Retail

Amazon Prime Day skirts inflation

Prime members saved a record $1.7 billion on more than 300 million items worldwide during this year's two-day extravaganza.

PepsiCo says soda, snack prices may rise

PepsiCo signaled Tuesday that it will likely raise prices on the company's beverages and snacks as raw material costs climb and demand remains steady.

Amazon's Prime Day sparks rival sales

Every year, Amazon's retail rivals launch competing sales around Prime Day. This year is no different for retailers like Best Buy, Nordstrom, Coach and Target.

Gap CEO steps down

The chief executive officer of Gap Inc. has stepped down from her position and from the company's board. Sonia Syngal spent 18 years at the retailer.