Retail

IKEA is further cutting its operations in Russia as the war on Ukraine intensifies, which includes drastically reducing its 15,000-employee workforce.

Retail sales unexpectedly dropped in May as consumers – confronted with the hottest inflation since 1981 – pulled back on spending.

Back-to-school shopping season is the second-biggest season for retailers and this year, experts expect sales to grow 7.5%.

The U.S. Consumer Product Safety Commission (CPSC) alerted parents and caregivers that certain rockers from Fisher-Price and Kids2 should never be used for sleep.

As the economy tightens and inflation persists, many corporations turn to "shrinkflation" to push profits higher without shocking consumers with higher prices.

Styling firm Stitch Fix is laying off 15% of salaried positions, mostly in corporate roles and styling leadership, in an effort to return to profitability.

An agency judge has ruled that Home Depot did not interfere with workers rights by preventing them from wearing Black Lives Matter patches on their uniforms.

New Jersey residents will need to show proof of membership to get gas at Costco locations, ending a special perk the state has enjoyed for years.

A couple from Long Island, New York, collected thousands to help donate baby formula to parents. Sheharyar Ali and wife Hina Ghani had trouble finding formula after the birth of their child.

Anthony Bockus, 27, allegedly stole multiple long guns from an enclosed case inside a Walmart in Columbia, South Carolina, and multiple key fobs from a Buick GMC dealership.

At least one tornado impacted areas in Ohio, tearing through the rural community of Tipp City and its retail distribution center. Thousands were left without power.

Prices for online goods remain elevated. However, price increases have been slowing month over month, according to a new report from Adobe Analytics.

Grocers are asking certain brands and suppliers to prove why higher prices are necessary as inflation causes consumers to change their spending habits.