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Retail News

  • Kyrie Irving is off team Nike

    Nike said that Kyrie Irving of the Brooklyn Nets is no longer affiliated with the brand. The decision to end its deal with Mr. Irving follows his public promotion of an antisemitic video. Mr. Irving&#

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  • Shein is taking steps to end labor abuses at factories producing its goods

    Shein said it plans to invest $15 million to improve factories that produce the goods sold on its website. The fast-fashion retailer said that an investigation that it launched found that two factorie

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  • More people are working side gigs to make ends meet

    The U.S. economy added 263,000 jobs in November, according to the Bureau of Labor Statistics. Around 165,000 of those went to people holding down more than one job.

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  • FTC asks Kroger for more details on Albertsons merger plan

    The Federal Trade Commission has asked Kroger for additional information on its planned merger with Albertsons. The deal, which has raised concerns about the potential for anti-competitive behavior, w

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  • Microsoft video game workers are voting on union

    More than 300 employees at ZeniMax Media, a video game maker owned by Microsoft, are voting on whether or not to join a union. Microsoft has said it will stay neutral in the situation. ZeniMax will be

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  • PepsiCo is cutting hundreds of jobs

    PepsiCo plans to lay off hundreds of workers in its beverages and snack divisions in North America. The layoffs, according to a company memo, are meant “to simplify the organization so we can operat

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  • Another CEO is leaving Salesforce

    Slack CEO Stewart Butterfield will step down from the division of Salesforce in January. His announced departure follows Salesforce co-CEO Bret Taylor’s resignation a few days earlier.

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  • McD’s franchisee cited for violating child labor laws

    McDonald’s franchisee Santonastasso Enterprises allowed 14- and 15-year-old employees to work past 7 p.m. on school days at 13 restaurants in violation of child labor laws, according to the Labor De

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  • Gen Z went to the mall on Black Friday

    Gen Z consumers seem unfettered by inflation when it comes to shopping for Christmas gifts. “One standout this Black Friday was the high turnout of Gen Z in stores,” said Kristen Classi-Zummo, app

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