US

Costco Misses Quarterly Revenue Estimates As Discretionary Spending Slows

Costco Wholesale Corp missed second-quarter revenue estimates, as consumers turned frugal on discretionary spending amid persistently high inflation.

Kroger Sees Annual Profit Above Estimates

Kroger forecast annual profit above Wall Street estimates on Thursday, as the supermarket chain benefits from higher prices, easing cost pressures and stea...

Target Eyes Long-Term Growth By Investing In Enhanced Shopping Experience

US retailer Target Corp has announced plans to invest $4 billion to $5 billion in 2023 to focus on creating a 'differentiated guest shopping experience', w...

Target Fends Off Holiday Gloom With Discounts, Warns On 2023 Earnings

Target Corp posted a surprise rise in holiday-quarter sales on Tuesday, buoyed by an increase in store traffic from discount-hungry Americans, even as it j...

Dollar General's 2023 Profit Forecast Underwhelms After Storm-Hit Quarter

Dollar General Corp has forecast full-year profit well below expectations after cutting its earnings estimate for the all-important holiday quarter on heav...

Dollar Stores Double Their Share In Rural Areas Of US: Study

Dollar stores are now the fastest-growing food retailers in the United States, and have doubled their share in rural areas, according to researchers at Tuf...

All Major Premium Drinks Categories Saw Growth In US In 2022: IWSR

All major drinks categories – beer, wine, cider, spirits and ready-to-drink (RTDs) saw growth in the premium segment in the United States last y...

DoorDash Projects Strong Demand For Food And Grocery Orders

DoorDash plans to buy back $750 million (€705.3 million) worth of stock and projected a key profit measure above analyst estimates, following strong f...