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Recent Articles

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Walmart CEO warns it will close stores, raise prices if theft --which is 'higher than what it has historically been'-- does not slow down; news comes after Target reported missing inventory reduced its year-over-year gross margin by over US$400M in 2022

Walmart CEO says inflation for discretionary items including toys, clothing, sporting goods is easing up, which could help company reduce excess inventory; Bureau of Labor Statistics data shows these categories are only seeing a 3% to 4% price increase

Bank of America CEO expects US economy to contract by 'just 1%' in Q1 2023 before returning to positive growth, says latest jobs report supports prediction of 'mild' recession

Executive Perspective: Nutrien CEO Ken Seltz warns of upcoming global shortages of fertilizer, with supplies from Russia and Belarus--two 'enormous producers of fertilizer'--becoming more limited

Ulta Beauty CEO says company is 'uniquely positioned' to capture consumer shifts within beauty category price points; Ulta's expansions and Target partnership showing positive trends, with members returning to Ulta after becoming active at the Target shop

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