retail

The retailer said the decision will benefit the environment and the U.S. economy, too, by sourcing goods closer to customers and creating demand for jobs.

The retailer told investors and analysts that it has room to run, despite significant market share gains and sales growth during the pandemic.

Target CEO Brian Cornell said store traffic picked up in January, even after the holiday season ended.

Yum Brands has bought a business unit from Kvantum that uses artificial intelligence for marketing performance analytics.

Macy’s announced management changes as the retailer looks to woo back customers, who have been shopping online and avoiding malls during the pandemic.

The company plans to sell Dynamic Yield’s third-party business, which is outside what it provides to McDonald’s restaurants.

The retail giant is looking for other ways to drive revenue, from advertising to financial services.

Electric vehicle stocks could climb by 50% this year, according to Wedbush analyst Daniel Ives, who thinks there’s enough room in the market for Tesla rivals.

Starbucks cafes nationwide will carry Oatly’s nondairy substitute starting Tuesday.

People have been picking out items and abandoning carts for years. But the pastime appears to have increased due to the coronavirus pandemic.

Etsy CEO Josh Silverman told CNBC he hopes the online marketplace can outpace the growth of e-commerce overall, adding to its strong pandemic performance.

The retailer is reducing its headcount, testing smaller stores and evaluating the size of its store footprint across the country.

Sales growth slowed, and the retailer expects the pace will weaken even further as people shift spending away from their homes.

Wayfair gained more customers during the fourth quarter, but they bought smaller, less-expensive items, dragging down average order values.

Some have called Crocs the “it” shoe of the pandemic, as the clog became a closet staple for consumers seeking comfort.

Taco Bell said Monday that it’s testing a taco version of the chicken sandwich in Nashville, Tennessee, and Charlotte, North Carolina.

Twenty-eight percent of Americans have considered relocating during the pandemic, NPD said.

Nina Pathammavong is a 25-year-old extreme couponer and TikToker who is using her incredible stockpile of discount goods to help people in need. Pathammavong joined LX News to talk about how she got started in couponing and to share some tips about how you can do the same.

Consumers flocked to spend their stimulus checks in January, sending retail sales for the month up 5.3% in a blockbuster start to 2021.

RH, formerly Restoration Hardware, has seen shares more than double during a rough time for retail and is moving forward with some ambitious plans.