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 [...]

  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 [...]

  Dick's Q2 comp sales +5.0% / Raises full year 2025 comp guidance to a range of 2.0% to 3.5% Press release   ...Dick’s beats Wall Street’s expectations on the top and bottom lines at CNBC. "...Stack said new drops from Nike’s revamped running portfolio, including the Pegasus Premium and the Vomero Plus, are performing so well, it can’t keep the shoes in stock. “Anything that’s new, innovative and kind of the cool factor, is blowing out,” Stack said." Read more   Best Buy Q2 comp sales +1.6% - highest growth in three years Press release   Dollar General Q2 comp [...]

  The secret to Labubus’ success? China’s ‘blind box’ craze at CNBC. "Ruan Yue, a 23-year-old student, says she spends $55 a month on blind boxes — and enjoys the gamble. Ruan owns 150 Labubu and other dolls from mystery packaging. “The moment you open the box if it’s a version you want or a limited edition, you get so excited,” she said...The Chinese government, however, has warned through its state media against “irrational consumption” and blind box “addiction.” Read more   Most Department Stores Are Leaving Malls. Dillard’s Is Buying One. at WSJ. "(Dillard's) purchased the Longview Mall in Texas, [...]

  Walmart Q2 comp sales (ex-fuel) +4.6% (vs. expected +4%) / Sam's Club +5.9% (vs. expected +5.2%) at CNBC. "CFO, John David Rainey: “There are certainly areas where we have fully absorbed the impact of higher tariff costs. There are other areas where we’ve had to pass some of those costs along.” But he added “tariff-impacted costs are continuing to drift upwards.” Even so, Rainey said Walmart hasn’t seen a change in customer spending. For example, sales of private label items, which typically cost less than national brands, were roughly flat year over year, he said." Read more | Press release [...]

  Home Depot Q2 comp sales +1.0% / US comp sales +1.4% "Revenue...climbed to $45.28 billion from $43.18 billion, but fell short of the $45.41 billion that analysts polled by FactSet were looking for...Customer transactions declined less than 1% in the quarter. The amount shoppers spent rose to $90.01 per average receipt from $88.90 in the prior-year period." Read more   Best Buy launches third-party marketplace as it looks for sales drivers at CNBC. "Jason Bonfig said...Best Buy noticed gaps in its assortment that the new platform will help it fill. For instance, he said the company didn’t carry batteries [...]

  Wholesale prices rose 0.9% in July, much more than expected at CNBC. "The producer price index, which measures final demand goods and services prices, jumped 0.9% on the month, compared to the Dow Jones estimate for a 0.2% gain. Excluding food and energy prices, core PPI rose 0.9% against the estimate for 0.3%. Excluding food, energy and trade, the index was up 0.6%, the biggest gain since March 2022." Read more   Advance Auto Parts Q2 comp sales +0.1% Press release   Tapestry, Inc. Q4 revenue +8.0% : Coach +14% / Kate Spade -13% Press release   Walmart broadens [...]