Retail

New agreement calls for LVMH to pay $131.50 a share, saving it roughly $430 million

The rapid antibody tests will cost Kroger customers $25 and can typically provide results within 15 minutes.

As part of a "three-year growth strategy," the New Jersey-based company announced Wednesday that it would "deepen" its connections with five core customer segments. 

On Singles Day, 57% of Chinese consumers said they plan to spend less on American-made products.

Costco has become the latest in a slew of retailers that have dropped coconut products that come from Thai suppliers that have been accused of using monkey labor to harvest the products, PETA officials announced.

More than half of U.S. consumers are considering replenishing their assortment of goods and essential products that they had originally stockpiled during the onset of the coronavirus pandemic earlier this year, according to new research.

With more folks at home during the ongoing pandemic and fewer retail outlets offering traditional, in-person Black Friday deals, a new report from Adobe predicts that online holiday shopping will "shatter" all records from years past.

CarMax is actively rehiring for more than 3,500 permanent positions nationwide after being forced to shed a chunk of its workforce earlier this year as a result of the coronavirus pandemic.

In response to the coronavirus pandemic, Midwestern grocery chain Hy-Vee announced Tuesday it will be the first to introduce an automated cleaning system to sanitize shopping carts.

Mattel is reportedly being accused of cultural appropriation again, after it released a second Dia de Muertos doll, designed to celebrate the Mexican holiday.

Stores across Philadelphia are closing early Tuesday to prepare for another night of unrest following the shooting of Walter Wallace, a 27-year-old Black man who police say was holding a knife and advancing towards them when they shot and killed him. 

U.S. jeweler Tiffany & Co and French luxury goods giant LVMH are in talks to settle their dispute over a $16 billion takeover at a price slightly lower than that initially agreed.

U.S. consumer confidence dipped slightly in October as a new wave of coronavirus cases began across the country.

Those polled estimate they'll spend an average of $805 on holiday gifts this year, down from $942 spent last year before the pandemic.

Ikea’s release of its widely anticipated yearly catalog was stalled as the company removed a potentially offensive photograph showing a Black man trying to assemble furniture while wearing a shirt that, to some, resembled an inmate’s uniform.

Hasbro Inc beat analysts' estimates for quarterly revenue and profit on Monday, boosted by demand for Monopoly and other board games from stuck-at-home parents looking to keep their children entertained.

Workers at Dollar General are among the lowest-paid employees in the retail industry, despite the company's financial gains during COVID-19, a new report from investment bank UBS that analyzed employee-reported salaries on PayScale.  

The move gives the retailer an edge over competitors due to the fact that the product has sold out two years in a row.