US: latest news, insights and analysis | Checkout Magazine

Walgreens Boots Alliance CEO Brewer Steps Down After Less Than Three Years In Role

Walgreens Boots Alliance CEO Rosalind Brewer has stepped down, the US pharmacy chain operator recently said, less than three years after the former Starbuc...

Weekly Round-Up ... 29 August 2023

Prices for tomatoes have rocketed, at one point close to five times since June, while those for onions, another staple in Indian cooking, have risen 80% in...

Gloomy US Retail Outlook Dulls Hopes Of Strong Holiday Season Spending

Latest results and forecasts from retailers ranging from Macy's to Foot Locker are showing fresh signs of US consumer spending remaining under stress headi...

Walmart Promotes CEO Of Sam's Club To Head International Division

Walmart Inc on Wednesday promoted Kathryn McLay, CEO of its Sam's Club unit, to head its $100 billion international business at a time when high inflation...

US Retail Sales Rise Slightly In June; Core Retail Sales Solid

US retail sales rose less than expected in June, though consumer spending appeared to be solid, which likely kept the economy afloat in the secon...

Yields Drop As US Consumer Price Inflation Slows

Treasury yields dropped on Wednesday after data showed consumer price increases came in below economists' forecasts in June, raising expectations that the...

Boots Owner Walgreens Cuts Profit View As COVID Product Sales Dive

Walgreens Boots Alliance slashed its profit forecast for the year as persistently high inflation hits sales of consumer healthcare goods and demand for COV...

Why Walmart's New Bet On Fashion Brands, Home Decor Threatens Specialty Chains

Price-conscious shoppers flock to Walmart Supercenters to pick up $1 potato chips and $3 gallons of milk, but the world's biggest retailer will now try to...