Latest News Updates From Anne D'Innocenzio

Government, Business

Retail Sales Fall 0.8% in January After Busy Holiday Season

NEW YORK — Americans pulled back their spending more than expected in January after the traditional holiday season splurge, Commerce Department data showed Feb. 15.

February 15, 2024
Business, Private

Walmart Boosts Managers’ Base Pay, Redesigns Bonus System

NEW YORK — Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.

January 18, 2024
Business, Private

Walmart Attracts Savings-Minded Shoppers, Posts Strong Q3

Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.

November 16, 2023
Government, Business

Retail Sales Slip 0.4% in February After January’s Burst

America’s consumers trimmed their spending in February after a buying burst in January, as retail sales slipped 0.4% with declines across multiple industries.

March 15, 2023
Government, Business

Retail Sales Fall 1.1% in December as Inflation Takes a Toll

NEW YORK — Americans cut back on spending in December, the second consecutive month they’ve done so.

January 18, 2023