Target, Best Buy CEOs warn of price increases as tariffs take effect
The heads of major retail companies are warning that their profits could be impacted by tariffs and that prices could rise, some as soon as this week.
Nationwide egg shortage has shoppers turning to Facebook Marketplace
A number of people are posting on social media that they have eggs for sale as a nationwide shortage persists, forcing grocers to impose purchasing restrictions and prices to skyrocket.
Target is bringing Warby Parker eyeglass shops to stores
Target announced Thursday that it and Warby Parker are bringing in-store “Warby Parker at Target" shops to five Target locations during the second half of the year.
Eggs are not the only expensive food: Beef prices are also on the rise
A lot of attention has been focused on high egg prices due to bird flu. However, the price of beef is also on the rise as production hasn't keep pace with demand.
Forever 21 likely to shutter remaining stores with second bankruptcy nearing
Forever 21 is expected to file for Chapter 11 bankruptcy for a second time as it faces relentless competition and a massive store footprint that has proven to be unsuccessful.
Costco announces 9 new stores opening in 2025, starting with 6 in March
Retail giant Costco is preparing to open six new locations in the U.S. in the coming weeks, and three additional ones worldwide very soon, the company says.
San Francisco losing high-end grocery store in former X headquarters
A high-end San Francisco grocery store is closing its doors at the end of the week, the business announced on social media. Its owner has been outspoken about why.
Home Depot says consumers postponing renovation projects, citing high interest rates
Home Depot said that its customers are still holding off on larger renovation projects as macroeconomic conditions continue to impact the housing market.
Denny's adds surcharge to eggs amid nationwide shortage, price spike
A growing number of restaurants are adding surcharges as the cost of eggs continues to skyrocket due to outbreaks of highly pathogenic avian influenza.
Walmart keeps store shelves stocked with eggs as shortage plagues retailers nationwide
The ongoing nationwide egg shortage has forced several companies to place purchasing restrictions on the product. Walmart is one of the retailers that hasn't done so, yet.
Crafts retailer Joann closing down all U.S. stores, one month after filing Chapter 11 bankruptcy
All Joann Fabrics and Crafts locations across the U.S. will close down over the next several weeks, according to Joann Inc., just one month after filing Chapter 11 bankruptcy.
Costco, Walmart are appealing to wealthy shoppers
Walmart and Costco have touted that they are appealing to a more affluent shopper. Walmart has steadily been growing its appeal to higher earners for years.
Pro-Farrakhan pastor leading Target DEI boycott calls Black Trump supporters 'coons' and 'runaway slaves'
Dr. Jamal Bryant, head of the New Birth Missionary Baptist and organizer of a Target boycott, has been a longtime supporter of notorious antisemite Louis Farrakhan.
Costco chairman reveals surprising luxury items that fly off the shelves: 'Affluent people love a good deal'
Costco's chairman recently discussed in an interview the company's growth over nearly four decades and what luxury items sell well at their stores.
Florida AG files class action lawsuit against Target over Pride displays, DEI policies
Target has been slapped with another class action lawsuit, this time by Florida's attorney general and several other legal groups over its DEI and Pride initiatives.
Is a bird flu vaccine for chickens coming soon?
Zoetis was granted a conditional license for its avian influenza vaccine for use in chickens. It's a step closer to fighting the bird flu outbreaks that continue to devastate flocks.
Budget grocery chain ALDI plans to open hundreds of U.S. stores amid recession fears
In a Feb. 7 announcement, ALDI announced that it is continuing its five-year expansion plan by adding 225 new locations across the U.S., mainly in the Southeast.
NAACP urges Black Americans to avoid companies that ditched DEI
'The Big Money Show' panel discusses the rollback of diversity, equity, and inclusion policies at big companies like Amazon, Target, and Walmart.
Public health alert issued for meat and poultry pasties over undeclared allergen
Meat and poultry pasties made by a Michigan-based restaurant are the subject of an alert due to an egg allergen not written on the packaging.
Major crafts retailer plans to close hundreds of locations
Joann, an Ohio-based crafts retailer, is trying to shutter more than half of its 800 locations nationwide as it restructures under the Chapter 11 bankruptcy process.