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That Style, Again? How Shopping Got So Boring
Business

That Style, Again? How Shopping Got So Boring

Fresh merchandise gives consumers a reason to buy—and without it, sales suffer. Here’s what happened after manufacturers and retailers hit pause on innovating. Source link

Bed Bath & Beyond Ends Hudson Bay Deal, Turns to Market for $300 Million to Avoid Bankruptcy
Business

Bed Bath & Beyond Ends Hudson Bay Deal, Turns to Market for $300 Million to Avoid Bankruptcy

Bed Bath & Beyond Inc. said it will try to sell up to $300 million of common stock in the open market while terminating a

The Class of 2023 Faces a Jittery Job Market: ‘The World Seems to Have Flipped on Its Head.’
Business

The Class of 2023 Faces a Jittery Job Market: ‘The World Seems to Have Flipped on Its Head.’

The Class of 2023 is getting ready to enter a job market that is suddenly less eager to hire new grads. Many employers are taking

Macy's CEO to Retire, Give Reins to Bloomingdale's Boss
Business

Macy's CEO to Retire, Give Reins to Bloomingdale's Boss

The transition comes at a time of upheaval for retailers as high inflation pinches consumers and pushes up manufacturing costs. Source link

GameStop Decides It Likes Stores After All
Business

GameStop Decides It Likes Stores After All

Ryan Cohen  took control of GameStop Corp. in 2021 vowing to transform the faltering videogame retailer into an e-commerce juggernaut. Meme-stock investors loved the idea.

Americans to Be Barred From Buying Ozempic in British Columbia
Business

Americans to Be Barred From Buying Ozempic in British Columbia

Provincial health officials urged doctors and pharmacists to make sure people are taking the drug to treat diabetes, not lose weight. Source link

Retailers Reaping Big Savings on Ocean Transport Costs
Business

Retailers Reaping Big Savings on Ocean Transport Costs

Container lines are slashing thousands of dollars from contract rates in a bid to fill up ships. Source link