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Retail industry

Inflation outrage: Even as prices stabilize, Walmart, Chipotle and others feel the heat from skeptical customers

Inflation may be cooling, but consumers' outrage over higher prices is running hot.TikTok users blasted Walmart for rolling out digital shelf labels that allow...

Peloton staved off the cash crunch that threatened its business. Where does it go now?

A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures...

Beijing raises duty-free limit for mainland tourists in Hong Kong to HK$16,100

A separate joint statement from several central government departments said that mainland residents aged 18 or over could have their duty-free allowance raised to...

Walmart is laying off, relocating hundreds of corporate workers across the country. Read the memo

Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters.The big-box retailer confirmed the...

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