U.S. Retail Sales Declined in May as Inflation Stings Consumers
Americans’ retail spending declined in May, as consumers felt the pinch from inflation, higher gasoline prices and rising interest rates.Retail...
Specialty Retailing
FanDuel CEO Amy Howe Wants to Help the Sports-Betting Business Grow Up
LOS ANGELES—Ahead of the year’s biggest gambling event, FanDuel Group Chief Executive Amy Howe was spreading her message of confidence...
As Gas Prices Near $5 a Gallon, Record Fuel Costs Upend Businesses, U.S. Economy
As U.S. gasoline prices approach a record average of $5 a gallon, fuel costs are rippling through almost every corner...
Trader Joe’s Workers Seek to Form a Union
A group of Trader Joe’s employees in Massachusetts filed with a federal agency to hold a union election, joining other...
WSJ News Exclusive | Kohl’s Enters Exclusive Talks to Be Sold to Vitamin Shoppe Owner
Kohl’s Corp. is in advanced talks to be sold in a deal that could value the department-store chain at roughly...
Corporate Executives Assess U.S. Economy as Clouds Form
Over the past week, business leaders have laid out in the starkest terms yet that a period of universal strength...
Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers
Tesla (TSLA)$40,723-12%0099,290Automobiles & ComponentsBerkshire Hathaway (BRK-B)$58,881-14%6.35.6371,653Banks and financialActivision Blizzard (ATVI)$117,20718%7.01,5609,800Media & EntertainmentCopart (CPRT)$35,6381%147278,600Commercial & Professional ServicesAlphabet (GOOGL)$295,8848%2127156,500Media & EntertainmentMarketAxess (MKTX)$162,1209%3542676Banks...
Big Lots, Hibbett Become Latest Retailers to Show Inflation Pain
Big-box chain Big Lots Inc. BIG -11.15% and sporting-goods retailer Hibbett Inc. HIBB 1.96% both posted double-digit sales declines Friday,...
Household Spending Rose in April
A closely watch U.S. inflation reading eased in April for the first time this year while consumers boosted spending by...
Old Navy to Scale Back Its Inclusive Sizing Strategy
Old Navy is scaling back an attempt to make women’s clothes more inclusive for all body types, after demand for...
Best Buy’s Sales Cool, and It Warns of a Rough Year Ahead
Best Buy expects higher supply-chain expenses to be worse than previously predicted this fiscal year.. Photo: Joe Raedle/Getty Images Electronics...
Used-Car Buyers Are Seeing Relief on Once-Soaring Prices
Rising used-car prices, which have been a big contributor to inflation over the past year, are starting to ease with...
For Instacart Shoppers, the Job Is Getting Harder, Slower
The pandemic made shopping for Instacart Inc. one of the hottest jobs in the supermarket business. Now, it is getting...
WSJ News Exclusive | Bed Bath & Beyond’s Buybuy Baby Draws Buyer Interest
Bed Bath & Beyond has been exploring alternatives for Buybuy Baby. Photo: Michael M. Santiago/Getty Images Updated April 22, 2022...
Home Depot Revamps Tech Leadership With Focus on Customers
Home Depot Inc. is doubling down on online shopping, curbside pickup apps and other digital efforts that helped propel sales...
The Pandemic Was Supposed to Push All Shopping Online. It Didn’t.
When millions of locked-down Americans went online during the Covid-19 pandemic, it looked like the possible start of a permanent...
Baby-Formula Shortage Prompts Rationing at Target, Kroger, Walgreens and CVS
The biggest U.S. retailers are rationing baby formula as a recall by the maker of Similac and other popular brands...
China’s Latest Covid-19 Lockdowns Begin to Drag on the Economy
China’s strict Covid-19 lockdowns in Shanghai and other industrial hubs are beginning to weigh on its economy, with auto sales...
Amazon Workers’ Union Victory Bolsters Revitalized Labor Movement
The union victory at an Amazon.com Inc. warehouse in New York City is the latest example of renewed interest in...
Toyota, GM Report Slowing U.S. Auto Sales
Major auto makers reported a pullback in U.S. sales for the first quarter of 2022, as a shortage of vehicles...
