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Business Insider Latest Story Image
3 mins read

Two luxury rivals are joining forces — and Amazon is getting in on the action

Saks Fifth Avenue's takeover of rival department store company Neiman Marcus for $2.65 billion show…

Madeline Berg   


Business Insider Latest Story Image
2 mins read

Amazon Outlet is the retailer's best-kept secret. I've saved hundreds of dollars buying name-brand products for over 50% off.

I've saved hundreds on toys, gifts, and home furnishings through Amazon Outlet, which often offers …

Jessica Steinhoff   


Business Insider Latest Story Image
2 mins read

Ikea was losing 60,000 employees a year. Here's how the retailer worked to fix its staff turnover problem.

Ikea tackled high employee turnover rates by increasing wages and offering workers more flexibility…

Erin Snodgrass   


Business Insider Latest Story Image
1 min read

Amazon Fresh is the latest retailer to cut prices to win over inflation-weary shoppers

Amazon Fresh's stores and website will offer discounts of up to 30% on 4,000 items as inflation kee…

Alex Bitter   


Business Insider Latest Story Image
4 mins read

Shoplifting's biggest enablers might be the retailers themselves

Retailers keep talking about the scourge of shoplifting. But their own staffing shortages and polic…

Alex Bitter,Dominick Reuter   


Business Insider Latest Story Image
1 min read

A grocery chain says it's facing a rise in 'fraudulent coupons' as social media users brag of huge discounts on their shopping

At one Sainsbury's store visited by BI, a sign told customers to expect delays as the chain seeks t…

Grace Dean   


Business Insider Latest Story Image
3 mins read

The luxury outlook in China just keeps getting worse

Gucci's parent company said on Wednesday that it continued to see a "deceleration" in Asia-Pacific …

Lian Kit Wee   


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3 mins read

Saks Fifth Avenue in San Francisco will require all shoppers make an appointment. The controversial move could solve a major headache.

Luxury retailer Saks already uses an appointment system at its "Club" boutiques, and the change cou…

Dominick Reuter   


Business Insider Latest Story Image
3 mins read

I went shopping at Express and saw firsthand why the retailer has filed for bankruptcy

Express has been a clothing staple in US malls for years. I went to check out the clothes and what …

Jordan Hart   


Business Insider Latest Story Image
7 mins read

When it comes to shopping, the ultimate status symbol is IRL

E-commerce has gobbled up everything in retail, but in the luxury space, consumers still prefer sho…

Emily Stewart   


Business Insider Latest Story Image
2 mins read

Rolex resale prices will likely continue to fall — and that could make it easier to buy a new one

A Morgan Stanley analyst said it's "unlikely that secondary prices will stabilize in the near futur…

Dominick Reuter   


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2 mins read

Amazon could help fix its troubled grocery business — by expanding it

Professor Dhruv Grewal says that Amazon needs another chain with a less expensive reputation than W…

Alex Bitter   


Business Insider Latest Story Image
1 min read

How much the typical worker makes at 19 retailers, from Amazon to Walmart

So, to get a picture of what the typical worker makes in a year at various retail brands, Business …

Dominick Reuter   


Business Insider Latest Story Image
1 min read

LA Sheriff says it busted a retail crime ring with millions of dollars of stolen medication and personal care products

LA officials arrested eight in connection with a crime ring they say stole millions of dollars of i…

Dominick Reuter   


Business Insider Latest Story Image
2 mins read

The top-selling US Prime Day products were random house things

The 48-hour sale has become not just a bellwether for Amazon, but for the retail industry.

Lian Kit Wee   


Business Insider Latest Story Image
2 mins read

Global IT outage hits Starbucks mobile-order system and card payments at businesses

Some retailers and fast-food chains are limiting their operations and only taking cash payments fol…

Grace Dean   


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1 min read

McDonald's $5 meal deal is working, and it shows how hungry diners are for value deals

McDonald's, Starbucks, Chili's, and Burger King are among the restaurants that have added new value…

Alex Bitter   


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1 min read

Walmart heir Rob Walton is stepping down from the retailer's board after four decades

Rob Walton first joined Walmart in 1969, served on the board for more than 40 years, and will step …

Dominick Reuter   


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2 mins read

China's Zara rival is expanding — and it's setting its sights on London and NYC next

Urban Revivo plans to launch 20 international stores next year, the company's CEO told Nikkei.

Lian Kit Wee   


Business Insider Latest Story Image
1 min read

I worked at Sephora for 11 years. Here are my favorite products under $20 at the retailer.

Online beauty sales are expected to grow by nearly 50% through 2027, but it can be hard to choose t…

Nora Candreva