Jewelry retailer shops for buyers amid tariff struggles
Teen jewelry retailer Claire's explores sale options as it struggles with competition, Trump tariffs and consumer spending shifts while facing a $500 million loan due in 2026.
Sam's Club adds 'hot baked' food item to members-only delivery service
Sam's Club introduces pizza delivery service with varieties at $8.98 each, continuing their focus on convenience alongside Scan & Go, AI-powered checkout.
Jewelry thief pleads guilty after pocketing diamonds worth $260K from Manhattan luxury stores
International jewelry thief Yaorong Wan pleaded guilty Monday to stealing $260,000 worth of diamonds from Cartier and Tiffany & Co. in New York using sleight-of-hand and other techniques.
Amazon to spend $4B to expand Prime delivery services to rural America
E-commerce giant Amazon is investing $4 billion with a focus on rural delivery expansion that will allow it to reach 4,000 smaller communities with same-day and next-day shipping.
Grocery giant Kroger to close 60 stores in next 18 months
Kroger plans to close 60 stores over the next 18 months. Affected employees will be offered positions at other locations, the grocer said.
FedEx founder Fred Smith dead at 80
Veteran Fred Smith, who founded FedEx in 1973 with just 389 team members and grew it into a global shipping giant with 500,000 employees, has died.
John Paul Mitchell Systems to relocate headquarters from California to Texas
John Paul Mitchell Systems is relocating headquarters from California to Dallas, investing over $12 million and creating 80 new jobs with support from Texas Enterprise Fund grant.
General Mills latest US food giant pulling artificial dyes from products
Food giant General Mills plans to eliminate artificial dyes from products by 2027, joining industry efforts amid pressure from the Trump administration.
Gap pours $58M into robotics and automation at its largest global distribution facility in Tennessee
Gap Inc. invests millions in Gallatin facility with a focus on robotics and automation, creating 100 new jobs while strengthening American operations.
Gap pours $58M into robotics and automation at its largest global distribution facility in Tennessee
Gap is investing $58 million into robotics and automation at its largest global distribution facility in Tennessee.
Popular grocery chain continues aggressive expansion amid customer demand
Wegmans Food Markets opening new stores in Maryland and Connecticut this summer, marking the chain's first entry into the Constitution State with more locations planned
Fox Business Briefs 6/16
At Home group enters Chapter 11 amid restructuring; Victoria’s Secret faces fresh activist fight; Former Estee Lauder CEO Leonard Lauder dead at 92; Gucci owner picks auto executive for one of global luxury’s top jobs.
Activist investor calls for Victoria's Secret board overhaul amid losses
Barington Capital urged Victoria's Secret to replace its board with directors experienced in brand revitalization, criticizing CEO Hillary Super's leadership strategy.
Home decor retailer files for Chapter 11 bankruptcy as part of restructuring
Home decor retailer At Home Group has entered Chapter 11 bankruptcy to pave the way for a "restructuring support agreement" it has reached with lenders.
Former Estée Lauder CEO Leonard Lauder dies at 92: 'His impact was enormous'
Beauty industry pioneer Leonard Lauder, who transformed Estée Lauder Companies as CEO and president, has died at 92.
Costco to open new stand-alone gas station
Mission Viejo, California approves Costco's first-ever standalone gas station with 40 pumps replacing a former a Bed, Bath and Beyond store.
Frozen food giant's bold gamble to win back America's dinner tables
Frozen food giant Conagra introduces new product lineup amid sales declines as consumers increasingly cook at home and quick-service restaurants promote competitive deals.
Beverage giants target 'fourth category' of alcoholic drinks to bring in younger generation
Hard teas, seltzers and ready-to-drink cocktails form a distinct fourth category in beverages, revamping offerings to connect with a younger generation.
Costco members in higher-priced tier to get new perk
Costco announces executive members can shop one hour earlier than gold star members beginning June 30, as the retailer continues expanding.
Backlash against Target pulling back DEI was driven partly by fake social media accounts: study
Israeli cyber-firm Cyabra finds fraudulent social media accounts amplified backlash against Target following its decision to abandon diversity initiatives.



















