Financial News

Though overall earnings were down company-wide, Walgreens Boots Alliance's U.S. operations managed sales growth as it expands its omnichannel offerings.

Albertsons’ Acme Markets division has won the bid for 27 Kings Food Market and Balducci’s Food Lover’s Market locations.

According to eMarketer’s third-quarter forecast, online sales will reach $794.50 billion this year, up 32.4% year-over-year and accounting for 14.4% of all retail spending.

Costco’s net sales for the month of September rose 16.9% to $16.84 billion, and comparable sales rose 15.5%.

Consumer spending has recovered from the coronavirus pandemic more quickly than expected, but the outlook for holiday sales is still marked by uncertainty, according to the National Retail Federation.

Bed Bath & Beyond reported its first same-store sales gain in years fueled by surging e-commerce sales.

According to a survey from RetailMeNot, 66% of respondents said they plan to spend the same amount of money or more during the holiday season in order to create a sense of normalcy and keep traditions alive.

Costco Wholesale ended its fiscal year on a strong note as consumers continued to shop its stores to stock up on items amid the pandemic.