US Retail Sector

US retail sales increase more than expected in Nov on strong demand

Signs of strong domestic demand added to warmer inflation readings in recent months in suggesting that the Fed could pause rate cuts in January

Updated On: 17 Dec 2024 | 11:38 PM IST

World stocks regain stability as US retail sales report reassures

Retail sales increased 1.0 per cent last month, well above market forecasts for a 0.3 per cent gain, the Commerce Department's Census Bureau said

Updated On: 15 Aug 2024 | 10:49 PM IST

Retail sales up 1% in July after 0.2% drop in June, says US commerce dept

Retail sales increased 1.0 per cent last month after a downwardly revised 0.2 per cent drop in June, the Commerce Department's Census Bureau said on Thursday

Updated On: 15 Aug 2024 | 7:39 PM IST

TCS announces multi-year tech support deal with British retail firm Asda

Indian firm will build a new digital core to streamline Asda's supply chain forecasting, merchandising processes

Updated On: 04 Oct 2023 | 1:00 PM IST

US retail sales post second straight monthly drop, factory output falls

Ebbing demand for goods is undercutting production at factories, with other data on Friday showing manufacturing production declining last month

Updated On: 14 Apr 2023 | 11:01 PM IST

Wall Street falls as growth stocks slide, Target weighs on retail shares

US retail sales flat in July; core sales rise; retailer Target's quarterly profit slumps

Updated On: 17 Aug 2022 | 10:28 PM IST

Top Headlines: Macy expenditure cut to hurt Indian IT cos, 5G auction Day 4

Macy's has informed its tech vendors of a 10-15 per cent cut in the IT budget for this year amid fears of a recession, a move that may hurt IT companies. Read more on this in our top headlines

Updated On: 29 Jul 2022 | 7:35 AM IST

Walmart forecasts profit above expectations as demand holds firm

Net revenue in Walmart's fourth-quarter showed a surprise 0.5% increase to $152.87 billion

Updated On: 17 Feb 2022 | 7:05 PM IST

US retail sales rebound sharply to increase 3.8% in January: Govt data

December retail sales revised to show steeper decline; core retail sales jump 4.8%

Updated On: 16 Feb 2022 | 8:55 PM IST

Amazon plans to open large physical retail stores in US: Report

The first stores are expected to be located in Ohio and California and will be about 30,000 square feet in size, which would be smaller than the typical department store

Updated On: 20 Aug 2021 | 12:01 AM IST

Brooks Brothers, clothier for 40 US presidents, files for bankruptcy

Brooks Brothers was one of the few national chains that produced its clothing in the US

Updated On: 08 Jul 2020 | 9:31 PM IST

US retailers reinvent loyalty programs to fend off challenge from Amazon

Loyalty programs have long relied on a simple concept - reward shoppers with coupons, discounts, prizes or air miles and they will come back

Updated On: 14 May 2019 | 11:36 AM IST

US retail giant Sears files for bankruptcy, to close nearly 150 stores

Sears had been drowning in debt exceeding $5 billion and reportedly could not afford a $134 million repayment that had been due on Monday

Updated On: 15 Oct 2018 | 9:22 PM IST

Investors are growing more worried about retail

American retailers have shed jobs on an annual basis for the first time since 2010

Updated On: 08 Aug 2017 | 10:33 PM IST