Lululemon will debut a trade-in and resale option for its gently used leggings, tops and jackets later this month following a successful pilot program prompted by rising consumer prices and a commitme...
Tag: Retail industry
Panera Bread tests automated coffee brewing with Miso Robotics
Miso Robotics’ CookRight Coffee System Source: Miso Robotics Panera Bread is piloting Miso Robotics’ new automated coffee brewing system as it doubles down on its drink subscription progra...
Starbucks CEO Howard Schultz has history of opposing unions
A pro-union poster is seen on a lamp pole outside Starbucks’ Broadway and Denny location in Seattle’s Seattle’s Capitol Hill neighborhood on March 22, 2022. Toby Scott | Sopa Images ...
Target tiptoes back into resale with new ThredUp deal
Target ThredUp website Source: Target Target is tiptoeing back into secondhand sales through a deal with resale company, ThredUp. The big-box retailer confirmed Friday that it launched a page on Thred...
Macy’s warns inflation-squeezed consumers may choose travel over shopping
A person walks past a Macys store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images As inflation threatens to weigh on consumer demand, particularly among low-to-mi...
Walmart says it is raising pay for truck drivers, starting training program
A Walmart truck departs the company’s distribution center in Washington, Utah. Bloomberg | Bloomberg | Getty Images Walmart said Thursday that it is raising pay for long-haul truck drivers and l...
NFL, MLB, players unions lead latest investment in Fanatics
A detailed photo of the Fanatics apparel displayed at NFL Hospitality during the 2018 NFL Annual Meetings at the Ritz Carlton Orlando, Great Lakes on March 26, 2018 in Orlando, Florida. Mark Brown | G...
Levi Strauss & Co. (LEVI) reports Q1 2022 earnings beat
An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Denim retailer ...
Teens spend on Nike and Lululemon despite concerns about U.S. economy
Athletic apparel sits on display inside a Lululemon Athletica store. Xaume Olleros | Bloomberg | Getty Images Teens are spending more and shifting their shopping habits, even as they worry about growi...
Walmart saved millions from elder gift card scams
A gift card display stands at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Technology developed by Walmart helped the retail giant identify and freeze near...
Nordstrom leadership reclaims oversight of struggling Rack business
Nordstrom Rack in downtown Seattle Getty Images Nordstrom on Monday announced it is streamlining leadership of its struggling Rack business with that of its full-line department stores, as two executi...
Tiger Woods turns up at Augusta National in FootJoy golf shoes, not Nike
A detail of the shoes of Tiger Woods of the United States as he warms up in the practice area prior to the Masters at Augusta National Golf Club on April 03, 2022 in Augusta, Georgia. Gregory Shamus |...
Starbucks stock falls as CEO Howard Schultz suspends share buybacks
Howard Schultz, Chairman of Starbucks at the grand opening of the Starbucks Reserve Roastery in Shanghai, China on Dec. 5th, 2017. Justin Solomon | CNBC Howard Schultz’s first day back at the he...
Starbucks’ New York City Reserve Roastery becomes the 9th cafe to unionize
Employees serve customers at a newly opened Starbucks’ Reserve Roasteries in the Meatpacking District on on December 14, 2018 in New York City. Spencer Platt | Getty Images Starbucks baristas at...
Why ‘free’ shipping isn’t free
The big carriers such as FedEx, UPS and Amazon make lots of deliveries, and none of those packages are being shipped for “free.” “People like free shipping because the word free is v...
Kohl’s calls on shareholders to reject activist Macellum’s proposal
People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s on Thursday ...
Walgreens Boots Alliance (WBA) Q2 2022 earnings
A person enters a Walgreens store in San Francisco, California, U.S., on Tuesday, April 13, 2021. David Paul Morris | Bloomberg | Getty Images Walgreens Boots Alliance on Thursday announced fiscal sec...
Amazon renews Prime credit card pact with JPMorgan after flirting with American Express
Jeff Bezos and Jamie Dimon. Getty Images | CNBC Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant’s flagship rewards credit card, ending months of heated negotiat...
Lizzo launches Yitty shapewear brand in tie-up with Fabletics
As a young girl, Lizzo tried intensely to, literally, fit in. The now-superstar would wear body girdles and skin-tight corsets to school, contorting the shape of her body — an experience she said was ...
$3 billion arena, hotel and casino project planned
Las Vegas came in first in Hotwire’s ranking of best major metropolises for quick getaways amid the pandemic. Chris Sattlberger/Getty Images Las Vegas’ sports scene is about to get more cr...
Walgreens turns to robots to fill prescriptions, as pharmacists take on more responsibilities
Walgreens is using automation to fill more of customers’ prescriptions. Inside of a Dallas area facility, bright yellow robotic arms hold pill bottles up to dispensers, which release tablets lik...
Meme stocks GameStop and AMC tumble Tuesday on heavy trading volume
A GameStop location in New York, Dec. 23, 2021. Scott Mlyn | CNBC Meme stocks tumbled on Tuesday with huge trading activity in the shares. GameStop dropped more than 9% with more than 8 million shares...
Amazon, Starbucks workers push for unions after Covid upended labor market
Workers stand in line to cast ballots for a union election at Amazon’s JFK8 distribution center, in the Staten Island borough of New York City, U.S. March 25, 2022. Brendan Mcdermid | Reuters Th...
Dairy Queen launches Stackburger line as chain sees record sales in 2021
Dairy Queen’s Flamethrower Stackburger and small ice cream cone Source: Dairy Queen Dairy Queen is expanding its burger offerings as the fast-food chain looks beyond Blizzards and other desserts...
New Balance bulks up manufacturing presence in U.S. amid supply chain backlogs
New Balance has opened its fifth manufacturing space in North America. This one is in Methuen, Massachusetts. Source: New Balance While many retailers are struggling to preserve relationships with ove...
Second Starbucks location in Mesa, Arizona, votes to unionize
A pro-union poster is seen on a lamp pole outside Starbucks’ Broadway and Denny location in Seattle’s Seattle’s Capitol Hill neighborhood on March 22, 2022. Toby Scott | Sopa Images ...
Sen. Tammy Baldwin urges Kohl’s to reject bids threatening jobs in Wisconsin
A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A U.S. senator from Wisconsin is urging Kohl’s to not accept any buyout offer that might precede a bankruptcy...