Economy Mar 17 Panic buying leaves retailers scrambling to restock Grocers big and small are hiring more workers, paying overtime and limiting purchases on certain high demand items as they scramble to restock shelves that have been wiped out by panic shopping in response to the global viral pandemic.
Nation Mar 10 Walmart revises leave policy in face of virus Walmart is enacting an emergency leave policy for its 1.4 million hourly U.S. workers that allows them to take time off without penalty if they fear the spread of a new virus.
Economy Feb 28 Novel coronavirus fear creates a global run on face masks Many businesses are sold out, while others are limiting how many a customer can buy.
Economy Feb 04 Macy’s to close 125 stores, shed 2,000 corporate jobs The store closures represent about one fifth of Macy's current total. They didn't specify how many jobs would be lost at the shuttered stores.
Economy Feb 04 The clock is ticking for companies that depend on China imports If much of industrial China remains on lockdown for the next few weeks — a very real possibility — Western retailers, auto companies and manufacturers that depend on Chinese imports will start to run out of the goods they depend…
Economy Nov 30 Merry Clickmas: Black Friday online sales hit record $7.4B This year’s Black Friday was the biggest ever for online sales, and Adobe Analytics says carts filled on phones, computers and tablets rang up $7.4 billion in transactions.
Nation Sep 20 Walmart to stop selling electronic cigarettes at its stores The nation's largest retailer said it will complete its exit from e-cigarettes after selling through current inventory.
Nation Sep 05 CVS, Walgreens urge against openly carrying guns in stores Drug chains CVS and Walgreens as well as grocery chain Wegmans Food Market have joined the chorus of retailers requesting that customers refrain from openly carrying firearms in their stores even where state laws allow it.
Nation Sep 03 Walmart to stop selling handgun ammunition following mass shootings The announcement comes just days after a mass shooting claimed seven lives in Odessa, Texas and follows two other back-to-back shootings last month, one of them at a Walmart store.
Economy May 31 U.S. companies caught in the crossfire of Mexico tariffs threat Shares of General Motors Co., which imports more vehicles into the U.S. than any other U.S. automaker, slid 4% at the opening bell.