U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big-ticket items, particularly cars, before President Donald Trump’s expansive new tariffs kicked in.
April 17, 2025retail News Updates
Retail Sales Increase 1.4% in March Ahead of Tariffs
Dollar Tree Sells Family Dollar for $1 Billion
Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion after a decade of trying to make its acquisition of the bargain chain fit.
March 26, 2025Walgreens Going Private in $10 Billion Sycamore Deal
The offer, a roughly 8% premium to Walgreens’ closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.
March 6, 2025Costco’s Profit Miss Reflects Broader Retail Concerns
Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations. Retailers have taken a more cautious outlook in recent weeks.
March 6, 2025Costco Raises Pay for Top Hourly Workers to Over $30 an Hour
The company will raise hourly pay for employees at the top of its pay scale over the next three years, CEO Ron Vachris wrote in a memo to staff this week that was viewed by Bloomberg News.
January 31, 2025Walgreens Shares Soar 28% After Sales Beat Forecasts
Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and prescription volumes at the company’s U.S. retail pharmacy division.
January 10, 2025Value-Seekers Drove 2024's Retail Trends and Dead Ends
Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices.
December 30, 2024Walmart Stock Soars 82% in 2024, Leading Retail Industry
Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.
December 18, 202460 Seconds: Trucking Industry Accelerates Hurricane Helene Relief Efforts
As Hurricane Helene’s floodwaters recede, truckers are ensuring supplies reach those in need.
October 8, 2024Port Strike Sparks High Demand for Toilet Paper at Retailers
During visits to Costco stores in northern New Jersey, Oppenheimer analyst Rupesh Parikh said his team “observed behaviors similar to the start of the pandemic.”
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