retail
Iconic discount retailer plans to close hundreds of stores as persistent inflation keeps customers away
August 7, 2024 | 4:02pmBig Lots informed the SEC that the amended terms of a loan agreement include a reduced credit limit and higher interest rates on its credit line.
Wayfair CEO says demand for home goods are at 'great financial crisis' levels
August 1, 2024 | 4:02pmWayfair’s shares are plunging after its chief executive said on an earnings call that demand for household goods is at the level of the “financial crisis.”
Major furniture chain to shut all its stores after 120 years
August 1, 2024 | 10:44amBadcock Home Furniture & More, which has stores throughout the south, announced a "going out of business" sale Tuesday.
Single-serve soda brand outperforms Coke, Pepsi, outsells eggs at various household retail locations
August 1, 2024 | 7:32amOLIPOP is now the No. 1 best-selling brand of fizzy drinks at a number of household name grocers across the U.S.
Big box retailers peddle Halloween products in July — the earliest ever — amid 'Summerween' craze
July 29, 2024 | 2:51pmHome Depot began marketing holiday décor such as 12-foot skeletons back in April.
Whole Foods to beef up NYC footprint with new outpost in East Village as Manhattan real estate remains in flux
July 28, 2024 | 6:34pmThe circumstances reflect a Manhattan retail scene that continues to be in turbulent flux, struggling to get its juice back after the pandemic and -- maybe more critically -- the online...
Deckers shares soar after profit forecast hike on strong Hoka, UGG sales
July 26, 2024 | 7:26pmThe clothing company has seen strong sales of Hoka running shoes and UGG sheepskin boots.
Iconic chain's CEO reveals turnaround plan — after admitting brand is 'not as relevant'
July 26, 2024 | 1:54pmThe Southern country-eatery is testing restaurant remodels at different costs across four locations.
Tampon, pad prices nearly double over last 5 years due to inflation
July 22, 2024 | 5:40pmTampon and pad prices have jumped the past few years as customers are left few affordable choices.
NYC store owner fears business 'won't survive' rampant shoplifting that has occurred since start of migrant crisis
July 21, 2024 | 6:00amChris Sciacco, the owner of Kaiya’s Pallets at 36-37 31st St. in Long Island City, told The Post his store is targeted as many as six times a week by...
Starbucks shares jump after activist investor reportedly builds big stake
July 19, 2024 | 6:18pmThe coffee giant has been struggling to combat long lines and steep competition.
Mastermind mom behind $8M retail theft ring that hit Sephora, Ulta Beauty gets 5 years
July 19, 2024 | 12:31pmLaw enforcement found more than $300,000 worth of stolen goods at the her $2.75 million mansion near San Diego – a fraction of the estimated $8 million stolen since 2012.
Amazon Prime Day 2024 breaks record, bumps US online sales to $14.2B
July 18, 2024 | 1:36pmThe average household spent about $152 on Amazon during the Prime Day sale, according to market research firm Numerator.
Skechers sues L.L.Bean for allegedly copying patented shoe designs
July 16, 2024 | 4:19pmThe copycat shoe in question is LL Bean's Freeport casual shoe.
Beloved discount retailer to shutter stores, may file for bankruptcy as shoppers hurt by 'elevated inflation'
July 5, 2024 | 2:29pmThe nationwide home goods retailer reported inflation has hit hard, resulting in yearly losses and a reliance on dwindling cash.
Amazon mysteriously pulls its gift cards from NY retailers: report
July 3, 2024 | 1:51pmThe e-commerce giant has allegedly pulled its gift cards from Wegmans, CVS, Walgreens, Tops, Dollar Tree and Dollar General locations across the state.
Target pushes shoplifting crackdown by telling employees to stop thefts worth at least $50
June 27, 2024 | 5:31pmTarget plans to crack down on retail theft by lowering the threshold for how much shoplifters can swipe before employees are allowed to finally step in.
H&M shares drop 13% after CEO casts doubt on June sales, margin target
June 27, 2024 | 4:04pmThe retailer cast doubt on its ability to reach its full-year margin target and predicted lackluster June sales.
Costco recalls 567,000 portable chargers due to overheating, fire concerns
June 21, 2024 | 11:24amThree 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
June 18, 2024 | 2:20pmRetail sales barely increased last month while figures from prior months were revised downward, according to Commerce Department data.