Holiday season

No Big Boost Expected In Luxury Spending During Holiday Season: Bain

Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows to Europe key to spending there as local shoppers...

Amazon's Cloud Stabilising, Shoppers Cautious Heading Into Holiday Season

Amazon.com has said growth in its cloud business is stabilising as it signed new deals, but warned that consumers remained wary about spending going into t...

Target To Hire 100,000 Workers, Offer Huge Discounts For Holiday Season

Target plans to hire nearly 100,000 employees for the holiday season and offer deep discounts starting October, as the US retailer braces for the competiti...

One Third Of Belgian Shoppers Plan To Cut Back On Supermarket Purchases During Holidays, Study Finds

One in three shoppers in Belgium plan to cut back on their supermarket purchases during the holidays this year, according to a new study by Lidl and resear...

Walmart Expects Smaller Drop In Annual Profit, Announces $20bn Share Buyback

Walmart Inc has forecast a smaller fall in annual profit as demand for groceries holds up despite higher prices, while discounts on clothing and electronic...

Walmart, Target Results Will Tell How Gloomy Holidays Could Get For Retailers

Walmart and Target results this week are likely to show that major retailers are heading for a turbulent holiday season as rampant inflation has made every...

Hershey Raises Sales Outlook Ahead Of Holiday Season

Confectionery firm Hershey Co raised its full-year net sales and profit forecasts on Friday, signalling strong Halloween candy sales that it expects to con...