Retail

This Friday activist firm Elliott Management announced their plans to acquire bookselling company Barnes & Noble, for approximately $683 million. Barnes & Noble have had severe problems in the book market for a long time, so this news comes as…

The Holistic (Body, Mind, and Soul) industry is focused on helping humans maintain healthy minds to increase physical health and productivity. Wellness experts emphasize that the body, mind, and spirit (or soul) are one continuum and should not be thought…

Nasal nightmare CVS Health’s 12 Hour Sinus Relief Nasal Mist is one product that was removed from shelves on Wednesday after the FDA found that the nasal spray contained a microbiological contaminant. FDA officials state that the contaminant is called…

Self-driving carts Walmart announced on Friday that it will test automated carts in order to speed up online grocery orders. The supermarket giant revealed that its location in Salem, New Hampshire will now feature self-driving carts that move down aisles,…

Bankrupt Brookstone Technology and furniture retailer Brookstone announced on Thursday that it will file for Chapter 11 bankruptcy. The company reported that it will close all of its mall stores but will keep its airport locations. Brookstone is still looking…

Do you take Visa? Supermarket chain Kroger announced that it may ban Visa cards from its store because of the fees the credit card company charges per transaction. In fact, some of its subsidiaries have already taken action. California-based Foods…

Under Armour faces major cash problem On Thursday, Under Armour announced that it will add $80 million to its previous $130 restructuring plan. The sports apparel company also announced losses of almost $96 million last quarter, compared to just $12.3…

Waymart? Walmart revealed Wednesday that their location in Chandler, Arizona will feature self-driving cars that lead customers to and from the store. When customers buy groceries online, a Waymo self-driving car will be sent to pick them up and then…

Nike says “Just Do It” to wage increases Nike announced on Monday that it will increase the wages for roughly 7,000 employees. Spokeswoman Sandra Carreon-John explained that Nike reviews wages annually, but they took an even closer look this year.…