Walmart is offering new perks for its hourly workers
June 04, 2024
The earnings results from Best Buy and Kohl’s, announced Thursday, offer the latest evidence of consumers’ cautious spending amid a challenging economic environment
May 30, 2024
Target is reporting a decline in quarterly revenue as still-stubborn inflation cuts into shoppers’ spending
May 22, 2024
Macy’s sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending
May 21, 2024
Walmart is reporting another quarter of strong results as its low prices pull in shoppers scouring for discounts with inflation stubbornly high
May 16, 2024
Macy’s said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain
April 10, 2024
Target on Tuesday reported a 58% increase in fourth-quarter profits that handily beat Wall Street expectations as the discounter held down costs and kept inventory lean
March 05, 2024
Best Buy reported lower fourth-quarter sales and net income as shoppers remain cautious about spending on gadgets
February 29, 2024
Macy’s said it will close roughly 150 locations through 2026, as the company tries to become a more nimble operation
February 27, 2024
Target on Wednesday reported a hefty third-quarter profit increase that handily beat Wall Street expectations, benefiting from efforts to hold down costs
November 15, 2023
New weight loss drugs are reshaping a dieting industry built on eating less and exercising more
April 25, 2024
Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome
May 15, 2024
Target confirmed that it won’t be carrying its LGBTQ+ merchandise for Pride month in June in some stores after the discount retailer received a backlash last year for its assortment
May 10, 2024
Americans increased their spending pace in March at a better-than-expected pace from February, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges
April 15, 2024
Shoppers picked up their spending in February after a pullback the previous month, reflecting the mixed feelings Americans have in an economy where prices are up, but jobs are plentiful
March 14, 2024
Americans took a break from spending in January after splurging during the holiday season
February 15, 2024
Walmart is further sweetening the perks for its U.S. store managers as the nation’s largest retailer and private employer seeks to retain and attract top workers in a still competitive job market
January 29, 2024
Denim giant Levi Strauss & Co. says that it’s slashing its global corporate workforce by 10% to 15% in the first half of the year
January 25, 2024
Americans stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signaling that people remain confident enough to keep spending freely
January 17, 2024
Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying
December 14, 2023
Toy maker Hasbro is cutting about 1,100 jobs, or 20% of its workforce
December 11, 2023
The National Retail Federation has revised a report released in April that pulls back the claim that organized retail crime accounts for nearly half of overall industry shrink, which measures overall loss in inventory, including theft
December 07, 2023
Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements
November 22, 2023
A former model for Abercrombie & Fitch has sued the fashion retailer, alleging it allowed its former CEO Mike Jeffries to run a sex-trafficking organization during his 22-year tenure
October 27, 2023
Paddy Cosgrave, the chief executive officer of a prominent European tech conference called Web Summit, resigned from his role on Saturday amid backlash for his public statements that suggested Israel was committing war crimes
October 21, 2023
Austrian parties scrap election events due to floods
Intel gets up to $3 billion from US for national security related chip production
Vista, Blackstone nearing $8-billion deal to buy Smartsheet, sources say
Ecuador's Noboa seeks constitutional change to allow foreign military bases in country
Scania CEO says committed to Northvolt despite cutbacks, delivery issues
Argentina economy forecast to extend recession in second quarter
Tito Jackson, founding member of the Jackson 5, dies at 70
Some people hate Taylor Swift. Some people love her. I just don’t get her.
Bryce Young benched by Carolina Panthers after QB's rough start, AP source says