Canada July retail sales fall 0.7%, first drop in nearly a year; August advance seen up 1.3%
The decline in Canadian retail spending signals weakening consumer demand and weighed on the loonie, though StatCan's advance estimate points to a rebound in Au
Reuters · +15 outlets
Amazon opens Prime delivery and fulfillment services to merchants' own websites, cutting fees up to 25%
The move extends Amazon's logistics network beyond its marketplace, letting it run fulfillment for rival merchants and deepen its grip on e-commerce infrastruct
About Amazon · +14 outlets
Costco beats sales estimates as discount gas and bulk deals draw inflation-weary shoppers
Costco's stronger-than-expected quarterly sales underscore how value-focused consumers are favoring warehouse clubs amid persistent inflation.
Reuters · +4 outlets
McDonald's to invest $8.5 billion in modernization, tech and menu expansion through 2036
At its first investor day since 2023, McDonald's detailed a long-term strategy to grow market share in chicken and beverages and launch a $1 billion retail medi
Restaurantdive · +14 outlets
Amazon to invest $3 billion in India's fast-delivery boom
The outlay intensifies competition with Flipkart and other quick-commerce players in one of the world's fastest-growing e-commerce markets.
The Japan Times · +4 outlets
Starbucks to close 250 underperforming stores
The closures target locations that fail to meet the coffee chain's service and financial benchmarks amid its turnaround effort.
Restaurantdive · +14 outlets
UK retailers report sharp sales drop and record order cutbacks as consumer sentiment weakens: CBI
The CBI survey adds to signs of faltering UK consumer demand ahead of the crucial holiday trading period.
Reuters · +6 outlets
Toys R Us opens 120 stores nine years after bankruptcy, riding nostalgia revival
The U.S. relaunch tests whether the defunct brand's nostalgia appeal can translate into a viable physical retail footprint.
Fortune · +2 outlets
Mastercard forecasts 5.5% growth in US holiday retail spending, with AI shaping shopping
The forecast points to resilient but value-conscious holiday demand, though analysts warn the headline growth may mask inventory risks.
insideradio.com · +4 outlets
Walmart launches expanded gas savings program in challenge to Costco
Thefuel-discount push is Walmart's latest bid to court price-sensitive shoppers and take on Costco's membership gas advantage.
thestreet.com · +3 outlets
Target expands retail media business as turnaround shows progress
Target is scaling its advertising arm alongside store and traffic gains under CEO Michael Fiddelke, but the recovery remains uneven.
Retaildive · +5 outlets
Myer posts A$276m annual loss, warns of tough FY27 as consumer spending falls
The Australian department store's second-worst loss in 126 years reflects writedowns and a materially weaker consumer environment, with Solomon Lew rejoining th
Mi-3.com.au. · +8 outlets
Tapestry begins selling Coach and Kate Spade items through Google's Gemini app and AI Mode
The partnership places the fashion group inside Google's AI shopping ecosystem as agentic commerce gains traction.
Retaildive · +4 outlets
Walmart merges fashion, beauty and home into new style organization
The restructuring and hiring of designer Brandon Maxwell signal Walmart's push to win higher-income apparel shoppers.
WWD · +4 outlets
JD Sports first-half profit falls 19.7% as North America comparable sales decline
The athletic retailer's weakness in North America persists even as Asia Pacific posts strong organic growth, and its CEO says it is not waiting on a Nike recove
TheIndustry.fashion · +4 outlets
US retail sales rebound in late summer as in-store spending hits record
The late-summer bounce in US retail spending offers a brighter read on consumer resilience after a patchy spring.
Yahoo Finance · +9 outlets
Target launches new campaign putting design legacy at center of marketing
The effort, spanning creator partnerships and experiential activations, aims to reassert Target's design credentials as its turnaround takes hold.
Retaildive
Darden Restaurants shares slide after first-quarter sales miss estimates
The Olive Garden parent's softer sales renew concerns about consumer spending at casual dining chains.
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