Nordstrom is aggressively expanding Rack, its discount retail concept. Nineteen Rack stores opened in 2023, and it has opened another 23 in 2024, bringing the total to 280 stores. Rack, however, has ...
Brigit, the leading holistic financial wellness app, released its 2024 Black Friday and Cyber Monday spending report today, revealing a year-over-year increase in paycheck-to-paycheck consumers’ ...
Analyst Justin Post shares views on internet and e-commerce stocks including Amazon, Applovin, Chewy, and RH. Cyber Monday generated $13.3B in sales, exceeding estimates.
Still, higher-income shoppers have increasingly turned to discount retailers like Walmart Inc. (WMT) and Costco Wholesale Corp. (COST), as they, too, seek a break from higher grocery prices and costs ...