Online shopping sales hit a record $108.2 billion this holiday season, according to Adobe Analytics. » Read More
By: Thomas Franck
BMO Capital Markets raises its price target on Amazon to $1,600 from $1,200, the highest call on the e-commerce company of any brokerage. » Read More
The Shanghai Consumer Council requested an explanation about the slowing down of iPhones, demanding a reply before Friday. » Read More
By: Sarah Whitten
Starbucks partnered with Joyride to bring draft cold brew to its foodservice accounts at hospitals, bookstores, universities and offices. » Read More
Grocery chain Kroger has considered buying online wholesaler Boxed, according to a person familiar with the matter.
Jim Cramer offered his take on Facebook’s action in this market.
Another yogurt company has put itself up for sale, amid a spate of M&A
Walmart dominated the news after announcing pay raises for employees, only to upstage itself by closing 63 of its Sam's Club stores.
News comes after Walmart announced raising its minimum wage and later acknowledged Sam's Club store closures.
Walmart plans to give out bonuses of up to $1,000 to some of its employees, following the passage of new tax legislation.
Activist investor D.E. Shaw & Co. has built an active stake in U.S. home retailer Lowe's.
Malls have a long road of redevelopment ahead, but some owners say they're optimistic about recent closing announcements.
GameStop stock dropped 11 percent in trading Friday after the company announced it expects impairment charges of between $350 million to $400 million.
In areas with a Lidl store, rival grocers cut prices about 9 percent compared with other markets, a study found.
National Retail Federation attributed growth to consumer confidence and strong employment.
The closure or conversion of 10 percent of Sam's Club locations is a good move for Walmart, says Bill Simon.
The retailer reported a relatively strong holiday season, but financiers may still be too weary.
Both J.P. Morgan and RBC Capital Markets cited Kohl's improving same-store sales in raising their ratings on the apparel department store.
Saks is focusing on the convergence of technology and employees in its stores, Marc Metrick says.
It’s been said that beauty lies in the eyes of the beholder...
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