CNBC | Retail Business Headlines

Coupang dispute fuels new U.S. tariff pressure on South Korea
Mon Aug 31 6:00 am
South Korea's dismissal of Congress' allegations that it discriminated against U.S.-based Coupang is straining the country's ties with the U.S., sources said.
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Trump-promoted Freedom Fuel stations sold gas a distributor says went unpaid for
Sun Aug 30 2:06 pm
A federal lawsuit claims that fuel distributor KRSM failed to pay for $4 million worth of fuel, some of which the company sold to the Freedom Fuel network.
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The 'choose your own adventure' earnings: Why retailers are handling tariff refunds so differently
Mon Aug 31 10:12 am
Retailers have diverged on how they've reported tariff refunds in their earnings this quarter, with some choosing to lower prices and others boosting margins.
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CEO of buy now, pay later giant Affirm says high gas prices are hitting U.S. shoppers
Fri Aug 28 4:09 pm
The national average price for gas is at $4.09 per gallon and was last below $3 on March 2.
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This beaten-down retailer just surged 35%. Jim Cramer says to pounce on the next pullback
Thu Aug 27 6:49 pm
CNBC's Jim Cramer said Thursday Abercrombie & Fitch still looks attractive, though he'd wait for the shares to cool off before buying.
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Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand
Thu Aug 27 5:54 pm
Gap announced a new CEO for Old Navy on Thursday as the brand reported a decline in comparable sales for the most recent quarter.
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Best Buy beats quarterly estimates and hikes its outlook, but stock falls
Thu Aug 27 9:48 am
Best Buy raised its full fiscal-year outlook on Thursday after reporting a stronger-than-expected first-half performance.
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The post-penny economy: How cash rounding and credit card surcharges are changing what you pay
Wed Aug 26 12:58 pm
More merchants are rounding change for cash purchases to the nearest nickel due to the end of penny production, or adding surcharges to credit card transactions.
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Dick’s Sporting Goods just had its worst day ever. Here's Jim Cramer's advice on the stock now
Tue Aug 25 6:47 pm
CNBC’s Jim Cramer said investors shouldn’t give up on Dick’s after its record 30% plunge.
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Dick's Sporting Goods stock falls 30% as retailer misses expectations, cites 'challenging' footwear market
Tue Aug 25 4:38 pm
Dick's Sporting Goods reported fiscal second-quarter earnings on Tuesday that missed Wall Street expectations amid what it called a "challenging" environment.
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Ukraine is targeting Russia’s retail giants. Ozon is the next economic pressure point
Tue Aug 25 6:20 am
Kyiv says the attacks are aimed at disrupting Russian supply chains and inflicting further pressure on Putin's wartime economy.
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Shein targets $27 billion Hong Kong IPO — a fraction of its 2022 valuation
Tue Aug 25 1:58 am
Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday.
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