Shoplifting is on the rise in the U.S.
The National Retail Federation says it's a problem impacting every state, which the organization says cost retailers $94 billion in 2021. The NRF says the broader problem focuses on organized retail crime.
Amazon encourages customers to pick up goods
In a move to slash costs amid a slump in consumer spending, Amazon is offering customers $10 to pick up a purchase rather than have it shipped to a home address.
Where did Bed, Bath & Beyond go wrong?
One of the icons of both American retail and the meme stock craze is calling it quits. Here's why Bed, Bath & Beyond couldn't survive.
Alibaba eyeing IPO for online shopping arm
Alibaba Group Holding Ltd.'s international online shopping unit is exploring a US initial public offering as it weighs options to spur growth for the business that includes major e-commerce brands Lazada and AliExpress.
Euro Zone inflation rises to 7%
Inflation in European countries using the euro currency inches higher to 7% in April as the squeeze on households extends.
Bed Bath & Beyond files for bankruptcy
Bed Bath & Beyond — one of the original big box retailers known for its seemingly endless offerings of sheets, towels and kitchen gadgets — filed for bankruptcy protection, following years of dismal sales and losses and numerous failed t...
U.S families turn to Buy Now, Pay Later
Almost half of Americans have used buy now, pay later apps and of those, about 1 in 5 rely on them to buy groceries, according to a recent survey.
Alibaba splits into six different business units
Alibaba Group Holding Ltd. plans the biggest overhaul since its inception more than two decades ago, splitting its $220 billion empire into six units that will individually raise funds and explore initial public offerings. Stephen Engle ...
Consumer prices rose more than expected in February
The CPI, excluding food and energy, increased 0.5% last month and 5.5% from a year earlier, according to Bureau of Labor Statistics data.
How a Welsh village saved its local shop
Local residents have taken over a hardware store in Newport, Wales, and are running it themselves — some even as volunteers. For them, the store is an institution, and maintaining it is a love project.
Watch: Koala goes to the shops
A koala walked into a convenience store in South Australia, exploring the aisles and even climbing onto a staff member's leg as another co-worker recorded the close encounter.
Amazon to cut more than 18,000 jobs, CEO says
Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact that the online retail giant had "hired rapidly" during the pandemic.
Amazon workers stage Black Friday walkouts
Amazon employees in more than 30 countries are striking in protest against the company's labour policies. The actions coincided with one of the busiest shopping days of the year - Black Friday.
Walmart manager kills six staff
A Walmart employee killed six people and wounded several others before fatally shooting himself at a store in Chesapeake, Virginia, authorities said on Wednesday, in the latest episode of gun violence in the United States.
Greece: Plan to cut prices of essential goods
Shoppers in Greece say they're not convinced over a government scheme to cut prices of essential goods. "I do not believe this measure will be any help. It is just a trick to fool the consumers”, said one customer.
Romanian shoppers hunt for bargains in Ukraine
"Detergent [in Ukraine] is cheaper than in Romania ... [by] about two euros", said one Romanian shopper, venturing into the war-torn country.
Royal mourning boost for London businesses
Visitors crowding into central London from as far away as the US and India are giving a boost to businesses at a time when the British economy is facing a cost-of-living crisis. Restaurants, hotels, cafes and pubs packed after over 2 yea...
Online prices hit by inflation
Maybe the internet doesn't offer the best deals. Online prices are on the rise again. Scarlet Fu has more from Quicktake.
The growing trend of 'shopping to sell'
Gen Z see resale shopping as something of a sport, buying used luxury goods with the goal of selling them later at higher prices. Madison Mills and Martine Paris have more on the latest inflation hack.
Nike ditches Russia
Nike is closing its doors in Russia, becoming the latest Western brand to depart the country since Putin's invasion of Ukraine began. While the company halted all online sales and closed the stores it owned back in March, a number of o...
Amazon introduces 5% 'inflation' fee
Amazon.com Inc. is instituting a 5% fuel and inflation fee April 28 on online merchants that use its shipping services. Bloomberg Quicktake's Alex Webb examines the potential impact on merchants and consumers.
Global retail affected by Russian sanctions, boycott
Amid Russia's attack on Ukraine, major businesses from BP to Big Tech like Apple have been pausing their business dealings with the invading nation. Brian Walker, chief strategy officer at commerce software company Bloomreach, joined Ch...