Kohl’s braces for bidders to slash takeover offers: report
Bidders competing to acquire Kohl’s are preparing to make binding offers that are lower than the indicative bids they submitted earlier this year to reflect the market...
Mayor Adams issues state of emergency to prevent baby formula price gouging
Mayor Eric Adams issued a state of emergency Sunday in hopes of curbing price gouging amid the baby formula shortage. “The nationwide infant formula shortage...
Kohl’s sales process is a ‘disaster’: sources
Dismal financial results at Kohl’s have raised concerns that the company’s auction to sell itself will be a bust – even as management continues to...
Best Buy recalls 772,000 Insignia air fryers over fires, melting
Best Buy is recalling 772,000 Insignia air fryers and air fryer ovens in the US and Canada following more than 100 reports of the products catching fire,...
Michael Kors CEO steps down in surprise shakeup
Michael Kors’ chief executive is leaving the company just seven months after taking the reins of the luxury brand — and despite the fact he...
Mask confusion reigns at shops around NYC on first day Hochul’s mandate lifted
The lifting of Gov. Kathy Hochul’s statewide mask mandate sparked confusion on Thursday — as some Big Apple shops still had signs in their windows...
Toy Fair loses major retailers over Omicron fears — but still slated for Javits Center
Cue a crying Care Bear and a sad Peppa Pig: The Western Hemisphere’s biggest trade show for toys is the latest victim of the Omicron...
Walmart and Kroger boost price of COVID-19 rapid test
The nation’s two largest retailers jacked up the price of an on-demand rapid COVID-19 test after a 100-day agreement with the White House to sell...