retail
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Business
Deckers shares soar after profit forecast hike on strong Hoka, UGG sales
Deckers Outdoor shares jumped as much as 17% on Friday, after multiple brokerages raised their price targets following the company’s bet on…
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Business
Tampon, pad prices nearly double over last 5 years due to inflation
The prices of sanitary pads and tampons in the US have soared because of inflation, leaving many cash-strapped women with…
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Business
Michelle Mack gets 5 years for $8M organized retail theft ring
The mastermind of an organized retail theft ring, dubbed the “California Girls,” that targeted high-end makeup firms Ulta Beauty and…
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Business
Starbucks shares jump after Elliot Investment Management buys big stake in coffee giant
Activist investor Elliott Investment Management has reportedly built a sizable position in Starbucks — sending the coffee chain’s stock soaring…
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Business
Big Lots to close stores, may file for bankruptcy
Discount home goods retailer Big Lots revealed it is planning to shutter more stores this year and may be facing…
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Business
Target will allow employees to stop thefts worth at least $50
Target plans to crack down on retail theft by lowering the threshold for how much shoplifters can swipe before employees…
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Business
Costco recalls 567,000 portable chargers due to overheating, fire
Costco has ordered an emergency recall of 567,000 portable chargers due to the danger that they may overheat and cause…
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Business
TJ Maxx, Marshalls employees to wear body cameras to curb thefts
Employees of TJ Maxx and Marshalls will be given body cameras in an attempt to curb the record-breaking thefts that…
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Business
Kohl’s tanks 26% as inflation-weary shoppers pull back to sink sales, profits
Kohl’s stock price tanked by as much as 26% on Thursday after the department store chain posted a surprise quarterly loss…
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