Walmart warns of potential price hikes due to tariffs, despite strong Q1 results and eCommerce growth. The retailer remains optimistic about future sales.
Dick's Sporting Goods is reportedly nearing a $2.3 billion deal with Foot Locker, offering an 86.5% premium. The deal could be finalized by Thursday, impacting retail dynamics.
Igloo recently expanded a worldwide recall of a specific cooler that could amputate fingers. Since the original recall in February, 78 people have been injured, and 26 fingers have been lost.
Rite Aid is shuttering more stores after filing for Chapter 11 bankruptcy protection for a second time in two years. The traditional pharmacy model has been facing various challenges.
Target is removing self-checkout lanes, citing a rise in theft and shopper frustration, joining Walmart and others in scaling back automation to combat shoplifting.