Wayfair Laid Off 5 Percent of Its Workforce, Stock Takes a Hit
Wayfair laid off about 5 percent of its global workforce as it attempts to realign its business priorities. What do Wayfair layoffs mean for the company?
Retail & Wholesale
Market Realist tracks the latest news on stock performance, acquisitions, and earnings in the retail and wholesale sectors.
Earned Wage Access: Modern Payment Model, Explained
A modern payment model called earned wage access is taking over the retail sector. What is it and how is it different from a regular paycheck?
Dollar General Hit With $1.2M in Fines for Workplace Hazards
Dollar General was recently fined nearly $1.3 million for “habitually disregarding workplace safety.” The discount retailer has has been hit with more than $6.5 million in penalties since 2017.
Bed Bath & Beyond's Reddit-Fueled Rally Looks Unsustainable
Bed Bath & Beyond stock has more than doubled from its 2022 lows. Should you buy BBBY stock amid its Reddit-fueled rally?
Blue Nile vs. Brilliant Earth: Reviewers and Customers Compare the Online Jewelers
Blue Nile vs. Brillant Earth—what’s the difference between the two online jewelers? See how reviewers and customers rate the options.
Issey Miyake Built an Impressive Net Worth as a Fashion Designer
Issey Miyake, Japanese fashion designer, has died at age 84. Who owns the Issey Miyake design house?
Fraudulent Amazon Scam Calls Get More Creative
Amazon scam calls have been happening for years. What are the latest Amazon scam calls about?
The Odds of a Recession Rise Amid News of Walmart's Job Cuts
There's been a flurry of layoffs in 2022. Now, Walmart, the largest employer in the U.S., is also laying off employees.
Lowe's Owns and Sells Kobalt Tools, Products Are Made in China
Kobalt, one of Lowe's biggest tool brands, makes products such as drills and saws. Who makes Kobalt tools for Lowe's? Kobalt isn't made in the U.S.
Will Alibaba Delist? Chinese Company to Comply With U.S. Regulators
Alibaba could be at risk of delisting in the U.S. thanks to the SEC’s list of at-risk Chinese companies trading through the U.S. public market.
GameStop Removes NFT Collection That Resembles 9/11 Photo
GameStop already made people skeptical when it announced its NFT platform, but now with a strange 9/11 NFT release, there will be even more skeptics.
How Costco Makes Most of Its Money — Not From Its Hot Dogs
Costco CEO Craig Jelinek says the big box retailer won't increase the price of its hot dogs. So, how does Costco make money? Here's what we know.
What's Happening with GameStop? Stock Split, Layoffs, and More
The news just keeps coming for GameStop (GME), which announced major layoffs and fired its chief financial officer amid a stock split.
GameStop Stock Rises After Stock Split Announcement, Michael Burry Pokes Fun at It
GameStop announced a 4:1 stock split on July 6, driving share prices up on on July 7. GameStop investor Michael Burry also recently made headlines.
Amazon Prime Day Deals Are Now On—Even Electronics
Amazon Prime Day is scheduled for July 12 and13, although the company is already offering deals on various electronics.
Baby Phat Relaunched in 2019 — Where the Iconic 90’s Brand Stands Now
Kimora Lee Simmons left Baby Phat in 2010 and repurchased it in 2019. Simmons relaunched a limited collection. Here's where the brand stands now.
Walmart Plus Can Be Valuable for Frequent Shoppers
Walmart Plus was built to offer consumers a premium experience while shopping, similar to Amazon Prime. Is Walmart Plus worth it?
Ann Walton Kroenke Made Her Money From Father Bud Walton's Walmart Role
Ann Walton Kroenke is one of two heiresses of Bud Walton, the co-founder of Walmart. Though not as wealthy as Sam Walton's children, Kroenke is a multibillionaire.
Target Plans to Cut Prices on Goods to Prepare for Upcoming Seasons
Target is making an effort to get rid of unwanted inventory by cutting prices on goods and canceling orders from manufacturers. Here's what to expect.
Walmart Heir Rob Walton’s Net Worth Before Potential Broncos Buy
Walmart Heir Rob Walton is one of three surviving children of Sam Walton. His net worth is nearly $60 billion. Walton might buy the Denver Broncos.
Costco Stock Split May Be Coming After More Than Two Decades
Costco Wholesale (COST) hasn’t split in more than two decades. Here’s why the rising stock may be due for a split in the foreseeable future.
Moms Might Receive Fewer Flowers This Mother’s Day Due to Shortages
With Mother's Day is approaching, the demand for flowers is rising. However, flower shortages may mean moms won't get their bouquets this year.
Abercrombie & Fitch: Current and Former Owners Shaped the Retail Giant
Currently, A&F is owned by Abercrombie & Fitch Co. and has selected Fran Horowitz to serve as its CEO. Let's take a look at the company's history.
Netflix’s ‘White Hot’ Delves Into Abercrombie & Fitch’s Scandal-Ridden Past
Ambercrombie’s CEO scandal gets another look in Netflix documentary ‘White Hot,’ which details the company’s dramatic Mike Jeffries era.
Need To Buy a Mattress? You May Want To Hold Off Until They Go on Sale
Anyone who wants a good night's sleep should invest in a good matress. When do mattresses go on sale?
After April 16, There Will Be Only Three Kmarts Left in the U.S.
Kmart, once a retail empire, seems to have become nonexistent these days. Here’s why.
Who Owns Kmart and Is the Retailer Going Out of Business?
Kmart will only have three stores open in the U.S. Who owns Kmart and is the once popular retailer going out of business? Here's what consumers can expect.
Want to Expand And Sell Beyond Etsy? Here Are a Few Alternatives To Try
Whether you’re taking time away from Etsy to make a statement or simply wish to take your business elsewhere, there are alternatives for Etsy sellers
Gateway Computers Had a Surprising Comeback at Walmart
What happened to Gateway computers? The computer company with cow-spotted boxes suffered a rough 2000s but had a comeback in 2020.
Fanatics’ Valuation Has Grown Four-Fold in 1.5 Years
Fanatics, a top online sports merchandise retailer, has been valued at $27 billion, four times its valuation in Aug. 2020. Is Fanatics a public company?
Want to Cancel Your Planet Fitness Membership? Here Are 2 Ways to Do It
If you signed up for a Planet Fitness membership but aren't using it, it may be a good idea to cancel it. Here's how to do that.
E-Commerce Giant Shein Isn’t Likely To Go Public in the U.S. Anytime Soon
Shein, looking to raise $1 billion in funding, is valued at $100 billion. Who owns the e-commerce company? Could it IPO in 2022?
You Can Redeem Your Walgreens Cash Rewards in a Few Simple Steps
If you’ve managed to rack up Walgreens Cash rewards, here’s what you’ll need to do to redeem them.
Shein Owner Chris Xu Is As Elusive About His Wealth as His Business Practices
What’s the net worth of the company Shein and its owner, Chris Xu? Learn more about the fast fashion brand now facing infringement accusations.
No, Wayfair Isn't Owned by Walmart — Companies Do Have a Relationship
Is Wayfair owned by Walmart, as Twitter users have claimed? See what the two companies say about their relationship—and what assets Walmart does own.
Sellers Are Boycotting Etsy In Response to Transaction Fee Increase
E-commerce company Etsy is in hot water with its sellers. They're boycotting Etsy and have gone on strike, demanding that their requests be met.
Joy Mangano’s Ingenious Inventions Helped Build Her Impressive Net Worth
Here’s a look into how one invention put Joy Mangano on the path to becoming a millionaire. What's her net worth?
Is Target Cheaper Than Walmart? Comparing the Retailers’ Prices
Finding the best prices is a huge priority for many shoppers. Is Target cheaper than Walmart? Let's compare the retail giants' prices.
Ryan Cohen’s RC Ventures Buys 100,000 GameStop Shares
GameStop chair Ryan Cohen’s venture capital company just made a big purchase of GameStop shares.
GME Stock Trends on WallStreetBets — Is Another Frenzy About to Unfold?
Rumor has it, WallStreetBets traders have started investing in the struggling retailer once again. Will we see another surge in GameStop stock?
Is Kohl's Stock Delisting? Retailer Mulls Buyout Offers
U.S. retailer Kohl’s (KSS) says that buyout offers are rolling in. Will the publicly traded company delist for a sale? Here's what to expect.
How Nordstrom Became a Global Fashion Retail Company
Nordstrom has become one of the biggest companies in the fashion industry, selling a variety of clothing products. Who owns Nordstrom?
Wayfair Is Making Its Biggest Bet on Physical Retail Yet
People searching for furniture and home goods often come across Wayfair's website. Does the retailer have physical stores?
WallStreetBets or Ryan Cohen: Who Saved GameStop?
GameStop is now a debt-free company with reasonably sound financials. Did WallStreetBets or Ryan Cohen save GameStop? Here's what we know.
The Rise and Fall of Pets.com Explained
Despite the potential of being the Amazon of pet supplies, Pets.com failed — so what happened to the website founded by Greg McLemore and where is he now?
GameStop Stock Short Squeeze — What Happened in 2021?
It's tough not to talk about GameStop, meme stocks, and WallStreetBets in one breath. What happened with the GME short squeeze in 2021?
Costco 40th Anniversary Scam Targets Shoppers Through Promotions
There's a new scam going around trying to get information from shoppers. Its called the "Costco 40th Anniversary Scam." Here's how to spot it.
Costco Membership Benefits — Are They Worth the Annual Fee?
Costco memberships cost either $60 or $120 annually and offer lower prices on bulk groceries as well as tires, glasses, gasoline, and more. Is a Costco membership worth the fee?
GameStop Partners With Immutable X for NFT Marketplace
GameStop has partnered with Immutable X to soon launch its highly anticipated NFT marketplace. Where can you buy Immutable X crypto?
How Costco Affords To Sell Gas 20 Cents per Gallon Cheaper Than Average
Why is Costco gas cheaper? Is Costco gas good? Are Costco gas stations open 24 hours a day? Here's more about the wholesaler’s gasoline offerings.