Costco shareholders reject anti-DEI measure
Costco's shareholders overwhelmingly rejected a proposal that called for assessing the risk of keeping its diversity, equity and inclusion (DEI) programs in place.
Target scaling back DEI policies after Trump signs executive order
Target is the latest company to make changes to its diversity, equity and inclusion (DEI) programs as pressures mount. Several firms have rolled back their policies in recent months.
Some Walmart managers get pay bump, pushing compensation over $600K
Walmart announced that certain managers are getting a pay bump that can push their total compensation to more than $600,000 with all stock grants and bonuses calculated in.
Pressure from Shein, Temu accelerate retail closures
Retailers are facing relentless competition from controversial fast fashion companies Shein and Temu, according to Coresight Research, which anticipates 15,000 retail closures this year.
Shelling out: Egg prices rise nearly 37 percent
Egg prices are up nearly 37 percent, as the highly contagious bird flu devastates U.S. flocks.
Bloomingdale's to close store in downtown San Francisco
Bloomingdale’s plans to shutter its massive store within the San Francisco Centre shopping mall in the coming months, the company confirmed to FOX Business.
Trump's tariffs on Mexico, Canada: Companies that have raised alarms
On his first day back in office, President Donald Trump reiterated plans to impose levies on products from Mexico and Canada despite concerns from the retail industry.
Space heaters sold on Amazon recalled due to electric shock, fire hazards
American-made space heaters that were exclusively sold on Amazon have been recalled due to electric shock and fire hazards.
Michael Kors closes its downtown San Francisco store
Luxury retailer Michael Kors is closing its store in the San Francisco Centre shopping mall. It is the latest retailer to leave the mall located in the city's downtown area.
Costco Teamsters vote to authorize strike
Thousand of Costco Teamsters across the U.S. are preparing to strike by the end of the month if the company does not present a "fair contract offer," the union says.
Costco members have a 2025 wish list of improvements they'd like to see
Costco members on social media have highlighted some things about the warehouse retailer that they believe could be improved.
Bird flu outbreak at Georgia poultry facility pauses sales
The first bird flu outbreak at a commercial poultry operation in Georgia was recently confirmed, as human cases continue to climb nationwide.
FTC sues PepsiCo, alleges 'rigged' soft drink competition
The FTC files a lawsuit against PepsiCo, alleging it favors one unnamed "large, big box" retailer.
California family loses business in wildfire: A place that 'brought people together'
The Morehart family discovered that their family pet supply business, which had been a cornerstone of the community for six decades, was destroyed in the Palisades Fire.
Walgreens CEO reveals anti-theft measures of locking up products had the opposite effect
Walgreens CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer dissatisfaction.
'Bidenomics' under fire: Small business earnings plunge despite GDP growth
New data shows a sharp decline in the earnings of small businesses toward the end of 2024, a trend seen continuing into 2025.
Macy's wants Bloomingdale's, Bluemercury to stay put
Macy's CEO Tony Spring, who is trying to turn around the company, wants to prove to the public markets that its three-brand portfolio has more value than what it is showing today.
Major crafts retailer files for bankruptcy
Joann filed for Chapter 11 bankruptcy protection for the second time in less than a year as it contending with a difficult retail environment. The company is also trying to sell itself.
California women organize massive shopping event for fire victims
A group of women in California have rallied together, again, to help victims after the wildfires decimated neighborhoods and displaced scores of families.
XX-XY brand is 'certainly' making an impact, founder Jennifer Sey says
XX-XY Athletics founder Jennifer Sey weighs in on the company's 'Save Girls Sports' shirt being labeled as 'transphobic.'