Target hires Lowe's exec Chandhu Nair as first chief AI officer
Target appointed its first chief AI officer, poaching Chandhu Nair from Lowe's, as retailers race to scale AI spending and technology integration.
Retail Dive · +14 outlets
Home Depot CEO Ted Decker takes medical leave, interim leadership named
Home Depot Senior EVP Ann-Marie Campbell and CFO Richard McPhail will oversee CEO duties for several months while CEO Ted Decker is on medical leave.
Retail Dive · +6 outlets
Cava Q2 earnings beat on same-store sales and traffic gains
Cava's investment in value pricing and wages is paying off, driving sales growth even in lower-income areas.
Restaurant Dive · +14 outlets
McDonald's and rivals find cheap deals alone can't win back diners
Fast-food chains are learning that value deals are insufficient to drive sustained traffic as consumer preferences shift.
Storyboard18 · +3 outlets
TikTok Shop is driving more online sales in the US than Target and other major retailers
The social commerce platform is surpassing traditional retailers in online sales volume in the US market.
Business Insider · +14 outlets
NRF says US retail sales maintain momentum through July, extending growth streak to 10 months
US retail sales rose for the 10th consecutive month in July, supported by back-to-school demand.
HomePage News · +10 outlets
Grocery Outlet Q2 CY2026 sales top estimates, stock jumps 13.7%
The discount grocer reported quarterly sales that beat analyst expectations.
StockStory · +1 outlets
Leslie's Q2 CY2026 sales miss estimates, stock drops 42.9%
The pool supply retailer reported sales below analyst expectations, leading to a sharp stock decline.
StockStory · +2 outlets
On Holding shares tumble 19% after Q2 revenue miss
The sportswear brand's constant currency net sales growth of 21.6% in Q2 was lower than analysts anticipated, with exchange rates possibly contributing.
Retail Dive · +14 outlets
RBC sees split retail quarter for US big-box stores, flags Walmart comparable sales risk
RBC Capital warned that Walmart and other big-box retailers may miss comparable sales expectations in the upcoming earnings reports.
Finimize · +1 outlets
Tesla retail sales in China drop 32% even as battery EV market gains
Tesla's retail sales in China fell sharply in July despite overall growth in the battery electric vehicle market.
Investor's Business Daily · +4 outlets
Walmart Among Big-Box Retailers That May Miss Comparable Sales Expectations, RBC Says
RBC warned that Walmart and other big-box retailers may miss comparable sales expectations.
Yahoo Finance · +5 outlets
UK retail sales growth slows to 1.3% in July as heatwave keeps shoppers away
British retail sales growth cooled in July as hot weather and a World Cup boost to food sales were offset by reduced footfall in stores.
finance.biggo.com · +13 outlets
Brinker International Q2 CY2026 revenue in line, full-year outlook slightly above expectations
The restaurant operator reported earnings results with revenue matching estimates and a slightly better full-year outlook.
FinancialContent · +3 outlets
Ace Hardware Q2 revenues hit $3 billion
Ace Hardware reported strong Q2 results with revenues reaching $3 billion.
Hardware Retailing · +1 outlets
BofA forecasts July US retail sales drop of 0.4% due to Prime Day calendar shift
Bank of America projects a decline in July retail sales data because Amazon Prime Day fell on different dates this year, distorting the comparison.
Investing.com UK · +4 outlets
Simon Property Group posts positive Q2, citing robust leasing and rising retail sales
Simon reported strong Q2 results with robust leasing activity and rising retail sales driving performance.
WWD · +1 outlets
Amazon's $3 trillion milestone was not about retail, analysis says
Amazon reached a $3 trillion market capitalization driven primarily by its cloud computing and AI businesses rather than retail operations.
success.com · +14 outlets