Category: Retail News
Since June, Feds have seized nearly $1 billion in goods tied to forced labor
Companies are losing millions of dollars while their goods remain in custody at ports. [...]
How Timberland, Vans, VF Corp. are making sure their cotton isn’t ‘greenwashed’
How does a retailer really know that the product they are selling is sustainable? Regenerative cotton in Haiti shows how the data can overcome the ske [...]
Amazon’s worker safety hazards come under fire from regulators and the DOJ
For years, Amazon workers have said they feel unsafe, and new data from regulators underscores their concerns. [...]
Best Buy lays off hundreds of store employees as shopping trends shift
Best Buy said Friday that it is laying off hundreds of store workers as more of its shoppers buy online and sales of consumer electronics weaken. [...]
Walmart’s chief merchandising officer to depart as retailer navigates tough sales environment
Redfield oversaw relationships with suppliers and the company's strategy across categories from food to general merchandise. [...]
Buy this retailer because of the warmer Northeast weather and its lawn & garden exposure, Wells Fargo says
The stage is set for an earlier spring in the Northeast, and this home improvement retailer could be "a 'sneaky' long," Wells Fargo says. [...]
Club meeting recap: Jim Cramer says Wells Fargo is a buy following a first-quarter earnings beat
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Burger King is selling more Whoppers than ever before in early days of its U.S. turnaround
Early steps to improve operations and jazz up Burger King marketing are already boosting sales and customer satisfaction. [...]
Walmart sells Bonobos to WHP Global and Express in $75 million deal
Walmart has agreed to sell Bonobos to WHP Global and Express for $75 million after purchasing the DTC brand for $310 million in 2017. [...]
Washington Commanders near a deal to sell to 76ers owner for around $6 billion
The deal would represent a record price for a North American sports franchise. [...]