June brought with it the long-awaited opening of the Lansing-area’s first Trader Joe’s near East Lansing. A few days later, a mainstay of 27 years, independent grocery store Foods for Living, permanently closed its doors less than a mile away. The area also welcomed a few new restaurants, and a vineyard and winery, while a […]
Steve Debenport / Getty Images/iStockphoto You may remember that Walmart made headlines earlier this year for its manager salaries. At the time, it was reported some Walmart managers could now earn more than $400,000 a year without a college degree. According to NBC News, “Combined with a previously announced new average salary of $128,000 and […]
Jun. 18—Fireworks retailers are stocking tents with pyrotechnics this week in preparation to market goods for Independence Day displays. But consumers in Santa Fe face a hazy set of fireworks regulations ahead of the holiday. City officials recently sent a reminder to residents about a 2023 ordinance that essentially calls for a prohibition of certain […]
St. Paul planning staff have proposed altering city zoning codes to regulate future cannabis retailers, prohibiting them within 300 feet of schools. Retailers spanning more than 15,000 square feet would be required to obtain a conditional use permit unless they’re in an industrial zone. Lower-potency, hemp-derived products could still be sold at bars and restaurants […]
Hoping to curb New York’s ever-worsening retail crime challenges, state lawmakers last week passed a bill requiring many retailers to install panic buttons in their stores. This may sound logical, and it was undoubtedly well-intentioned. But the truth is that it’s a costly mandate that will do little to reduce retail thefts and other crimes […]
By M. Sriram and Dhwani Pandya MUMBAI (Reuters) – In a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy’s grocery warehouse race against time to deliver orders within 10 minutes. Their speed is tracked by the seconds on a screen that flashes red warnings for slowness. Outside in sweltering heat, Swiggy’s bikers, sporting the firm’s […]
More from Footwear News Bloomingdale’s chief merchant Denise Magid said the 150-year-old department store “has only just begun to tap into our full potential.” “I take immense pride in the evolution we’ve undergone in recent years,” Magid said. “We’ve enhanced our assortments, fortified our point of view and curation, and elevated both our digital and […]
Discount stores and athleisure retailer Lululemon wrap up retail results Wednesday amid a mixed bag this earnings season. Dollar Tree (DLTR) and Ollie’s Bargain Outlet (OLLI) report early Wednesday. Five Below (FIVE) and Lululemon (LULU) round out results after market close. However, OLLI stock is the only one shaping up near a buy point. X […]
Abercrombie & Fitch (ANF) reported fiscal first-quarter earnings early Wednesday that easily beat views. Abercrombie & Fitch stock rose before the open after hitting a fresh all-time high Tuesday. Rival American Eagle Outfitters (AEO) is due after the close X The trendy youth apparel retailers are reporting as investors closely watch the impact of lingering […]
NEW YORK (AP) — Americans who spend Memorial Day scouting sales online and in stores may find more reasons to celebrate the return of warmer weather. Major retailers are stepping up discounts heading into the summer months, hoping to entice inflation-weary shoppers into opening their wallets. Target, Walmart and other chains have rolled out price […]
JHVEPhoto / Getty Images One of the most noticeable impacts of inflation in recent years has been the rise of grocery prices. From 2019 through 2023, food prices outpaced the overall inflation rate, rising a total of 25% according to the U.S. Department of Agriculture. As a result, some grocery stores have gotten too expensive […]
By Arriana McLymore NEW YORK (Reuters) – Traces of banned Chinese cotton were found in 19% of a sample of merchandise selling at U.S. retailers in the past year, a study showed, highlighting the challenges of complying with the U.S. law aimed at blocking imports of cotton linked to forced labor in China. In the […]