Retail Sales Fall 0.8% in January After Busy Holiday Season
NEW YORK — Americans pulled back their spending more than expected in January after the traditional holiday season splurge, Commerce Department data showed Feb. 15.
Walmart Boosts Managers’ Base Pay, Redesigns Bonus System
NEW YORK — Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Walmart Attracts Savings-Minded Shoppers, Posts Strong Q3
Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.
Retail Sales Slip 0.4% in February After January’s Burst
America’s consumers trimmed their spending in February after a buying burst in January, as retail sales slipped 0.4% with declines across multiple industries.
Retail Sales Fall 1.1% in December as Inflation Takes a Toll
NEW YORK — Americans cut back on spending in December, the second consecutive month they’ve done so.