Retail

Most recent stories in Retail

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  Business Insider

  

  8 hours ago

  This family's cymbal-making business has survived 15 generations

  Business Insider - Nikita Grant

  The Avedis Zildjian Company is the the oldest cymbal maker in the world. For 400 years, the family business survived migration, a world war, and the worst economic crisis in America.

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  Business Insider

  

  9 hours ago

  Dollar General says it relied too much on self-checkout and will hire more staff

  Business Insider - Dominick Reuter

  Add Dollar General to the list of retailers rethinking their self-checkout strategies as they head into the new year. The discount retailer said Thursday it will beef up staffing in its stores' checkout areas after the company reported slowing sales growth and rising rates of missing inventory, or …

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  Business Insider

  

  15 hours ago

  I visited Home Depot and Lowe's to see how the home improvement stores stack up for both pros and DIYers

  Business Insider - Dominick Reuter

  On paper, the world's top two home improvement retailers, Home Depot and Lowe's, are remarkably similar. Each operates roughly 2,000 US stores. Both sell a similar range of merchandise from similarly sized warehouses, serving a similar customer base of professional contractors and do-it-yourself …

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  Business Insider

  

  16 hours ago

  A retail group said organized retail crime accounted for 'nearly half' of 2021's $94.5 billion inventory loss. It didn't.

  Business Insider - Dominick Reuter

  The National Retail Federation just confirmed what many have suspected — reliable stats about organized retail crime are hard to come by. In a remarkable reversal, the industry group has retracted a key statistic about the impact of organized retail crime (ORC) in 2021 after it could not support the …

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  Business Insider

  

  16 hours ago

  Amazon just gave the clearest sign yet that it's nervous about Shein

  Business Insider - Jennifer Ortakales Dawkins

  Amazon may be buckling under the weight of fast-fashion retailer Shein's success. On Tuesday, Amazon announced it would reduce its seller fees from 17% to 5% for apparel under $15. Clothing priced between $15 to $20 will incur a 10% fee. The new rates will start in January. The e-commerce giant …

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  Business Insider

  

  16 hours ago

  McDonald's plans to start selling bigger burgers

  Business Insider - Grace Dean

  McDonald's is eyeing even bigger burgers, the fast-food giant's CEO told CNN. "In the US, in a number of markets, around the world, having a larger burger is an opportunity," Chris Kempczinski told CNN. "We're working on that. That is something that you should expect in the future." In a document …