ADP: Labor market growth slows dramatically in August with U.S. adding just 54K jobs vs. 75K estimate at CNBC   PwC: 2025 holiday spending to decline on average by 5% "...the first notable drop since 2020. 84% expect to cut back over the next six months...Gen Z respondents (ages 17 to 28)...say they expect to reduce their holiday budgets by 23%, more than any other generation." Press release   Powerball jackpot jumps to $1.7 billion after another night without a big winner at AP   American Eagle stock soars 20% as retailer says Sydney Sweeney campaign is ‘best’ to [...]

  Kraft Heinz to split into two companies "Global Taste Elevation Co.”...will include...three billion-dollar brands – Heinz, Philadelphia and Kraft Mac & Cheese – with approximately 75% of net sales coming from sauces, spreads and seasonings...“North American Grocery Co.”...will include...three billion-dollar brands – Oscar Mayer, Kraft Singles and Lunchables." Press release   Aldi Wants to Conquer the American Grocery Store Landscape at WSJ. "Aldi plans to add more than 200 stores on a net basis in the U.S. in 2025, making it America’s fastest-growing retailer this year after the two big dollar-store chains...plans to add more than 800 additional stores [...]