Retail

Last full-size Kmart in US to close

The last full-size U.S. Kmart store location, which is in New York, is reportedly set to close in October 2024, leaving only one smaller store remaining.

Nike's new CEO: What to know

Nike has pulled longtime company veteran Elliott Hill out of retirement to serve as president and chief executive, replacing CEO John Donahoe.

Sam's Club boosting pay for workers

Sam's Club is increasing wages for its frontline workers in an effort to retain staff. This announcement comes ahead of the busy holiday shopping season.