Retailers’ average return rate jumps to 16.6% as online sales grow

Miami, Doral, IKEA exchange and returns elevators. Jeff Greenberg | Universal Images Group | Getty Images As shoppers buy more online during the pandemic, they are also returning a larger portion of c...

Macellum asks for Kohl’s board seat and for Kohl’s to explore a sale

Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Activist hedge fund Macellum Advisors has been asking Kohl’s to consider selling itself and now i...

The dust has settled on COP26. Now the hard work begins

The COP26 climate summit, held in the Scottish city of Glasgow last year, made headlines around the world. After days of painstaking and at times fraught negotiations, countries agreed upon a deal whi...

Walmart’s top U.S. e-commerce chief Casey Carl is leaving

Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey. Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic. VIEW press |...

Amazon halts plan to stop accepting Visa credit cards in the UK

An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images LONDON — Amazon has scrapped plans to stop accepting Visa credit cards in the U.K. The e-commerce giant was expected to prevent ...

NBA games in virtual reality have potential. Here’s what watching one is like

Jabari Young wearing the Oculus Quest 2 device. Source: Jabari Young Boston Celtics head coach Ime Udoka popped up from the team bench, and before I knew it, he was blocking my view. Indiana Pacers co...

Thieves find new source for stolen goods: Delivery trucks and trains

Images from video show emptied boxes along rail tracks in Los Angeles after thieves broke into Union Pacific cargo trains. Source: NBC4 | Los Angeles Instead of shoplifting from stores, some thieves a...

Stock futures are flat after a 3-day winning streak for Nasdaq

Traders work on the floor of the New York Stock Exchange (NYSE) on January 07, 2022 in New York City. Spencer Platt | Getty Images U.S. stock futures were steady in overnight trading on Wednesday afte...

Apple potential bid for MLB package could bring big player into sports

Los Angeles Dodgers center fielder Cody Bellinger (35) steals second base as St. Louis Cardinals second baseman Tommy Edman (19) takes the late throw at Dodger Stadium in the 2021 National League Wild...

‘Too much good news to ignore’ drove Tuesday’s market rally

CNBC’s Jim Cramer said that Tuesday’s stock market rally was made possible by cooling bond yields and favorable commentary from Federal Reserve Chairman Jerome Powell. “Sometimes, th...

Smaller arenas, more tech, greener

Fans for the Tennessee Titans and the Los Angeles Rams before an NFL football game at SoFi Stadium, Sunday, Nov. 7, 2021, in Inglewood, Calif. Marcio Jose Sanchez | AP The Buffalo Bills are seeking a ...

BMW’s new iX Flow concept car can change colors

People look at BMW’s iX Flow prototype at the BMW booth during the CES tech show, Wednesday, Jan. 5, 2022, in Las Vegas. The iX Flow is a system that replaces regular car paint with with E Ink t...

Lululemon taps former Amazon exec as new CEO of its at-home gym Mirror

Michael Aragon previously served the role of chief content officer of Twitch, Amazon’s livestreaming business. Source: Lululemon Lululemon said Thursday it has named former Amazon exec Michael A...

Walgreens, Bed Bath & Beyond, Conagra and others

Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator’s shares gained 2.9% in the premarket, after beating estimates on both the top and bottom line...

Walmart and FedEx sign deals for thousands of GM’s new electric vans

Walmart signed an agreement to reserve 5,000 of BrightDrop’s EV600 and smaller EV410 electric delivery vans to support the retail giant’s last mile delivery network and goal of operating a...

Drugstores struggle to keep Covid at-home tests in stock as omicron rages across U.S.

Health workers distribute free rapid at-home Covid-19 test kits at a vaccine clinic in Philadelphia, Pennsylvania, U.S, on Monday, Dec. 20, 2021. Hannah Beier | Bloomberg | Getty Images George Panagio...

Troy Aikman launches light beer company EIGHT

Troy Aikman won three Super Bowls. He made an initial investment in Wingstop, owned car dealerships and transitioned to calling primetime National Football League games for Fox Sports. You could say A...

Walmart expands its direct-to-fridge InHome delivery service to 30 million homes

Walmart is making a big bet on customers’ desire for increased convenience, announcing Wednesday that its InHome delivery service will expand availability from six million to 30 million househol...

Bed Bath & Beyond’s wedding registry business is slipping, survey finds

Vstock LLC | VStock | Getty Images More engaged couples are skipping Bed Bath & Beyond and signing up for wedding registries at Amazon and Target instead, according to a recent survey by Baird. Be...