Retail

On a per-share basis, the Irving, Texas-based company said it had profit of 74 cents. Earnings, adjusted for one-time gains and costs, came to 86 cents per share.

PhonePe competes with Alibaba-backed home-grown payments pioneer Paytm and Google Pay

His family is asking a judge to name Hsieh’s father and brother as special administrators of his estate

Costco Wholesale Corp. on Wednesday reported $42.35 billion in sales for the first quarter, reflecting heightened consumer demand for the chain's food products and other merchandise as the coronavirus continued to spread this fall.

Cyber Monday gun background checks surged by 65% this year compared to the same day last year, with more than 123,700 conducted.

Like its competitors, Walmart has been shifting operations to cater to the crush of online shoppers.

The move comes during a holiday season when retailers are increasingly dependent on delivery companies to move online orders as store traffic plummets during the coronavirus pandemic, a dynamic that has shifted power significantly.

The new perk for Walmart+ members begins Dec. 4.

The company in July announced plans to cut its workforce by 20% and shut as many as 500 stores

Trader Joe's -- which was founded in California in 1967 -- has more than 500 locations spread over 42 states and the District of Columbia.

Former Walmart CEO Bill Simon argues that the coronavirus pandemic will challenge department stores, but one-stop shopping outlets will perform well.

Consumer spending increased by 15% over 2019's previous record of $9.4 billion. 

The U.S. Centers for Disease Control and Prevention says holiday shopping in crowded stores is a “higher risk” activity.

The partnership follows Ulta Beauty Inc.'s deal announced in November to open more than 100 shops inside Target Corp. stores by next year and sell its products on the discount chain's website.

Tenants looking for new real estate have consisted primarily of big sellers of groceries, furniture, discount goods and pet supplies that have benefited from people staying at home, brokers say.

In June, the FBI disclosed that over 3.9 million background checks were conducted, the most since the system was created in November 1998.

U.S. stocks clocked a stellar November despite Monday's selling.

Shoppers are projected to spend a record-breaking $10.8 billion to $12.7 billion on Cyber Monday.