Corporate Governance

Higher-than-expected Q3 GDP coupled with continued retail sales growth is staving off a recession, the NRF's chief economist said.

The organic and natural retailer's expected trends include ingestible skin care, apple cider vinegar supplements, non-alcoholic beverages and more.

Sales in the quarter were up more than 6% as the grocer continued to grow its Our Brands assortment of products.

Following the launch of the new store brand portfolio, the grocery chain continues to add to the line with more expected in the weeks ahead.

Facing economic headwinds, the discount retailer is forecasting a challenging fourth quarter with comparable store sales expected to be lower than Q4 of 2021.

Officials with the retailer remain positive as the company navigates through a challenging economic headwinds.

A new report indicates that the evolving habits of shoppers are offering additional opportunities for retailers and suppliers in the long-standing category.

Strong sales on Black Friday and Cyber Monday were key to the retailer's growth.