Category: Retail News
Longtime CEO of Berkshire Hathaway’s Brooks Running will step down, hand the reins to company veteran
The longtime CEO of Berkshire Hathaway's Brooks Running, Jim Weber, is stepping down, and its COO Dan Sheridan is taking over. [...]
Jim Cramer’s take on Kohl’s, On Holding, Southwest Airlines, 3M and Paramount Global
CNBC's Jim Cramer offered his takes on market-moving headlines Tuesday, including the earnings reports of Kohl's and On Holding. [...]
Ulta CEO says e-commerce sites can do more to stop the sale of stolen goods
Ulta Beauty CEO Dave Kimbell said online marketplaces are contributing to organized retail crime and need to do more to deter the sale of stolen goods [...]
Babies R Us is coming to about 200 Kohl’s stores
Kohl's announced the deal with WHP Global as it released holiday-quarter earnings. [...]
Beating Budget Constraints: Thrifty Sourcing for Store Owners
Discover effective strategies for store owners to source products on a budget and find ways to save money while still offering quality products to cus [...]
Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor
The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and g [...]
Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens
Organized retail crime rings can involve groups that sell stolen goods at flea markets and more sophisticated networks that resell stolen goods on Ama [...]
Lego revenue grows 2% in 2023, as CEO hails ‘very, very strong’ U.S. progress
Toymaker Lego on Tuesday released its full-year 2023 results, saying it's revenue grew by 2% throughout the year, in line with expectations. [...]
Ikea is cutting prices as inflation eases — and more could be on the way
Swedish retail giant IKEA has been cutting prices for some of its items as inflation eases and the cost of raw materials drop globally. [...]
Did Starbucks’ job in China just get tougher? Here’s our take on new campaign tariff talk
Donald Trump's promise of tougher China tariffs if elected again could make doing business there more difficult for American companies. [...]