Foot Locker shares sink after weak quarterly results
Foot Locker shares sank on Wednesday after the sports retail company lowered its full-year sales and earnings outlook. Total sales for the quarter slipped 1.4% to $1.96 billion.
Missed the holiday sales? Costco's electronics trade-in program can provide extra shopping cash
Costco has an electronics trade-in program that could help consumers save while shopping at its stores. It could be useful for people that get new phones over the holidays and want to get rid of their old ones.
Cyber Monday spending hits record $13.3B
Consumers spent more than $13 billion online during Cyber Monday, according to Adobe Analytics data, surpassing expectations. The figure was over 7% higher than the prior year.
Why The Container Store could be next retailer to go bankrupt
The Container Store is struggling to stay afloat largely due to market conditions and rising competition. Some experts say it's the next retailer to file for Chapter 11.
The holiday season is a boon for porch pirates: here's how to combat them
Porch piracy continues to be an issue with thieves nabbing billions of dollars worth of packages just last year. SafeWise estimated that 260,000 incidents of package theft occurs daily.
Markets, crypto, stocks are in 'risk-on mode,' expert signals
The Kobeissi Letter editor-in-chief Adam Kobeissi details winners and losers from the holiday shopping season, the headline jobs report number showing 'pockets of weakness' in the economy and the crypto 'Trump bump.'
Cyber Monday is a 'big day': Market expert
Storch Advisors CEO Gerald Storch discusses Black Friday and Cyber Monday shopping.
November jobs report will 'tell the tale' of the Fed's next rate move, expert signals
Harris Financial Group managing director Jamie Cox analyzes post-Thanksgiving markets, retail and jobs sectors and the bitcoin rally.
5 iconic companies that stepped away from 'diversity, equity, and inclusion' initiatives
Iconic American companies like Walmart and Harley Davidson roll back diversity, equity, and inclusion efforts after vowing to push the mantra in the wake of social unrest in 2020.
Thousands of cucumbers, eggs recalled over salmonella concerns
Thousands of cucumbers and eggs sold in North America are linked to two salmonella recalls. Dozens of people have been sickened by the contaminated cucumbers.
Costco will stop selling popular item year-round in January in most US stores: reports
In an effort to lower costs, Costco plans to remove its year-round book section from the majority of its 600-plus stores in the United States starting next year.
Retailers are in a ‘good place’ to meet all of consumers’ wishes this holiday season
National Retail Federation CEO Matt Shay reacts to the latest report that holiday spending is expected to reach $989B this year.
Thanksgiving online spending hits record $6.1B
Online spending hit a record $6.1 billion over Thanksgiving, according to Adobe's most recent estimates, as consumers continue to lean heavily on e-commerce.
Holiday shopping season will be a ‘nailbiter’ for retailers, expert says
Storch Advisors CEO Gerald Storch previews the holiday spending season following a slow year for the retail sector during an appearance on ‘Varney & Co.’
Expert tells US consumers to ‘stock up’ before tariffs take effect
SW Retail Advisors founder Stacey Widlitz breaks down the latest news from the retail sector as companies prepare for the holiday season.
Amazon workers plan to strike between Black Friday and Cyber Monday in several countries, including US
Amazon workers in more than 20 countries plan to go on strike between Black Friday and Cyber Monday to protest the Jeff Bezos-owned company.
Thanksgiving pies: How many does Costco sell?
In 2023, Costco notched sales of 2.9 million pumpkin pies and 1.3 million apple and pecan pies in the U.S. during the Monday, Tuesday and Wednesday before Thanksgiving.
Two historic London food markets, hundreds of years old, to permanently close
The Smithfield and Billingsgate markets have a long history in the city of London, and date back nearly 900 years. They will permanently close in the coming years.
US is in 'our version of the Roaring Twenties,' market expert says
UBS Wealth Management managing director Scott Zelniker and Aquinas Wealth Advisors President Chris McMahon on Kohl's stocks following their earnings report, President-elect Trump's proposed tariffs and momentum with A.I. stocks.
New Taylor Swift book hits Target shelves on Black Friday: What to know
Retail giant Target is aiming to draw in Swifties over the upcoming holiday shopping weekend with an exclusive book, vinyl and CD from superstar Taylor Swift.