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Walmart wins over broader swath of consumers, but global uncertainty clouds outlook for retailers
6+ day, 7+ hour ago (646+ words) NEW YORK " Walmart delivered another quarter of impressive sales as speedy deliveries and low prices served as a magnet for shoppers across the income spectrum. Yet like other major retailers posting financial results this week, it was cautious about the…...
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Home Depot says core shopper is resilient in the face of higher gas prices, sales rise 5%
1+ week, 1+ day ago (494+ words) Home Depot said Tuesday its core homeowner shopper remains resilient in the face of higher gas prices and plummeting consumer confidence, leading the retailer to reaffirm its full-year guidance after beating fiscal first-quarter expectations." "The homeowner in a relevant sense…...
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