Retail

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.

Costco customers at four of the retailer's Chicago-area warehouses had their payment information compromised after employees discovered five card-skimming devices during routine PIN pad inspections at the end of August.

Automobile manufacturers and retailers are looking at a quiet holiday season as they cut promotions during a supply chain crisis that does not appear to be improving.

Since June 2020, pregnancy test sales have "accelerated meaningfully," growing 13% year over year, according to Bank of America research and Nielsen data.

Strategic Resource Group managing director Burt Flickinger argued that Americans are experiencing “one of the worst crises in modern retail history that we've seen and it has all evolved in less than a year.”