Latest News Updates From Anne D’Innocenzio

Walmart’s U.S. e-commerce business, which has become an engine of growth for the retailer, rose 24%, trailing the first-quarter pace of 26%.

Target is emerging from more than a year of weak comparable sales. A 5.6% jump in the first quarter offset a 3.8% decline in 2025.

Retail sales slipped 0.6% last month, the biggest drop since May 2025, from a revised gain of 0.2% in June, according to Commerce Department data released Aug. 14.

Business at clothing and accessories stores slipped 0.3%, while online sales rose 1.9%, fueled by spending surrounding Amazon's Prime Day event June 23-26.

Sales got a boost from generous government tax refunds in both April and May, though economists say that cash cushion is starting to fade.

Walmart was cautious about the rest of the year given the current economic uncertainty. 

New CEO Michael Fiddelke said he remained guardedly optimistic given where the company is in its operational overhaul.

Amazon Now, first launched in India last June, is now available in urban areas of Brazil, Mexico, Japan, the United Arab Emirates, the U.K. and the U.S.

Amazon’s fuel and logistics-related surcharge will apply to U.S. and Canadian sellers using its Fulfillment by Amazon option, effective April 17.

Retail sales rose a better-than-expected 0.6% in February. There is a concern that Americans squeezed by years of elevated inflation will cut spending further.