Girl Scout cookie shortage sparks black market-like prices
The Raspberry Rally flavor of Girl Scout cookies has become largely sold-out, leading to a resale market in which they sport some eye-popping prices.
The market is retail oriented: Jessica Inskip
OptionsPlay director of education and product Jessica Inskip says there is a ‘different type of market’ because retail traders participate in it more.
Walmart CEO plans to stay in role at least three more years
With Doug McMillon, Walmart’s 56-year-old CEO, planning to stay in the role, the company has more time to name a successor at a complex time for the retail industry.
Costco maintaining low rotisserie chicken prices
Costco shoppers can breathe a sigh of relief as the warehouse retailer navigates inflation without raising prices on its cult-like rotisserie chicken.
Nordstrom leaving Canada, cutting 2,500 jobs
Nordstrom announced it is shutting down operations in Canada, closing 13 stores and cutting 2,500 jobs.
Costco announces mixed earnings report as slower sales of ‘big-ticket’ items offset by higher food sales
Costco unveiled a mixed earnings report on Thursday that mostly beat expectations. Costco's CFO Richard Galanti noted some softness in sales of big-ticket items like electronics.
Walmart nearly doubles number of health care centers
Walmart announced that its nearly doubling the footprint of its health centers by next year. This includes expanding into two new states and deepening its investment in Texas.
Washington offering drug offenders priority status for 'social equity' licenses to sell weed
The Washington State Liquor and Cannabis Board is offering available retail licenses to sell marijuana, prioritizing former offenders in the name of "social equity."
Lowe's Foundation invests $50M to address 'critical' tradespeople worker shortage
The Lowe's Foundation has committed to donating $50 million over the next five years to combat a shortage of people going into skilled trades careers.
Macy’s earnings beat Wall Street on less promotion and 'strategic markdowns'
Macy’s beat Wall Street analysts’ predictions for sales and revenue over the fourth quarter and full year 2022.
No way Fed cuts rates unless these two events occur: Liz Ann Sonders
Charles Schwab managing director and chief investment strategist Liz Ann Sonders pinpoints where she sees 'pockets of recession' and reveals what it will take for the Fed to cut rates on 'The Claman Countdown.'
Dollar Tree profits from raising prices above $1 level
Retailer Dollar Tree beat Wall Street analysts’ expectations in their fourth quarter and fiscal full-year 2022 earnings report after raising price points in stores.
US economy is in a recession that's likely to get worse: Bob Nardelli
Former Home Depot CEO Bob Nardelli analyzes the state of retail and the strength of the U.S. economy on 'The Big Money Show.'
Instacart’s revenue and profit climb ahead of public listing
Instacart had higher sales and profit in Q4 as it continues to float an IPO. Instacart has waited since late 2022 for a more cooperative market before going public.
Trae Bodge shares how to get the best bang for your buck at wholesale clubs
Smart shopping expert at TrueTrae.com, Trae Bodge shares how to save at wholesale clubs and breaks down membership programs for Costco, Sam's Club and BJ's.
Texas siblings arrested in organized retail theft of scented candles, police say
Destiny Goynes, 22, and her 19-year-old brother, Dexter Goynes, were arrested after stealing thousands of dollars in items from a business in Lake Worth, Texas, police said.
Sam’s club adding distribution centers to speed up online fulfillment
To compete with Amazon and Costco in the fulfillment space, Walmart's Sam’s Club plans to open 30 more stores that will include space to handle more e-commerce orders.
Investors have nowhere to hide as inflation roils markets: Scott Redler
Nuveen chief investment strategist Brian Nick and T3 Trading chief strategist Scott Redler discuss whether the market has been persuaded the Fed will keep raising rates on 'The Claman Countdown.'
Dollar Tree fined over $250,000 for safety violations that endangered workers: 'Pattern of disregard'
Dollar Tree has been fined over $250,000 by the Labor Department for workplace safety violations at a location in Texas labeled as a "pattern of disregard."
Consumer confidence slips again
Consumer confidence declined in January for the second month in a row according to the latest data, surprising economists who had expected sentiment to rise.