Retail

Nike said it plans to announce a new head of its North American geography "shortly."

Omer Ismail, a Goldman partner and the head of its Marcus consumer unit, is leaving the bank to run a recently announced Walmart financial-technology startup.

Tonal shops will pop up in 40 Nordstrom stores across the country as the at-home fitness trend continues to soar during the pandemic.

The company accelerated the development of this service to nearly 1,000 stores in early May when widespread lockdowns kept virus-weary consumers at home and out of stores. 

AutoZone announced Wednesday that employees who complete their COVID-19 vaccinations will receive $100 from the company. 

The coronavirus pandemic spurred a boom in gaming, but now there is a huge shortage in Microsoft's new Xbox and Sony's PS5, which both debuted last November. 

L Brands still plans to move forward with plans to separate the two businesses. 

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.