retail

mroach

Man Stole $11,000 In Stuff From Home Depot, Then Returned It All For Refunds

Most practitioners of the “hot exchange” — the retail grift where a fraudster steals an item then “returns” it to the store for a refund — are happy to chisel away a criminal living, earning $50 here, $100 there. But one Texas man was thinking big when he stole — and then returned — more than $11,000 from Home Depot stores. [More]

1nelly

Bass Pro Shops Is Still Buying Cabela’s, But For Less Money

Since the $5.5 billion deal where Bass Pro Shops agreed to acquire Cabela’s was announced last October, a few things related to the deal have changed. Now the companies have announced that the deal is going forward, but at a price cut of $4 per share of Cabela’s, and the addition of a middleman in the sale of its credit card operations to Capital One. [More]

Mike Mozart

Amazon Reportedly Exploring Purchase Of BJ’s Wholesale

After decades of being the face of online-only retail, Amazon is increasingly inching into the bricks-and-mortar world: pop-up stores; planned supermarkets without checkouts; a reported interest in buying Whole Foods — and now the possible acquisition of BJ’s Wholesale Club. [More]

Google Maps

Rue21 Closing 400 Stores, Focusing On Online Sales

Teen retailer Rue21, which has been the subject of recent bankruptcy rumors, has decided to shutter 400 stores and put more of its attention to online sales. [More]

Walmart Looks To Improve Its Wardrobe With Possible Purchase Of Men’s Retailer Bonobos

Walmart Looks To Improve Its Wardrobe With Possible Purchase Of Men’s Retailer Bonobos

You know that part of every “ugly duckling” movie where the protagonist goes through a head-to-toe makeover in a matter of minutes? That describes the last four months for Walmart, which has revamped its wardrobe with the purchases of ShoeBuy, ModCloth, and even MooseJaw. And it’s apparently not done with apparel, with a possible purchase of online men’s retailer Bonobos in the offing. [More]

Joachim Rayos

Retail Continues To Suffer As Sales Decline For Second Month In A Row

For the first time in nearly two years, retail sales declined two months in a row, highlighting once again the current challenges facing a retail industry that has suffered a number of bankruptcies and store closures so far in 2017. [More]

rob_rob2001

McDonald’s Manager Arrested For Refunding $3,800 Worth Of Big Macs … To Herself

Each day, fast food managers around the world refund money to unhappy customers, but one burger-brained McDonald’s manager realized she could issue a fake refund for a Big Mac and pocket the money… Then she did it nearly 1,100 times. [More]

saguarosally

JCPenney Postpones Store Closings Because People Are Shopping There Again

Two months after JCPenney announced it would shutter 138 stores across the country amid falling sales, the company says it is delaying those closings as customers have apparently started shopping with the retailer again.  [More]

(Mike Mozart)

Walmart Greeter Says He Was Fired After Turkey Wandered Into Store

Have you heard the one about the turkey that wandered into a Wisconsin Walmart? Oh, it’s not a joke, it really happened last month, and now the greeter for the store says he’s been fired over the incident.  [More]

Target Recalls 560,000 “Hatch & Grow” Easter Toys Over Ingestion Hazard

Target Recalls 560,000 “Hatch & Grow” Easter Toys Over Ingestion Hazard

If you bought a Hatch & Grow Easter egg or Dino toy from Target for your child’s basket this weekend, you might want to make alternative plans: Target has recalled 560,000 of the toys as they pose an ingestion hazard that can only be remedied with surgery. [More]

H&M

You Might Be Shopping At An H&M Store And Not Even Know It

Just like you might not know that your ranch dressing, lip balm, and drain cleaner are all owned by the same company, you could soon be buying clothes from multiple stores, all owned by fast fashion mega-retailer H&M. [More]

Mike Mozart

Payless Delays Severance Pay For Employees Until At Least May 9

Employees of Payless ShoeSource who lost their jobs before the company’s bankruptcy filing have received some really difficult news: They won’t be receiving their severance payments for at least another month, as the company waits for its next hearing in federal bankruptcy court. [More]

Mike Mozart

Walmart Adds Discount For Shopping Online, Picking Up In Store

Shopping online and being able to pick up your purchase at the store is a minor convenience, but you still have to drive to the store, wait to be served, get your package, and drive home — and you may have paid more than you would at Amazon or some other online-only retailer. So to make this option more attractive to shoppers, Walmart.com will be discounting millions of items if you purchase them for in-store pickup. [More]

GoPro Tries To Combat Buyer’s Remorse With Trade-In Program

GoPro Tries To Combat Buyer’s Remorse With Trade-In Program

Did you spend hundreds of dollars on a GoPro camera only a couple of years ago, only to see better (and sometimes less-expensive) miniature action cameras hit the market? For folks looking at their expensive, outdated GoPro and having regrets, the company is launching a trade-in program. [More]

WKYT

hhgregg Stores Are Closing After Bankrupt Retailer Can’t Find Buyer

Up until 5 P.M. on Friday, appliance retailer hhgregg was waiting for a buyer to swoop in and save it from liquidation. The appliance, electronics, and furniture retailer could find someone to buy its business as a going concern, keeping at least some of its stores open, or it could liquidate and close. Store closing sales began on Saturday. [More]

J.G. Park

The Retail Sector Lost 30,000 Jobs Last Month

We’ve focused a lot in recent months on the worrisome trend of retail bankruptcies and all the stores and malls being left vacant in their wake. But a new federal jobs report gives an idea of the impact these tough times have had on workers, with nearly 30,000 retail jobs vanishing in March. [More]

L.L. Bean Introducing New Duck Boot Designs

L.L. Bean Introducing New Duck Boot Designs

For several years, L.L. Bean has had trouble keeping up with demand for its iconic duck boots, repeatedly putting the footwear on backorder . The company appears to have learned the lesson that scarcity can lend an air of desirability to a product, as it now plans to offer limited-availability variations of the duck boot. [More]

Mike Mozart

Man Locked Overnight In CVS Won’t Be Charged For Helping Himself To Snacks

If you found yourself inadvertently locked inside a CVS overnight, you could try out a bunch of cosmetics, wrap yourself in bandages and play “mummy,” or — like one Michigan man — help yourself to some food from the snack aisle. [More]