Page 16 - Adrian Mitchell News Today

U.S. credit card debt has risen above $1 trillion. Can we afford it?

As of last month, about 30% of U.S. shoppers were buying whatever brand was on promotion.

Retail theft pressures margins at Dick’s, Dollar Tree Shares of Dicks Sporting Goods (NYSE:DKS) plunged nearly 20% earlier this week as the company’s...

Retail theft pressures margins at Dick’s, Dollar Tree Shares of Dicks Sporting Goods (NYSE:DKS) plunged nearly 20% earlier this week as the company’s...

Macy's Inc stock has fallen about 38% this year and is poised to close at its lowest level since January 2021 after reporting yet another slowdown in sales growth on Tuesday. But rather than punish one of the United States’ oldest and best-known retailers, there are plenty of reasons investors might want to give the company another chance – albeit with a caveat.

With Nvidia earnings out of the way, the next test for US markets is Federal Reserve Chair Jerome Powell’s annual speech at the Jackson Hole economic summit on Friday.

Macys executives have warned of a spike in customers failing to make credit card payments thanks to unprecedented pressures on household finances.

Retail theft pressures margins at Dick’s, Dollar Tree Shares of Dicks Sporting Goods (NYSE:DKS) plunged nearly 20% on Tuesday as the company’s quarterly...

M earnings call for the period ending June 30, 2023.

Card delinquencies are occurring faster than Macy's expected.