Archive snapshot · Consumer
Fri, Jul 24, 2:50 AM ET
UK retail sales rise 1.0% in June, beating forecast as online spending and heatwave drive rebound
UK retail sales unexpectedly surged 1.0% month-on-month in June against forecasts of -0.3%, with online shopping and summer weather driving the broad-based gain
Reuters · +15 outlets
Canada retail sales rise 1.0% in May, extending five-month growth streak with gas price gains
Canadian retail sales grew 1.0% in May on higher gasoline and broad-based purchasing, extending a fifth consecutive monthly increase and beating consensus expec
Reuters · +14 outlets
Amazon closes gap on Costco as second-largest CPG retailer, strengthening retail media advantage
Amazon is rapidly narrowing the gap with Costco in consumer packaged goods retail and leveraging CPG scale to strengthen its retail media network, offering bran
Progressive Grocer · +3 outlets
Back-to-school spending expected to break records as Target and Walmart lead promotions
Back-to-school season is forecast to set spending records as major retailers including Target and Walmart deploy price cuts, expanded inventory, and expanded st
WKMG · +12 outlets
Tractor Supply misses Q2 earnings, cuts guidance as pet business falters and Amazon competition intensifies
Rural retailer Tractor Supply reported weak Q2 results and lowered full-year outlook amid struggling pet supply sales, soaring fuel costs pressuring customers,
Retail Dive · +1 outlets
Apparel Brands report mixed Q2 results; Nike resets China distribution amid 12% regional decline
Major apparel and footwear brands report uneven earnings as Nike struggles in China with a 12% revenue decline, forcing distribution resets, while VF Corporatio
Retail Dive · +2 outlets
Walmart shares quiet plan to compete with Amazon through supply chain and logistics investments
Walmart is deploying supply chain optimization and logistics capabilities as a quiet but significant competitive advantage against Amazon, leveraging physical i
thestreet.com · +11 outlets
Taco Bell and fast-casual sector face cyclosporiasis outbreak fallout as Taylor Farms lettuce links emerge
Taco Bell, Chipotle, and other chains face litigation and brand damage from a cyclosporiasis outbreak linked to Taylor Farms lettuce, though FDA contradicted ea
Restaurant Dive · +13 outlets
Russia's Wildberries e-commerce giant becomes target in Ukraine drone strikes, disrupting small sellers
Ukraine has targeted Russia's largest online marketplace Wildberries with drone strikes, hurting small business sellers and bringing geopolitical tensions into
Financial Times · +14 outlets
Harley-Davidson beats Q2 revenue estimates, raises retail sales outlook on strong North American demand
Harley-Davidson topped Q2 revenue estimates and raised full-year guidance on strong North American retail sales and improved motorcycle margins, signaling resil
TradingView · +5 outlets
Costco cuts products, leaving members surprised; retailer seeks approval for new Florida store amid zoning dispute
Costco is curating its merchandise mix by discontinuing popular items and navigating local regulatory hurdles as it pursues store expansion, including disputed
thestreet.com · +4 outlets
Vishal Mega Mart reports Q1 net profit of 2.6B rupees with same-store sales growth of 10%
Indian discount retailer Vishal Mega Mart posted Q1 profitability and double-digit same-store sales growth, demonstrating strong consumer appetite in emerging m
CNBC TV18 · +2 outlets
Taiwan retail sales growth accelerates to two-year high amid broadening consumer demand
Taiwan retail sales posted the strongest growth in two years, with food, beverage, and auto sectors reaching June records as consumer confidence strengthens acr
TradingView · +4 outlets
JD.com named Costco China's exclusive e-commerce partner, expanding warehouse club presence
Costco and JD.com formalized an exclusive e-commerce partnership in China, enabling the warehouse club to leverage the dominant platform to reach consumers with
Retail Asia · +1 outlets
Albertsons surprises with Q2 sales beat but stock drops 14.4% as investors focus on profitability concerns
Albertsons exceeded Q2 sales expectations but equity markets punished the stock sharply as investors prioritize margin and earnings quality over revenue growth
StockStory · +1 outlets
Chow Tai Fook quarterly retail sales value rises 15.1% on jewelry demand recovery
Hong Kong-based luxury jewelry retailer Chow Tai Fook posted strong double-digit sales growth in its latest quarter, signaling recovery in discretionary spendin
thebambooworks.com
Ermenegildo Zegna Q2 revenue climbs 10.3% on retail strength and improving China demand
Italian luxury fashion house Ermenegildo Zegna posted double-digit revenue growth in Q2 driven by retail momentum and recovering demand in China, reversing earl
The Impression
Walmart and LEGO team up with Netflix on interactive live shopping experience launching today
Walmart, Netflix, and LEGO Group launched a new interactive live shopping format designed to merge entertainment and retail, testing convergence of streaming an
Retail Technology Innovation Hub · +3 outlets

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