News

The world's largest retailer says it won't be able to absorb all the costs from higher tariffs on imported goods, ...
Retail sales increased by 0.1% in April as consumers kept up their spending momentum ahead of potential price increases from U.S. tariffs.
Surprising inflation data and weak retail sales spark a sharp crypto selloff, with Bitcoin down over 3% and Coinbase sliding ...
Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with ...
Executives at Walmart are warning that the retail giant will raise prices on many everyday items due to President Donald ...
Meanwhile, Dick's Sporting Goods' stock (DKS) tumbled 14.1%, which puts it on track for the biggest selloff since the record $24.2% drop on Aug. 22, 2013, after the plan to buy Foot Locker was ...
Real Retail Sales were higher than many expected, compounded by prior months being revised higher. Click to read.
Wall Street is veering lower while oil prices are down more than $2 a barrel as traders bet on a possible U.S.-Iran nuclear ...
Retail sales edged higher by 0.1 percent for April, with the retail control group declining by 0.2 percent. Click to read.
Dick’s will pay $24 a share for Foot Locker, reflecting a premium of 87% on the closing share price on Wednesday, before news ...
Walmart delivered another quarter of solid earnings as sales rose 4.5% at U.S. Walmart stores open at least a year for the quarter ended April 30, ...
On a conference call to discuss the results, Walmart (WMT) Chief Executive Doug McMillon described the company's immediate challenge as navigating the impact of tariffs. He said cost pressures from ...