Retail

Nike Inc. shares surged to a record high Friday as customers splurged on sneakers and sportswear as they looked to refresh their wardrobes coming out of the COVID-19 pandemic.

Big-box retailer Walmart is using artificial intelligence to aid customers and personal shoppers and better handle still-surging online demand for groceries amidst the COVID-19 pandemic.

One of America’s largest labor unions passed a resolution Thursday designed to aid Amazon. com Inc. workers in eventually achieving a union contract, a move aimed at putting further labor pressure on the e-commerce giant following a recent failed unionization effort in Alabama.

Nike Inc. posted record quarterly sales, topping $12 billion for the first time in its history, on pent-up U.S. consumer demand for sneakers and sportswear this spring.

Winter clothing maker Canada Goose announced Thursday that the firm will stop purchasing fur by the end of this year and will go fur-free by the end of 2022.

Ikea’s apology for its controversial Juneteenth-themed lunch menu is leaving a bad taste in the mouths of Georgia’s Black community leaders.

FedEx Corp. suspended about 1,400 customers of its Freight shipping service earlier this month, a move that surprised customers and was aimed at easing a congested network taxed by relentless package volume.

Bicycle and sports equipment sellers are facing a second bicycle shortage after an initial shortage occurred in 2020.

Winnebago CEO Michael Happe suggests a record number of sales is due to a rise in demand amongst younger buyers.

The number of people stopped from buying guns through the U.S. background check system hit an all-time high of more than 300,000 last year amid a surge of firearm sales, according to new records obtained by the group Everytown for Gun Safety.

Online spending in the U.S. hit a one-day record high for the year on Monday, the first of Amazon's two-day Prime Day sale event, according to the Adobe Digital Economy Index.

Retailer Ikea is under fire after one of its stores reportedly sent out a lunch menu for a Juneteenth celebration that is said to have featured certain dishes that perpetuate racial stereotypes.

GameStop has raised $1.13 billion in fresh capital after completing an at-the-market offering that sold five million shares.

Saks Off 5th will split its brick-and-mortar stores from its e-commerce business

Amazon's Prime Day will be held on June 21 and June 22 – offering more than 2 million global deals over a 48-hour span for Prime members.