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Shoppers Likely Spent More Last Month as Inflation Eased
Economists expect June retail sales growth to be the strongest since January. Source link
For Clues About Carvana's Future, Look to Its Past
Struggling used-car dealer’s shares are hot, but business sags and investors worry about the family’s plans. Source link
H&M Now Wants to Sell You Makeup, Sofas and Crocs
The retailer is moving further beyond its clothing label, doubling down on beauty products, housewares and selling other brands to draw in more shoppers. Source
How Allbirds Lost Its Way
Quality complaints—and intractable holes—have dogged the hot shoe company, which rolled out an assortment of new products but found environmental sustainability a tough sell. Source
SEC's Crypto Strategy Stumbles in Ripple Case
A federal judge has ruled that some sales of the XRP token aren’t covered by a 77-year-old Supreme Court test that created a definition for
Conagra Sales Rise, Profit Falls as Inflation Eases
The food manufacturer said shoppers continued to stomach rising food prices, boosting its margins and sales. Source link
Republican Attorneys General Warn Top U.S. Businesses Over 'Discrimination'
Citing the affirmative action ruling, top state law officials put Fortune 100 companies on notice for racial quotas, preferences Source link
Amazon Has a Lot of Pumps to Prime
Prime Day could give its retail side a needed boost, but AWS needs a lift as well. Source link
Retailers Set Higher Bars for Free Shipping as Delivery Costs Surge
Macy’s, Neiman Marcus and Abercrombie are among merchants raising thresholds for what shoppers must spend to get free delivery. Source link