Shrink and theft losses near $1 billion at Lowe’s — here’s how much they’re costing other retailers
A range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits.But ...
Tag: Retail industry
Ripple buys crypto infrastructure startup in its second acquisition of 2023
Cryptocurrency company Ripple announced on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure, giving it a ...
Kroger will pay up to $1.2 billion to settle most nationwide opioid claims
The Kroger supermarket chain's headquarters is shown in Cincinnati, Ohio.Lisa Baertlein | ReutersKroger on Friday said it has agreed to ...
Walmart ramps up efforts to grow third-party marketplace with Las Vegas event, new perks
LAS VEGAS — Walmart is looking for new ways to woo sellers to its third-party marketplace, as it pushes to ...
Lululemon ups guidance after ‘strong’ growth in China boosts quarterly sales
A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California.Justin Sullivan | Getty ImagesLululemon raised its ...
These four trends are shaping the gun industry
People fire an assortment of guns at the annual Machine Gun Shoot sponsored by Shooters Gauntlet on June 03, 2023 ...
Subway sells itself to Dunkin’ owner Roark Capital
In this photo illustration, a Subway meal is seen on a table at a Subway restaurant on January 12, 2023 ...
UPS workers approve massive new labor deal with big raises
David Paul Morris | Bloomberg | Getty ImagesUPS workers ratified a massive five-year labor deal that includes big wage increases ...
3 trends are dividing restaurant companies into winners and losers
A McDonald's restaurant near Times Square, NYC on July 29th, 2023. Adam Jeffery | CNBCRestaurant companies navigating some of the same ...
Aldi is getting bigger. Here’s why the no-frills German grocer is looking to the Southern U.S. for growth
No-frills discounter Aldi is the latest grocer to shake up the industry with big moves.The German retailer announced this week ...
