Retail

Shapewear company SPANX Inc., on Thursday announced a new list of high-profile investors, including Oprah Winfrey, Reese Witherspoon and Bumble dating app founder Whitney Wolfe Herd.

CVS Health CEO Karen Lynch noted that its retail stores are still “fundamental" to its strategy.

Macy's swung to a profit in the third quarter and sales surged 36% as shoppers begin to buy dresses, luggage and other goods that fell to the bottom of the shopping list last year when the pandemic struck.

Best Buy founder Richard Schulze said that he is “feeling really good about the holiday season” despite rising inflation.

Target and Walmart delivered a sign of encouragement for holiday shoppers that are not only battling inflation but who have feared sparse store shelves amid the supply chain crisis.

This holiday season is expected to be a record for online shopping in the U.S., which could mean an uptick in package thefts from porches, according to reports.

Consumer spending accelerated in October as shoppers kicked off the holiday shopping season earlier than usual due to the supply chain bottlenecks.

More shoppers visited stores than they did in the same period last year, with traffic up 5.7% and spending per trip up 3.3%, a sign that shopping habits may be normalizing after last year's extreme shifts in buying behavior.

Home Depot Inc.’s results were better than expected in the latest quarter, a sign that the home-improvement retailer could be avoiding the worst effects of the supply chain snarls reverberating across the economy.

Retailers are already announcing Black Friday sale items, so FOX Business created a round-up of some top picks

Costco has launched a recall of a Kool-Aid drink mix that may contain fragments of metal or glass, warning customers of the dangerous Kool Aid.