Ford sales down 33% in August amid chip shortage
Ford sales dropped 33.1% in August compared to last year as the semiconductor shortage continues to affect production.
PetSmart recalls dog bowls over laceration risk
The recalled product is described as a set of two elevated metal dog food bowls that sit in a metal base surrounded by a plastic gasket.
These are the most shopped-for grocery items ahead of Labor Day barbecues
Here’s how the following BBQ-related items grew the week before Labor Day last year, compared to the week before, according to Instacart data.
Market expert predicts Powell reappointment as Fed chair, Brainard promotion
Strategic Wealth Partners CEO Mark Tepper discusses the future of the Fed and argues Jerome Powell will be reappointed as chairman.
Stores impose buying limits as consumer confidence drops amid COVID concerns
UBS Financial Services private wealth advisor Alli McCartney and Strategic Wealth Partners CEO Mark Tepper discuss the drop in consumer confidence.
Retailers try to overcome worker shortages by holding hiring events, offering signing bonuses
Burt Flickinger, Strategic Resource Group Managing Director, notes currently there are 'product shortages of unprecedented proportions,' which leads to a need for more workers, including drivers to move merchandise.
Apple Watch update could monitor blood pressure, temperature for fertility planning
Tech analyst and CoinDesk executive editor Pete Pachal on new Apple Watch and Wallet updates that aim to include fertility planning tools and digital IDs.
Costco puts purchase limits back on some items amid COVID-19 surge
Costco recently indicated that it would re-implement purchase limits at some of its store locations as customers stockpile goods during the ongoing COVID-19 case surge.
More Black women turning to guns for personal protection, report says
More and more Black women are considering buying a gun to have for personal protection, industry experts and gun rights advocates told The Associated Press.
Labor Day weekend sales to shop on home furniture, appliances and more
As summer cools down, Labor Day sales are coming in hot with deals on appliances, home furniture, electronics and more items from retailers.
Walmart hiring 20,000 to ease supply chain shortage
Walmart executives said that “having a robust supply chain is more important than ever” to support the company's continued growth.
Walmart, Lowe's, Apple commit to Hurricane Ida relief efforts
Ida, which made landfall in Louisiana and retained hurricane status nearly to Mississippi, knocked out power for over a million residents.
Affirm stock soars on Amazon partnership
Shares of Affirm Holdings are soaring after the company inked a new partnership with Amazon.
IKEA piloting furniture buyback, resale program
The Buyback & Resell service, which will be piloted at IKEA Conshohocken in Pennsylvania through Sept. 19, will allow loyalty customers to return gently used, fully assembled furniture for an in-store credit.
Ida forces Walmart to close over 100 locations in storm's path
The company's continuously updated map was created to help customers "plan for the storm and possible effects."
Should investors bet on fall of brick-and-mortar?
Retail analyst Hitha Herzog and Kristin Bentz of KB Advisory Group share their insights on the state of retail.
Barclays buys $3.8 billion Gap credit card portfolio in the US
Barclays said on Friday its United States arm will buy a $3.8 billion credit card portfolio from Synchrony Bank, as the British lender seeks to grow its U.S. profits and diversify further in to fee-earning businesses.
Lululemon hiring 8,000 workers, hiking pay
Employees will still be eligible for lululemon’s team-based bonus program, giving them the opportunity to earn an extra $3 to $6 an hour on average for achieving store-based goals.
Dollar General, Dollar Tree shares tank after supply chain warnings
Shares of Dollar Tree and Dollar General have plunged during Thursday's trading session as the discount retailers issued new warnings regarding the threat of ongoing supply chain disruptions.