Retailers ‘bloated with inventory’ ahead of holidays: Gerald Storch
Storch Advisors CEO Gerald Storch discusses retailer trends ahead of the holiday shopping season as Amazon launches its Prime Early Access Sale.
Amazon’s Prime Day II signals holiday spending hurdles
Major retailers like Amazon, Walmart and Target are offering earlier holiday deals this year as they extend the shopping season amid rising inflation.
Retailers offer early holiday deals as Americans feel inflation squeeze
Smart shopping expert Trae Bodge advises consumers to 'be cautious' and do their research to find the best prices.
Retail's recent actions 'reek of desperation': Gerald Storch
Storch Advisors founder Gerald Storch discusses why retailers are launching holiday sales early as inflation continues to climb on 'Cavuto: Coast to Coast.'
Texas Pete hot sauce sued after consumer learns product is made in North Carolina
A California man claims that hot sauce maker Texas Pete is using false advertising to sell its sauce after he learned the product was made in Winston-Salem, North Carolina.
Online holiday shopping sales to reach $209.7B this year: Adobe
Online shopping sales are expected to reach $209.7 billion this holiday season amid inflation and rising borrowing costs, Adobe projected Monday.
McDonald’s iconic Happy Meals Halloween buckets have returned
McDonald's has announced the return of their iconic Halloween Happy Meal buckets, featuring McPunk’n, McGoblin and McBoo. The buckets were first introduced in 1986.
Kanye West erupts after Adidas puts Yeezy partnership 'under review' following 'White Lives Matter' statement
Kanye West took to social media to express his frustration with Adidas, after the company announced it would be reviewing their current business partnership.
Rite Aid may place all store items in showcases due to theft in New York City
Rite Aid is contemplating putting all store goods in showcases in New York City in an effort to curb retail theft, according to a report from Fox 5 New York.
Wawa plans to open new locations in Georgia by 2024
Pennsylvania-based gas station and convenience store chain Wawa will open new locations in Georgia and North Carolina by 2024. Wawa operates nearly 1,000 stores.
Juul cancels plan to expand outside US, to lay off staff: report
E-cigarette maker Juul Labs Inc. is canceling plans to expand outside the U.S. as the company continues a dispute with the U.S. FDA, according to a report.
Used car price drop hurting sellers, but is it good for buyers yet?
Used car wholesale prices are dropping, but that hasn't translated into lower retail prices yet, according to the latest data from CarMax and Kelley Blue Book.
Amazon planning to hire 150,000 workers for holiday season
Amazon employees can earn more than $19 per hour, on average, depending on the position and location. Sign-on bonuses ranging from $1,000 to $3,000 are also available.
REI makes closing its stores on Black Friday permanent
Outdoor retailer REI announced Tuesday it is making its practice of remaining closed on Black Friday and paying its employees to go outside permanent.
Brands promoted on TikTok 'more relevant' to younger consumers: Larry Cheng
GameStop board member Larry Cheng predicts a 'better than expected' holiday shopping season.
Tupperware selling at Target stores nationwide
Tupperware CEO Miguel Fernandez said Monday in a LinkedIn post that Target is now selling the brand's popular food storage containers at its U.S. stores.
Affirm is ‘bringing consumers their spending power back’ amid economic ‘turbulence’: CEO
Affirm co-founder and CEO Max Levchin argues consumers need more access to credit and purchasing power amid decades-high inflation and the Fed's rate hikes.
Affirm giving purchasing power back to consumers amid economic ‘turbulence’: CEO
Affirm co-founder and CEO Max Levchin argues people need more access to credit in an inflationary environment.
Affirm CEO is ‘a big believer in the American economy’
Affirm co-founder and CEO Max Levchin believes the U.S. consumer is still ‘quite healthy,’ and the company’s outlook is ‘relatively strong.’
Cheese sold at Whole Foods, Albertsons, Safeway and others recalled over listeria concerns
Brie and Camembert products that were sold to over a dozen retailers were recalled over possible listeria contamination, according to health officials.