5+ day, 10+ hour ago   (313+ words) Perfect Basket uses AI to tell retailers what to order and how much, and 83% of participants followed its suggestions across 39,000 Malaysian outlets. Every extra case ordered ties up cash until it sells. This is really a working-capital decision disguised as…...

2+ week, 2+ day ago   (593+ words) Dollar General said it continued to see trade-in from middle- and high-income shoppers while its low-income customers remain financially constrained. Dollar Tree’s consumables comparable sales rose 5.8% in the quarter, compared with 1.6% for discretionary merchandise. At Dollar General, higher prices lifted…...

2+ week, 4+ day ago   (366+ words) Kohl’s sales continue to slip as its shoppers continue to face household budgetary pressures. The department store chain reported quarterly earnings Wednesday (Aug. 26) showing a 0.9% decrease in both net and comparable sales, marking the 18th straight quarter in which Kohl’s has seen…...

3+ week, 7+ hour ago   (451+ words) Walmart is reportedly rolling out a new line of clothing to court younger consumers. The retailer’s Scenario brand is set to debut this week, with most items costing under $25 as Walmart seeks to appeal to its core of discount shoppers…...

3+ week, 3+ day ago   (470+ words) Off-price retailer Ross Stores saw “robust” sales growth in the quarter ended Aug. 1 as both existing customers and new ones sought prices lower than those of mainstream retailers, CEO Jim Conroy said during a Thursday (Aug. 20) earnings call. “We really…...