big-box retailers

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That Costco Hot Dog Might Cost You a Membership Fee

It appears the warehouse retailer may be cracking down on nonmembers using its food court

(Newser) - If popping over to your local Costco for a $1.50 hot dog and soda combo or $1.99 pizza slice is part of your affordable-lunch routine, you may need a membership soon for that. "There are some signs—literally—the laxity is coming to an end," USA ...

People Wait Years for This Wine Sold at Costco

There's a (very) limited supply now of Screaming Eagle's cab sav, but be prepared to pay thousands

(Newser) - A hint of something special at Costco arrived earlier this month on Reddit , when one user posted a picture of a row of wine bottles, one with an eye-popping price tag of $3,699.99. "Had to make sure I was seeing correctly," the person wrote in the...

Bed Bath & Beyond Workers Report New 'Punch in the Gut'

First stores closed; now employees say they're being denied severance they thought they'd get

(Newser) - Back in mid-March, a report emerged that Bed Bath & Beyond—which is closing most of its stores and trying to avoid filing for bankruptcy protection —wasn't planning on paying out severance to laid-off workers, even though it had done so during past layoffs. The news came via...

Teeming With Inventory, Kohl's, Gap Resort to 'Pack and Hold'

Clothing retailers are tapping into unusual strategies amid an inventory glut

(Newser) - As summer tilts toward autumn, major clothing retailers have found themselves with a massive glut of inventory, forcing many chains to make tough choices. Per CNN, discounts and promotions are the usual strategies for clearing excess goods, but that's not good enough for Kohl's and the Gap. Both...

Target Makes a Permanent Move on Thanksgiving

All stores will be closed on the holiday, this year and going forward

(Newser) - Target is bailing from one aspect of the holiday shopping rush: Its stores will be closed on Thanksgiving—not just this year, but on all Thanksgivings going forward, reports MarketWatch . The shift can be chalked up to the pandemic: The chain chose to close last Thanksgiving, and it also spread...

COVID Changing Big Retailers' Holiday Plans

Target joins Walmart in closing for Thanksgiving

(Newser) - The coronavirus is already causing big retailers to modify their holiday shopping season. On Monday, Target said it would close its stores on Thanksgiving for the first time since 2011, reports USA Today . The move comes after Walmart announced that it, too, would close on Thanksgiving, the first time that'...

'Essential' Hobby Lobby Keeps Trying to Reopen Stores Amid Virus

Arts and crafts chain has been defying stay-at-home orders, states are pushing back

(Newser) - Although parents holed up at home with young kids during the coronavirus outbreak may consider arts and crafts supplies a necessity to keep their little ones occupied, the state of Colorado doesn't deem stores that sell those supplies as essential businesses. That's the gist of a cease-and-desist letter...

Time and a Half for Working Thanksgiving? Not at Walmart

Employees will get modest store discount instead for working shifts this holiday weekend

(Newser) - Walmart will be operating at regular hours this Thanksgiving and Black Friday, but unlike retailers Target and Amazon, it won't be offering employees paid time and a half. In fact, as the Guardian reports, Walmart workers won't get any extra pay. Instead, they'll receive a 10% discount...

Come 2021, You Won't Find This in Macy's Anymore

You'll have to get your fur items elsewhere, save a few permitted exceptions

(Newser) - If you're accustomed to browsing for mink stoles, fur coats, and other fur-trimmed apparel at Macy's or Bloomingdale's, you'll soon have to find a new retailer to fill those needs. CBS News and the New York Times report on a Monday press release from Macy's...

Lowe's Just Made Another Big Move to Cut Costs

Thousands of maintenance, assembly workers have been laid off

(Newser) - Lowe's has been stumbling of late, with lagging sales and store closures . Now the home improvement retailer is saying goodbye to thousands of jobs: Maintenance and assembly staff—the folks who put together items such as grills for customers—at all of the chain's 1,800 or so...

Costco's Big Secret: It Doesn't Play by the Rules
Costco's Big Secret:
It Doesn't Play by the Rules
in case you missed it
Jul 6, 2019 1:40 PM CDT

Costco's Big Secret: It Doesn't Play by the Rules

It could be charging way more but just doesn't

(Newser) - To say that Costco has a legion of fans is no exaggeration: More than 51 million people ponied up more than $3 billion in membership fees in 2018 to get access to the chain and its mega-discounts. At the Hustle , Zachary Crockett looks at what's driving the cultish devotion...

Still Mourning Toys R Us? Wipe Away Those Tears

Sources say small-scale comeback is in the making, with e-commerce site, handful of US stores to open

(Newser) - A big-box chain that shut down all of its US stores last year is announcing a comeback of sorts, though it will be more small box than big box. There'd been hints in late 2018 and earlier this year that Toys R Us wasn't completely dead in the...

5 Astounding Facts About Walmart's Dominance

Only the DOD and China's military employ more people

(Newser) - Walmart "isn't a unicorn, and it's no longer sexy," Quartz asserts. But there's no denying that the No. 1 company on the Fortune 500 list is a retail powerhouse that seems nearly impossible to overtake. Some astonishing details about how it continues to dominate:
  • With
...

Here's a Study Walmart Is Sure to Hate

Researchers see correlation between stores, hate groups

(Newser) - Researchers have spotted a correlation between the number of Walmarts in a county and the number of local hate groups. Indeed, the number of stores appeared more significant than other area characteristics—unemployment, poor education, and high crime—commonly associated with hate groups. The researchers from Penn State, New Mexico...

Costco Fights Washington Liquor Laws

Big-box retailer seeks to cut middleman, boost profits

(Newser) - Costco is out to change the face of alcohol distribution—and, not coincidentally, sell booze at the same steep discount it applies to everything else. It’s starting with a push in its home state of Washington, where the retain giant has pumped $500,000 into a campaign to change...

Wal-Mart Wants to Conquer Rest of World Now

Slow domestic demand shifts megastore's focus abroad

(Newser) - Wal-Mart may be quintessentially American, but the chain's focus is becoming increasingly international. With the US consumer listless and purchasing power growing—despite the recession—in many developing countries, Wal-Mart is following demand abroad. Its international division reached $100 billion in sales last year, and the company will soon have...

Recession, Competition Imperil Malls

100 shopping centers could be 'dead' by year's end

(Newser) - A half-century-old American standby is ailing as shopping malls around the country struggle to stay afloat, the Wall Street Journal reports. Same-store sales in shopping centers fell 6.5% in the year ending March 31, and the biggest mall operator has seen sales drop 7.3%. Some 100 malls could...

Revamped Dollar Stores Cash In on Recession

More food, cleaner aisles lure shoppers

(Newser) - When the recession sent pinched consumers hunting for bargains, dollar stores were ready. Cluttered aisles of cheap treasures have been replaced with stocked fridges and neat rows of mustard and canned beans. Half of US households now shop at dollar stores monthly, and 18% more $100,000-plus households started frequenting...

Circuit City Powers Down


  Circuit City Powers Down 
Mar 8, 2009 10:13 AM CDT

Circuit City Powers Down

Electronics retailer offers one more day of deep discounts

(Newser) - Today is the last day to benefit from the deeply slashed prices at the nation's closing Circuit City stores, NPR reports. Not everyone is pleased with the remaining selection of unwanted laptops and lonely printers, but shoppers are still finding deals, and the soon-to-be jobless employees seem to be doing...

Retail Drives Dow Down 122
 Retail Drives Dow Down 122 
MARKETS
Feb 4, 2009 3:15 PM CST

Retail Drives Dow Down 122

Bank of America continues fall as government fix remains unclear

(Newser) - The stock market saw losses today as ugly earnings reports and continued uncertainty over the banking sector soured investor confidence, the Wall Street Journal reports. Bank of America, off 10.6%, was that sector’s big casualty; a grim forecast pushed Costco down 6.8%. The Dow fell 121.70...

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