Retail

Costco will raise its minimum wage to $16 an hour starting next week, CEO Craig Jelinek said.

Apple products and accessories will be displayed in one location which will be "designed for guests to experience new products through demonstrations."

The economy grew at a slightly faster pace in the final three months of 2020 than first thought, ending a year in which the overall economy shrank more than it had in the past seven decades.

Fry’s Electronics, well known for outlandish themes at some of its stores, from Aztec to “Alice’s Adventures in Wonderland,” is closing.

Amazon has emerged as a dominant force in the burgeoning e-commerce sector, but Costco still holds a key advantage over its retail rival, according to famed investor and Berkshire Hathaway vice chairman Charlie Munger.

The New York Stock Exchange halted GameStop shares twice as shares of the video game retailer surged more than 100% in late trading Wednesday.

Sales of retailers that sell discretionary items have remained pressured since the onset of the pandemic, as declining income among households have prompted people to cut their spending on dresses and suits.

Dunkin’s new menu additions are showing matcha love to the trendy tea powder.

Century 21 is stitching together a comeback bid.

Discount chain Dollar General Corp, one of the few U.S. retailers thriving during the COVID-19 pandemic, is taking steps to find a potential successor to Chief Executive Todd Vasos, people familiar with the matter said on Monday.

Former Walmart U.S. CEO Bill Simon said Kohl's will come back in the second half of 2021.

The Cincinnati-based grocery and pharmacy chain said in a statement Friday that it believes less than 1% of its customers were affected — specifically some using its Health and Money Services — as well as some current and former employees because a number of personnel records were apparently viewed.

Valentino SpA was sued on Friday for $207.1 million by the landlord of its former American flagship on Manhattan's Fifth Avenue, which said the Italian fashion company had no right to break its lease and leave the store in disrepair.

Kroger will shutter two "underperforming" Quality Food Centers in Seattle in response to a new mandate by the city council requiring an extra $4 per hour in hazard pay for frontline grocery workers.

Sturm Ruger & Co. is staffing up in order to meet the “historic surge” in gun demand that has depleted its inventory.