Archive snapshot · Consumer
Sat, Oct 31, 9:32 AM ET
Amazon shares sink as AI spending overshadows fastest AWS growth in five years
Amazon beat on cloud growth but retail and advertising revenue lagged, prompting analysts at Morgan Stanley and Citizens to weigh in on the stock's selloff.
Reuters · +12 outlets
DoorDash to acquire Instacart for $17B, consolidating delivery giants
The deal merges two major retail delivery players, a combination restaurant operators warn could raise their costs.
Retaildive · +14 outlets
FTC orders Target, Walmart and seven others to detail personalized pricing practices
The inquiry examines whether loyalty data and personal information are being used to alter prices for individual shoppers.
Retaildive · +13 outlets
Wendy's evaluating $1.4B unsolicited offer from investor group
The bid is part of a broader wave of private buyers targeting troubled restaurant chains, including an approach Dine Brands rebuffed with a poison pill.
Restaurantdive · +3 outlets
Starbucks Q4 sales miss but US turnaround gains steam
The coffee chain reported sales below expectations while citing improving US momentum, and is piloting AI-personalized drive-thru menus.
CNBC · +5 outlets
Amazon CEO Jassy says investors are 'sleeping' on the retail business
On the Q3 earnings call, Jassy defended Amazon's stores unit and predicted the company could have two $1 trillion businesses within a decade.
Retaildive · +8 outlets
Burger King sales soar while Popeyes lags, RBI resets Popeyes leadership
Restaurant Brands International reported divergent trajectories for its two biggest brands and named new Popeyes leadership as sales slipped.
Restaurantdive · +7 outlets
FTC and eight states sue Toast over alleged hidden fees
Regulators allege the point-of-sale provider charged restaurant clients and their customers undisclosed fees.
Restaurantdive · +9 outlets
Walmart cuts holiday meal deal to $3.50 per person as Target counters with $30 Thanksgiving dinner
Major retailers are competing on Thanksgiving pricing in a holiday season defined by consumer focus on value.
Fox Business · +4 outlets
Hershey warns rising living costs may curb Halloween spending as chocolate costs climb
Cocoa and living cost inflation are pushing up candy prices just as shoppers grow more price sensitive.
Reuters · +6 outlets
Sales of restaurants and small retailers fall to lowest since pandemic
Small business sales data shows weakness at the lower end of the retail and dining market.
CoStar · +14 outlets
Black Friday 2026 sales start early at Costco, Target and Walmart
Major retailers are rolling out holiday promotions ahead of schedule, with Target detailing store hours and early access offers.
Dallas News · +14 outlets
Retail sales signal healthy Q3 consumer spending
The Conference Board points to resilient consumer spending heading into the holiday quarter.
The Conference Board · +13 outlets
Dominant UK retail sales jump in October on winter wardrobes and online demand
UK retail sales posted their strongest growth since January 2025, though shoppers remain cautious.
Retail Gazette · +3 outlets
South Korea industrial output hits 15-year high on chips, retail sales also up
Korean semiconductor production drove record factory output, with retail sales and investment also rising.
The Korea Times · +14 outlets
Amazon says more than 400M customers used Alexa for shopping in past year
Amazon is pushing voice and agentic AI shopping tools even as Jassy said rival shopping agents like Meta's Muse are 'not great'.
Modern Retail · +1 outlets
Reliance Retail Q2 gross revenue rises 6.4%, JioMart up 42%
Reliance Retail set an FY28 profitability target for JioMart while reporting disciplined growth across its retail formats.
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