United States of America

USA economy is picking up the pace: 2% growth in the first quarter

The U.S. economy showed much more substantial than expected 2% growth in the first quarter, according to an extensive upward revision Thursday from the Commerce Department. Gross domestic product increased...

June 29, 2023

Walmart sells its online plus-size brand Eloquii

Walmart is selling the online apparel brand Eloquii to FullBeauty Brands, marking the retailer’s third divestiture of a direct-to-consumer brand this year. The big-box retailer sold Bonobos to WHP Global...

April 24, 2023

U.S. holidays ‘record sales’ could be due to inflation

U.S. customers reached record sales during this year’s holiday season. Still, according to CNN, this was primarily due to inflation, which forced consumers to spend more for retail goods and...

December 28, 2022