CVS to close ‘select’ pharmacies in Target stores in the coming months

[ad_1] CVS Health plans to close select pharmacies inside Target stores early this year, a company spokesperson said Thursday, as retail pharmacy chains in the U.S. struggle to boost profits. …

Abercrombie, American Eagle and Lululemon raise holiday sales outlooks

[ad_1] Combination showing store signage from Abercrombie & Fitch and Lululemon stores. Getty Images Abercrombie & Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying…

Online holiday spending jumps nearly 5% to record, Adobe Analytics says

[ad_1] A UPS worker sorts packages in New York on Dec. 18, 2017. Adam Jeffery | CNBC Online spending rose 4.9% year over year, setting a record for e-commerce during…

From FedEx to airlines, companies are starting to lose their pricing power

[ad_1] A FedEx worker delivers packages in New York, May 9, 2022. Andrew Kelly | Reuters After years of unbridled consumer spending on everything from home improvement to dream vacations,…

Santa gets a behind-the-scenes boost from AI this holiday season

[ad_1] Manonallard | E+ | Getty Images For many Americans, it’s the first holiday season when most of the family may know the term “artificial intelligence” if it comes up…

Target blamed theft and violence for 9 store closures. Crime is higher at locations it kept open nearby

[ad_1] Target’s New York City store in East Harlem was housed within a larger shopping complex. Gabrielle Fonrouge | CNBC On Sept. 26, Target set off a national firestorm when…

Retail lobby group’s retraction of key crime claim shows how hard it is to track theft

[ad_1] Visitors enter the venue at The NRF 2020 Vision: Retail’s Big Show, held in New York, the United States, Jan. 12, 2020. Wang Ying | Xinhua News Agency |…

Walmart’s hiring and wage pressures have eased, CEO says

[ad_1] A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in…

Walmart CEO says consumers may not be as resilient next year, even as deflation starts to show

[ad_1] Holiday shoppers are turning to Walmart for groceries and gifts, but CEO Doug McMillon said it’s hard to predict how sales will look in the months after the peak…

More than 500 companies had perfect scores on top advocacy group’s LGBTQ+ index

[ad_1] Attendees hold large Pride flag at the 2023 LA Pride Parade on June 11, 2023 in Hollywood, California. (Photo by Rodin Eckenroth/Getty Images) Rodin Eckenroth | Getty Images In…