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Retail News

  • Amazon has a tech employee retention problem

    Turnover at Amazon.com units is growing as many complain about the pressure of working for a company that some see as unresponsive to employee needs. That combined with less competitive compensation p

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  • Omicron produces ripple effects felt throughout the food supply chain

    Worker shortages are a fact of life at every stop in the U.S. food supply. This has led to fewer products being shipped and rising out-of-stocks on store shelves. “We were expecting supply issues to

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  • Raises fail to keep up with inflation

    Workers across the U.S. are finding that raises they’ve received over the past year have not been high enough to keep up with the rising cost of food, fuel and housing. Wages for hourly employee

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  • Restaurants ask Congress for help as Omicron hits businesses hard

    The National Restaurant Association is asking Congress to replenish the Restaurant Revitalization Fund to assist members that are struggling to operate in the wake of Omicron variant. The fund created

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  • GOAT managed to sidestep sneaker supply chain issues

    GOAT Group, which sells second hand sneakers, has managed to keep its customers happy with its selection while many retailers struggle to get merchandise due to supply chain disruptions. “We donR

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  • Americans went jewelry shopping for Christmas

    Signet Jewelers, the largest jeweler in the U.S., grew its revenues during the Christmas holiday season 30 percent year-over-year and 33 percent above 2019. CEO Gina Drosos attributed the success to t

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  • Rihanna opening irresistible lingerie stores

    Recording artist Rihanna’s Savage X Fenty brand is opening five stores in malls located across the U.S. The stores in Houston, Las Vegas, Los Angeles, Philadelphia and Washington, D.C. are openi

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  • Activist investor takes stake in Unilever

    Nelson Peltz’s Trian Partners hedge fund has taken a stake in Unilever. Mr. Peltz is known for pushing companies to make operational changes to boost short-term returns on his holdings. He previ

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  • Mark Cuban opens online pharmacy with a generic focus

    Mark Cuban’s Cost Plus Drug company launched an online pharmacy on Wednesday with 100 generic drugs covering a wide variety of medical conditions. The company owned by the celebrity billionaire

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