Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales due to Americans pulling back on purchases of appliances and consumer-electronics gadgets to focus on essentials
August 29, 2024
Macy’s swung back to a profit in its second quarter but suffered yet another sales decline as inflationary weary shoppers rein in spending, with their focus increasingly on buying the essentials
August 21, 2024
Grocery aisle deals for cash-strapped customers and an emphasis on affordable but stylish clothes has helped Target reverse a year-long sales slump
August 21, 2024
Five Below says its CEO and President Joel Anderson has stepped down amid languishing sales at the discount retailer catering to teens
July 16, 2024Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy
July 16, 2024
Walmart has spent three years overhauling its mix of adult apparel to make it stylish as well as sensible for middle America
July 16, 2024
Target says it will no longer accept personal checks from shoppers as of July 15
July 09, 2024
The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus for $2.65 billion
July 04, 2024
The Federal Trade Commission has unanimously voted to bring a lawsuit against mattress maker Tempur Sealy to block its $4 billion acquisition of Mattress Firm, saying the deal would allow the world’s largest mattress supplier to suppress competition that would result in higher prices for shoppers
July 02, 2024
Shares of a Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 17% in its Wall Street debut
April 18, 2024The head of the Anti-Defamation League said in a post on X on Thursday that he was in touch with Adidas CEO Bjorn Gulden who apologized for his remarks about Kanye West and reiterated the sportswear company’s fight to end antisemitism
September 21, 2023
Consumers barely increased spending in May from April as still high inflation and high interest rates curbed spending
June 18, 2024
With Pride Month in full gear, U.S. shoppers can find the usual merchandise many stores stock for the June celebration of LGBTQ+ culture and rights
June 16, 2024
Walmart is launching its biggest store-label food brand in 20 years in terms of its breadth of items
April 29, 2024
The Federal Trade Commission sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Ltd
April 22, 2024
The largest U.S. retail trade group is forecasting that the country's retail sales will increase anywhere between 2.5% and 3.5% this year
March 20, 2024
Walmart reported another quarter of stellar results, ending the year on a high note as its low prices attract shoppers looking for deals in a still economically challenging environment
February 20, 2024
Nike is cutting 2% of its global workforce, or a little over 1,600 jobs, as the athletic wear giant aims to cut costs and reinvests its savings into what it sees as big growth areas like sport, health and wellness
February 16, 2024
Gap has tapped American fashion designer Zac Posen as the chain's creative director
February 05, 2024
Walmart plans to build or convert more than 150 U.S. stores in the next five years, while continuing to remodel existing stores
January 31, 2024
Walmart is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders
January 18, 2024
Levi Strauss & Co. says that its CEO will step down in January and hand over the reins of the jeans maker to his appointed successor
December 07, 2023
Best Buy Co. posted stronger-than-expected profits, but reported a deeper-than-expected drop in revenue for the fiscal third quarter as shoppers continue to pull back on buying gadgets in an uncertain economy
November 21, 2023
Walmart extended its streak of strong quarterly gains heading into the holiday season as its low-prices continue to attract shoppers looking for deals in a tough economic environment
November 16, 2023
The National Retail Federation, the nation’s largest retail trade group, expects shoppers will spend more this year than last year, but their spending pace will slow given all the economic uncertainty
November 02, 2023
Multiple people shot along I-75 south of Lexington, Kentucky, authorities say
Police say active shooter in Kentucky left numerous people shot
Musk says SpaceX to launch first uncrewed Starships to Mars in two years
Pope to bring in a ton of humanitarian aid to remote Papua New Guinea as he celebrates periphery
North Korean leader emphasises importance of strengthening naval power
Former director of Los Alamos National Laboratory dead after car crash in New Mexico
Tennis-Sabalenka survives Pegula storm to win U.S. Open women's title
Anderson .Paak's 'K-Pops' draws on an identity rooted in two cultures