Tag: government stimulus

Retail Types, Stores

Victoria’s Secret-owner L Brands shares jump on raised profit outlook, thanks to stimulus boost

March 26, 2021


Victoria’s Secret-owner L Brands raised its profit outlook for the first quarter on Friday, citing a boost from government stimulus and from loosened Covid-related restrictions. Its stock jumped more than 5.5% in early trading. The company now expects an adjusted […]

News & Trends

Americans would spend more this holiday season with $1,200 stimulus checks, Gallup study finds

November 13, 2020


A fresh round of stimulus checks in Americans’ bank accounts before the end of the year could provide a welcomed boost to retailers this holiday season, according to a new study. Assuming no additional government stimulus, 37% of consumers said […]