There was a time when $1,000 for a phone seemed absurd. Now Samsung is asking certain customers to pay more than twice that. The Samsung Galaxy Z Fold 8 Ultra starts at $2,099.99, making it one of the most expensive mainstream smartphones consumers can buy in the U.S., The Guardian reported. So what is the […]Read More

After closing dozens of stores and offloading a brand, one of the fashion industry’s best-known groups is continuing to reshape its retail footprint. The company ended its latest fiscal year with fewer stores overall, even as it continued opening locations for one of its biggest brands. The contrasting moves highlight how fashion retailers are increasingly […]Read More

Once a destination for some of the world’s most selective luxury shoppers, an iconic retailer is facing one of the biggest turning points in its nearly two-century history. Years of financial losses and mounting challenges have put the business under serious pressure, with its owner warning that it could not survive much longer without new […]Read More

Pandora (PNDORA) just told investors it will keep replacing silver in its jewelry, even though silver’s price has fallen significantly from its record high. That decision surprised some market watchers. When the price of a material drops, most companies take the cost savings and move on. Pandora is doing the opposite. The Danish jeweler wants […]Read More

There’s a reason so many people liken shopping at Costco to going on a treasure hunt. When you roam the aisles, you never quite know what you’re going to find. Costco’s own executive team uses the phrase “treasure hunt” frequently. The company intentionally tries to keep its inventory interesting so members are inspired to come […]Read More

Target’s improving sales trends are giving investors more reason to believe the retailer’s turnaround is taking hold, but Bank of America still sees a difficult setup for the stock heading into second-quarter earnings. Target (TGT) is scheduled to report results on Aug. 19, and expectations have climbed since its better-than-expected first quarter. The retailer posted […]Read More

Target (TGT) has spent the past year trying to convince shoppers and investors that its turnaround is real. On Tuesday, it made a move to prove it. The retailer named its first-ever chief artificial intelligence officer, pulling a senior executive away from a direct rival to run the job.  It also promoted a second leader […]Read More

Dick’s Sporting Goods stock (DKS) got a fresh vote of confidence from Wall Street this week, and the timing is unusual. The upgrade landed just two weeks before the company reports earnings that the same analyst expects to look weak. That mismatch is the whole point. Wells Fargo is telling investors to look past a […]Read More

Is Ryan Cohen giving up on eBay? Not according to Bloomberg’s Monday, Aug. 10, report, but the ambition has clearly shrunk. Six weeks ago, Cohen told Bloomberg TV he was coming for eBay “one way or another.” Now, people familiar with the matter tell Bloomberg that GameStop’s CEO is weighing whether to withdraw his $56 […]Read More

Burger King is back in second place. The chain has passed Wendy’s to become the second-largest US burger brand by systemwide sales, a spot it lost six years ago.  McDonald’s still holds first place by a wide margin. The change showed up in the latest earnings from parent company Restaurant Brands International (QSR), and it […]Read More