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The Latest Breaking News from Placerai

Workers are slowly getting dragged back to the office but the RTO battle isn’t over yet

“I don’t think we’re going to get back to where we were pre-pandemic.”

Fortune

Target’s latest attempt to win back shoppers faces criticism

Some of the retailer's investors have issued a grim sales prediction.

The Street

Dollar General, Dollar Tree, Five Below Q3 Earnings Preview: Can Discount Retailers Rebound Ahead Of Holidays?

Dollar General, Dollar Tree and Five Below all report quarterly results this week. A look at the estimates and what Placer.ai data shows.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

McDonald’s US sales face major threat despite small progress

The fast-food chain has another major problem on its hands.

The Street

Shoppers are so scarred by inflation they’ve cemented new habits to save money—and discount retailers are the big winners

Shoppers are spending less time in one store and visiting a wider array of retailers looking for budget items, according to Placer.ai data.

Fortune

Stock Market News For Aug. 13: This Retailer Has Best Increase In Foot Traffic

Store visits climbed in Q2 for Home Depot, but another retailer did far better.

Investors Business Daily

Target Dives On Weak Earnings, Guidance With Consumers 'Pressured'; TJX Surges; BJ's Reports

Target dived after the discount giant missed on earnings and guided lower, citing "pressured" consumers. TJX earnings beat.

Investors Business Daily

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Mall retailer considers Chapter 11 bankruptcy as cash dwindles

The Street

Struggling mall retailer could file for Chapter 11 bankruptcy

The Street

Retail Stocks Soar As Black Friday Traffic Surges

Walmart, Target, and Macy's among top performers as physical foot traffic sees triple-digit increases

Zenger

Despite Inflation, Consumers Will Stay Pay High Prices For This Splurge

Even with soaring prices, consumers are flocking to this kind of restaurant.

The Street

Consumers Are Making Fewer Store Visits (Except At This Retailer)

Walmart and even Costco have seen their traffic drop, but one retailer has been surprisingly immune.

The Street

These Are the Best Limited Deals at McDonald's, Starbucks and More

The PSL has been going strong for years.

The Street

Dollar General Is Making a $100 Million Bet Customers Will Love

The company admits it needs to beef up staffing as the dollar store format continues to boom.

The Street

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news in one place.

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The Street

Burlington Stores Leverages Others' Mistakes, as Off-Price Retail Booms

The off-price retailer is bullish on its future as it snaps up unwanted merchandise from competitors worried about inflation and weak demand.

The Street

Amazon, Whole Foods Just Made Grocery Shopping a Lot Easier

Shoppers seem to be taking to Amazon's 'Just Walk Out' technology, according to a recent story.

The Street

McDonald's, Burger King, and Other Fast-Food Giants Get Mixed News

A new Revenue Management Solutions repots paints an unclear picture of fast food traffic and price trends.

The Street

Ulta, Shopping Malls Are Black Friday Winners

Ultra came out with very strong Black Friday foot traffic this year.

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news in one place.

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The Street

Rising Food Prices are Pushing People to McDonald's

Overall restaurant traffic fell 7.6% in July and 13.7% in August.

The Street

Certain Industries Are Beating Inflation

Not every industry and corporate band is falling victim to inflation

The Street

Back To School Is Here, But We're Not Back to the Malls (Yet)

Malls may have good news in their future, however.

The Street

These Five Cities are Seeing the Slowest Return to the Office

In some locations, nearly two-thirds of workers still haven't returned to the office full time.

The Street

Going To The Mall Has Become Unpopular--For Now

Outlet malls saw a 6.7% decline in visits year-over-year in June.

Investors Business Daily

Lowe's Earnings Mixed After Home Depot Stock Delivers Surprise Profit Gain

Lowe's earnings beat views early Wednesday but revenue fell short. On Tuesday, Home Depot earnings and sales defied estimates for a decline.

People

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