Walmart boost in compensation for superstore managers could reach $400,000
Walmart increased the size of compensation packages for store managers that will allow managers of the biggest stores to earn upwards of $400,000 annually with stock grants and bonuses.
US economy set to 'slow noticeably' as consumer spending loses steam: 'Last hurrah'
Consumer spending is set to slow precipitously in 2024 as the job market softens and the economy continues to cool, according to Wells Fargo analysts.
Outdoor retailer REI slashes workforce by more than 350 workers, prepares for 'challenging' year ahead
Outdoor retailer REI, which is headquartered near Seattle, announced the layoffs of 357 people last week, citing "challenging" conditions.
Ohio man complaining about rising food prices eats Costco hot dogs for entire week: 'Best $43 I've ever spent'
Eating Costco hotdogs for one week straight? That's what TikToker Joey Kinsley did as he complained about rising prices in America in an interview with Fox Business Digital.
Snackmaker Utz recalls potato chips over undeclared allergen
Utz has issued a voluntary recall of some of its single-serve size of potato chips that were mostly distributed in New York City, it announced Friday.
Polarizing Costco shoppers' habit deemed 'annoying' by workers sparks online debate
Costco Wholesale customers and employees are debating whether or not they should be putting their membership cards in the flipped over checkout dividers.
Levi's to cut up to 15% of global workforce
Levi Strauss & Co. is the latest in a growing number of companies to slash their workforce at the start of the new year. Their announcement follows those of Microsoft, Google and Amazon.
Consumers are propping up the US economy, but they're going into debt to do so
U.S. consumers have continued to power the economy with excessive spending, but they are racking up credit card debt and draining their savings to do so.
Robitussin cough syrups recalled due to 'microbial contamination,' maker says
Two types and sizes of Robitussin cough syrup have been recalled, its maker announced Wednesday through the U.S. Food and Drug Administration, due to "microbial contamination."
Major US cities create innovative solutions amidst continuing housing crisis
City planners and developers are renovating former commercial buildings to add housing in growing cities. Projects include retrofitting libraries, office space and motels into housing.
Knott's Berry Farm, 100-year-old jam and cookie brand, is discontinued in stores
Knott's Berry Farm brand has been discontinued by the J.M. Smucker Company and is no longer being sold in grocery stores, the company announced online.
CVS store in Washington D.C shutters doors after group of teens routinely strip shelves bare
A CVS store in Washington D.C. is seen in Oct. 2023 footage with bare shelves after a group of teens ransacked the pharmacy chain. (WTTG-TV)
Lowe's accepting nominations for nationwide revitalization projects
Lowe's is kicking off its annual Hometowns program, which is focused on revitalizing communities nationwide. Since its launch, the program has impacted over 2.5 million people.
H&M yanks school uniform ad after complaints it 'sexualized' children
H&M pulled an advertisement in Australia over claims that the slogan shown above two elementary-age girls in school uniforms "sexualized" the children.
Macy's rejects $5.8B takeover bid to go private
Macy's rejected a $5.8 billion bid from Arkhouse Management Co. LP and partner Brigade Capital Management LP to acquire all outstanding shares of Macy's.
Kyte Baby company facing boycott after denying remote work request for mom of premature newborn
The CEO of a bamboo baby clothing company has taken to social media to apologize to an employee following backlash after her request to work remotely was denied.
Stanley cup collector, 16, says her parents have spent $3,000 to get her every style tumbler: ‘Obsessed’
Amelia Awad, 16, says she has collected 67 Stanley cup tumblers in every style and color she can possibly find, with her parents spending around $3,000 over the last year.
CDC expanding tainted charcuterie meat probe affecting Costco, Sam's Club
The Centers for Disease Control and Prevention is expanding the scope of a salmonella-linked recall of charcuterie products being sold at Costco and Sam's Club.
Walmart US CEO John Furner: How he leads the nation's largest private employer
A pillar of John Furner's leadership at the helm of Walmart U.S. involves creating a network of people he can listen to for advice, especially during difficult times.
Stamp prices going up this weekend
The U.S. Postal Service is once again saying inflation is the reason the cost to mail a letter is going up after recording $6.5 billion net loss for 2023.