Retail business

Costco's Inflation Signals Keep Us From Overreacting to Rising Producer Prices

Costco’s Inflation Signals Keep Us From Overreacting to Rising Producer Prices

Wholesale prices in November may have been slightly warmer than expected, but next week’s look at consumer prices is one that could solidify the Federal Reserve’s next interest rate decision. Ultimately, we think November’s consumer price index (CPI) carries more weight with the market and the Fed than Friday’s wholesale numbers, known officially as the …

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Costco reports a mixed quarter, but we see positive catalysts on the horizon

Costco reports a mixed quarter, but we see positive catalysts on the horizon

Costco Wholesale (COST) reported mixed first-quarter fiscal results after the closing bell on Thursday amid weaker consumer demand. But the Club continues to see the fundamentals of the business as strong and is encouraged by the planned rise in membership fees and the bulk retailer’s special dividend. Total revenue, which includes dues revenue, rose 8% …

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GameStop reports lower revenue and sharp drop in cash

GameStop reports lower revenue and sharp drop in cash

A screen displays GameStop’s logo and business information on the floor of the New York Stock Exchange (NYSE) on March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday that its sales in the third fiscal quarter fell and its cash flow fell sharply, as the bricks-and-mortar retailer worked to expand its digital presence. During …

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Shopper participation hit record high over Black Friday weekend, retail group says

Shopper participation hit record high over Black Friday weekend, retail group says

A customer searches for shoes at a Macy’s store during the Black Friday sale on November 25, 2022 in Jersey City, New Jersey. Kena Betancur | Getty Images A record number of holiday shoppers – 196.7 million – have returned to stores in droves and searched for deals from Thanksgiving Day to Cyber ​​Monday, according …

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A 20-year-old is trying to disrupt India's $500 billion FMCG market

A 20-year-old is trying to disrupt India’s $500 billion FMCG market

Opinions expressed by Entrepreneur the contributors are theirs. You are reading Entrepreneur India, an international franchise of Entrepreneur Media. In a country that still hasn’t shaken off the conservative mentality of having a government job, Soptle is the name of a revolutionary breakthrough made by a nineteen-year-old boy, Pravas Chandragiri. Probably because the business in …

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Inflation is forcing restaurants and mom and pop chains like McDonald's to build on their strengths

Inflation is forcing restaurants and mom and pop chains like McDonald’s to build on their strengths

Customers at a McDonald’s restaurant Scott Mill | CNBC As the restaurant industry battles inflation, the chains’ large size and access to cash give them the upper hand, but independents have their own advantages when dealing with higher costs. Feeling the pressure on their budgets, consumers have reduced their frequentation of restaurants in recent months. …

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