Retail News
CVS to cut about 2,900 jobs as the company aims to reduce costs
Glenview Capital met with CVS Health's management but denies reports that it is pushing for a break-up of company.
Walmart gives U.S. companies 'Golden Tickets' to shelf space and access to global markets
The event was part of Walmart's ongoing $350 billion commitment to source products made, grown, or assembled in the U.S.
Costco's sales growth slows in Q4, but earnings beat estimates
For the full fiscal year, Costco posted net sales of $249.6 billion, a 5% rise compared to the 53-week fiscal 2023.
Adobe: Online holiday spending in the U.S. to break records at $240.8 billion
Report anticipates discounts of up to 30% off listed prices as retailers compete for consumer dollars.
Meijer surpasses carbon emissions goal a year ahead of schedule
"We’re not only driving positive change but also setting an example for the entire industry.”
DOJ sues Visa over alleged antitrust violations in debit card market
Merchants applaud lawsuit, saying competition is needed in swipe fees that raise costs for retailers and consumers.
Gen Z is willing to pay more for sustainable groceries, survey finds
Three-quarters of respondents expressed concern about the future of the climate.
Village Super Market CEO Robert Sumas plans to step down, effective December 13
John J. Sumas will be CEO, and Nicholas Sumas will be president and board chairman.