Rising costs for housing, insurance and other services are squeezing US household budgets, the National Retail Federation argues. UK inflation figures show why the issue matters beyond the US.
A decree issued in September eases the country's Economic Needs Test (ENT) requirements, which gauge how new outlets affect surrounding businesses.
The retailer said the figure included a one-off gain of $0.15 per diluted share, tied to IEEPA tariff refunds received during the quarter.
The two companies clarified that the funding will be strictly financial and minority in scope.
