Retail

Starbucks CEO Laxman Narasimhan issued his first letter to shareholders two days after officially assuming the role. In it, he underscored the importance of their "reinvention plan."

As part of the newly announced partnership, Freshpet and Petco will produce and deliver customized subscription meal plans to pet owners in 15 states before expanding nationwide.

Consumers are increasingly relying on Buy Now, Pay Later services in order to cover the costs of their daily expenses amid the uncertain economic environment.

Nike’s results for the fiscal 2023 third quarter came out Tuesday afternoon and showed revenue rising and net income dipping compared to the same period last year.

The move represents a deepening partnership between Adidas and the NHL, which over the past two decades has evolved to include e-commerce and retail operations, fan apparel, and more.

Perrigo issued a voluntary recall for certain lots of Gerber formula due to the potential presence of cronobacter sakazakii, according to federal health officials.

Foot Locker said it will close more than 400 low-performing stores in shopping malls by 2026 as it shifts its focus to niche consumers such as sneakerheads and children.

Shares of Bed Bath & Beyond hit a 30-year low on Monday following the retailer’s decision to propose a reverse stock-split to shareholders at a special meeting.

Dollar Tree announced it pulled eggs from shelves over price increases. Eggs are set to return to Dollar Tree locations when "costs are more in line with historical levels."

7-Eleven, Inc. announced its new proprietary electric vehicle charging network on Friday stores across North America, as well as a related app. Some states already have sites.

Ikea initiated a recall for 22,400 LETTAN mirrors after receiving numerous reports that the mirror's plastic fittings, which attach it to the wall, have been breaking.

Discount retailer Dollar General is investing further into its staffing. However, its focus will be on 'investing in hours' according to CEO Jeff Owen,

Pfizer is recalling 4.2 million packages of Nurtec ODT 75 mg orally disintegrating tablets for failing to meet child-resistant requirements, according to safety regulators.

Laura Lamb, the creator and owner of the Costco Hot Finds fan page, has made Costco Wholesale's near-five-pound peanut butter chocolate pie go viral on social media.

Americans continued to spend at restaurants, bars and other retail stores in January even as they confronted inflation and rising interest rates.

Nike has announced that it will end the practice of using kangaroo skins in the production of its shoes.

Novo Nordisk announced plans Tuesday to lower the cost of several of its insulin products by up to 75% for people living with Type 1 and Type 2 diabetes.

Kendra Scott announced the launch of the Kendra Scott Foundation, which aims to empower women and youth in areas of health and wellness, education and entrepreneurship.