Retail industry Archives - Page 6 of 6

Even as inflation bites, consumers are still turning to Amazon

A spate of fresh data this week showed consumers are feeling the sting from high inflation. While that likely means more pain for retail stocks, new Wall Street research suggests club holding Amazon (AMZN) is consumers' most preferred…

In the college sports pay era, female athletes are emerging as big winners

INDIANAPOLIS, IN - MARCH 6: Iowa guard Caitlin Clark (22) raises her arms in an effort to get the crowd cheering during the Women's Big Ten Tournament Championship college basketball game between the Indiana Hoosiers and the Iowa Hawkeyes…

Peloton will put bikes in every Hilton-branded hotel in the U.S.

Jen Van Santvoord rides her Peloton exercise bike at her home on April 07, 2020 in San Anselmo, California.Ezra Shaw | Getty ImagesPeloton will put bikes in all 5,400 Hilton-branded hotels in the United States as part of a partnership…

Consumer spending was flat in September and below expectations as inflation takes toll

Azeem Oct 14, 2022

Customers shop at the GU Co. store in the SoHo neighborhood of New York, US, on Friday, Oct. 7, 2022.Gabby Jones | Bloomberg | Getty ImagesConsumer spending was flat in September as prices moved sharply higher and the Federal Reserve…

Retail sales growth sluggish in August as consumers fight to keep up with inflation

Azeem Oct 5, 2022

Retail sales numbers were better than expected in August as price increases across a multitude of sectors offset a considerable drop in gas station receipts, the Census Bureau reported Thursday.Advance retail sales for the month increased…