Consumer spending has powered the economic recovery from the pandemic shock. Now wallets are thinner, and some businesses are feeling the difference.
Category: Walmart Stores Inc
Walmart Earnings Boosted by ‘Upper-Income’ Shoppers
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.
He’s Not Just Looking to Make a Quick Billion
Marc Lore, the entrepreneur behind Diapers.com and Jet.com, would like to disrupt food delivery. But he really wants to build a brand that actually lasts.
Retailers Wary of Squeeze on Shoppers Ahead of Key Holiday Season
Consumers have bucked expectations despite high inflation and interest rates, but retailers worry whether they can keep it up through the end of the year.
‘OK, Mexico, Save Me’: After China, This Is Where Globalization May Lead
As American companies seek to limit their exposure to the pitfalls of making goods in China, some are moving production to Mexico.