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