Target offered disappointing third-quarter earnings results Wednesday, Nov. 20, as it looks ahead to the holiday shopping season. After lowering prices on thousands of items in recent months to lure shoppers, it has now lowered its expectations for the year. This was in contrast to Walmart, which raised its annual forecast just 24 hours earlier.…

Walmart says it’s ready for the holiday season. The largest retailer in the nation released its third-quarter earnings report Tuesday, Nov. 19, with the keyword being “momentum.” Walmart executives used the word nearly a dozen times during the call to describe the company’s position heading into the biggest shopping period of the year. The retailer…

The holiday shopping season is upon us, and whether you’re looking for the perfect gift or ingredients for a delicious holiday meal, one health group is warning that you might want to be careful where you shop. The nonprofit Toxic-Free Future, which specializes in environmental health research and advocacy, released it latest Retailer Report Card…

Annual consumer price inflation in October heated up a hair at 2.6%, bringing concern disinflation may have stagnated too far away from the Federal Reserve’s 2% target. In September, consumer prices rose 2.4% on an annual basis. Bank of America economists said ahead of Wednesday’s report, “Inflation is moving sideways after a period of substantial…

A New York City judge ruled Tuesday, Oct. 19, that the process used by the state of New York and New York City to shut down illegal cannabis shops is unconstitutional. Under the program “Operation Padlock to Protect,” more than 1,200 cannabis shops were inspected and shut down across New York. New York City Mayor…

With exactly one week until Election Day, we’re hearing more of the fallout from a comedian’s controversial comments amid the big push by both presidential campaigns in key battleground states. And details on what happened during a U.N. Security Council meeting requested by Iran after Israeli air strikes over the weekend. These stories and more highlight your Unbiased…

The Federal Trade Commission’s rule to make it easier for consumers to cancel subscriptions is already facing a legal challenge. The final “click-to-cancel” rule was announced last week and industry groups representing companies that rely on subscription revenue filed an appeal on Wednesday, Oct. 23.  Click-to-cancel requires retailers, gyms and other subscription-selling companies to make…

The Federal Trade Commission announced Wednesday, Oct. 16, its final “click-to-cancel” rule, targeting businesses that make it difficult for customers to cancel subscriptions and memberships. The rule requires retailers, streaming services, gyms and other subscription-based sellers to “make it as easy for consumers to cancel their enrollment as it was to sign up.” In March…

Halloween 2024 is still weeks away but that hasn’t stopped people from getting ready for it. According to a recent survey of nearly 8,000 people by the National Retail Federation, 47 % began their Halloween shopping before October, up from 32% just 10 years ago.  What’s the reason for the Halloween head-start? Most (48%) say…

Another once strong American retail chain is set to fall to one store in the U.S., not dissimilar to the fall of Blockbuster. Discount department store Kmart plans to shut the doors of its last full-size store in the U.S. The Long Island location will close on Oct. 20, leaving just one smaller Kmart left…