Inflation taking a toll on wealthy Hamptonites: Restaurateur Michael Pitsinos
NAIA Hamptons founder and owner Michael Pitsinos says his clientele is less sensitive to price but is still affected by inflation on 'Cavuto: Coast to Coast.'
Pandora trying to 'democratize' diamond jewelry market
Pandora, which is trying to democratize the jewelry market, launched a collection of lab-grown diamond products that are more accessible to all consumers.
Robots that stock drinks at convenience stores aim to automate all 'boring jobs done by humans'
Telexistence, a robot company that operates out of Tokyo, is looking to use a robot, named TX SCARA, to replace 'repetitive' and 'boring' jobs currently done by humans.
Han Solo's blaster sells for over $1M at auction
A blaster actor Harrison Ford used while playing Han Solo in "Star Wars: A New Hope" has sold for over $1 million, according to Rock Island Auction Company.
Kanye West wants to help The Gap boost sales
Kanye West, who signed a ten-year deal with The Gap in 2020, is looking to boost the brand, meeting with executives to outline the vision he wants to take it.
Kanye West speaks to Gap executives about his mission: 'This is Sparta'
Kanye West visited Gap executives and staff in Manhattan to present his vision for the company and his love for the brand
Sam's Club raising annual membership fee for first time in 9 years
The annual membership fee will be $50 for Club members and $110 for Plus members, up from $45 and $100, respectively. Rival Costco last raised its membership fees in 2017.
Bed Bath & Beyond to cut jobs, close underperforming stores as part of turnaround plan
Bed Bath & Beyond will cut about 20% of its workforce and close 150 underperforming stores. Shares fell more than 20% trading after the news was announced.
Bed Bath & Beyond discloses stock offering plan ahead of strategy update, shares fall
The size of the potential stock offering was not disclosed by the struggling home goods retailer, once known for providing shoppers with 20%-off coupons.
Strong demand for beauty products sparks scramble for market share
Strong demand for beauty products shows Americans are still spending on their looks despite higher prices, and companies are scrambling for market share.
Barbie honors first female self-made millionaire, Madam C.J. Walker, with new doll
Mattel's Barbie is honoring Madam. C.J. Walker, the first self-made female millionaire in the U.S., with a doll as part of Barbie's Inspiring Women series.
Chipotle testing chicken al pastor at over 90 locations in two cities
Chipotle Mexican Grill is testing a spicy new protein, chicken al pastor, at over 90 restaurant locations in Denver and Indianapolis for a limited time.
Consumers at 'inflection point,' former Toys 'R' Us CEO argues
Former Toys 'R' Us CEO Gerald Storch explained the "warning signs" from consumers amid the inflationary environment and what it means for the retail industry.
Consumers 'tightening their belts' amid high inflation: Shopping expert
Shopping expert Trae Bodge revealed the best savings for Americans this Labor Day holiday weekend amid an inflationary backdrop on "Mornings with Maria."
Consumers at inflection point: Former Toys 'R' Us CEO
Former Toys 'R' Us CEO Gerald Storch argues there are a lot of warning signs, which are noticeable in the way consumers have been spending their money.
American-made wine company ‘excited, proud’ to move manufacturing back to US
Wander + Ivy founder and CEO Dana Spaulding says the startup's "triple-digit sales growth" has allowed the company to move manufacturing from China to the U.S.
Wander + Ivy wine company ditches China supply chain, ‘proud, excited’ to be made in the USA
After being ‘too small’ to meet American glass manufacturers’ volume requirements, Wander + Ivy CEO Dana Spalding is sourcing ‘premium’ packaging with triple-digit sales growth.
Shopping expert reveals deals to look out for this Labor Day weekend
Trae Bodge reveals the best savings this holiday weekend as consumers are being 'very careful' amid high inflation.
Tanger CEO: As inflation increased so did our retail footprint and customer base
Tanger president and CEO Stephen Yalof discusses the state of retail and what's driving outlet shopping on 'The Claman Countdown.'
Retailers offer more pre-Labor Day sales due to excess inventory
Retailers are trying to cut down on excess inventory by issuing sales before Labor Day. It's offering a bit of relief for shoppers facing high inflation.