Consumer

Consumer

Macy’s Gets Some ‘Spring’ in its Step from CEO’s Turnaround Plan

Photo via Richard B. Levine/Newscom

The retailer notched its strongest first quarter for same-store sales in four years and its fourth straight quarter of gains.

2 min read

Photo via Oura Ring

Technology

Oura Unveils New, Thinner Smart Ring to Rule Them All

Oura said this month, it said it should have more than 5 million paid members this quarter, with plans to IPO later this year.

1 min read
Photo via Ioannis Alexopoulos/ZUMAPRESS/Newscom

Consumer

Costco Profit Tops Wall Street Expectations as Deals Lure Inflation-Weary Consumers

The retailer has now seen year-over-year visit growth for six consecutive months through April, according to data analytics firm Placer.ai.

2 min read
Photo illustration by Connor Lin / The Daily Upside

Inflation & Prices

‘Bucket List’ Vacations Give Way to Budget-Friendlier Trips amid Sky-High Fuel Prices

Surging prices are prompting budget-conscious travelers to second-guess vacation plans while airlines dangle new perks for luxury customers.

4 min read

Consumer

Walmart Rattles Investors with Slowing Sales-Growth Forecast

Photo via Qiu Chen / Xinhua News Agency/Newscom

Walmart earnings are the retail market equivalent of encyclicals from Rome. The company’s latest guidance warns of slowing growth.

2 min read

Consumer

Forget Eggs. Tomato Prices Swell as Inflation Hits Three-Year High

Photo by Tamara Malaniy via Unsplash

Prices for the fruits soared nearly 40% in April from a year ago, according to the latest figures from the Bureau of Labor Statistics.

2 min read

Consumer

GameStop Raises Its Paddle to Buy eBay

Photo via Aaron Schwartz/Sipa USA/Newscom

CEO Ryan Cohen thinks GameStop’s stores could be used as physical sites to collect and authenticate eBay items.

1 min read

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