retail
The Latest
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H&M Shanghai Flagship Store Closure Marks Latest Shut Down In China Owing To Lockdowns
As cautious consumers avoid the commercial hub's glitzy shopping districts, fashion retailers are left with piles of unsold stock. As cautious consumers avoid the commercial hub's glitzy shopping districts, fashion retailers are left with piles of unsold stock. -
Amazon, Target, And Walmart Stocks Plummet Amid Rising Inflation
Amazon's stock price ended 7.6% lower, Walmart's around 6.79% lower, and Target's stock more than 26% lower. Amazon's stock price ended 7.6% lower, Walmart's around 6.79% lower, and Target's stock more than 26% lower. -
Family Dollar Forced To Close Down 400 Stores Due To Rat Infestation
The FDA forced Family Dollar to close down more than 400 of its locations after a rat infestation was discovered at one of its distribution facilities. The FDA forced Family Dollar to close down more than 400 of its locations after a rat infestation was discovered at one of its distribution facilities. -
McDonald's Could Increase Prices As Inflation Dents Profits
McDonald's said it may be forced to increase its menu item prices again given the rising costs of operational items such as materials and labor. McDonald's said it may be forced to increase its menu item prices again given the rising costs of operational items such as materials and labor. -
Lowe's To Launch Petco Store-In-Store Program At Select U.S. Outlets
Lowe's and Petco announced that they will be launching Lowe's + Petco store-in-store concepts at select Lowe's outlets. Lowe's and Petco announced that they will be launching Lowe's + Petco store-in-store concepts at select Lowe's outlets. -
Kohl's Received $9 Billion Take-Private Bid From Hedge Fund
The offer made by the consortium backed by activist hedge fund Starboard Value represents a 37% premium to the company's last closing price. The offer made by the consortium backed by activist hedge fund Starboard Value represents a 37% premium to the company's last closing price. -
Unilever Facing Growing Investor Backlash Over GSK Bid
Unilever is facing increased investors backlash from both sides following reports of its $95 billion bid to acquire GSK's consumer health unit. Unilever is facing increased investors backlash from both sides following reports of its $95 billion bid to acquire GSK's consumer health unit. -
Kohl's Pressured To Sell Or Split Its E-Commerce Business
Hedge fund Engine Capital is urging Kohl's to consider selling or splitting its e-commerce unit to boost its stock prices. Hedge fund Engine Capital is urging Kohl's to consider selling or splitting its e-commerce unit to boost its stock prices. -
DJI Launches Two New Pro Drones: The Mavic 3 And Mavic 3 Cine
DJI's two new drones come with a 4/3 CMOS sensor and advanced autonomous flight software and technologies. DJI's two new drones come with a 4/3 CMOS sensor and advanced autonomous flight software and technologies. -
Starbucks Unveils New Holiday Cups, Drinks , And First-Ever Vegan Beverage
Starbucks has unveiled its new holiday cups, drinks, and pastries for this year, including its first-ever vegan beverage. Starbucks has unveiled its new holiday cups, drinks, and pastries for this year, including its first-ever vegan beverage.