economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Amazon, Walmart Face Retail Industry Slump and Stalled Grocery

Amazon, Walmart Face Retail Industry Slump and Stalled Grocery
Amazon, Walmart Face Retail Industry Slump and Stalled Grocery
January 20, 2023  |  Retail

A week of soft holiday season sales data combined with fresh cautious commentary from competitors could spark a strategic shift among the top-two retailers this...

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Wayfair to Cut 10% of Global Workforce
Wayfair to Cut 10% of Global Workforce
January 20, 2023  |  Retail

Wayfair is cutting 10% of its global workforce, including 18% of its corporate employees. Get the Full Story Complete the form to unlock this article and...

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UK SMB Loan and Mortgage Defaults on the Rise
UK SMB Loan and Mortgage Defaults on the Rise
January 20, 2023  |  Economy

The Bank of England (BoE) has reported an increase in small businesses defaulting on loans. Get the Full Story Complete the form to unlock this...

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Nordstrom Rack Undercuts Luxury Retailer’s Holiday Sales
Nordstrom Rack Undercuts Luxury Retailer’s Holiday Sales
January 20, 2023  |  Retail

Consumers pulled back on their spending during the holiday shopping season, according to Nordstrom. Get the Full Story Complete the form to unlock this article...

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Groceries Keep Deliveroo Customers Coming Back as Restaurant Takeout Slips   
Groceries Keep Deliveroo Customers Coming Back as Restaurant Takeout Slips   
January 19, 2023  |  Delivery

Rising prices have negatively impacted Deliveroo shoppers’ loyalty, but expanded grocery options are driving frequency. Get the Full Story Complete the form to unlock this article and...

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Report: CoinDesk Considers Putting Itself Up for Sale
Report: CoinDesk Considers Putting Itself Up for Sale
January 19, 2023  |  Cryptocurrency

Cryptocurrency-centric news outlet CoinDesk is reportedly seeking a buyer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Procter & Gamble Sees No Shift in Consumers’ Private Label Trade-Down
Procter & Gamble Sees No Shift in Consumers’ Private Label Trade-Down
January 19, 2023  |  Retail

Consumer packaged goods giant Procter & Gamble said it has no plans to change strategy as it continues to work through a difficult cost and...

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CEO Says Uber Has No Plans for Widespread Job Cuts
CEO Says Uber Has No Plans for Widespread Job Cuts
January 19, 2023  |  Economy

Uber’s CEO says the rideshare/delivery giant has no plans for company-wide layoffs. Get the Full Story Complete the form to unlock this article and enjoy...

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