Cybersecurity the 'trade of the decade': Basenese
Wheelhouse CIO Ann Berry and Disruptive Tech Research president Lou Basenese reveal the best cybersecurity stocks to buy on 'Making Money.'
California crime ring investigation uncovers 15,000 stolen items worth $200,000
During the recent wave of smash-and-grab robberies, California Highway Patrol’s Organized Retail Crime Task Force investigators and the San Francisco Police Department’s Retail Theft Unit discovered a large retail theft operation involving approximately 15,000 stolen items.
National Retail Federation president: No question inflation has been persistent across every category of goods
National Retail Federation President and CEO Matthew Shay discusses the November retail sales report, inflation and consumer spending habits.
Catalogers continue to stuff mailboxes despite postal spike
A big postal rate increase over the summer hasn’t stopped catalog retailers from stuffing mailboxes this holiday season.
Lack of discounts dampening holiday spending, retail expert says
Strategic Resource Group managing director Burt Flickinger argued that shoppers are noticing that discounts are harder to find this holiday shopping season due to higher inflation and, therefore, “consumers are saving more and spending less.”
Retail expert on impact of lack of discounts this holiday season
Strategic Resource Group managing director Burt Flickinger argues inflation is to blame for the lack of promotions, noting that 'consumers are saving more and spending less.'
Open-air malls leading retail recovery
Strategic Resource Group managing director Burt Flickinger weighs in, noting that open-air malls are 'becoming community centers,' offering food, fashion and fitness.
Hobby Lobby raising full-time minimum hourly wage to $18.50
The Oklahoma City-based arts and crafts chain will offer full-time starting pay of $18.50 per hour to its employees beginning Jan. 1, 2022.
'Woke' retailers who asked Congress for help amid smash-and-grabs supported left-wing police reforms
Retail companies that supported groups advocating for left-wing police reforms last year are calling on Congress this year to strengthen measures against rampant organized retail theft.
California Retailers Association fighting for additional retail crime task forces: 'It's not letting up'
The California Retailers Association asked the governor's office for funding for two additional task forces, pushing the total number in the state to five.
Neiman Marcus looks at plan to split into 3 separate businesses: report
Neiman Marcus is exploring a plan that would divide the luxury retail chain into three different businesses.
Apple temporarily closing 3 stores amid COVID-19 concerns
Apple temporarily shuttering three stores as a precautionary measure amid an uptick in COVID-19 cases, the company said.
Luxury brands to bring holiday cheer to investor portfolios
U.S. Global Investors CEO and CIO Frank Holmes and Raymond James chief economist Scott Brown share their lavish picks for a portfolio boost.
Jewelry company Kendra Scott giving away $100K in 12 days
Kendra Scott CEO Tom Nolan explains 'The Giving Gives On' holiday campaign will donate $100,000 to women and children charities across the country.
Retail sales pull back with modest increase as inflation hits consumer spending
Retail sales for the start of the holiday season saw a weaker than expected increase of 0.3% in November, according to the Commerce Department, missing the 0.8% estimate expected by economists surveyed by Refinitiv and well below October's revised 1.8% increase.
Junior's pauses cheesecake production due to cream cheese shortage
Junior's Cheesecake owner Alan Rosen says the famous chain is becoming a victim of their own success.
Apple reinstates mask requirement for US stores amid omicron concerns
Apple is reinstating mask requirements at all U.S. stores due to a recent spike in COVID-19 cases, the company confirmed on Tuesday.
Charles Payne: America experiencing the harsh reality of free money
Retail analyst Hitha Herzog and Kristin Bentz of KB Advisory Group break down the state of the US economy on 'Making Money.'
Kroger will end some COVID-19 benefits for unvaccinated workers
Kroger Co. KR 0.24% is eliminating some COVID-19 benefits for unvaccinated employees, a move to encourage inoculations as the Biden administration’s vaccine mandate faces legal challenges.
Midwestern tornadoes: Walmart, Lowe's, Home Depot donate supplies to help recovery efforts
Many residents, specifically in Kentucky, could be without heat, water or electricity in frigid temperatures for weeks or longer, officials warned.