REI to shutter downtown Portland store amid 20-year high in break-ins: 'Overwhelming systems in place'
REI is shuttering its location in the Pearl District of downtown Portland amid an unprecendented surge in break-ins at the location. The city has been experiencing a crime crisis.
Organized retail crime is growing in 'scope and complexity,' NRF says
The National Retail Federation, an industry trade group, issued a new report on retail crime that could help retailers and law enforcement stay ahead of this ongoing threat.
Consumers opening their wallets for an 'experience, over things': Jharonne Martis
Refinitiv director of consumer research Jharonne Martis notes how bars and restaurants saw yearly sales surge in a post-pandemic era.
Ben & Jerry's workers in Vermont unveil plan to unionize
About 40 workers at the Ben & Jerry's ice cream shop in Burlington, Vermont, said they plan to form a union, seeking a voice on issues like salary and health care costs.
Stuart Varney: These corporations are pushing politics as much as product
FOX Business' Stuart Varney discusses the fallout Bud Light has received since its controversial partnership as corporations are encouraged to embrace the corporate equality index.
David’s Bridal will close all stores in Chapter 11 unless buyer emerges
Sunday's bankruptcy filing marks the second in less than five years for David's Bridal, which supplies wedding gowns to one out of every four brides in the U.S.
Apple to open new India stores in major commitment to world's 5th-largest economy
Apple CEO Tim Cook has put India squarely in focus for the company's plans moving forward as he looks to gain some distance from China after a troubling few years.
CVS 'gender transition' guide says employees must use preferred pronouns, can use bathroom reflecting identity
CVS Health informed employees that transgender workers may use bathrooms corresponding with their gender identity and must be referred to by their preferred pronouns.
Walmart merchandising chief stepping down
Walmart's chief merchandising officer Charles Redfield is leaving the role, according to The Wall Street Journal, as the retail giant faces changing consumer behavior.
Best Buy lays off hundreds at stores as sales move online
Best Buy has made a string of store-level job cuts over the past two years as competition from online retailers has continued to erode sales in its physical stores.
California business owner closes beauty stores due to retail crime: 'My passion has been stolen'
Evette Ingram combined her passion for wigs and helping women and opened Evette's Beauty Supply. After being targeted by robbers and burglars several times, she is closing up shop.
SVB collapse is causing venture capital to dry up: Julie Wainwright
The RealReal founder and former CEO Julie Wainwright discusses the startup landscape and the problems facing small businesses as regional banks struggle on 'The Claman Countdown.'
Former Home Depot CEO issues grim warning over US bankruptcies: ‘It’s different than anything I’ve seen’
Former Home Depot CEO Bob Nardelli reacts to March's worse-than-expected retail sales, predicting that the U.S. economy will have a surge of bankruptcies.
Thieves steal $25K worth of merchandise from California beauty store
A California business owner says she has shut down all five of her beauty stores after getting robbed several times. Credit: Evette Ingram
Americans' wallet power shrinking amid market pressures: Retail panel
Storch Advisors CEO Gerald Storch, Strategic Resource Group managing director Burt Flickinger, Greenwood Capital CIO Walter Todd and Bullseye American Ingenuity Fund's Adam Johnson debate the retail market outlook.
NY family business owner speaks out as his business risks closure: 'It's tough'
Frankel's Shoe Store owner Erik Frankel discusses the economic, crime and home ownership pressures that put his family business at risk.
US economy is in a ‘very complex’ environment: Bob Nardelli
Former Home Depot CEO Bob Nardelli joined ‘Cavuto: Coast to Coast’ to weigh in on France raising the retirement age to 64 and retail sales falling more than expected in March.
Walmart's Sam's Club celebrates 40th birthday with membership deal
Sam's Club announced that it was celebrating its 40th birthday by offering a discount on its memberships. First-time customers can get a discount when they sign up before April 19.
Express shares soar on Walmart Bonobos deal
Shares for Express are up on Friday after the fashion apparel brand and style community bought Walmart's menswear line Bonobos for $75 million. Walmart shares are flat.
Retail sales tumble more than expected in March as consumers pull back on spending
U.S. households pulled back on retail shopping and dining out in March as they confronted higher interest rates, according to new Commerce Department data.