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Kohl's confirms approach about potential acquisition

NEW YORK (AP) — Kohl’s confirmed that it has been approached about a possible sale of the department store chain, sending shares up more than 30% in early trading Monday. The compan...

Amazon settles with NLRB to give workers power to organize

NEW YORK (AP) — Under pressure to improve worker rights, Amazon has reached a settlement with the National Labor Relations Board to allow its employees to freely organize — and without retaliation. ...

Modest 0.3% November retail sales bump, optimism still high

NEW YORK (AP) — Americans slowed their spending from October to November but continued shopping ahead of the critical holiday season, brushing off rising prices and shortages. Retail...

Union urges CEOs of food chains to reinforce mask wearing

NEW YORK (AP) — The nation's largest food and retail union is urging more than 60 retail and grocery chains to implement stronger measures to help protect hourly workers amid a surge of virus infectio...

Activist investor pushes Kohl's to sell or split e-commerce

NEW YORK (AP) — An activist investor is pushing department store chain Kohl's Inc. to either sell the entire company or spin off its e-commerce division. In a letter posted online on...

Holiday shoppers navigate shortages with mixed results

NEW YORK (AP) — Like many shoppers, Kathleen Webber understands the struggles of getting the right gifts for her three children this holiday shopping season amid widespread shortages. ...

Holiday season moves into high gear but challenges remain

NEW YORK (AP) — Buoyed by solid hiring, healthy pay gains and substantial savings, shoppers are returning to stores and splurging on all types of items. But the big question is: How...

Best Buy shares tumble on theft, supply constraints

NEW YORK (AP) — Best Buy Co.'s shares tumbled Tuesday after the nation's largest consumer electronics chain posted a decline in gross profit margin for the fiscal third quarter, citing organized theft...

Target to keep stores closed on Thanksgiving for good

NEW YORK (AP) — Target will no longer open its stores on Thanksgiving Day, making permanent a shift to the unofficial start of the holiday season that was suspended during the pandemic. ...

Strong sales, profit for Walmart on cusp of holiday season

NEW YORK (AP) — Walmart raised its outlook for the year after another surprisingly strong quarter as the largest retailer in the world flexed its scale to deal with rising costs and a snarled global s...

Brian Goldner, who led transformation a Hasbro, dies at 58

NEW YORK (AP) — Brian Goldner, who as CEO and chairman spearheaded Hasbro’s transformation from a toy company to an entertainment force, has died. He was 58. The announcement Tuesday...

Toymakers race to get products on shelves amid supply clogs

NEW YORK (AP) — Running out of time to get its products on store shelves ahead of the holidays, the Basic Fun toy company made an unprecedented decision: It's leaving one-third of its iconic Tonka Mig...

Olympic sport of schmoozing eludes corporate sponsors

NEW YORK (AP) — Screaming fans won't be the only thing missing from this year's Olympic Games in Tokyo. Behind the scenes, there won't much schmoozing for corporate sponsors either, thanks to the pand...

Best Buy president to leave after 17 years at chain

NEW YORK (AP) — Best Buy said Thursday that its president and chief operating officer is stepping down in July after more than 17 years with the chain. The Minneapolis-based consumer...

Brands weigh in on national protests over police brutality

As thousands of protesters take to the streets in response to police killings of black people, companies are wading into the national conversation but taking care to get their messaging right. ...