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Retail News

  • Target CEO said chain had to rip the inventory bandage off

    Target CEO Brian Cornell said that historic “inventory levels” required the company to take fast action to set the situation right instead of “letting it linger quarter after quarter

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  • NLRB asks court to order Starbucks to rehire Baristas

    The National Labor Relations Board has accused Starbucks of engaging in an “array of illegal tactics” to prevent its baristas from joining unions. The agency is asking a federal court to o

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  • Shoppers aren’t filling up tanks during c-store stops

    Arie Kotler, president and CEO of Arko Corp., a convenience store operator, said, “Compared to the same time last year, people are coming more frequently to the pump but instead of fully filling

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  • Hudson’s Bay warehouse workers strike over wages

    More than 330 Hudson’s Bay Co. warehouse workers have gone on strike after union talks with the company failed to create a new labor contract that addresses wage demands. Unifor Ontario regional

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  • McD’s makes changes to attract more diverse franchisees

    McDonald’s will no longer give preferential treatment to children and spouses regarding new franchise agreements. It is one of the steps the fast-food giant is making to attract a more diverse f

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  • Target remodeling store to deal with ‘disruptive’ activities

    Target is remodeling the entrance of its store in downtown Minneapolis and adding security measures after seeing a rise in “disruptive activity” around the store in recent years. The store

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  • FDA bans sales of Juul e-cigarettes

    The Food and Drug Administration has ordered Juul to stop selling e-cigarettes in the U.S. “Today’s action is further progress on the F.D.A.’s commitment to ensuring that all e-cigarette and ele

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  • Nike makes Russia store closings permanent

    Nike made the decision to suspend retail operations in Russia three months ago in reaction to that country’s invasion of Ukraine. Management has decided now to fully shut down operations. “Our

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  • Retailers and brand bankruptcies may rise in 2022

    The retail industry went through two years during which sales were buoyed as a result of federal stimulus payments to consumers. With stimulus in the rear-view mirror and inflation on the rise, there

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