How much shrink and retail theft cost Lowe’s, Target, Macy’s
A range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits. But some of those companies have started to offer more …
Target Corp
Walmart cuts starting pay for new hires who prepare online orders, stock shelves
A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early …
Walmart tries to grow third-party marketplace with Las Vegas event
Walmart is hosting its first seller summit businesses that are part of its third-party marketplace. The two-day event includes how-to sessions and remarks by the retailer’s top leaders. Melissa Repko …
Instacart files to go public on Nasdaq to unfreeze tech IPO market
Instacart, the grocery delivery company that slashed its valuation during last year’s market slide, filed its paperwork to go public on Friday in what’s poised to be the first significant …
Abercrombie & Fitch (ANF) earnings Q2 2023
Abercrombie & Fitch Courtesy: Abercrombie & Fitch Shares of Abercrombie & Fitch soared in early trading, after the retailer crushed Wall Street’s quarterly earnings and sales expectations and raised its forecast …
Lawmakers eye sale of recalled baby products on Facebook in safety push
Jaap Arriens | Nurphoto | Getty Images WASHINGTON — House lawmakers cited the continuing sale of recalled baby products linked to infant deaths on Meta‘s Facebook in a round of …
Why the German grocer is expanding in the U.S.
No-frills discounter Aldi is the latest grocer to shake up the industry with big moves. The German retailer announced this week that it plans to acquire about 400 Winn-Dixie and …
Buy Buy Baby, Harmon Face Value stores to reopen
Bed Bath & Beyond may never return to its brick-and-mortar heyday, but the doors at former corporate siblings Buy Buy Baby and Harmon are set to reopen, CNBC has learned. …
Walmart and Target earnings and outlook: Key trends for retailers
A customer pushes a shopping cart full of groceries outside a Wal-Mart in Rogers, Arkansas, left, and a pedestrian passes a Target store in the Tenleytown neighborhood of Washington, D.C. …
Stock market today: Live updates
CVS Health, regional bank stocks among biggest weekly S&P 500 losers Stocks making the biggest moves in Thursday trading Check out some of the companies making headlines in Thursday trading: …