Department stores have struggled to adapt to the changing market during the pandemic as more shoppers shift purchases online and head to malls less frequently.
The National Restaurant Association requested priority for those who work in foodservice after first responders and the most vulnerable.
Biden's plans would more than double the current federal minimum wage of $7.25 an hour, which has not moved since 2009.
Families in lockdown shifted disposable income from other types of entertainment such as movie theaters, amusement parks and restaurants to toys.
The power of the internet is bringing individual investors together to crush hedge funds that are short GameStop, Bed Bath & Beyond and AMC.
Target said it will give $500 bonuses to all hourly workers and $1,000 to $2,000 bonuses to those in leadership roles.
Chipotle Mexican Grill will run its first-ever Super Bowl ad this year to highlight the farming practices of its suppliers.
A formerly bullish Wall Street firm on GameStop says it's time to sell the brick-and-mortar retailer's stock after a short squeeze.
Budweiser will not be running a commercial during the Super Bowl for the first time in 37 years.
Social media and e-commerce have shaken up the retail industry and raised stakes for companies trying to sell to China's increasingly price-conscious consumer.
TGI Fridays CEO Ray Blanchette is opposed to President Joe Biden's proposal to end the tipped minimum wage.
The chocolate and snacks company is trying to move quicker to adapt to changing consumer behavior as people shop more online and extend seasonal celebrations.
The market's optimism and economic realities could clash if Americans hold on to pandemic habits or spend conservatively because of the recession.
Saks Fifth Avenue Chief Executive Marc Metrick said luxury retail has been like "comfort food" for some shoppers during the Covid-19 pandemic.
American Eagle outlined its plans to close hundreds of stores in the coming years, while it looks to grow Aerie to a $2 billion business.
KKR and other major lenders to Belk are in talks with the department store chain to keep it out of bankruptcy, according to a Wall Street Journal report.
Procter & Gamble said its fiscal second-quarter revenue rose 8%, led by higher demand for its cleaning products and grooming tools.
Companies from Lululemon to Apple are betting that consumers are fully adjusting to working out from home, and the trend is here to stay, beyond the pandemic.
Chewy's sales and stock have benefited during the Covid pandemic and that's caused some investors to question whether that growth is sustainable.
Peloton shares tumbled after UBS downgraded the stock to sell from neutral, saying the runup over the past year leaves more downside risk for investors.
MyPillow CEO Mike Lindell said retailers including Bed Bath & Beyond and Kohl's are removing the company's products, prompting calls for boycotts.
The Dine Brands chain is hoping to entice customers with the easy portability of the burritos and bowls, which will be available all day.
The parent company of Office Depot said in a letter that it would be open to another deal that draws less scrutiny from antitrust regulators.
The pandemic has thrown the airline industry into turmoil. Analysts say at least airlines are doing a better job at cleaning their planes.
The high-tech stationary bike could be a security risk because of its camera and microphone, according to a report by Popular Mechanics.
Coca-Cola and PepsiCo will not be advertising their namesake sodas with Super Bowl commercials this year.
The major retail trade group predicted in November that 2020 holiday sales would rise between 3.6% and 5.2% year over year.
Lore joined Walmart in 2016 when the retailer acquired the start-up he co-founded, Jet.com, for $3.3 billion.
To keep costs low Planet Fitness locations don't have perks like pools and basketball courts but the company spends big on advertising. And that has helped membership soar.
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