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Why the Twinkie Is Now Worth Billions
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America's Battle With Shoplifting Is Getting Dangerous for Workers
Several retailers have reported an increase in organized theft rings and violent incidents that are making it hard to stop thieves while keeping workers safe.
Amazon's Makeover of Lord & Taylor Building Shows Challenge of Office Conversions
The tech company turned an Italian Renaissance-style building on Fifth Avenue into a modern office space. Source link
Walgreens Chief Executive Steps Down
Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator. Source link
Consumers Are Spending Like It's 2019
Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch. Source link
Dick's Sporting Goods Blames Theft for Profit Woes
The retailer’s second-quarter earnings fell short of expectations and it incurred a fresh round of severance expenses from recent job cuts. Source link
Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link
Retailers Are Fleeing Downtown San Francisco. IKEA Is Moving In.
Listen to article (1 minute) IKEA thinks it can succeed where a string of other retailers have given up—in San Francisco’s beleaguered downtown district. Copyright
How Kroger Became the Biggest Sushi Seller in America
Millions of shoppers agree: It’s OK to eat supermarket sushi. At U.S. retailers, sales are up over 70% in the past year. Source link
Instacart Set to Raise IPO Price Target After Successful Arm Debut
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