Three-in-four consumers still feel concerned about rising prices, even as inflation moderates, according to Deloitte’s 2024 U.S. Retail Industry Outlook.
Amazon ended the year with better-than-expected fourth-quarter earnings and revenue, helped by a record-breaking holiday season and ongoing efforts to cut costs.
Rite Aid has completed its previously announced sale of the Elixir Solutions business to MedImpact Healthcare Systems for approximately $576.5 million.
Walmart plans to build or convert more than 150 larger-format stores during the next five years while also continuing its program to remodel existing locations.