Retail industry

Recalled baby products sold on Facebook draw the ire of powerful committee in Congress

WASHINGTON — House lawmakers cited the continuing sale of recalled baby products linked to infant deaths on Meta‘s Facebook in…

Retail sales increased 0.7% in July, better than expected as consumer spending is holding up

Consumer spending held up well in July as inflation slowed, with retail sales turning in a stronger-than-expected showing for the…

The story of inflation, as told through your child’s backpack

Back-to-school shopping hasn’t been easy this year for Lauren Cyr. The mother of three has searched for deals and spread…

The fight over a bill targeting credit card fees pits payment companies against retailers

A bipartisan push in Washington to clamp down on credit card fees is pitting retailers against network payment processors —…

Retail bets on zero day options are growing, but they may come at a price

It’s a sophisticated trading strategy that’s becoming more accessible to retail investors. The strategy: Zero days-to-expiration options — which is…

TikTok Shop strikes ‘buy now, pay later’ partnership in Malaysia as part of e-commerce push

TikTok struck a partnership with “buy now, pay later” service Atome to offer installment payments on its e-commerce marketplace in…

Sens. Warren, Booker grill failed retailer Bed Bath & Beyond over allegedly denying severance

WASHINGTON — Home goods retailer Bed Bath & Beyond is facing scrutiny from Democratic lawmakers for allegedly evading severance pay…

100 million Squishmallows sold in a year — How the toy sensation joined Warren Buffett’s conglomerate

Shrewd business legend Warren Buffett has a whimsical side, buying companies whose products he personally enjoys like Dairy Queen and…

Overstock.com will change website name to Bed Bath & Beyond as deal closes

Overstock.com is going all in on failed retailer Bed Bath & Beyond. The e-commerce home goods retailer will no longer…

Retailers Shein and Temu violate U.S. tariff law and evade human rights reviews on imports, House report says

WASHINGTON — A House committee exploring economic competition between the U.S. and China on Thursday released a damning report connecting…