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Americans Keep Spending, but Growth of Retail Sales Slows - The New York Times

Americans Keep Spending, but Growth of Retail Sales Slows

By: Michael Corkery and Sapna Maheshwari
Source: The New York Times
Date of Publication: September 16th, 2020
Retail sales climbed 0.6 percent in August, but the increase was smaller than in previous months, prompting concerns of a recovery that is running out of steam.
Hershey Maps Trick-or-Treating Risks in Hopes Coronavirus Won’t Scare Off Halloween Sales - WSJ

Hershey Maps Trick-or-Treating Risks in Hopes Coronavirus Won’t Scare Off Halloween Sales

By: Annie Gasparro
Source: The Wall Street Journal
Date of Publication: September 14th, 2020
Candy maker is offering social-distancing tips and sending treats out early for its biggest holiday.
Coffee, donuts and Spic and Span: P&G finds new ways to plug products amid pandemic

Coffee, donuts and Spic and Span: P&G finds new ways to plug products amid pandemic

By: Richa Naidu, Hilary Russ
Source: Reuters
Date of Publication: September 2nd, 2020
Germ-conscious in the pandemic era but still craving a donut and coffee? Procter & Gamble, which has already teamed up with Dunkin’ Brands to promote the use of its cleaning products in restaurants, is looking for more partners — and it’s hoping for a payoff in the grocery store aisle.
Macy's posts smaller-than-expected loss, shares rise

Macy's posts smaller-than-expected loss, shares rise

Source: Reuters
Date of Publication: September 2nd, 2020
Macy’s Inc (M.N) reported a smaller-than-expected quarterly loss and beat sales estimates on Wednesday, as shoppers stuck indoors due to the COVID-19 pandemic bought more apparel using the department store chain’s app and website.
Lego sales surge as housebound families turn to play

Lego sales surge as housebound families turn to play

By: Jacob Gronholt-Pedersen
Source: Reuters
Date of Publication: September 2nd, 2020
Sales of Lego jumped 14% in the first six months of the year as families under coronavirus lockdowns spent more time playing together at home, the Danish toy maker said on Wednesday.
Rolls-Royce says demand for luxury cars is recovering

Rolls-Royce says demand for luxury cars is recovering

Source: Reuters
Date of Publication: September 1st, 2020
The chief executive of Rolls-Royce said demand for his company’s luxury cars is rebounding, helped by sales in Asia, and he is optimistic about the outlook for next year after the coronavirus pandemic hit consumer confidence and closed dealerships.
Coffee, ketchup and Nike Air Max: it's the COVID consumer economy

Coffee, ketchup and Nike Air Max: it's the COVID consumer economy

By: Nick Carey, Richa Naidu, Siddharth Cavale
Source: Reuters
Date of Publication: September 1st, 2020
Instant coffee, ketchup, Lululemon yoga pants and Nike Air Max sneakers are all in. Bottled water, pricey diapers and Burberry luxury trench coats are out.
Best Buy warns of slowing sales after work-from-home boom

Best Buy warns of slowing sales after work-from-home boom

Source: Reuters
Date of Publication: August 25th, 2020
Best Buy Co Inc (BBY.N) warned on Tuesday of a slowdown in sales growth in the third quarter as it faced risks from unemployment, lower government stimulus and lockdown-hit global supply chains, sending the shares of the U.S. consumer electronics retailer down 4%.
J.M. Smucker raises profit forecast on upbeat demand

J.M. Smucker raises profit forecast on upbeat demand

Source: Reuters
Date of Publication: August 25th, 2020
J.M. Smucker Co on Tuesday raised its forecast for fiscal 2021 adjusted profit, after the Jif peanut butter maker topped estimates for first-quarter sales on strong demand for its coffee, frozen sandwiches and fruit spreads.
Target Sales Jump as Pandemic Speeds E-Commerce Shift - WSJ

Target Sales Jump as Pandemic Speeds E-Commerce Shift

By: Sarah Nassauer and Suzanne Kapner
Source: The Wall Street Journal
Date of Publication: August 19th, 2020
Retailer says comparable sales rose 24% in the latest quarter, powered by a 195% surge in digital sales.