GameStop to close 'significant number' of stores in 2025, invest in bitcoin
Video game retailer GameStop on Tuesday announced that it anticipates closing a "significant number" of stores in fiscal 2025 and will invest company cash in bitcoin.
Dollar Tree selling Family Dollar for about $1B
Dollar Tree is selling its Family Dollar business as it struggled to drive traffic. The company is selling the brand to private equity firms to the tune of $1 billion.
Former Target exec pours cold water on ‘grossly exaggerated’ tariff concerns, explains why prices won't rise
Any inflationary pressure from Trump administration tariffs is "not nearly the magnitude" of what "hysterical" people think, according to former Toys"R"Us CEO Gerald Storch.
Costco reportedly stops selling shopper-favorite product
Costco Wholesale has reportedly stopped selling a non-dairy milk option at its warehouses, disappointing fans of the Kirkland Signature-branded product.
Negative impacts of Trump tariffs are 'grossly exaggerated': Gerald Storch
Storch Advisors CEO Gerald Storch quells tariff fears and analyzes the retail environment in the post-COVID era.
Walmart adding more gas stations; Sam's Club, like Costco, will have extended hours
Retail giant Walmart said that more than 45 fuel and convenience stations are set to debut or get revamped this year, which will bring its total count in the U.S. to over 450.
Macy's is closing 66 stores. Here's where they're located
Macy’s named 66 stores in early January that it planned to close this year and, according to reports, a slew of closures went into effect over this past weekend.
Segway recalls 220,000 scooters after consumers report injuries, including broken bones
Authorities have issued a recall for almost 220,000 Segway scooters over safety issues. The recall affects the Segway Ninebot Max G30P and Max G30LP KickScooters.
Risks of buy now, pay later: 'Ticket to overspending,' expert says
Klarna, one of the major players in the buy now, pay later space, is planning to go public. It comes as demand for such services has increased in recent years.
Laundry detergent sold on Amazon recalled due to potentially deadly bacteria contamination
A popular laundry detergent was recently recalled due to bacteria contamination. The bottles were sold on Amazon in January, according to the U.S. Consumer Product Safety Commission.
Businesses may have to pass high beef prices on to consumers
The high price of beef has been weighing on U.S. businesses and consumers, and some businesses will have to make tough decisions on how to cover the increased costs.
Nearly 200,000 Target brand canned vegetables under FDA urgent recall due to 'foreign object'
Hundreds of thousands cans of Good & Gather vegetables were recalled after a "foreign object" led the Target Corporation to file an urgent, voluntary recall.
Egg price spike: We are 'past the tough part,' Agriculture Secretary Rollins says
Agriculture Secretary Brooke Rollins said Tuesday during a FOX Business interview that while egg prices may tick higher, the U.S. is "past the tough part."
Underwater scooter once sold online by Costco, Walmart recalled due to fire risk
Sublue underwater scooters, once sold at Costco, are under recall notice for possible "battery pack overheating and igniting," the manufacturer announced Friday.
Forever 21 store closures accelerated by competition from Shein and Temu
Hundreds of Forever 21 stores are going to close by the end of the month as the company undergoes Chapter 11 bankruptcy protection for the second time in six years.
Market corrections give investors opportunities to 'buy the market,' strategist says
Osaic chief market strategist Phil Blancato analyzes February retail sales and provides his top three stock picks on 'Making Money.'
Market uncertainty opens doors to 'diversify, shift' your stocks where it's appropriate
Hennion & Walsh Asset Management President Kevin Mahn and Prochain Capital President David Tawil explain how market volatility has created the initial stages of its own 'March Madness.'
Retailer Forever 21 files for bankruptcy for second time in 6 years
The U.S. company operating Forever 21 has filed for bankruptcy, marking the second time in six years for the retailer with 350 stores remaining nationwide.
US retail sales rebound moderately in February
Retail sales rose 0.2% last month after a revised 1.2% decline in January, the Commerce Department's Census Bureau said on Monday. The figure missed economists' expectations.
Trader Joe's recalls sparkling water bottles over 'laceration hazard': 'Dispose of them carefully'
Trader Joe's is issuing a recall for certain bottles of imported mineral water due to concerns about "potential for cracked/damaged bottles."