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Nike has had a rocky year — here's why a comeback will take time
Nike is the world’s largest sportswear brand but the company has struggled this year. Can Nike’s new CEO Elliot Hill turn things around for the company?
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The Container Store files for bankruptcy protection
The Container Store has filed for bankruptcy protection, as the storage and organizational goods retailer with roots dating back to 1978 grapples with mounting losses and cash flow shortages.
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5 Things to know about Walmart
Here are five things to know about the Walmart corporation.
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Lego is reinventing its iconic brick sets and keeping the toy industry afloat
After coming to the brink of bankruptcy in the early 2000s, Lego has reshaped its business and diversified its customer base, helping it to elevate sales even in inflationary market conditions.
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Party City announces store-wide sales with all stores slated to close
A day after multiple outlets reported that party supplies store Party City would be closing all locations and begin winding down operations “immediately,” the chain announced store-wide sales on all products.
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‘Oopsie, we made a poopsie!' Charmin toilet paper sweepstakes win taken away
A year’s worth of Charmin toilet paper seemed too good to be true for a Connecticut resident who received an error message and a $2 coupon instead.
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Walmart employees are now wearing body cameras in some stores
Walmart store associates are now using body cameras in some locations as retailers look to deter theft and make employees safer.
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‘Those days are gone': Retailers dropping generous return policies
The busy holiday shopping season is underway, and according to the National Retail Federation, spending is expected to reach a new record. But before purchasing an item, you need to pay more attention to return policies — because retailers are making significant changes that could impact you. “Returns kind of help minimize that post-purchase regret that a customer might have,”...
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Small business owners ‘optimistic' about holiday shopping despite fewer days
The holiday shopping season is five days shorter than last year, and owners of small shops say people have been quick to snap up holiday décor early.
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Proposed merger of Kroger and Albertsons halted by federal and state judges
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal.
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Merch sellers cash in on UnitedHealthcare CEO killing
Some of the online merchandise features drawings or images of the man suspected of shooting UnitedHealthcare CEO Brian Thompson.
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Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.
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Costco will stop selling books
Costco says it will remove its book section from hundreds of stores.
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Cyber Monday deals: Shoppers expected to set a record on the year's biggest day for online shopping
Even though e-commerce is now part and parcel of many people’s regular routines and the holiday shopping season, Cyber Monday — a term coined in 2005 by the National Retail Federation — has become the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel it.
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Are prices actually lower on Black Friday?
The most anticipated shopping event of the holiday season is expected to break records this year. According to the National Retail Federation, over 183 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year. But setting an alarm to brave the crowds for deeply discounted items the day after Thanksgiving is a thing...
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Walmart's DEI rollback signals a profound shift in the wake of Trump's election victory
Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups in business.
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Walmart becomes latest – and biggest – company to roll back its DEI policies
Walmart, the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a list of major corporations that have been under pressure by conservative activists.
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‘Buy now, pay later' is more popular than ever. It can cost more than you think
More shoppers are using ‘buy now, pay later’ plans heading into Black Friday and the holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the lingering effect of inflation and already have record-high credit card debt. Experts say the short-term loans can lead consumers to overextend themselves and warn that those...
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Walmart may have to raise some prices if Trump tariffs take effect, CFO says
The discounter’s comments are the latest warning from retail leaders about the potential impact of the tariffs.
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Costco's Gold Star Membership costs $65 a year — here's how to get it for just $20
The warehouse store chain recently raised the price of its annual membership.