Nearly half of Costco's new members are under 40 as retailer bucks industry traffic decline
CFO Gary Millerchip says Costco attracts younger shoppers under 40 through digital sign-ups, with 81 million total paid members reported.
FOX Business Briefs 10/6
Merger Monday: Fifth Third Bank is buying Comerica; retailers kick off fall sales; Sharpie cuts costs by manufacturing in U.S.
Rite Aid closes down all remaining stores after bankruptcy
Rite Aid has permanently closed all stores after filing for bankruptcy twice in two years, ending the pharmacy chain's 60-year operation in the U.S.
College football players transform hydration frustration into billion-dollar company: 'Stick to your guns'
Former Dartmouth football players created Cirkul, a billion-dollar Florida company that transforms hydration with customizable water bottles and over 150 flavors.
The mystique of Hermès: The Birkin bag is a rare investment that defies depreciation
Unlike most fashion items that lose value, the Hermès Birkin holds its worth, with entry prices near $15,000 and an acquisition process shrouded in secrecy.
Costco members will soon have access to weight-loss shots at a major discount
Costco is partnering with the healthcare company Novo Nordisk to give members access to GLP-1 medications at just $499 for a four-week supply.
Costco probably has the most unassailable franchise in retail right now: Andrew Bary
The 'Barron's Roundtable' panel discuss big-box retailers beating competition on value, their innovation and revenue models.
Tanger CEO reveals tactic that was a ‘great driver’ to their shopping centers
Tanger CEO Stephen Yalof gives his outlook for the holiday and retail shopping season, their occupancy rate and their market performance on 'The Claman Countdown.'
This 'bullish' retail investor continues to push the market higher: Equity strategist
Citi U.S. Equity Trading Strategy head Stuart Kaiser analyzes how the government shutdown and Gaza peace agreement affect investments and reveals who is 'extremely active' in the market on 'The Claman Countdown.'
'Don't pressure young children': Katrina Campins reveals what is 'shoved' in her son's face
'The Big Money Show' discusses companies facing backlash over activist marketing.
Amazon unveils 'price-conscious' grocery brand featuring more than 1,000 items nationwide
Amazon Grocery offers more than 1,000 food items rated 4 stars or above, including fresh produce, meat, seafood and pantry staples, with most priced under $5.
American Eagle CEO stands by viral Sydney Sweeney ads after controversy, won't bow to 'fear'
Jay Schottenstein, the CEO of American Eagle Outfitters, said during an interview that the company stands behind its viral Sydney Sweeney ad campaign.
1.2 million countertop ovens sold at major retailers recalled for burn hazard
Oster recalls more than 1 million countertop ovens after 95 injury reports, affecting seven models sold at major retailers nationwide and online.
Century-old American Hat Company sees spike in demand as Western lifestyle becomes 'very popular'
Texas-based cowboy hat manufacturer American Hat Company, which sells a variety of straw and felt hats, attributes booming business to increased interest in Western lifestyle.
Harrods customer data stolen from system of 'third-party provider' in latest UK cyber incident
Harrods, a luxury department store based in London, notified customers after personal data was breached through the system of a "third-party provider."
Beloved stuffed animal company’s CEO on continued success
Build-A-Bear CEO Sharon Price John talks company expansion, dealing with tariffs and keeping prices steady on ‘The Claman Countdown.’
Cracker Barrel-owned chain closes 14 locations
Maple Street Biscuit Company closed 14 underperforming locations as parent company Cracker Barrel faces continued fallout from its failed rebranding effort.
Target unveils game-changing self-checkout technology designed for blind customers nationwide
Steve Decker, Target's senior manager of accessibility, helps develop new self-checkout systems with braille, audio prompts and tactile controllers for visually impaired shoppers.
Target to roll out accessible self-checkout for blind customers by 2026
Target is rolling out accessible self-checkout for blind customers to all of its stores by 2026.
Costco's exclusive hours for executive members 'very well received,' drive sales boost of 1%
Costco Wholesale reported its earnings results, noting that extended hours for executive members have boosted U.S. weekly sales by 1% since being introduced in June.