Amazon has revealed a program to raise the pay of front-line employees and provide them with free Prime membership. In a blog post, Udit Madan, vice president, Amazon Worldwide Operations, pointed out that as early as 2018, Amazon increased its starting wage to...
Ross Stores announced merchandising leadership changes at its Ross Dress for Less and dd’s Discounts divisions the company said are intended to strengthen the execution of its off-price strategies and drive profitable market-share gains. Effective December 1,...
Consumers aren’t ready to dive in to discretionary spending at this point, although a state of equilibrium seems to be merging across the consumer packaged goods and general merchandise sectors, according to market researcher and advisor Circana. Total retail sales in...
Costco Wholesale Corp. reported net and comparable sales gains highlighted by strong e-commerce results for its fiscal July period. Non Foods sales also showed strength at Costco during the four-week period ended August 4, the company reported. Net sales were $19.26...
Retail sales advanced during a July that saw lots of early back-to-school spending and major promotions from Amazon, Walmart, Target and other retailers. According to the CNBC/NRF Retail Monitor, shoppers purchasing for return to classes, to take advantage of...