Retail

Furniture giant Wayfair is slashing 870 jobs in order to become more profitable after its quarterly results released earlier this month missed expectations.

Inflation is straining school budgets nationwide, as districts are forced to pay more for everything from school supplies in the classroom to maintaining the bus fleets picking up kids.

Bed Bath & Beyond shares have jumped more than 268% this month with much of the volatility driven by the retailer’s second largest shareholder, Ryan Cohen’s RC Ventures.

A Lowe's spokesperson told FOX Business that the "Winning Together" profit-sharing bonus will be paid to front-line store, supply chain and contact center associates in the U.S. on Sept. 9.

High inflation has made Americans less inclined to spend on clothing, shoes and other non-essentials, pressuring demand at retailers and leaving them with bloated inventories.

Ryan Cohen of RC Ventures, the second largest investor in Bed Bath and Beyond, filed a proposed sale of his nearly 9.5 million shares.

Former Toys 'R' Us CEO Gerald Storch weighs in on earnings reports from Walmart and Target as well as retail data on "Varney & Co."

Consumer electronics retailer Best Buy will also launch a new online hearing assessment tool and host an in-store experience for hearing devices in more than 300 stores.

Bed, Bath & Beyond retail trading activity comes after Chewy.com co-founder and GameStop chairman Ryan Cohen's RC Ventures purchased call options on more than 1.6 million shares.

Target profits tumbled 89% in the second quarter due to inflation limiting consumer spending and a pileup of inventory blamed on supply chain problems.

Stacey Widlitz, the founder of SW Retail Advisors, weighed in on new retail data, which revealed that inflation is impacting consumers' ability to spend on discretionary items.  

An industry expert explains how cash-strapped consumers can navigate grocery shopping as inflation sits near 40-year highs and supply chains face disruptions.

The hottest inflation in nearly 40 years is starting to weigh on consumers, who pulled back on spending at retail stores in July, the Commerce Department said.