Retail

Storch Advisors CEO Gerald Storch forecasts a tough Christmas for retail, saying rising inflation will force consumers to spend less money this holiday season.

Plant-based meat sales declining, industry appears to be suffering from "woke" perception problem, according to report. Just last week Beyond Meat announced it suspended COO Doug Ramsey.

Macy's announced plans to hire 41,000 full and part-time seasonal workers for the upcoming holiday season. Over 10,300 seasonal workers in 2021 joined the company full time.

Amazon, Target and Walmart are companies that have already launched holiday deals starting as early as October. The early deals will help shoppers battle inflation.

Unilever CEO Alan Jope will retire from the company at the end of next year, according to a press release. He has been at the helm since January 2019.

Companies from Walmart to UPS have already announced holiday hiring plans ahead of the gift-giving season. FOX Business breaks down what companies are hiring and what they offer.

Costco last raised its membership fees in June 2017. It currently charges $120 per year for executive memberships and $60 per year for its Gold Star and business memberships.

Sources familiar with the matter told FOX Business that Ancora believes Kohl's board member and former Burlington Stores CEO Thomas Kingsbury could work as a possible successor to either Gass or Boneparth.

Target announced Thursday that it plans to hire 100,000 seasonal workers to support its operations over the busy holiday season, which is in line with last year.

Scammers are now trying to target the wine and spirits industry. They're trying to take advantage of consumers amid supply chain shortcomings and inflation.

U.S. fast fashion brands such as Forever 21 and American Eagle are set to return to the Japanese retail market. They both previously left the market in 2019.

The Toy Insider editor-in-chief Marissa Silva provides insight on the difficult impact inflation is expected to have on consumers during the holiday season.

One lot of Salon Technologies International Inc.'s Antica Ocean Citron Hand Sanitizer alcohol gel is being recalled after it was found that the product contained benzene.

Halloween-related spending is expected to reach a new record this year even with painfully high inflation, according to the nation's largest retail trade group

Walgreens has announced that it will be purchasing the remaining state in Shields Health Solutions for $1.4 billion. This will up Walgreen's stake in the company from 70% to 100%.

Gap is eliminating about 500 corporate jobs, after enduring years of slumping sales at the flagship Gap brand and more recently at the Old Navy chain.