CEO picks up gas tab for workers amid soaring inflation
Driftwood Garden Center CEO Craig Hazelett says the current labor shortage and the fear of losing existing workers prompted him to cover the cost of gas.
American consumer changing spending habits thanks to high gas prices: Fullman
Fidelity Investments VP John Gagliardi and CCO Revere Securities Scott Fullman discuss how inflation is impacting consumer spending on 'The Claman Countdown.'
Expect stock market to continue to sink until at least mid-July: Expert
Seaport Securities founder Teddy Weisberg and Carnivore Trading CEO Dutch Masters discuss if there are any safe places for investors on 'The Claman Countdown.'
RV companies revving up for sales rebound as demand drives up
FOX Business' Madison Alworth speaks to Winnebago brand manager Bobby Hensinger on changes within the RV market.
Retail investors 'severely wounded' in this market: Expert
Evolution VC Partners founder Gregg Smith discusses volatility in the markets and the impact it will have on retail investors.
Shopify president: We’re seeing ‘retail rebound’
Shopify President Harley Finkelstein discusses how the pandemic impacted his business.
Inflation pinching middle class the most: Expert
Refinitiv director of consumer research Jharonne Martis discusses the strength of households and the consumer as recession looms on 'Making Money.'
Ben & Jerry's sues parent company Unilever to stop sale of its Israeli business
Ben & Jerry's filed a lawsuit in federal court against its parent company, Unilever, to try and stop the sale of its Israeli business to a local licensee.
West Coast dockworkers still talking after contract expires
Shipping companies and West Coast dockworkers are still talking after a contract expired last week. The parties to prevent a strike that would further extend current supply chain problems.
Costco ends gas exception for New Jersey drivers
New Jersey drivers will have to show proof of Costco membership in order to purchase gas at their pumps as the company changes their policy after 18 years.
CDC links ice cream brand to deadly Listeria outbreak
The CDC has linked a Big Olaf Creamery to a Listeria outbreak that has killed one person in Illinois and sickened 22 others, but the company claims nothing has been proven.
Burger King employee awarded gift bag for never missing a day in 27 years receives $300K in donations
A Burger King employee who never missed work in 27 years received nearly $330,000 in donations after a video showed him being rewarded with a small gift bag.
Vidalia onions sold at Wegman's, Publix recalled over listeria concerns
A&M Farms, based in Lyons, Georgia, recalled Vidalia onions that were shipped to five states and made available at Wegman's and Publix locations.
Kohl's shares sink after ending sale talks with Franchise Group, lowering outlook
Kohl's received an initial bid of $60 per share from The Vitamin Shoppe owner valuing the retailer at about $8 billion. However, it later submitted a revised $53 per share offer without definitive financing arrangements to consummate a transaction.
Bed Bath & Beyond replaces CEO Mark Tritton
Bed Bath & Beyond CEO Mark Tritton will be replaced by independent board director Sue Gove on an interim basis.
Inflation keeping some consumers from Prime Day shopping
Consumers are even shying away from Amazon's 48-hour Prime Day shopping event due to surging inflation, according to a new report.
Analysts say Bed Bath & Beyond stores turned down air conditioning to save money
Analysts are accusing Bed Bath & Beyond of turning off the air conditioning in stores to cut costs as the retailer struggles with a substantial drop in sales.
Retailers weigh cost of paying customers to keep unwanted items
Some retail chains like Target and Walmart are weighing the possibility of paying customers to keep their unwanted items instead of returning them amid a surplus of inventory.
CVS, Walmart, Rite Aid limiting purchases of Plan B pills following SCOTUS ruling
Some large retailers will be limiting purchases of emergency contraceptive pills amid increased demand because of the Supreme Court's overturning of Roe v. Wade last week.
400K patio umbrellas sold at Costco recalled over fire risk
The patio umbrellas, which boast solar panels and LED lights, have a manufacturing defect that can result in the umbrella being burned or catching on fire.