retailers
H&M shares drop 13% after CEO casts doubt on June sales, margin target
The retailer cast doubt on its ability to reach its full-year margin target and predicted lackluster June sales.
Levi's shares drop 15% after weakness in wholesale business sinks quarterly revenue
Although denim is back in style -- including the resurgence of early 2000s jorts -- Levi Strauss isn't seeing a significant bump in sales.
Judge rejects Visa, Mastercard $30B settlement over controversial swipe fees
The settlement announced in March was intended to resolve most litigation that began in 2005 over so-called swipe fees, also known as interchange fees, that merchants pay to accept Visa and Mastercard,...
Costco recalls 567,000 portable chargers due to overheating, fire concerns
Three models of the myCharge POWER HUB All-In-One 10,000mAh portable charger were deemed to pose a risk to the public.
Retail sales rise by paltry 0.1% as shoppers feel pinch of high inflation
Retail sales barely increased last month while figures from prior months were revised downward, according to Commerce Department data.
GameStop shares tank after CEO says store network will shrink despite huge cash pile
Shares of the video game retailer have gyrated wildly over the last month after Keith Gill, the stock influencer known as Roaring Kitty, reappeared and later disclosed a large position...
Ozempic users are now buying smaller, 'edgier' clothes post-weight loss, retailers say
People are both growing and slimming down their wardrobe — thanks to weight-loss drugs.
TJ Maxx, Marshalls employees to wear body cameras to curb thefts
The footage will only be shared with law enforcement upon request or in response to a subpoena, the company said.
Walmart paying bonuses for first time, offering new perks to hourly workers
Walmart, like other employers, faces a still-competitive labor market and increasing demands from its employees.
Dollar Tree exploring sale of Family Dollar stores: 'Chain needs a lot of work'
The company operates 8,359 Family Dollar stores, as of Feb. 3. It will close an additional 150 stores by fiscal 2024-end.
Chinese retailer Miniso signs lease at JEMB Realty's 150 Broadway
FiDi's sagging retail scene just got a badly needed boost. Chinese “lifestyle” and consumer goods chain Miniso, which has more than 6,000 stores worldwide including two in Manhattan, signed a 5,000 square-foot...
Meet fashion's most pioneering women who once ran Fifth Avenue
It was a safe haven, a playground and even a place of empowerment: a ladies’ paradise where women could congregate, experiment, and even earn a living away from men.
Kohl's tanks 26% as inflation-weary shoppers pull back to sink sales, profits
Khol's stock was trading at around $20.70 a share -- on track for its lowest value since November.
Walgreens to slash prices on 1,300 items — following Amazon, Walmart and Target — as inflation rages
The pharmacy chain announced price cuts on items such as vitamins, hygiene products, toothbrushes, pain relief patches, hand cream and mini pretzels.
Target Pride collection back after last year's firestorm — but has shrunk to just 75 items this year
The Minnesota-based national retailer was hit with a boycott last year over its LGBTQ-themed collection that went on sale during Pride month.
Amazon Fresh to cut grocery prices by as much as 30% to bring back inflation-battered customers
The company said that it will reduce prices of 4,000 items at its Amazon Fresh grocery stores online as well as at its brick-and-mortar locations.
Walmart promotes Pride merchandise as Target scales back after backlash
The company’s promotion comes just weeks after Target said its Pride collection would only be available in "select stores" following a major backlash by conservatives last year.
East Midtown's Roosevelt Hotel could be migrant-free by end of 2024: sources
More of the building’s storefronts are empty than filled, retailers having fled from rampant shoplifting, harassment of customers and doorfront urination.
Shares of company that makes Hoka sneakers, Ugg boots surge past $1K
Deckers Outdoor's stock has been on a tear since the beginning of last year, and is up about 35% this year, after rising 67% in 2023. In contrast, Nike has dropped...
Target profits disappoint as inflation forces shoppers to slash spending; stock dips 10%
Target stock price dips following an earnings report showing that customers were buying fewer groceries and home goods.