Financial News

DSN spoke to Cosnova founder Christina Oster-Daum and Jill Krakowski, chief marketing officer, USA, about the company’s growth, plans for the year ahead and how social media has played a key role in the popularity of its brands.

Walmart's omnichannel model continues to resonate with customers helping to deliver strong growth, including comp sales of 4% for Walmart U.S.

Instacart revealed that it would lay off about 250 employees, or approximately 7% of the company, as it restructures, according to a letter to shareholders.

In the U.S., net sales decreased by 1.5% at constant rates and comparable sales declined by 1%.

Walmart is reportedly in talks to buy smart television manufacturer Vizio for more than $2 billion, according to a report.

Windsong Global has acquired JVN Hair and Pipette, with both brands joining its newly created Belle Brands holding company.

Fourth quarter revenue increased 11.9% from $83.8 billion in the prior year period, while revenue for the full year was up 10.9% compared to the prior year.

Three-in-four consumers still feel concerned about rising prices, even as inflation moderates, according to Deloitte’s 2024 U.S. Retail Industry Outlook.