Retail

U.S. consumer spending slowed more than expected last month amid a resurgence in COVID-19 cases.

Home-improvement chains had a blockbuster 2020 as revenue and profit surged from stuck-at-home Americans splurging on paint, tools, and gardening equipment to upgrade their living spaces through DIY projects.

Large and small retailers bracing for tight back-to-school and holiday season as product shortages loom.

Spending at U.S. retailers likely fell in July, amid cooling auto purchases and signs of some pullback in consumer demand as Covid-19 cases tied to the Delta variant rose, economists say.

Walmart is looking to get in on the action with cryptocurrencies as the United States' largest private employer has initiated a search on Monday for a digital currency and cryptocurrency product lead.

The credit card program, which Walgreens says is just the beginning of the “expansion of our financial services offerings,” aims to reward consumers for making healthy choices by offering savings on future health and wellness purchases.

The reversal comes after the Centers for Disease Control and Prevention (CDC) changed course Tuesday on its guidance citing new information about the delta variant’s ability to spread among vaccinated people.

Some Florida officials are worried about their families' safety.

Walmart, Tesla, and the Federal Reserve will set the tone for investors in the coming week as the S&P and Dow Jones sit at record highs.

Amazon is increasing its purchases of supplies and services by 20% this year from over 200,000 U.S. companies.

Adidas is selling its Reebok business to Authentic Brands Groups (ABG) for up to 2.1 billion euros ($2.5 billion) as the German sporting goods company seeks to focus on its core brand after a deal that failed to live up to expectations.

The National Retail Federation (NRF), the nation’s largest retail trade group, estimated in July that back-to-school and back-to-college spending will reach a record-breaking $108 billion as an increasing number of students and families prepare for in-person instruction this fall.

EBay Inc.