Shares of the vintage e-commerce website were up just 4.39% last year, and have largely lagged against peers and...