Dominick Reuter

The basic plan now costs $9.99, while the 4K premium service costs $19.99 in the US. Canadian plans saw similar increases as well.

“The biggest problem we have in Wisconsin right now is employers not being able to find enough workers,” Johnson told local media.

The average price of a gallon of regular gas has reached record highs in Los Angeles, with some stations reportedly charging as much as $7.

“A 20-day transit would be somewhere around 65 days, then it’s 35. And then it’s back to 80,” one industry expert said.

Shoppers could find relief from rising prices and inflation in the coming months, as companies return to sales to offload overstock.

The founder of a website connecting teen babysitters and sports instructors with families in the Hamptons says his services are competitively priced.

A $13.5 million purchase of a North Dakota potato farm is drawing outrage and legal scrutiny.The buyer, Red River Trust, is tied to billionaire Bill Gates, the largest farmland owner in the US.Billionaire philanthropist and America’s largest farmland owner Bill Gates has apparently bought a potato farm in North Dakota, and local residents aren’t too happy about it.I’ve gotten a big earful on this from clear across the state, it’s not even from that neighborhood, Agricultural Commissioner Doug Go…

Workers and internal documents suggest the SoftBank-backed online mental-health provider put growth ahead of patient safety.

Car crashing into stores and other buildings kill or injure thousands of people. Thieves intentionally cause nearly one in 10 storefront collisions.

The US job market still has two openings per unemployed worker, so retailers are spending big to keep the ones they have and win new hires over.

A three-plus year suspension of student loan payments is set to come to an end in October after the Supreme Court ruled last month that President Joe Biden’s loan forgiveness plan was unconstitutional.Economists expect the change will slow consumer spending as the additional expense will force millions of borrowers to adjust their budgets.Retailers are already bracing for the shift, which analysts at Morgan Stanley project will affect nearly every company — some more than others.One in ten adult…

Macy’s said US consumers have less cash to spend, and are choosing experiences over products.Lowe’s said homeowners are doing well, but fewer are taking on projects themselves.American households continue to dial back spending on non-essential products as their cash reserves dwindle and credit card balances rise.The shift presents a challenge to retailers that sell discretionary merchandise like apparel and home goods.Macy’s, Dick’s Sporting Goods, and Lowe’s each sounded alarm bells on Tuesday…

Dick’s Sporting Goods reported a 23% decline in quarterly profits, due in large part to theft.CEO Lauren Hobart called shrink an increasingly serious issue impacting many retailers.Dick’s Sporting Goods is the latest retailer to reveal the financial impact of retail theft on its business.The company posted a 23% decline in quarterly net profits compared with the same period last year, attributing a significant portion of the shortcoming to unexpectedly high rates of inventory shrink.The impact o…

Retailers like Target, Dick’s, and more say theft is taking a bigger bite out of earnings this year.Tractor Supply Co.’s CEO says retail crime is a major problem, but his company is bucking the trend.For Target, it’s an additional $500 million this year. For Dick’s Sporting Goods, it’s one third of the decline in the company’s merchandise profit margin last quarter.All told, inventory shrink cost retailers nearly $100 billion last year, per the National Retail Federation.Shrink is an accounting…

Retail executives generally agree that retail theft is worse than they’ve ever seen.Even so, leaders from Costco, Lowe’s, Best Buy, and Tractor Supply have said their businesses aren’t so affected.Dozens of retailers have warned investors in recent months that an increase in inventory shrink — driven primarily by retail theft — is taking a bigger bite out of profits this year.Organized retail crime is worse now than I’ve ever seen it, Tractor Supply CEO Hal Lawton told Insider in August.I’ve nev…

The National Retail Federation has retracted a key stat about the impact of organized retail crime.A report published in April erroneously said ORC represented nearly half of inventory shrink.The National Retail Federation just confirmed what many have suspected — reliable stats about organized retail crime are hard to come by.In a remarkable reversal, the industry group has retracted a key statistic about the impact of organized retail crime (ORC) in 2021 after it could not support the figure w…

Walmart quietly reduced its store count in 2023 even though the company was doing really well.In addition to closing underperforming stores, the retailer sold 79 Moosejaw and Bonobos locations.Last year was unquestionably a good one for Walmart, with the retail giant showing respectable performance across nearly every aspect of its business.The coming year is also set to be a big one for the company, due in large part to the kickoff of an expansion plan that will see 150 new or upsized Walmart l…

The price of gold has beaten all expectations for the year, and the forces driving it higher don't seem to be easing off anytime soon.

Amazon CEO Andy Jassy said in a memo to employees the company was returning to "the way we were before the onset of COVID."

Walmart is testing tech that lets employees use an app to unlock anti-shoplifting displays — a move that could lead to shoppers having access too.