Retail - US Retail

Amazon's Whole Foods Lures New Shoppers From Wal-Mart, Sprouts

Amazon’s takeover of Whole Foods Markets has shaken the grocery business. Walmart Stores, Trader Joe’s and Sprouts Farmers Market may be hurtin...

Costco Sales Up 4% In Full Year Results, But Shares Slip

US retailer Costco Wholesale Corporation has reported that comparable sales increased 4.1% to $126.17 billion in its 53-week fiscal year, ending 3 Septembe...

High-Income Shoppers To Boost US Holiday Spending 6% This Year

High-income shoppers will fuel holiday spending in the US this year, even as less affluent consumers keep their purse strings tight. That’s the fi...

Walmart Steps Up Push To Remove Potentially Harmful Chemicals

Walmart is expanding its programme to clean up the products it sells, setting a 2022 target for reducing potentially harmful substances and widening the li...

US Holiday Sales Projected To Jump As Consumer Jitters Subside

US retail sales are expected to accelerate during this year’s holiday season, a sign consumers will be more comfortable opening their wallets than in...

Walgreens' Pact To Buy Fewer Rite Aid Stores Wins US Nod

In its fourth attempt, Walgreens Boots Alliance clinched regulatory approval for a deal to buy Rite Aid Corp. stores after a last-minute reduction of the n...

Dollar Tree Appoints Gary Philbin As New CEO

US discount retailer Dollar Tree has appointed Gary Philbin as its new president and chief executive, replacing long-time CEO Bob Sasser, effective 18 Sept...

Fear Of Whole Foods Disruption Seen As Real Estate Opportunity

Patient real estate investors stand to gain from the fears of disruption such as the one that rattled the grocery industry after Amazon’s takeover of...