US stores
Coverage of US stores in the Nexus archive.
- Walmart strong again in second quarter, but its outlook is reserved
Walmart reported a strong second quarter with comparable sales in U.S. stores rising 2.6% and adjusted per share results of 81 cents, exceeding Wall Street expectations. However, the company's shares slid 6%, overshadowed by a more cautious outlook. For the full year, Walmart expects sales to be up anywhere from 4% to 5%, falling short of analyst predictions.
- Ikea is growing its resale business. It's attracting bargain hunters and design nerds.
Ikea is expanding its buyback and resell program to all US stores beginning in September. Over the past five years, Ikea has bought back approximately 53,000 items through this division, offering customers store credit for their old furniture. The growing secondhand market appeals both to shoppers seeking affordability and design lovers looking for specific styles.
- Why Taco Bell is beefing up its protein offerings
Taco Bell plans to test a new Protein Power menu in some US stores this summer to align with new nutritional guardrails and promote a healthier image. CEO Greg Creed highlights growing consumer demand for protein focused on performance, targeting the chain's young, male-skewed clientele.
- Apple is closing three US stores, including the first to unionize
Apple is closing three US stores, one of which is the first to unionize. The closures mark a significant business decision impacting retail locations and labor relations.