Retail

Target shares were down 1.5% Monday as investors tried to gauge how much the retailer could’ve lost in sales when its cash registers stopped working over the weekend.

Apple is reportedly preparing three new iPhones to launch in 2020, including two with 5G support provided by Qualcomm, according to TF International Securities analyst Ming Chi Kuo.

Americans opened up their wallets in the month of May which is complicating policy decisions for the Federal Reserve. Steve Liesman reports.

Chewy priced 46 million shares at $22 apiece, above the indicative range of $19 to $21 that it had given. The amount of stock offered in the deal was 5 million more than expected, and raised $1 billion.

How is the retail industry affected by the U.S. tariff trade war with China? Many retailers are watching this situation very closely and even there is a tariff strategy emerging. Seema Mody has more for us.

Target is bringing its same-day delivery option to the masses — the latest move in an ongoing delivery war involving the big-box retailer, Walmart and Amazon.

Former Sears Chairman and CEO Eddie Lampert delivered a letter Thursday to presidential candidate Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez saying accusations that he has not paid severance to Sears employees laid off in the wake of the retailer’s bankruptcy are based on “false” reports.

Best Buy has a new CEO and she is determined to pick up where the last chief executive left off. Rahel Solomon reports.

Best Buy’s new CEO, Corie Barry, officially took the helm of the electronics retailer on Tuesday.

The company has pulled off an impressive turnaround under Barry’s predecessor, Hubert Joly.

There will be a new Amazon credit card for prime members with bad credit or no credit history. What’s the pros and cons of the new Amazon Credit Builder? Greg McBride, who’s a chief financial analyst at Bankrate, joins us with his assessment on this credit card.

Synchrony Financial and Amazon are partnering on a credit card for Prime members who might not have good enough credit to get one otherwise.

The world’s largest retailer, Walmart, will now be doing home delivery of fresh groceries to its customers’ homes. But, we look back at many of these Walmart new initiative programs that don’t last that long. Courtney Reagan reports.

Activist firm Elliott Management announced Friday it plans to acquire bookseller Barnes & Noble for roughly $683 million, including debt.

Walmart, Target, Costco and America’s dollar stores are thriving today, while other retailers flounder, Bank of America says.

Best Buy has dodged death, but for how long?

In April, the company handed over the CEO job to CFO Corie Barry. Her predecessor, Hubert Joly, had engineered a turnaround that surprised Wall Street and inspired other struggling retailers.