Levi Strauss CEO says he regrets 'not exiting people soon enough'
Some of the regrets that the CEO of Levi Strauss & Co holds involved staffing-related decisions, according to an interview he did with CNBC, published on Wednesday.
Costco exec says membership fee increase question of 'when, not if'
Costco CFO Richard Galanti remained coy about when the retailer's members could see their membership price increase, saying it would 'happen at some point.'
Retail theft is a ‘financial tragedy’ for businesses: Matt Shay
National Retail Federation CEO Matt Shay joined ‘Cavuto: Coast to Coast’ to discuss the retail market as consumers continue to fight off the economic impact of inflation.
Retailers lost $112B in 2022 because of 'unprecedented levels' of theft
The National Retail Federation released data underscoring how retailers have suffered a "dramatic jump in financial losses" due to organized retail theft.
'Shark Tank' stars reveal key sector for growth amid stifling interest rates: 'Slow way to get really rich'
A panel of 'Shark Tank' investors offered their take on the real estate market as the U.S. economy and stock market flounder as of late, on 'The Claman Countdown.'
Target points to retail crime as reason as company set to shutter 9 stores
Target said Tuesday it would close a handful of stores, citing theft and organized retail crime that put safety and business performance at risk. The move affects nine total stores.
Costco recalls 'about 48,000 mattresses' from Novaform after mold detected
FXI, a mattress manufacturer headquartered in Pennsylvania, has announced a recall of 'about 48,000' units sold exclusively at Costco earlier this year.
Costco, startup partnering to make health care services available to members
Costco Wholesale is partnering with a startup on a move that will make various medical care available to the retailer’s members. The company it is teaming up with is Sesame.
Lego adjusts plan for making bricks from recycled plastic bottles
Lego is ditching one of its plans to make oil-free recycled plastic building blocks after the company realized the material didn't cut down on carbon emissions.
Michigan Lottery launching 'Ghostbusters' ticket where players could get 'scary rich'
The Michigan Lottery is releasing a new instant game based on the classic comedy franchise, "Ghostbusters." Players will have the chance to win nearly $500,000 in prizes.
Rite Aid to close hundreds of stores in bankruptcy: report
Retail pharmacy Rite Aid is reportedly in talks to close as many as 500 stores as the Philadelphia-based company plans to file for Chapter 11 bankruptcy, according to a report.
UPS using AI to prevent 'porch pirates' from stealing packages
UPS is leveraging artificial intelligence to prevent "porch pirates" from stealing consumers' packages after they are delivered and recommend the best options for successful deliveries.
Alabama woman 'shocked' to learn $25 wedding dress from Goodwill is worth way more than bargain price
A woman in Birmingham, Alabama, was left shocked after she purchased a designer wedding gown from Goodwill for just $25. The original price was over $6,000.
Fed's 'hawkish hold' indicates a stronger-than-expected economy: Bob Doll
Crossmark Global Investments CIO Bob Doll discusses the health of the U.S. consumer and the Fed's soft landing goal on 'The Claman Countdown.'
Walmart opens first-ever pet services center with 'low, transparent' prices in Georgia
Walmart announced the opening of its first-ever pet services center in Georgia; customers can visit the one-stop retailer for all of their beloved animals' needs.
Restaurant requires 18% service charge for 'parties of 1 or larger,' prompting outrage
A receipt showing an 18% surcharge at a Vietnamese restaurant in California prompted backlash online as several users were left confused or shocked by the fee.
Cake sold at Walmart recalled over undeclared allergen
Some cake slices shipped to Walmart stores nationwide are being recalled because of a labeling mishap. They contain an undeclared allergen that could pose a risk to customers.
UAW strike's impact on economy is 'more of a temporary blip' : Brad McMillan
Commonwealth Financial Network Chief Investment Officer Brad McMillan discusses the impact of the UAW strike on the economy, the Federal Reserve's anticipated rate decision and his outlook on the markets.
Costco sofa goes viral, causing debate on TikTok: 'Way too expensive'
A Costco couch has gone viral and shoppers are revealing if they think that the furniture purchase is worth it. The Thomasville Marion Fabric Convertible Sofa is priced at $1,299.99.
Instacart: What to know about the online grocery service
Instacart's IPO comes more than a decade after it first launched in California in an effort to make shopping for food even more seamless.