retail industry

Target said it will give $500 bonuses to all hourly workers and $1,000 to $2,000 bonuses to those in leadership roles.

On Thursday MGM and Sony both announced that major films from their 2021 slate would be postponed. Among those titles are the latest James Bond flick “No Time to Die” and “Ghostbusters: Afterlife.”

Taco Bell is bringing back its popular potatoes and will test Beyond Meat’s beef substitute in a bid for vegetarian customers.

Urban Outfitters shares tumbled after the apparel retailer reported disappointing holiday sales and announced its current chief executive is set to depart.

Walmart is launching the pilot as more customers look for convenient and contact-free ways to stock their fridges.

The retail giant interacts with millions of customers, including some who don’t have a relationship with a bank or a financial advisor.

Shares of Shake Shack rose 6% in morning trading after the company said its fiscal fourth-quarter revenue grew, following several quarters of sales declines.

Today’s homes boast a wide range of technologies and connected devices.

The ice cream maker has developed Doggie Desserts, two flavors of frozen treats that will be sold at grocery and pet stores

Lending advocates are hopeful the funding will help to bridge the gap for small companies and minority-owned businesses that may have missed out last year.

L Brands said its same-store sales during the holiday period were up 5%, compared with a 3% drop a year earlier.

Ruggeri will be CFO when Grismer retires on Feb. 1.

Shipments processed at the Port of Los Angeles were up 22% in November as American consumers bought more goods online, Executive Director Gene Seroka said.

“They might not redeem their cards until the second quarter, and it may trickle in during the course of the year,” former Walmart U.S. CEO Bill Simon said.

“Retailers who have a weak balance sheet today aren’t going to get relief in January. It’s going to get tougher,” ex-Macy’s CEO Terry Lundgren told CNBC.

Clothing stores and specialty retailers are offering big discounts and heavily promoting curbside pickup in hopes of rescuing a lackluster holiday shopping season

Coca-Cola will cut about 2,200 jobs in its global workforce as part of a broader restructuring of its business.

“We think the stores are still here to stay, but coupled much closer to the online experience,” Adidas CEO Kasper Rorsted told CNBC.

The coronavirus crisis has caused serious challenges for many retailers but experts say there are reasons to be positive ahead of the holiday shopping season.

“It’s still important to get people physically in the stores. I still think brick-and-mortar is not going to go away,” Costco CEO Craig Jelinek told CNBC.