Nike won't renew franchise agreements in Russia: report
Nike has reportedly not renewed franchise agreements in Russia. The athletic clothing brand announced it would temporarily suspend operations at all its Nike-owned and -operated stores there due to Russia's invasion of Ukraine.
Walmart expands drone delivery to 4 million households
Walmart customers can receive up to 10 pounds worth of eligible items in each drone order in as little as 30 minutes. Every drone order will be charged a $3.99 delivery fee.
Walmart pulling Juneteenth themed products from shelves after social media backlash
Social media outrage has caused Walmart to pull Juneteenth themed ice cream as well as other products from its shelves while also issuing an apology.
Inflation hits Best Buy annual sales
Best Buy said it was expecting full-year comparable sales to fall 3% to 6%, compared with its previous forecast of a 1% to 4% drop.
FedEx delivery deal could decrease transportation costs: Boxed CEO
Boxed CEO Chieh Huang discusses inflation and the health the global supply chain on ‘The Claman Countdown.’
Craft brewery industry rebounds near pre-pandemic levels
The brewery industry, which is celebrating American Craft Beer Week, is rebounding from the pandemic, growing 8% in the last year, according to the Brewer’s Association.
Apple store in Maryland sets date for union election
A group of Apple employees in Maryland known as AppleCORE will hold a union election June 15 after filing a petition with the National Labor Relations Board in May.
FDA chief grilled on baby formula crisis, delivers mixed message
On Thursday, Robert Califf said Abbott’s Michigan formula plant could be up and running by next week, but skirted questions about whether the FDA should have addressed problems at the facility sooner.
Philadelphia businesses 'closing left and right' over increase in shoplifting: 'Very dangerous'
An increase in shoplifting at Philadelphia convenience stores is forcing the outlets to close, merchants say.
Inflation’s ‘big shift’ coming from gas prices: Stew Leonard
Stew Leonard’s president and CEO Stew Leonard says every supplier is talking about fuel prices.
Stew Leonard’s buys $100K worth of baby formula from Germany
Stew Lenoard’s president and CEO Stew Leonard discusses his company’s efforts to sell baby formula in its stores for the first time amid the nationwide shortage.
Federated Hermes CIO on possible recession: It’s time to get defensive
Federated Hermes CIO Stephen Auth and Carillon Tower Advisers chief market strategist Matt Orton discuss the likelihood of a recession on ‘The Claman Countdown.’
Arkansas Family Dollar facility tied to rodent infestation closing for good
Following an FDA inspection, the company recalled several products including drugs, medical devices, cosmetics and dietary supplements as well as human and pet food products, that were stored in the West Memphis facility and shipped to 404 of its stores across Tennessee, Arkansas, Alabama, Missouri, Mississippi and Louisiana.
Apple accused of union busting at World Trade Center store
The Communications Workers of America has accused Apple of violating federal labor laws at its World Trade Center store through illegal activities including "interrogating staff, surveillance, restricting the posting of union fliers and requiring employees to attend mandatory anti-union speeches."
Virginia Target workers plan to refile petition for union election within next few weeks
Target Workers Unite, founded by Adam Ryan who has been working at Target Virginia store for five years, told FOX Business that they did not have enough valid signatures to pursue an official election under the supervision of the U.S. National Labor Relations Board.
Big name retailers continue to get ‘squeezed’ by inflation and supply chain costs: Larry Cheng
Volition Capital managing partner Larry Cheng discusses his outlook for the stock market and analyzes the significant earnings misses for large retailers on ‘Varney & Co.’
Kohl's becomes latest retailer to warn of inflation eating into profits
The company said it expects fiscal 2022 per share adjusted earnings of $6.45 to $6.85, compared with its previous forecast of $7.00 to $7.50.
Target, Walmart’s inflation warning bad omen for stocks, economy
Walmart and Target, solid barometers of consumer spending, didn't mince words on sky-high inflation.
Fed not equipped to get inflation under control: Market analyst
The Cow Guy Group founder Scott Shellady and TJM Investments managing director Tim Anderson analyze the impact of inflation and gas prices on the retail sector.
Atlanta-area Taco Bell employee accused of firing assault rifle at work, injuring 2
Police in the Atlanta area say they are searching for a Taco Bell employee after a double shooting in a restaurant’s parking lot Wednesday in South Fulton.



















