Bed Bath & Beyond shutting 37 more stores in February
The closures are part of the company's previously announced plans to close approximately 200 stores and optimize its store footprint.
More Macy’s stores will permanently close this year
The company, which owns Macy's, Bloomingdale's and Bluemercury, plans to close six Macy's on-mall stores as well as one Bloomingdale’s outlet store.
Nike sues Lululemon over Mirror Home Gym, apps
Nike Inc on Wednesday filed a lawsuit accusing Lululemon Athletica Inc. of patent infringement for making and selling the Mirror Home Gym and related mobile apps without authorization.
Bed Bath & Beyond shares surge despite earnings miss
Bed Bath & Beyond's CEO admits the retailer's turnaround could be going better.
Walmart halves COVID-19 paid leave after CDC trims isolation guidance
Under Walmart's updated COVID-19 emergency leave policy, employees who have been mandated to quarantine or have tested positive for COVID-19 will get up to one week of paid leave.
NYC businesses worry new DA will make rising crime worse
FOX Business' Madison Alworth reports from Manhattan where the new district attorney plans to ease jail time for most crimes.
Starbucks stock drops after ‘jumping the gun’ on employees’ vax status: Retail expert
Strategic Resource Group managing director Burt Flickinger on which businesses are struggling with pandemic exit strategies.
Walmart cuts paid leave in half for COVID-positive workers
Walmart workers in the United States who must isolate or who have tested positive for COVID-19 will receive one week of paid leave instead of two under a new policy that aligns with a change in U.S. health guidance.
White House 'strongly supported' Walmart, Kroger selling COVID-19 rapid tests at cost, Psaki says
The White House on Wednesday said it “strongly supported” the now expired agreement by Walmart and Kroger to sell over-the-counter COVID-19 testing kits “at cost” as cases continue to spike.
Macy's reduces store hours amid omicron surge, staffing shortages
For the remainder of January, all Macy's stores will open from 11 a.m. to 8 p.m. local time Monday through Thursday. Friday to Sunday store hours will remain unchanged.
Florida attorney general combats 'smash-and-grab' robberies, organized retail crime
Florida Attorney General Ashley Moody on Tuesday announced legislative efforts targeting organized retail theft crime rings.
Walmart to hire over 3,000 US drivers as it expands home delivery
Walmart Inc said on Tuesday it plans to hire more than 3,000 U.S. delivery drivers and build out a fleet of all-electric delivery vans to support its "in-home" grocery delivery service, its latest investment in its last-mile fulfillment network.
Walmart and Kroger raise prices for BinaxNOW rapid COVID-19 tests
Walmart and Kroger have both raised the price of BinaxNOW rapid at-home COVID-19 tests after an agreement with the Biden administration to sell them at cost has expired
Crocs acquiring casual footwear brand Hey Dude
Crocs CEO Andrew Rees explains what prompted the acquisition, arguing that the move will prove to be 'very valuable in the future.'
Little Caesars raises price of famous $5 pizza for first time in 25 years
The pizza chain Little Caesars is bumping the price of its famous Hot-N-Ready pizza above $5 for the first time in a quarter-century, according to reports.
No end in sight to consumer price increases: Boxed CEO
Boxed co-founder and CEO Chieh Huang discusses the imbalance of supply and demand on 'The Claman Countdown.'
IKEA to raise prices this year
Ingka Group, which owns and operates 392 IKEA stores worldwide, said the move to raise prices reflects the "changing economic conditions affecting all industries."
What the market thinks of the economy heading into 2022
Strategas partner Chris Verrone discusses what sectors could thrive in 2022 on 'Making Money.'
US companies are thriving despite the pandemic—or because of it
Nearly two years after the coronavirus pandemic brought much of the U.S. economy to a halt, public companies are recording some of their best ever financial results.
IKEA raises prices in 2022, blames supply chain issues
Retail Industry Leaders Association President Brian Dodge and H Squared Chief Research Officer Hitha Herzog, discuss the retail outlook for 2022 on ‘The Claman Countdown’