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Retail News

  • NYC passes first food delivery worker protection law

    New York City became the first in the nation to pass a law that prevents third-party delivery companies from charging independent workers a fee to collect their pay. It also prevents services from cha

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  • Madewell and ThredUP open a secondhand pop-up shop

    Madewell and ThredUP have partnered to open a temporary store in Brooklyn selling second hand items from the fashion brand at a significant discount. The concept, known as A Circular Store, brings tog

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  • Retail and restaurant workers go to work in the cannabis industry

    The legal weed business is seeing many of its open jobs filled by workers coming from traditional retail businesses and restaurants. Around 321,000 Americans are now thought to be working in the canna

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  • Supply chain disruptions hit Nike right in the sales

    Nike’s earnings exceeded expectations for the quarter ending Aug. 31, but the company’s revenues fell short as supply chain disruptions limited sales volume. The athletic wear brand has se

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  • Costco posts 9.4 percent gain in same-store sales

    Costco posted a 9.4 percent gain in same-store sales for its fiscal fourth quarter, with clubs in the U.S. enjoying a 10.3 percent increase. The warehouse club’s earnings per share came in at $3

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  • Amazon’s executive ranks are short on diversity

    The percentage of non-whites has risen modestly among Amazon.com’s executive ranks while its blue-collar positions are largely filled by minorities, according to statistics posted by the company

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  • Stitch Fix needs to build its non-subscriber base

    Stitch Fix has opened up its site to allow non-subscribers to buy clothing and shoes. The company’s Freestyle direct purchase option will take time to build, according to CEO Elizabeth Spaulding

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  • Trucker shortage forces BP to close some UK gas stations

    BP said that it had to temporarily close “a handful” of gas stations in the UK due to a lack of truck drivers to deliver fuel supplies. The company, which supplies 1,200 BP-branded gas sta

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  • Gucci parent company is ending fur sales

    Kering, the parent company of luxury fashion brands including Alexander McQueen, Balenciag, Gucci and Yves Saint Laurent, announced that it will ban the use of animal fur in all its products by the fa

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