NEW YORK — Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season. But figures released Jan. 14 show that after spending robustly early in the holiday season, consumers sharply slowed their purchases from November to December.
January 14, 2022Latest News Updates From Anne D’Innocenzio
December Retail Sales Slip After Record Holiday Season
Amazon Settles With NLRB to Give Workers Power to Organize
NEW YORK — Amazon, under pressure to improve worker rights, has reached a settlement with the National Labor Relations Board to allow its workers to freely organize — and without retaliation.
December 23, 2021Resilient Shoppers Push Retail Sales Up 0.7% in September
NEW YORK — Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods.
October 15, 2021Walmart to Launch Delivery Service for Other Businesses
NEW YORK — Walmart said Aug. 24 it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailers’ products directly to their customers’ homes in as little as a few hours.
August 24, 2021Amazon Delivers a Mixed Bag of Q2 Results
NEW YORK — Amazon on July 29 turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating them on profits.
July 29, 2021To Retain Workers, Walmart Moves More of Them Full Time
NEW YORK — Walmart is moving more of its workers full time, with the goal of having two-thirds of its U.S. store hourly jobs be full time with more consistent work schedules by early next year.
April 14, 2021Walmart Rolls Out Grocery Delivery Subscription
NEW YORK — Walmart is rolling out a grocery delivery subscription service this fall as it races to gain an advantage in the competitive fresh food business.
September 12, 2019Walmart Delivers in Second Quarter
NEW YORK — Walmart raised its annual outlook after a strong second quarter for the world’s largest retailer, thanks in part to strong online grocery deliveries.
August 15, 2019Bankruptcy Judge Gives Sears Another Chance
A bankruptcy judge on Feb. 7 approved a $5.2 billion plan by Sears’ chairman and biggest shareholder to keep the iconic business going.
February 8, 2019Walmart Expands Offerings in Bid to Stay in Retail Race With Amazon
NEW YORK — Walmart may be bruised by Amazon, but it’s learning how to fight back.
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