Reuters is reporting Wayfair will cut 870 jobs, among them approximately 400 in Boston, as part of a 5% cut of its global workforce. Niraj Shah, Wayfair CEO and co-founder,…

Warren Buffet famously said, “Only when the tide goes out do you discover who’s been swimming naked.” Never may that be more true than for retailers now, according to some…

Target’s second quarter profits fell 90%, missing expectations massively, as customers weighed down by inflation pulled back on spending on non-essential items. Most retailers have been having a tough run,…

Walmart’s operations looked to have stabilized after the company’s guidance was forced to admit it was facing a rough patch due to surging inflation for food and gas. The company…

Costco is facing a possible strike by unionized employees, as the boon it is enjoying due to inflation-strapped customers flocking to its low prices has generated profits that workers are…

On Wednesday, Walmart confirmed it has begun to lay off corporate employees. The confirmation comes a week after the company warned that due to inflation, consumers had pulled back on…

Investors began to worry about the retail sector following Walmart’s profit warning last Monday. However its subsidiary Sam’s Club appears to be thriving as inflation sends consumers on a mad…

Walmart just gave surprisingly downbeat guidance which has investors reassessing the likelihood of a recession. The biggest retailer in the world just slashed both second quarter and full-year profit estimates…

Amazon has announced it has filed suit against the administrators of roughly 10,000 facebook groups which it claims are behind fake review scams on the retailer’s website. Amazon is hoping…

The world’s largest clothing retailer H&M announced it will temporarily reopen its stores in Russia to sell off remaining stock before closing its doors in the Russian nation for good.…