Tag: retailers

Ingka Group, the owner of most IKEA furniture stores, is planning additional price cuts as some input costs ease, its retail manager told Reuters ...

A big US furniture company this week fired all of its 2,700 employees while they were sleeping, telling them in ...

Best Buy on Tuesday forecast a smaller drop in annual sales than it had previously estimated, saying it was confident that a ...

Amazon is laying off employees in its devices and services units, America’s second largest private employer informed its staff on Wednesday ...

Walmart proposed a $3.1 billion legal settlement on Tuesday over the toll of powerful prescription opioids sold at its pharmacies, becoming ...

Michelle Gass, CEO of struggling department store chain Kohl’s, will step down from her role early next month to become ...

Amazon to freeze hiring in corporate workforce Breaking News Click to close

Amazon projected current-quarter sales below Wall Street estimates on Thursday as decades-high inflation and intense competition from rivals such as Walmart weigh ...

Top Rite Aid executives grumbled about a widespread shoplifting problem in New York City after the retailer reported worse-than-expected quarterly ...

Ancora Holdings, one of the hedge funds that spearheaded a board shake-up last year at Kohl’s, is now pushing for the ...