REI, the shopping mecca for outdoor enthusiasts, has balked at recognizing its newly unionized workers. They accuse the retailer of breaking labor laws, which the company denies.
The retailer, which also owns the BuyBuy Baby chain, has lost shoppers and money after a series of ineffective or mistimed turnarounds. It plans to close stores.
The retailer once triumphed over rivals as a "category killer" with its blue coupons. Now, it's become rudderless, turbulent and broke. Here's what happened.
Boy, have we talked a lot about inflation. It affected every part of our lives (and the economy) in 2022. Here are some of its highest highs and lowest lows. (It wasn't all bad news!)
Retail sales declined 0.6% in November compared to October, the biggest decline in almost a year. For once, declining prices seem to be part of the story.
Shoppers are expected to spend a record amount of money this year because nearly everything is more expensive. There are some relative bargains, if you know where to look.
Remember when we couldn't get enough athleisure? Or pajamas? Now, the hottest question for clothing retailers is whether they've got an "inventory glut." For shoppers, this means discounts.
Supply chain disruptions have eased since the height of the pandemic, but concern over a potential rail strike, which appears to have been narrowly averted, highlights how that system remains fragile.
