How a looming port strike is a 'very tricky situation' for businesses
Chris Butler, CEO of National Tree Company, explains why he and other businesses are hoping for a resolution to a potential port strike with the holidays approaching on 'The Bottom Line.'
Costco touts success of card scanner rollout; speeds up checkout process
Costco CEO Ron Vachris explained the benefits of the company's new membership card scanners in U.S. stores during the retailer's latest earnings call, and said customers see the pluses.
Salt Life apparel brand to close 28 retail stores after bankruptcy auction
Dozens of Salt Life retail locations are closing across the country after the fashion retail chain was sold at a bankruptcy auction earlier this summer.
Former iconic American stores that have closed in last 20 years: Kmart to Circuit City
As Kmart plans to shutter its last full-scale store in the continental U.S., here's a look at past American retailers that have closed in the last 20 years.
NCAA women's basketball champion Flau'jae Johnson talks partnership with The Athlete's Foot
Flau'jae Johnson returns to LSU with a women's college basketball national championship already under her belt, while she also continues to make waves in the music industry.
Buy now, pay later discounts drive holiday spending
Online sales during the 2024 holiday shopping season is expected to surpass last year, notching $240.8 billion. This increase is largely due to buy now, pay later services and discounts.
Last full-size Kmart in US to close
The last full-size U.S. Kmart store location, which is in New York, is reportedly set to close in October 2024, leaving only one smaller store remaining.
Potential port strikes send ripple effects through supply chain, threaten inflation
U.S. rapidly approaching deadline for a new labor contract for dockworkers at three dozen ports. If a deal isn't reached, all of the workers were told to stop working.
Stocks, economy do best when the Fed is out of the picture: Scott Martin
Kingsview Wealth Management CIO Scott Martin discusses market performance following Fed rate cuts on 'Making Money.'
Former Amazon engineer says company's 5-day return-to-work policy causes employees to rethink jobs
An Amazon engineer left in the midst of the company forcing employees to go back to the office. He was four hours away and didn't want to relocate. He doesn't think he will be alone.
Nike's new CEO: What to know
Nike has pulled longtime company veteran Elliott Hill out of retirement to serve as president and chief executive, replacing CEO John Donahoe.
Viral Trader Joe's tote bags reselling for as much as $500 are back in stock at stores
Trader Joe's has rereleased a limited-time item that has people taking to social media, rushing to stores and even posting to popular resale websites.
NFL star Justin Fields, Reebok team up for new shoe collection
Earlier this month, sportswear brand Reebok and NFL star Justin Fields unveiled the Pittsburgh Steelers quarterback's footwear capsule — "Reebok x Justin Fields."
Americans hold off on major purchases over election uncertainty
Uncertainty in of itself can make consumers hold off on making any major buying decisions. A perfect example is the uncertainty over who wins the election this November.
Port strikes could have 'devastating' impact to economy, retail trade group says
There are looming port strikes on the East Coast and Gulf of Mexico that could deal a blow to retailers during the most critical time of year: the holiday shopping season.
Consumers are spending more, getting less: Gerald Storch
Storch Advisors CEO Gerald Storch discusses the state of the American consumer ahead of the holidays on 'Varney & Co.'
Decades-old kitchen staple company Tupperware files for bankruptcy
Tupperware Brands filed for bankruptcy protection, months after the iconic American brand shut down its last remaining U.S.-based plant amid financial troubles.
Biden won't block potential port strikes on East and Gulf Coast
President Biden won't invoke a national security law to intervene if East Coast and Gulf Coast dockworkers go on strike at the end of the month amid an impasse in negotiations.
Consumers are 'extremely squeezed' by higher rents, utility bills: Jharonne Martis
LSEG director of consumer research Jharonne Martis discusses the cut in consumer spending as prices remain high on 'Making Money.'
Amazon announces Prime Big Deal Days: What to know
Amazon plans to hold this year’s edition of its fall two-day sales event Prime Big Deal Days on Oct. 8 and 9. Customers need a Prime membership to participate in the event.