Retail

U.S. home improvement chain Lowe's Cos Inc lifted its full-year sales and profit forecast on Wednesday, as home improvement retailers benefit from resilient demand for tools and building materials.

Shares of Fat Brands tumbled as the company disclosed that CEO Andrew Wiederhorn is under investigation.

American gun sales remained strong in 2021, with nearly 19 million firearms sold legally in the U.S., the second highest total over the past two decades, according to new research from the home and personal safety group SafeHome.

Stock investors endured another volatile session as the Russia-Ukraine crisis continues.

Former Toys 'R' Us CEO Gerald Storch argued that consumer demand “is still building” despite surging inflation, but warned that, in the long term, the situation will end "badly."

Drugs, medical devices, cosmetics and dietary supplements as well as human and pet food products that were stored in a Family Dollar distribution center in West Memphis, Arkansas, are being recalled, according to the notice posted by the U.S. Food and Drug Administration.

Due to inflation, Amazon announced this month that annual memberships will be hiked from $119 to $139. By comparison, monthly Prime memberships will go from $12.99 to $14.99, which equates to about $180 each year.

On Tuesday, Kohl's revealed a list of 400 additional stores in 36 states, from Alaska to Maine, that will have a Sephora at Kohl’s shop.

Federal investigators spent years hunting for clues in the 2016 hacking of the Bitfinex cryptocurrency exchange, when thieves stole bitcoin now worth $4.5 billion. In the end, what helped lead them to two suspects was something much more quotidian: a $500 Walmart gift card.

The masks will be available at the supermarket chain's 106 stores throughout New York, Pennsylvania, New Jersey, Virginia, Maryland, Massachusetts and North Carolina.

U.S. consumers accelerated their retail spending in January as COVID-19 cases eased nationwide, even as they confronted the hottest inflation in four decades.