Hayley Peterson

In-N-Out Burger has been teasing the East Coast with rumors of expansion for years.

Evidence is mounting that Amazon’s next headquarters, dubbed “HQ2,” could land in an area of Northern Virginia where the company has been quietly expanding.

Walmart-owned ModCloth is opening stores across the country. Unlike at a traditional retailer, the store will allow shoppers to try on a full range of sizes, which they can then order online.

Zachariah Vargas was six hours into his shift delivering packages for Amazon.He was about to drop off a package when he accidentally slammed the door of his truck on his hand. The door clicked shut, trapping his middle and ring fingers.Once he freed his fingers, the blood began to pour. Both of Vargas’ arms started to shake involuntarily. The lacerations were deep. Vargas thought he glimpsed bone when he wiped away the blood.Panicked, Vargas called his dispatch supervisor, who was working at a n…

An estimated one in six students is buying school assignments from “essay mills.”

Walmart projected losses of more than $1 billion for its US e-commerce division in 2019, according to a new report.

Sears has laid off 250 employees at its headquarters in Hoffman Estates, Illinois, according to a company filing.

Walmart is launching its holiday sales earlier than ever before and touting its new offer of free, next-day delivery as it prepares for a short shopping season.The company said Wednesday that it would start offering online “Deal Drop” sales at midnight on Friday, which is about a week earlier than Walmart launched its holiday sales last year.“The holidays at Walmart will officially begin this Friday at midnight,” said Steve Bratspies, executive vice president and chief merchandising officer for…

The lawsuit, filed in 2001, claimed that Walmart systematically underpaid and under-promoted women in its thousands of stores across the US.

Francesca’s is the latest retailer to announce it is closing stores, with plans to shutter 140 locations by the end of January.

Videos and photos show overturned shopping carts, empty shelves, smashed windows, and people hauling away televisions and other expensive goods.

Amazon founder Jeff Bezos will step down as CEO on Monday. He said his willingness to face failure and take risks helped propel the e-commerce giant.

Department stores once accounted for 10% of retail sales, and now they account for less than 1%.In their heyday, they were the traffic-driving engines of shopping malls, occupying the giant spaces at mall entrances that helped adjacent smaller chains thrive. But over the years, a combination of factors including over-expansion, shifting spending habits, and the rise of e-commerce drove shoppers away from department stores. As these stores struggled, they took down hundreds of malls with them.Now…

Owning a fast food franchise can be a lucrative business. One top performing Chick-fil-A restaurant reported sales of over $17 million in 2021, more than double the average per unit sales volume for the chain, according to Chick-fil-A’s 2022 franchise disclosure document. Additionally, the average McDonald’s restaurant logs about $4 million in yearly sales. However, opening a franchise requires a hefty amount of cash to cover the startup costs. For example, you must have at least $500,000 in liq…

If you’ve ever shopped at Walmart or Costco, you’ve probably been asked to show your receipt at the door. Some customers have complained about this practice on social media. Videos posted to TikTok show people flouting receipt requests at store exits, and filming confrontations over their refusals to comply.Shoppers are not legally required to show receipts at any retailer. But refusing to show your receipt could give a store probable cause to detain you, as my colleague Gloria Dawson has report…

Tesla is by far the most popular electric car brand in the US. It basically created the EV market as we know it.Elon Musk’s startup rose to dominance on the back of four models: two SUVs and two sedans. The Tesla models’ names spell out the word “S3XY.” Leave it to Musk to sprinkle in some juvenile humor wherever possible. The Model X is Tesla’s largest SUV and its most expensive offering, judging by entry-level price. The regular Model X costs $98,490. That’s before any options or a $1,390 dest…

General Motors and Ford appear to be at odds over the use of Chinese battery technology in electric cars. GM CEO Mary Barra and her team warned members of Congress in June that Ford’s use of the technology could pave the way for China to dominate US car manufacturing, the Wall Street Journal reported. GM’s apparent rebuke of Ford’s strategy came after Ford Motor CEO Jim Farley had earlier told the lawmakers that using the technology would give the US a leg up in its EV battle with China.The batt…

Get ready for some killer sales on holiday goods.Retailers are warning that demand is slowing heading into the holiday season. Walmart said this week it’s seeing more shoppers spend only during sales events — not before, or after — and Target said shoppers are delaying more purchases. Meanwhile, credit-card delinquencies are rising, Americans are saving less, and consumer confidence is falling.All of this could be adding up to a perfect storm for some blowout Black Friday and holiday sales. The…

Wharton’s board of advisors is calling for an immediate change of leadership at the University of Pennsylvania.“In light of your testimony yesterday before Congress, we demand the University clarify its position regarding any call for harm to any group of people immediately, change any policies that allow such conduct with immediate effect, and discipline all offenders expeditiously,” the board wrote in a letter to Penn president Elizabeth Magill, according to Penn’s student newspaper, The Daily…

The Apple car is dead (apparently).The scrapped plans would be a grim sign for the EV market in the US, which has suffered from flagging demand. Apple has been working on its electric car for 10 years and is now dropping the project before ever even releasing a prototype, Bloomberg reported this week.Apple’s reported decision comes amid an EV reckoning in the US.As BI reported earlier this month, car companies are rethinking EV plans in response to softening demand for pure electric cars. While…