11 days ago
Christina Zhu, the head of Walmart's China business, remembers when Chinese shoppers did not have much choice.
As a child, she watched her parents wake up at 4:30 a.m. on Sundays to go to the wet market. "They had to haggle, and high-quality produce wasn't always guaranteed," Zhu, born in 1973, recalled at the Fortune Leaders Forum in Macau in September.
Today, Chinese shoppers are "probably the group with the most choices [in the world]," and they have become "the most demanding customers," she said.
Meeting those rising expectations has become the defining challenge for retailers in China, and Walmart has managed it better than most. It entered China in 1996 with a Supercenter and a Sam's Club in Shenzhen. Three decades later, the U.S. retailer is thriving in the world's second-largest economy even as other foreign brands struggle.
China represents 3% of Walmart's overall business, but it is growing, generating $24.6 billion in sales in its past fiscal year, a 19.3% jump. Sales grew 20.7% last quarter, faster than the 5.9% reported by the company as a whole.
#China
As a child, she watched her parents wake up at 4:30 a.m. on Sundays to go to the wet market. "They had to haggle, and high-quality produce wasn't always guaranteed," Zhu, born in 1973, recalled at the Fortune Leaders Forum in Macau in September.
Today, Chinese shoppers are "probably the group with the most choices [in the world]," and they have become "the most demanding customers," she said.
Meeting those rising expectations has become the defining challenge for retailers in China, and Walmart has managed it better than most. It entered China in 1996 with a Supercenter and a Sam's Club in Shenzhen. Three decades later, the U.S. retailer is thriving in the world's second-largest economy even as other foreign brands struggle.
China represents 3% of Walmart's overall business, but it is growing, generating $24.6 billion in sales in its past fiscal year, a 19.3% jump. Sales grew 20.7% last quarter, faster than the 5.9% reported by the company as a whole.
#China
27 days ago
For months, economists and retailers have warned about the financial strain facing lower- and middle-income consumers. Higher earners, on the other hand, have largely been sheltered from the effects of the rising costs of living.
But that may be changing.
A growing number of CEOs and industry insiders, from retailers as varied as Walmart and ThredUp, have said they're seeing shifts in the behavior of consumers earning $100,000 a year or more.
Dollar General's CEO Todd Vasos is the latest to join that growing chorus.
Speaking at the Goldman Sachs Global Consumer and Retail conference, Vasos said it's no longer the chain's core consumer base (low- and middle-earners) who are feeling the financial strain.
#Consumer #strain #higher
But that may be changing.
A growing number of CEOs and industry insiders, from retailers as varied as Walmart and ThredUp, have said they're seeing shifts in the behavior of consumers earning $100,000 a year or more.
Dollar General's CEO Todd Vasos is the latest to join that growing chorus.
Speaking at the Goldman Sachs Global Consumer and Retail conference, Vasos said it's no longer the chain's core consumer base (low- and middle-earners) who are feeling the financial strain.
#Consumer #strain #higher
27 days ago
With a market cap. of $13.4 billion, McCormick & Company, Incorporated (MKC) is a global leader in flavor, manufacturing and distributing herbs, spices, seasonings, condiments, and flavors across 150 countries and territories. Its portfolio includes well-known brands such as McCormick, French's, Frank's RedHot, OLD BAY, Cholula, and Gourmet Garden, serving retailers, food manufacturers, and foodservice businesses.
Companies worth between $10 billion and $200 billion are generally classified as "large-cap stocks," and McCormick comfortably fits this category. Headquartered in Hunt Valley, Maryland, McCormick operates through its Consumer and Flavor Solutions segments, leveraging its global scale, expertise, and technology to support sustainable growth.
Elon Musk, Who Became the World's First Trillionaire, Still Sleeps in a Tiny $50,000 House Where His Mom Uses the Garage — 'It's Kinda Awesome Though'
How to Play AMZN Stock as Amazon Unveils Project Mercury
JPMorgan Gives Up Forecasting Iran War Endgame as Trump Tells Reporters 'Anything Could Happen With Me'
#mccormick #gourmet
Companies worth between $10 billion and $200 billion are generally classified as "large-cap stocks," and McCormick comfortably fits this category. Headquartered in Hunt Valley, Maryland, McCormick operates through its Consumer and Flavor Solutions segments, leveraging its global scale, expertise, and technology to support sustainable growth.
Elon Musk, Who Became the World's First Trillionaire, Still Sleeps in a Tiny $50,000 House Where His Mom Uses the Garage — 'It's Kinda Awesome Though'
How to Play AMZN Stock as Amazon Unveils Project Mercury
JPMorgan Gives Up Forecasting Iran War Endgame as Trump Tells Reporters 'Anything Could Happen With Me'
#mccormick #gourmet
28 days ago
Credit card companies are racing to claim a place at the checkout when AI agents start shopping on behalf of consumers—even as shoppers remain skeptical of letting bots spend their money.
Mastercard rolled out a payment option Thursday that lets people give an AI agent a virtual card and allow it to buy things online without checking in before each purchase. Cardholders can limit how much it spends, restrict which retailers it buys from, or require approval before checkout.
"This is a land grab for infrastructure standards," Phil Bruno, chief strategy and growth officer at payments company ACI Worldwide, told Fortune. "If they set the standards for agentic commerce, they can keep the commerce in their environments for decades to come."
Rival Visa partnered with Alchemy earlier this year and has also announced its own AI shopping and payment product, Visa Intelligent Commerce, which the company says is still being deployed. Similarly, Meta has Muse, which can search for products and navigate checkout, but presents the purchase for the user's final approval.
It seems, though, that shoppers appear far more interested in using AI to find a deal than letting it pay. Just 7% of U.S. and U.K. consumers surveyed who buy fashion items said they would allow an AI ***** istant to make purchases without approval under predefined conditions, according to research commissioned by ACI Worldwide. More than half said they were uncomfortable allowing AI to purchase on their behalf.
#purchase #consumers
Mastercard rolled out a payment option Thursday that lets people give an AI agent a virtual card and allow it to buy things online without checking in before each purchase. Cardholders can limit how much it spends, restrict which retailers it buys from, or require approval before checkout.
"This is a land grab for infrastructure standards," Phil Bruno, chief strategy and growth officer at payments company ACI Worldwide, told Fortune. "If they set the standards for agentic commerce, they can keep the commerce in their environments for decades to come."
Rival Visa partnered with Alchemy earlier this year and has also announced its own AI shopping and payment product, Visa Intelligent Commerce, which the company says is still being deployed. Similarly, Meta has Muse, which can search for products and navigate checkout, but presents the purchase for the user's final approval.
It seems, though, that shoppers appear far more interested in using AI to find a deal than letting it pay. Just 7% of U.S. and U.K. consumers surveyed who buy fashion items said they would allow an AI ***** istant to make purchases without approval under predefined conditions, according to research commissioned by ACI Worldwide. More than half said they were uncomfortable allowing AI to purchase on their behalf.
#purchase #consumers
28 days ago
Costco is expanding its same-day delivery network as it looks to grow e-commerce sales and compete with retailers like Walmart and Target.
The retailer this week launched collaborations with DoorDash (NASDAQ: DASH) and Uber (NYSE: UBER) to pick up online orders at U.S. stores and drive them to the customer's door. The arrangements give Costco more channels to reach customers through ultra-fast delivery, made possible by gig drivers who use the platforms to select ******* ignments.
DoorDash, best known for delivering restaurant food, announced that Costco (NASDAQ: COST) members can now order groceries, dry goods, household essentials and other products from its marketplace and then arrange fast delivery from their local store, all through the DoorDash app. The U.S. launch extends the existing relationship between the companies in Australia, New Zealand, Sweden, Iceland and Puerto Rico.
DoorDash now serves eight of the 10 largest food retailers in North America.
On Wednesday, Uber announced a major expansion of its partnership with Costco to deliver products in 47 states, up from 17 states. Nearly 600 Costco locations are now available on the Uber Eats app, where shoppers can arrange on-demand and scheduled delivery.
#Food #announced
The retailer this week launched collaborations with DoorDash (NASDAQ: DASH) and Uber (NYSE: UBER) to pick up online orders at U.S. stores and drive them to the customer's door. The arrangements give Costco more channels to reach customers through ultra-fast delivery, made possible by gig drivers who use the platforms to select ******* ignments.
DoorDash, best known for delivering restaurant food, announced that Costco (NASDAQ: COST) members can now order groceries, dry goods, household essentials and other products from its marketplace and then arrange fast delivery from their local store, all through the DoorDash app. The U.S. launch extends the existing relationship between the companies in Australia, New Zealand, Sweden, Iceland and Puerto Rico.
DoorDash now serves eight of the 10 largest food retailers in North America.
On Wednesday, Uber announced a major expansion of its partnership with Costco to deliver products in 47 states, up from 17 states. Nearly 600 Costco locations are now available on the Uber Eats app, where shoppers can arrange on-demand and scheduled delivery.
#Food #announced
28 days ago
BuyWander says it plan to use the fresh capital to drive its expansion throughout the US, support technological upgrades, and bolster its executive team.
The investment was headed by Madrona Venture Group and Inspired Capital. Past supporters of the company include Triple Impact Capital, Silence Ventures, Animal Capital, as well as several angel investors.
The business currently has eight locations and has lately entered the Denver and Chicago markets, with a new warehouse site scheduled to open soon in Minneapolis.
BuyWander co-founder and CEO Jordan Allen said: "Retailers are sitting on billions of dollars in returned and overstocked inventory every year, and buyers are hungry for a better way to access it. We've seen that appetite play out in every market we've entered. This funding lets us bring that experience to more cities, faster, and put BuyWander in front of the next wave of buyers who are done with the old returns model."
Founded in 2023 by Jordan Allen and Brock Kowalchuk, BuyWander is an auction-based marketplace that links buyers with returned and surplus goods from retailers such as Amazon, Target and Walmart.
#capital #buyers #allen
The investment was headed by Madrona Venture Group and Inspired Capital. Past supporters of the company include Triple Impact Capital, Silence Ventures, Animal Capital, as well as several angel investors.
The business currently has eight locations and has lately entered the Denver and Chicago markets, with a new warehouse site scheduled to open soon in Minneapolis.
BuyWander co-founder and CEO Jordan Allen said: "Retailers are sitting on billions of dollars in returned and overstocked inventory every year, and buyers are hungry for a better way to access it. We've seen that appetite play out in every market we've entered. This funding lets us bring that experience to more cities, faster, and put BuyWander in front of the next wave of buyers who are done with the old returns model."
Founded in 2023 by Jordan Allen and Brock Kowalchuk, BuyWander is an auction-based marketplace that links buyers with returned and surplus goods from retailers such as Amazon, Target and Walmart.
#capital #buyers #allen
28 days ago
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter.
TJX Companies is confident in navigating weather-related events such as El Niño due to its warehouse distribution model, CEO Ernie Herrman said in a Q2 earnings call on Aug. 19.
Herrman said since the company keeps its liquidity and shipping out of its warehouses, it has better control than traditional retailers. Inventory doesn't need to go straight to the stores if the off-price retailer thinks there's going to be an unusual weather pattern in a certain region, he added.
"[T]his is a benefit of our model where we stage goods in our warehouses versus goods at most brick-and-mortar retailers come into the warehouse and have to go out," Herrman told **** ysts. He added that the company's "planning organization is really good at reacting to any wild swings in weather or natural disasters or any of those red flags."
Off-price retailers and classic retailers tend to have different supply chain models when it comes to how they manage their inventory, but it's not one-size fits all, Dheera Anand, a partner at Bain and Co., told Supply Chain Dive in an interview. The supply chain strategy Hermann described in TJX's earnings call is known as the hold and flow, or staged, model, Anand said.
#supply
TJX Companies is confident in navigating weather-related events such as El Niño due to its warehouse distribution model, CEO Ernie Herrman said in a Q2 earnings call on Aug. 19.
Herrman said since the company keeps its liquidity and shipping out of its warehouses, it has better control than traditional retailers. Inventory doesn't need to go straight to the stores if the off-price retailer thinks there's going to be an unusual weather pattern in a certain region, he added.
"[T]his is a benefit of our model where we stage goods in our warehouses versus goods at most brick-and-mortar retailers come into the warehouse and have to go out," Herrman told **** ysts. He added that the company's "planning organization is really good at reacting to any wild swings in weather or natural disasters or any of those red flags."
Off-price retailers and classic retailers tend to have different supply chain models when it comes to how they manage their inventory, but it's not one-size fits all, Dheera Anand, a partner at Bain and Co., told Supply Chain Dive in an interview. The supply chain strategy Hermann described in TJX's earnings call is known as the hold and flow, or staged, model, Anand said.
#supply
1 month ago
As continuous inflation squeezes household budgets, the discount retail sector should potentially benefit across the board, with middle- and lower-income consumers looking for value driving foot traffic into value chains. That's roughly what happened in the second-quarter reports from Dollar General Corporation (NYSE:DG) and Dollar Tree, Inc. (NASDAQ:DLTR), both of which were released in late August. Both retailers outperformed expectations, though only one company's stock was rewarded for this.
Dollar General Corporation (NYSE:DG) reported second-quarter results on August 27 that exceeded expectations, and shares rose more than 6.5% in premarket trading. Net sales increased 5.2% to $11.29 billion, surpassing the $11.2 billion market forecast, while diluted EPS came in at $2.48, up 33.3% year-over-year and well above the $2.01 ******* ysts projected. Same-store sales increased 3.5%, driven by a 2.0% increase in customer traffic and a 1.5% increase in average transaction amount, marking the fifth consecutive quarter of traffic growth and the sixth consecutive quarter of positive comps across all four merchandise categories.
Management improved their full-year estimate across the board: same-store sales growth is now expected to be 2.5% to 2.9%, up from 2.2% to 2.7% before, while full-year EPS guidance increased to $7.80-$8.00 from $7.20-$7.45. Tariff refunds, a lower LIFO provision, and improved shrink and damages helped increase the gross margin by 127 basis points to 32.6%. CEO Todd Vasos also pointed to continued market share gains from higher-income households switching away from traditional grocers, a trend the company has cited for several quarters, with management announcing plans to resume up to $700 million in share buybacks in the latter half of the year, backed by remodels under its Project Renovate and Project Elevate initiatives.
Dollar Tree's results, released on August 27, indicate a more complicated situation. Diluted EPS came in at $2.70, including a $1.31-per-share net benefit related to tariff refunds, while revenue increased 7% year-over-year to $4.89 billion. Comparable store sales up 3.7%, driven by a 3.3% gain in average ticket and a 0.4% increase in traffic, a return to positive traffic that occurred a full quarter ahead of management's internal plan.
However, the headline figure includes an important caveat: $1.31 of the $2.70 in EPS came from the net impact of $383 million in IEEPA tariff refunds after related reinvestment spending, duties, and taxes. Strip that out, and underlying EPS was $1.39, above the $1.00-$1.15 range management had guided to in May and about 23% above the $1.13 consensus estimate.
#TRAFFIC
Dollar General Corporation (NYSE:DG) reported second-quarter results on August 27 that exceeded expectations, and shares rose more than 6.5% in premarket trading. Net sales increased 5.2% to $11.29 billion, surpassing the $11.2 billion market forecast, while diluted EPS came in at $2.48, up 33.3% year-over-year and well above the $2.01 ******* ysts projected. Same-store sales increased 3.5%, driven by a 2.0% increase in customer traffic and a 1.5% increase in average transaction amount, marking the fifth consecutive quarter of traffic growth and the sixth consecutive quarter of positive comps across all four merchandise categories.
Management improved their full-year estimate across the board: same-store sales growth is now expected to be 2.5% to 2.9%, up from 2.2% to 2.7% before, while full-year EPS guidance increased to $7.80-$8.00 from $7.20-$7.45. Tariff refunds, a lower LIFO provision, and improved shrink and damages helped increase the gross margin by 127 basis points to 32.6%. CEO Todd Vasos also pointed to continued market share gains from higher-income households switching away from traditional grocers, a trend the company has cited for several quarters, with management announcing plans to resume up to $700 million in share buybacks in the latter half of the year, backed by remodels under its Project Renovate and Project Elevate initiatives.
Dollar Tree's results, released on August 27, indicate a more complicated situation. Diluted EPS came in at $2.70, including a $1.31-per-share net benefit related to tariff refunds, while revenue increased 7% year-over-year to $4.89 billion. Comparable store sales up 3.7%, driven by a 3.3% gain in average ticket and a 0.4% increase in traffic, a return to positive traffic that occurred a full quarter ahead of management's internal plan.
However, the headline figure includes an important caveat: $1.31 of the $2.70 in EPS came from the net impact of $383 million in IEEPA tariff refunds after related reinvestment spending, duties, and taxes. Strip that out, and underlying EPS was $1.39, above the $1.00-$1.15 range management had guided to in May and about 23% above the $1.13 consensus estimate.
#TRAFFIC
1 month ago
While I buy most of my clothes from Amazon, when I needed a new wardrobe for a video shoot, my wife and I went on a tour of local retailers.
Since I needed shirts that would hold up well in hot weather, we went to Target and Bass Pro Shops, and as much as I don't like trying clothes on, I took advantage of the stores' dressing rooms.
I'm not alone in wanting to try things on before I buy.
"The opportunity to try on clothes and test products is a major driver of store traffic, with 52% of consumers surveyed saying they go to stores instead of shopping online because of this. References to trying on/testing products surged 32% YoY on average at retailers and were up 58% at beauty retailers," according to a Chatmeter report published last year.
People, me included, like seeing what they're buying before committing to a purchase.
#went #stores #amazon
Since I needed shirts that would hold up well in hot weather, we went to Target and Bass Pro Shops, and as much as I don't like trying clothes on, I took advantage of the stores' dressing rooms.
I'm not alone in wanting to try things on before I buy.
"The opportunity to try on clothes and test products is a major driver of store traffic, with 52% of consumers surveyed saying they go to stores instead of shopping online because of this. References to trying on/testing products surged 32% YoY on average at retailers and were up 58% at beauty retailers," according to a Chatmeter report published last year.
People, me included, like seeing what they're buying before committing to a purchase.
#went #stores #amazon
1 month ago
While I buy most of my clothes from Amazon, when I needed a new wardrobe for a video shoot, my wife and I went on a tour of local retailers.
Since I needed shirts that would hold up well in hot weather, we went to Target and Bass Pro Shops, and as much as I don't like trying clothes on, I took advantage of the stores' dressing rooms.
I'm not alone in wanting to try things on before I buy.
"The opportunity to try on clothes and test products is a major driver of store traffic,
with 52% of consumers surveyed saying they go to stores instead of shopping online because of this. References to trying on/testing products surged 32% YoY on average at retailers and were up 58% at beauty retailers," according to a Chatmeter report published last year.
People, me included, like seeing what they're buying before committing to a purchase.
#went
Since I needed shirts that would hold up well in hot weather, we went to Target and Bass Pro Shops, and as much as I don't like trying clothes on, I took advantage of the stores' dressing rooms.
I'm not alone in wanting to try things on before I buy.
"The opportunity to try on clothes and test products is a major driver of store traffic,
with 52% of consumers surveyed saying they go to stores instead of shopping online because of this. References to trying on/testing products surged 32% YoY on average at retailers and were up 58% at beauty retailers," according to a Chatmeter report published last year.
People, me included, like seeing what they're buying before committing to a purchase.
#went
1 month ago
President Donald Trump is making his mark on the U.S. economy. The Trump administration's tariff policies (including a trade war with Canada) and the war with Iran have driven up energy prices and contributed to accelerating inflation. This "Trumpflation" is driving up costs across the economy.
Research from the non-profit ****** ytics group Tax Foundation indicates that Trump-backed tariffs increased costs by about $1,000 per U.S. household in 2025 and $840 per household so far in 2026. Tariffs are import taxes levied on goods imported from other countries. Those costs are ultimately borne by U.S. businesses or are often passed on to American consumers.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Trump's war with Iran has caused major disruptions to global shipments of oil and natural gas from the strategically vital Strait of Hormuz. That has caused energy prices to go up in 2026. U.S. gasoline prices are back on the rise (but remain down somewhat from their March 2026 high), and diesel prices reached an all-time high national average of $5.897 per gallon as of Sept. 6, according to AAA research. Higher diesel costs are likely to lead to higher inflation for groceries and many consumer products on store shelves that rely on diesel-fueled trucks for distribution to retailers.
Trump seems unlikely to give up on his tariff policies anytime soon, and the Iran conflict might not truly "end" in 2026 or 2027. With an uncertain future of possibly higher inflation and higher energy prices, how should you invest?
#prices #higher #costs #NVIDIA
Research from the non-profit ****** ytics group Tax Foundation indicates that Trump-backed tariffs increased costs by about $1,000 per U.S. household in 2025 and $840 per household so far in 2026. Tariffs are import taxes levied on goods imported from other countries. Those costs are ultimately borne by U.S. businesses or are often passed on to American consumers.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Trump's war with Iran has caused major disruptions to global shipments of oil and natural gas from the strategically vital Strait of Hormuz. That has caused energy prices to go up in 2026. U.S. gasoline prices are back on the rise (but remain down somewhat from their March 2026 high), and diesel prices reached an all-time high national average of $5.897 per gallon as of Sept. 6, according to AAA research. Higher diesel costs are likely to lead to higher inflation for groceries and many consumer products on store shelves that rely on diesel-fueled trucks for distribution to retailers.
Trump seems unlikely to give up on his tariff policies anytime soon, and the Iran conflict might not truly "end" in 2026 or 2027. With an uncertain future of possibly higher inflation and higher energy prices, how should you invest?
#prices #higher #costs #NVIDIA
1 month ago
Blaming declining mall traffic for retail store failures ignores what's actually happening.
"Malls' H1 2026 momentum continued going into the second half of the year, with year-over-year (YoY) visits to shopping centers up across all three formats ******* yzed (indoor, open-air, and outlet) in July 2026," according to data from Placer.ai.
Retailers like Claire's, Joann, and Macy's, which have either fully closed or have shut down dozens of locations, may have failed to capitalize on mall foot traffic, but it's unfair to say that people did not visit malls.
"Open-air shopping centers — which have led the category since the beginning of the year — continued their outperformance, with YoY traffic up 5.1%, followed closely by indoor malls (+4.3%)," the data showed.
Francesca's, a mall staple since its launch in 1999, closed all its more than 450 stores in March and has now received court permission to liquidate its remaining ******* ets.
#year #mall #continued #indoor
"Malls' H1 2026 momentum continued going into the second half of the year, with year-over-year (YoY) visits to shopping centers up across all three formats ******* yzed (indoor, open-air, and outlet) in July 2026," according to data from Placer.ai.
Retailers like Claire's, Joann, and Macy's, which have either fully closed or have shut down dozens of locations, may have failed to capitalize on mall foot traffic, but it's unfair to say that people did not visit malls.
"Open-air shopping centers — which have led the category since the beginning of the year — continued their outperformance, with YoY traffic up 5.1%, followed closely by indoor malls (+4.3%)," the data showed.
Francesca's, a mall staple since its launch in 1999, closed all its more than 450 stores in March and has now received court permission to liquidate its remaining ******* ets.
#year #mall #continued #indoor
1 month ago
Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Performance was driven by the disciplined execution of a value creation strategy, resulting in 27% full-year adjusted EBITDA growth despite reported sales declines from network optimization.
Management attributes underlying sales growth to the $90 billion target addressable market of differentiated retailers, who increased their grocery industry share by 30 basis points.
Operational efficiency improved through the deployment of 'Lean' daily management to 44 distribution centers, resulting in four consecutive quarters of fill rate and throughput gains.
The natural product segment continues to outperform the broader market, reflecting enduring consumer demand for health-forward and specialty products.
#resulting #performance #ebitda #operational
Performance was driven by the disciplined execution of a value creation strategy, resulting in 27% full-year adjusted EBITDA growth despite reported sales declines from network optimization.
Management attributes underlying sales growth to the $90 billion target addressable market of differentiated retailers, who increased their grocery industry share by 30 basis points.
Operational efficiency improved through the deployment of 'Lean' daily management to 44 distribution centers, resulting in four consecutive quarters of fill rate and throughput gains.
The natural product segment continues to outperform the broader market, reflecting enduring consumer demand for health-forward and specialty products.
#resulting #performance #ebitda #operational
1 month ago
A mall chain many consumers around the United States grew up visiting has closed another 25 stores over the last three months.
Earlier this year, we saw a number of mall retailers close locations, despite July 2026 Placer.ai data revealing that foot traffic across all three mall formats grew year over year. As part of my retail coverage for TheStreet, I reported on Vera Bradley cutting its traditional mall footprint by more than 43%, and Fossil Group quietly closing 219 stores over five years.
Most retailers choosing not to renew their mall leases are shifting their strategies. Some are pivoting to open-air shopping centers, which have been outperforming traditional malls for a while, while others are responding to changing consumer preferences by investing more in their online presence.
Founded in 1924, Genesco is a footwear-first company and the engine behind popular brands focused on kids, teens, and young adults. These include Little Burgundy, Journeys, and Schuh.
Genesco has closed another 25 stores across its portfolio, including 17 Journeys Group locations, in the second quarter of fiscal 2027, according to the company's latest earnings release.
#stores #retailers
Earlier this year, we saw a number of mall retailers close locations, despite July 2026 Placer.ai data revealing that foot traffic across all three mall formats grew year over year. As part of my retail coverage for TheStreet, I reported on Vera Bradley cutting its traditional mall footprint by more than 43%, and Fossil Group quietly closing 219 stores over five years.
Most retailers choosing not to renew their mall leases are shifting their strategies. Some are pivoting to open-air shopping centers, which have been outperforming traditional malls for a while, while others are responding to changing consumer preferences by investing more in their online presence.
Founded in 1924, Genesco is a footwear-first company and the engine behind popular brands focused on kids, teens, and young adults. These include Little Burgundy, Journeys, and Schuh.
Genesco has closed another 25 stores across its portfolio, including 17 Journeys Group locations, in the second quarter of fiscal 2027, according to the company's latest earnings release.
#stores #retailers
1 month ago
1
Manchester United and SumUp have agreed a deal for the leading global fintech company to become the club's new sleeve sponsor.
United have released a statement, confirming that SumUp's logo will feature on the sleeves of the men's, women's and academy teams' shirts.
SumUp will also feature prominently on matchdays at Old Trafford.
Fans will soon have access to a new payment card offering exclusive rewards and discounts at club outlets and selected UK retailers.
#united #manchester #deal #leading
Manchester United and SumUp have agreed a deal for the leading global fintech company to become the club's new sleeve sponsor.
United have released a statement, confirming that SumUp's logo will feature on the sleeves of the men's, women's and academy teams' shirts.
SumUp will also feature prominently on matchdays at Old Trafford.
Fans will soon have access to a new payment card offering exclusive rewards and discounts at club outlets and selected UK retailers.
#united #manchester #deal #leading
1 month ago
Dollar Tree, Inc. (NASDAQ:DLTR) and Dollar General Corporation (NYSE:DG) both reported quarterly results above sales expectations as lower-priced essentials continued to drive consumers to their stores amid economic uncertainty. Both retailers also benefited from tariff refunds, which helped support their higher full-year profit targets.
Dollar General Corporation (NYSE:DG) saw a 3.5% year-over-year increase in quarterly same-store sales, supported by growth across categories like seasonal, home products, and apparel. The company lifted its fiscal 2026 same-store sales growth forecast from its earlier range of 2.2% to 2.7% to 2.5% to 2.9%.
Dollar General Corporation (NYSE:DG) now expects fiscal 2026 earnings per share of about $7.80 to $8.00. This includes a benefit of about 25 cents from tariff refunds after related reinvestments. Dollar Tree, Inc. (NASDAQ:DLTR) also raised its full-year earnings forecast to $7.70 to $8.05 per share, which includes a benefit of about 60 cents from tariff refunds.
Bull Case
It is not difficult to argue that the latest results point to improving momentum at both discount retailers. Dollar General Corporation (NYSE:DG) delivered its seventh consecutive earnings beat, with earnings per share coming in 11% above ******* ysts' expectations. Even after excluding the 25-cent net benefit from tariff refunds, the company's earnings were up approximately 20% year-over-year.
#dollar #year #refunds #sales
Dollar General Corporation (NYSE:DG) saw a 3.5% year-over-year increase in quarterly same-store sales, supported by growth across categories like seasonal, home products, and apparel. The company lifted its fiscal 2026 same-store sales growth forecast from its earlier range of 2.2% to 2.7% to 2.5% to 2.9%.
Dollar General Corporation (NYSE:DG) now expects fiscal 2026 earnings per share of about $7.80 to $8.00. This includes a benefit of about 25 cents from tariff refunds after related reinvestments. Dollar Tree, Inc. (NASDAQ:DLTR) also raised its full-year earnings forecast to $7.70 to $8.05 per share, which includes a benefit of about 60 cents from tariff refunds.
Bull Case
It is not difficult to argue that the latest results point to improving momentum at both discount retailers. Dollar General Corporation (NYSE:DG) delivered its seventh consecutive earnings beat, with earnings per share coming in 11% above ******* ysts' expectations. Even after excluding the 25-cent net benefit from tariff refunds, the company's earnings were up approximately 20% year-over-year.
#dollar #year #refunds #sales
1 month ago
iShowSpeed is putting $1 million on the table, but winning a piece of it will require more than liking a post. The 21-year-old streamer, whose real name is Darren Watkins Jr., is at the center of a new nine-week competition that will send fans through a series of online and real-world challenges, culminating in a $250,000 final hunt. The competition launched on August 31 and runs through October 31.
Dubbed SPEEDRUN: Million Dollar Mission, the competition comprises 25 challenges across the United States, Canada, the United Kingdom, and Australia. Players can hunt for hidden briefcases, participate through social media, and find QR codes connected to the game at more than 4,000 Walmart locations and other participating retailers.
TikTok Shop loot boxes are also part of the competition. Dr. Squatch, which partnered with iShowSpeed on the campaign, first approached his team with the idea in April 2025.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
For Speed, the deciding factor in taking on a brand deal is whether it can fit naturally into the kind of content his viewers already watch. "If I can't make something entertaining or do something my audience would actually expect from me, I'm probably not going to be excited about it or even do it at all," he said to Forbes.
#real #hunt #something
Dubbed SPEEDRUN: Million Dollar Mission, the competition comprises 25 challenges across the United States, Canada, the United Kingdom, and Australia. Players can hunt for hidden briefcases, participate through social media, and find QR codes connected to the game at more than 4,000 Walmart locations and other participating retailers.
TikTok Shop loot boxes are also part of the competition. Dr. Squatch, which partnered with iShowSpeed on the campaign, first approached his team with the idea in April 2025.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
For Speed, the deciding factor in taking on a brand deal is whether it can fit naturally into the kind of content his viewers already watch. "If I can't make something entertaining or do something my audience would actually expect from me, I'm probably not going to be excited about it or even do it at all," he said to Forbes.
#real #hunt #something
1 month ago
When people talk about shoplifting and organized retail crime (ORC), they tend to focus on the bottom-line impact on businesses. That makes sense because the numbers aren't small, according to the National Retail Federation's (NRF) The Impact of Theft & Violence 2026 report.
"The 2026 report demonstrates a concerning shift as criminals move beyond traditional shoplifting to more sophisticated external theft schemes, with retailers reporting higher rates of repeat offenders (50%), ORC-related incidents (40%), and walkout or pushout theft (37%). Fraud is also rising, with phone scams (69%), loyalty fraud (51%) and gift card theft or fraud (42%) increasing," the data showed.
The NRF, however, does not focus on how theft and thieves impact frontline retail workers.
A new report from HALOS, a bodycam company used by retailers like Walmart, Target, Kroger, TJ Maxx, H&M, and Aldi, shows that it does, and that the impact is quite severe.
"Two-thirds of frontline workers have experienced customer aggression acutely enough that they've considered leaving their job," according to HALOS' study of 2,500 frontline employees.
#according
"The 2026 report demonstrates a concerning shift as criminals move beyond traditional shoplifting to more sophisticated external theft schemes, with retailers reporting higher rates of repeat offenders (50%), ORC-related incidents (40%), and walkout or pushout theft (37%). Fraud is also rising, with phone scams (69%), loyalty fraud (51%) and gift card theft or fraud (42%) increasing," the data showed.
The NRF, however, does not focus on how theft and thieves impact frontline retail workers.
A new report from HALOS, a bodycam company used by retailers like Walmart, Target, Kroger, TJ Maxx, H&M, and Aldi, shows that it does, and that the impact is quite severe.
"Two-thirds of frontline workers have experienced customer aggression acutely enough that they've considered leaving their job," according to HALOS' study of 2,500 frontline employees.
#according
1 month ago
There aren't too many dividend stocks that yield more than 5%. Those that do can be separated into high- and low-risk categories, and most investors, especially those who rely on passive income, are looking for low-risk options.
Realty Income (NYSE: O) boasts a 5.3% dividend yield, and it's as reliable as they come. Here's why it's my pick for the top S&P 500 (SNPINDEX: ^GSPC) stock with a yield above 5%.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Realty Income is a real estate investment trust (REIT), a structure that pays out 90% of earnings as dividends. REITs often play a big role in a dividend-focused portfolio, although there are all sorts of REITs, some of which are high-risk and some that don't pay high yields.
REITs buy and lease properties, and they typically have an industry focus. Realty Income is a retail REIT, meaning it predominantly leases its properties to retailers. Its tenant roster includes some of the largest and most stable retailers in the U.S., such as Walmart and Home Depot. Grocery and convenience stores make up more than 20% of its total portfolio, and it services other essential retail categories like pharmacy and home improvement, which is why its tenant base is so reliable.
#realty #yield #high
Realty Income (NYSE: O) boasts a 5.3% dividend yield, and it's as reliable as they come. Here's why it's my pick for the top S&P 500 (SNPINDEX: ^GSPC) stock with a yield above 5%.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Realty Income is a real estate investment trust (REIT), a structure that pays out 90% of earnings as dividends. REITs often play a big role in a dividend-focused portfolio, although there are all sorts of REITs, some of which are high-risk and some that don't pay high yields.
REITs buy and lease properties, and they typically have an industry focus. Realty Income is a retail REIT, meaning it predominantly leases its properties to retailers. Its tenant roster includes some of the largest and most stable retailers in the U.S., such as Walmart and Home Depot. Grocery and convenience stores make up more than 20% of its total portfolio, and it services other essential retail categories like pharmacy and home improvement, which is why its tenant base is so reliable.
#realty #yield #high
1 month ago
Dollar Tree, Inc. (NASDAQ:DLTR) and Dollar General Corporation (NYSE:DG) both reported quarterly results above sales expectations as lower-priced essentials continued to drive consumers to their stores amid economic uncertainty. Both retailers also benefited from tariff refunds, which helped support their higher full-year profit targets.
Dollar General Corporation (NYSE:DG) saw a 3.5% year-over-year increase in quarterly same-store sales, supported by growth across categories like seasonal, home products, and apparel. The company lifted its fiscal 2026 same-store sales growth forecast from its earlier range of 2.2% to 2.7% to 2.5% to 2.9%.
Dollar General Corporation (NYSE:DG) now expects fiscal 2026 earnings per share of about $7.80 to $8.00. This includes a benefit of about 25 cents from tariff refunds after related reinvestments. Dollar Tree, Inc. (NASDAQ:DLTR) also raised its full-year earnings forecast to $7.70 to $8.05 per share, which includes a benefit of about 60 cents from tariff refunds.
Bull Case
It is not difficult to argue that the latest results point to improving momentum at both discount retailers. Dollar General Corporation (NYSE:DG) delivered its seventh consecutive earnings beat, with earnings per share coming in 11% above **** ysts' expectations. Even after excluding the 25-cent net benefit from tariff refunds, the company's earnings were up approximately 20% year-over-year.
#general #refunds
Dollar General Corporation (NYSE:DG) saw a 3.5% year-over-year increase in quarterly same-store sales, supported by growth across categories like seasonal, home products, and apparel. The company lifted its fiscal 2026 same-store sales growth forecast from its earlier range of 2.2% to 2.7% to 2.5% to 2.9%.
Dollar General Corporation (NYSE:DG) now expects fiscal 2026 earnings per share of about $7.80 to $8.00. This includes a benefit of about 25 cents from tariff refunds after related reinvestments. Dollar Tree, Inc. (NASDAQ:DLTR) also raised its full-year earnings forecast to $7.70 to $8.05 per share, which includes a benefit of about 60 cents from tariff refunds.
Bull Case
It is not difficult to argue that the latest results point to improving momentum at both discount retailers. Dollar General Corporation (NYSE:DG) delivered its seventh consecutive earnings beat, with earnings per share coming in 11% above **** ysts' expectations. Even after excluding the 25-cent net benefit from tariff refunds, the company's earnings were up approximately 20% year-over-year.
#general #refunds
1 month ago
From identifying major life changes like a shopper's marriage or a recent pay ******* p, artificial intelligence is enabling marketers to learn more about consumers in a way that is almost too intimate.
A new report from Coresight Research offers a glimpse into how extensive data gathering has become for brands and retailers, and how the latest advancements in AI can further expand insights.
More from WWD
What If Behind Every Successful Fortune 500 Executive Is An AI 'Super Agent'?
Better Cotton, Avalo Bring AI-Assisted Breeding to Texas Farms
#every #fortune #agent
A new report from Coresight Research offers a glimpse into how extensive data gathering has become for brands and retailers, and how the latest advancements in AI can further expand insights.
More from WWD
What If Behind Every Successful Fortune 500 Executive Is An AI 'Super Agent'?
Better Cotton, Avalo Bring AI-Assisted Breeding to Texas Farms
#every #fortune #agent
1 month ago
Ro Khanna is a Democratic congressman known for being one of the most active stock traders in Congress, with hundreds of disclosed transactions. Khanna says the trades sit in family accounts he does not control.
His disclosures show he has been buying NCR Voyix (NYSE:VYX), a small-cap company that sells checkout technology to retailers and restaurants.
The most recent trade was a buy in June. There were about seven purchases of this stock from Khanna in 2026.
NCR Voyix sells the checkout technology that grocery stores, convenience chains and restaurants run on. The business splits into two segments, Retail and Restaurants, with retail accounting for a major chunk of sales.
The company is in the middle of a rebuild. It handed hardware manufacturing to an ODM partner at the end of the first quarter of fiscal 2026, so hardware now shows up as commission instead of full product revenue. Management is pushing customers onto the Voyix Commerce Platform, a cloud system sold on multiyear subscription contracts, and onto Voyix Connect, its payments gateway.
#khanna #retail #checkout
His disclosures show he has been buying NCR Voyix (NYSE:VYX), a small-cap company that sells checkout technology to retailers and restaurants.
The most recent trade was a buy in June. There were about seven purchases of this stock from Khanna in 2026.
NCR Voyix sells the checkout technology that grocery stores, convenience chains and restaurants run on. The business splits into two segments, Retail and Restaurants, with retail accounting for a major chunk of sales.
The company is in the middle of a rebuild. It handed hardware manufacturing to an ODM partner at the end of the first quarter of fiscal 2026, so hardware now shows up as commission instead of full product revenue. Management is pushing customers onto the Voyix Commerce Platform, a cloud system sold on multiyear subscription contracts, and onto Voyix Connect, its payments gateway.
#khanna #retail #checkout
1 month ago
De'Aaron Fox has a new pair of sneakers for the upcoming season, and Spurs fans can get their hands on them, too.
The San Antonio Spurs guard's third signature sneaker with Under Armour, the Fox 3, hit shelves Friday. The shoe debuted in the colorful "Gamer" colorway and retails for $125 through Under Armour and select retailers.
Under Armour first unveiled the Fox 3 in August, saying it was designed around the biggest part of Fox's game: his speed and ability to stop on a dime.
The Fox 3 weighs 11.9 ounces, making it lighter than its predecessor. It features a lightweight mesh upper, Charged cushioning, a TPU shank for stability and a Flow outsole designed to support quick bursts, hard cuts and sudden stops.
"Every version of my signature shoe has gotten better because we keep learning from how I move and what I need on the court," Fox said in an Under Armour news release.
#SPURS #signature #designed #august
The San Antonio Spurs guard's third signature sneaker with Under Armour, the Fox 3, hit shelves Friday. The shoe debuted in the colorful "Gamer" colorway and retails for $125 through Under Armour and select retailers.
Under Armour first unveiled the Fox 3 in August, saying it was designed around the biggest part of Fox's game: his speed and ability to stop on a dime.
The Fox 3 weighs 11.9 ounces, making it lighter than its predecessor. It features a lightweight mesh upper, Charged cushioning, a TPU shank for stability and a Flow outsole designed to support quick bursts, hard cuts and sudden stops.
"Every version of my signature shoe has gotten better because we keep learning from how I move and what I need on the court," Fox said in an Under Armour news release.
#SPURS #signature #designed #august
1 month ago
Interested in Tilly's, Inc.? Here are five stocks we like better.
Tilly's delivered strong fiscal Q2 results: Net sales rose 8.1% to $163.5 million, comparable sales increased 12.1% for the third consecutive quarter, and net income climbed to $8.4 million from $3.2 million.
Profitability and liquidity improved: Gross margin expanded 300 basis points to 35.5% as inventory became more current, while cash and investments increased to $62.2 million and the company carried no borrowings.
Momentum continued into the third quarter: August comparable sales rose 14.6%, and management expects Q3 comparable sales growth of 10%–14%, with net income forecast at $2.2 million–$3.7 million.
Three Mall Retailers For Your Reopening Watchlist
#comparable #increased
Tilly's delivered strong fiscal Q2 results: Net sales rose 8.1% to $163.5 million, comparable sales increased 12.1% for the third consecutive quarter, and net income climbed to $8.4 million from $3.2 million.
Profitability and liquidity improved: Gross margin expanded 300 basis points to 35.5% as inventory became more current, while cash and investments increased to $62.2 million and the company carried no borrowings.
Momentum continued into the third quarter: August comparable sales rose 14.6%, and management expects Q3 comparable sales growth of 10%–14%, with net income forecast at $2.2 million–$3.7 million.
Three Mall Retailers For Your Reopening Watchlist
#comparable #increased
1 month ago
A former employee has filed a class action lawsuit against Ceva Logistics, alleging the freight giant failed to protect highly sensitive personal information stolen during a recent cyberattack that impacted operations in Europe.
Hackers gained access to Ceva Logistics systems and data in late July, which disrupted operations at eight warehouses that provide store replenishment and e-commerce fulfillment for retailers in the Netherlands and other European countries, as FreightWaves reported. The legal action suggests that customers were not the only ones affected by the data breach.
Why It Matters: France-based Ceva is one of the largest third-party logistics providers, with more than 1,000 warehouses worldwide. Last year the company generated $18.3 billion in revenue.
Kevin Krupa, a former employee, sued Ceva Logistics late last month in U.S. District Court for the Southern District of Texas, in Houston, where Ceva's U.S. headquarters is located.
The complaint alleges that the personal information of employees, including bank account details and social security numbers, was stolen during the cyber intrusion, which never would have happened had the company taken appropriate precautions following a similar incident a year earlier.
#ceva
Hackers gained access to Ceva Logistics systems and data in late July, which disrupted operations at eight warehouses that provide store replenishment and e-commerce fulfillment for retailers in the Netherlands and other European countries, as FreightWaves reported. The legal action suggests that customers were not the only ones affected by the data breach.
Why It Matters: France-based Ceva is one of the largest third-party logistics providers, with more than 1,000 warehouses worldwide. Last year the company generated $18.3 billion in revenue.
Kevin Krupa, a former employee, sued Ceva Logistics late last month in U.S. District Court for the Southern District of Texas, in Houston, where Ceva's U.S. headquarters is located.
The complaint alleges that the personal information of employees, including bank account details and social security numbers, was stolen during the cyber intrusion, which never would have happened had the company taken appropriate precautions following a similar incident a year earlier.
#ceva
1 month ago
"It's going to be $1," Josefina Aguirre said to a customer, pausing an interview with Fox News Digital inside her family's Spanish Harlem meat market.
"Okay, I'm sorry. I got a couple of customers. Let's start over," Aguirre, a first-generation American, said. "This is me," she added with a laugh from behind the counter where she has worked for the past 30 years.
Aguirre is among the neighborhood grocers suing New York City Mayor Zohran Mamdani over his plan to open city-backed grocery stores across all five boroughs. He says the plan will offer shoppers prices roughly 30% lower than comparable retailers. Local business owners argue it will force small local-run stores to shutter.
Experts Scorch Mamdani's Grocery Plan As An 'Illusion' That Will Have Taxpayers Footing The Bill
"When we heard Mamdani was opening a grocery store where people are gonna save 30%, it scares us because we don't have the money to compete," Aguirre said.
#aguirre #mamdani #city
"Okay, I'm sorry. I got a couple of customers. Let's start over," Aguirre, a first-generation American, said. "This is me," she added with a laugh from behind the counter where she has worked for the past 30 years.
Aguirre is among the neighborhood grocers suing New York City Mayor Zohran Mamdani over his plan to open city-backed grocery stores across all five boroughs. He says the plan will offer shoppers prices roughly 30% lower than comparable retailers. Local business owners argue it will force small local-run stores to shutter.
Experts Scorch Mamdani's Grocery Plan As An 'Illusion' That Will Have Taxpayers Footing The Bill
"When we heard Mamdani was opening a grocery store where people are gonna save 30%, it scares us because we don't have the money to compete," Aguirre said.
#aguirre #mamdani #city
1 month ago
When people are worried about their income, their job security, and the cost of everything from rent to food rising, they tend to become careful about spending.
"Consumer sentiment confirmed its early month reading, falling about 6% from last month and landing about 11% below a year ago amid continued worries that inflation will remain elevated for the foreseeable future," according to University of Michigan Surveys of Consumers Director Joanne Hsu.
Consumers are worried, but some people are more worried than others.
"Groups who are typically less-equipped to absorb increases in cost of living also exhibited stronger decreases in sentiment, including older consumers, lower- and middle-income consumers, and those with no stock holdings," Hsu shared.
That, however, has proven to be good news for discount retailers with dollar in their name including Dollar General and Dollar Tree.
#worried #sentiment #month #including
"Consumer sentiment confirmed its early month reading, falling about 6% from last month and landing about 11% below a year ago amid continued worries that inflation will remain elevated for the foreseeable future," according to University of Michigan Surveys of Consumers Director Joanne Hsu.
Consumers are worried, but some people are more worried than others.
"Groups who are typically less-equipped to absorb increases in cost of living also exhibited stronger decreases in sentiment, including older consumers, lower- and middle-income consumers, and those with no stock holdings," Hsu shared.
That, however, has proven to be good news for discount retailers with dollar in their name including Dollar General and Dollar Tree.
#worried #sentiment #month #including
1 month ago
UK retailers selling online to EU consumers face new customs costs and data requirements as the bloc reforms its treatment of low-value imports, adding complexity to post-Brexit cross-border trade ahead of the Golden Quarter.
UK retailers selling goods directly to EU consumers face a new customs cost following the introduction of a temporary €3 duty on low-value imports.
The EU measure took effect on 1 July 2026 and applies to qualifying goods in consignments worth up to €150 imported from outside the EU. It replaces the previous customs duty exemption for low-value consignments and is scheduled to remain in place until 1 July 2028.
The duty is charged at €3 for each tariff category represented in a consignment, rather than per parcel or physical unit. For example, five T-shirts in the same tariff category would attract a €3 duty, while a T-shirt and a watch could attract €6 because they fall into different categories.
The reform is not aimed specifically at the UK. It applies to low-value imports from non-EU countries regardless of their country of origin.
#value #duty #customs
UK retailers selling goods directly to EU consumers face a new customs cost following the introduction of a temporary €3 duty on low-value imports.
The EU measure took effect on 1 July 2026 and applies to qualifying goods in consignments worth up to €150 imported from outside the EU. It replaces the previous customs duty exemption for low-value consignments and is scheduled to remain in place until 1 July 2028.
The duty is charged at €3 for each tariff category represented in a consignment, rather than per parcel or physical unit. For example, five T-shirts in the same tariff category would attract a €3 duty, while a T-shirt and a watch could attract €6 because they fall into different categories.
The reform is not aimed specifically at the UK. It applies to low-value imports from non-EU countries regardless of their country of origin.
#value #duty #customs
1 month ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Why we like it: If you want to earn valuable travel rewards on your everyday business expenses, look no further than the Amex Blue Business Plus. It has a no-hassle rewards rate that works for any eligible purchase (so no confusing bonus categories to worry about), plus you can use an intro APR offer on purchases as a new cardmember.
Read our full Amex Blue Business Plus review
Why we like it: The American Express Business Gold card offers a mix of everyday rewards and valuable benefits that can help reduce costs for your business long-term. Top 4x rewards apply to the first $150,000 you spend annually in the two eligible categories where you spend most each month. Eligible categories include advertising purchases from U.S. media providers in select media, U.S. purchases from electronic goods retailers and software and cloud system providers, U.S. restaurants, U.S. gas stations, transit, and monthly wireless phone service charges from U.S. providers.
In addition to rewards, annual credits toward eligible business purchases and an auto-renewing Walmart+ membership can go a long way toward helping offset the annual fee (see rates & fees). Plus, you can score a huge welcome bonus as a new cardholder.
#providers #blue
Why we like it: If you want to earn valuable travel rewards on your everyday business expenses, look no further than the Amex Blue Business Plus. It has a no-hassle rewards rate that works for any eligible purchase (so no confusing bonus categories to worry about), plus you can use an intro APR offer on purchases as a new cardmember.
Read our full Amex Blue Business Plus review
Why we like it: The American Express Business Gold card offers a mix of everyday rewards and valuable benefits that can help reduce costs for your business long-term. Top 4x rewards apply to the first $150,000 you spend annually in the two eligible categories where you spend most each month. Eligible categories include advertising purchases from U.S. media providers in select media, U.S. purchases from electronic goods retailers and software and cloud system providers, U.S. restaurants, U.S. gas stations, transit, and monthly wireless phone service charges from U.S. providers.
In addition to rewards, annual credits toward eligible business purchases and an auto-renewing Walmart+ membership can go a long way toward helping offset the annual fee (see rates & fees). Plus, you can score a huge welcome bonus as a new cardholder.
#providers #blue
