Product that tells our story
An Illinois-based Costco shopper is suing the big-box retailer for tariff refunds in a possible class-action case after President Trump’s core import taxes were overruled last month. Matthew Stockov, a Costco member, bought food, electronics, household items, small appliances and hygiene products from Costco that were imported from other countries and sold at “inflated” prices […]
Online seller eBay wants a bigger share of the Gen Z market. The online seller has agreed to purchase secondhand fashion marketplace Depop from Etsy for about $1.2 billion in cash, the companies said Wednesday. The deal comes at a time when used clothing has become increasingly popular, sought out by shoppers searching for unique […]
Shares in home furnishing retailers jumped Friday after President Trump announced a one-year pause on higher tariffs on upholstered furniture, kitchen cabinets and vanities. Luxury furniture retailer RH rose 9.5% and online retailer Wayfair jumped 6.3%. Stock for Williams-Sonoma, which sells kitchenware and home decor, increased 5.3%. President Trump unveiling his tariffs based on the […]
Target CEO Brian Cornell is stepping down next year after over a decade at the helm as the embattled retailer undertakes a high-stakes turnaround effort aimed at reigniting growth and reversing sliding sales. The Minneapolis-based company’s board of directors unanimously elected Michael Fiddelke, the company’s current chief operating officer, to succeed Cornell and become a […]
Frustrated workers at Amazon’s largest facility in Staten Island walked out on the job Saturday morning, joining a nationwide strike against the retail giant just days before Christmas. Workers from the JFK8 Fulfillment Center, which employs a staff of about 5,500, joined the picket lines in solidarity with thousands of employees from warehouses across the […]
Shrugging off speculation that the Ladies’ Mile shopping corridor was losing its juice, Burlington Coat Factory is doubling its space by moving to 620 Sixth Ave., the 1896-vintage, cast-iron building that’s one of the most iconic structures on the avenue between West 14th and West 23rd streets. The clothier signed for just under 80,000 square feet, […]
