Retail
Best Buy cuts store jobs to help boost profits
The largest consumer electronics chain is reportedly cutting hundreds of jobs in home-entertainment as online shopper grows.
Walgreens is offering up to $75,000 to recruit pharmacists amid shortage
Walgreens typically offers signing bonus for pharmacists near $30,000 or $50,000, but due to staffing shortages, it is offering up to $75,000.
Johnson & Johnson to end sale of talc-based baby powder globally in 2023
Johnson & Johnson announced on Thursday that it will end global sales of talc-based baby powder and transition to an all cornstarch-based portfolio by 2023.
How inflation is hitting back-to-school essentials
School supplies are a necessary expense for many families. However, with surging inflation, the most popular items are going to make a bigger dent in consumers' wallets.
Inflation has shoppers fearing back-to-school items will strain budgets
Inflation-conscious shoppers are worried back-to-school shopping will further strain their wallets and are turning to different money-saving tactics to get by.
Bed Bath & Beyond downgrade slams stock
Investment firm Baird has placed an underperform rating and $4 price target on Bed Bath & Beyond's stock. The retailer's shares are down more than 36%.
Karns Foods CEO: 'Acceleration coming' to food, grocery inflation
Karns Foods CEO Scott Karns warns he doesn't see food prices deflating due to multiple market disruptions.
Zales parent Signet Jewelers to buy online jewelry platform Blue Nile
The $360 million deal comes as Signet is looking to widen its portfolio and customer base following a sales slowdown in July.
Online prices fall for the first time in 2 years
Online prices have declined for the first time in two years, providing consumers some relief after 25 consecutive months of persistent inflation online, according to Adobe.
Bed, Bath & Beyond stock on best nine day stretch on record
Meme investors are driving Bed, Bath & Beyond to its best nine-day stretch on record. The interest is also lifting other meme members, including AMC Entertainment and GameStop.
Can you shop at Costco without a membership? A breakdown of the retail giant's membership plans
Costco is a retail warehouse that allows customers to purchase items at discounted prices as long as they sign up for an annual membership.
Toys R Us reopens in 9 states, more locations 'coming soon'
Toys R Us, the beloved children's toy store, is officially back inside Macy's locations in 9 states, with more "coming soon."