Walgreens agrees to be acquired by private equity firm for almost $10 billion
Walgreens Boots Alliance says it has agreed to be acquired by Sycamore Partners.
Retail
A 40-day Target boycott began this week. What to know about the protest and its potential impact
The boycott protests the discount retailer’s decision to end some of its DEI initiatives.
Toys are expected to cost more by fall due to new US tariffs on Chinese imports
The Toy Association notes that nearly 80% of the toys sold in the U.S. are...
Costco expands weekday pump hours at its gas stations
Customers weary of long lines for cheaper gas can plot a trip after dinner to...
PepsiCo buys prebiotic soda brand Poppi to gain a foothold in functional drinks
The brand took off in 2018 after an appearance on “Shark Tank.”
Americans increased spending tepidly last month as anxiety over the economy takes hold
Americans are shopping more cautiously concerned about the direction of the economy.
The rise and fall of fashion pioneer Forever 21
At its peak, Forever 21 operated 800+ stores worldwide and earned billions in revenue.
Major retailers tamper expectations for 2025 as Americans slow their spending
Some retailers are beginning to take a more cautious approach as they keep a closer...
What to know about Trump’s tariffs and their impact on businesses and shoppers
Companies big and small will face higher costs on the goods they buy from other...
Kroger Chairman and CEO resigns following investigation into personal conduct
Kroger said his personal conduct was inconsistent with its business ethics policy.