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The Strange Pull of Costco
The Strange Pull of Costco

The Strange Pull of Costco

The New York Times explores what makes up the superstore's special sauce for consumers

(Newser) - While most Americans know what the inside of a Costco looks like, the company still holds a bit of mystique. With no media relations office and execs who tend to avoid press, the inner workings of the superstore are tucked firmly behind the curtain as it sails on its reputation...

Even Retailers Are Fed Up With Self-Checkout

Automated kiosks double theft rates, among other issues

(Newser) - Self-checkout machines aren't only annoying customers, Quartz reports, as a growing number of large retailers have begun rethinking the costly tech. Last year, companies like Target, Walmart, Dollar General, and British grocer Booths have pared down (and in some cases eliminated) how the automated systems work in their chains,...

Holiday Sales Takeaway: 'The Consumer Showed Up'

Sales were up 3.1% in November and December

(Newser) - The holiday shopping season is in the books, and retailers will likely be relieved, the New York Times reports. Retail sales were up 3.1% compared to last year between Nov. 1 and Dec. 24, according to stats released by Mastercard SpendingPulse. "This holiday season, the consumer showed up,...

Online Shoppers, Today Is Your Big Day

With Black Friday, it's on to Cyber Monday, wrapping up 5-day Cyber Week for holiday shopping

(Newser) - Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday. Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday—a term coined back in 2005 by...

Retailers Boost Discounts to Lure Hesitant Shoppers

Economic uncertainty is affecting spending habits on Black Friday

(Newser) - Stores stepped up discounts and other enticements on Black Friday to entice shoppers holding out for the best deals. But retailers worry those may not be enough, per the AP . Consumers are coming under pressure as their savings dwindle and credit card debt grows. And although they've gotten some...

Retailers Steel for What May Be a Holiday Mixed Bag

Consumers seem set to spend on Black Friday, but how much, how long after that remains a question

(Newser) - The holiday season is a critical one for many US retailers, and with Black Friday just two days away, it appears consumers are gearing up for a shopping spree: According to the National Retail Federation, about 182 million people are expected to open their wallets online and at brick-and-mortar stores...

Amazon Is Doubling Down on Prime Day

There'll be another sale next month, the first time company has had 2 in one calendar year

(Newser) - If one Amazon Prime Day in 2022 wasn't enough for you, you're in luck: On the heels of its annual summer sale exclusively for Prime members, Amazon is hosting another one next month. The 48-hour preholiday event, called the "Prime Early Access Sale," will take place...

Walmart: Here's Our New Black Friday Plan

For one thing, its deals will be spread over 3 weekends

(Newser) - Walmart says it will spread out its traditional one-day Black Friday deals over three weekends in November in an effort to reduce crowds in its stores during a pandemic, the AP reports. The nation's largest retailer said Wednesday that more of its doorbuster deals will be reserved for online,...

Man Who Used KKK Hood as Face Mask Is Off the Hook

Police say their hands are tied after supermarket incident in Santee, Calif.

(Newser) - A white man pictured wearing a Ku Klux Klan hood at a supermarket near San Diego will not face charges. An investigation into the May 2 incident at the Vons in Santee didn't uncover enough evidence for police to pursue charges, the San Diego County Sheriff's Department said...

Macy's to Reopen Dozens of Stores, With Changes

Temperature checks, masks for workers will now be part of the work environment

(Newser) - Dozens of Macy's stores, closed since March 18, are set to reopen Monday. The company plans to have 68 of its 775 department stores reopened by the start of next week, with limited hours of 11am to 7pm. These are in states that have loosened restrictions. A quarter of...

How 49 Malls Will Manage to Open by Monday

Simon Property Group reopening them in 10 states

(Newser) - Some of the urinals will apparently be taped off, but shoppers in 10 states should be able to return to 49 malls operated by Simon Property Group between Friday and Monday. Several media outlets have obtained an April 27 memo put out by the company and shared with retailers that...

Costco Draws the Line on Customers

The retail giant limits how many shoppers can enter on a membership card

(Newser) - Costco shoppers, take note: The retail giant says starting Friday it will only allow up to two people inside stores on each membership card, USA Today reports. The company—which has seen huge lineups amid waves of panic buying— announced Wednesday that the "temporary change is for your safety...

'Panic' Buying Hits US Stores
'Panic' Buying Hits US Stores
the rundown

'Panic' Buying Hits US Stores

Shoppers stock up amid COVID-19 fears

(Newser) - Plan to go shopping today? Get ready for a lineup. Multiple media outlets are reporting on big crowds nationwide at chain stores including Target, Costco, and Walmart. "We saw the line around the block and we thought the world had gone mad," a Costco shopper in Lawndale, Calif....

'Extremely Unique' Mall Now Open for Business—Kind Of

Owners of American Dream in New Jersey want it to compete with Disney, other tourist attractions

(Newser) - Fifteen years after construction first began, the Xanadu mall is open. Except the new name for the "extremely unique" $5 billion project in East Rutherford, NJ, is American Dream, and publicists prefer to call it not a mall, but a "style and entertainment destination." The grand opening...

Costco's China Opening Descends Into Chaos

Store says it will limit numbers in future

(Newser) - Amid the US-China trade war, one American business had an extremely popular launch in China on Tuesday. Maybe too popular. Costco had to close its first location in the country early on the afternoon of its opening day amid scenes resembling Black Friday chaos, the BBC reports. Video from the...

'Hot Costco Dad' Rocks the 'Net
Guy's Shopping Video
Nets 6.5M Hits

Guy's Shopping Video Nets 6.5M Hits

But Tom Musto seems humble about the sudden attention

(Newser) - A lot of people are feeling the love for Tom Musto—and you have to see this to know why. The California dad appeared in a Twitter video last Sunday gushing over the prices from his first trip to Costco, Fox News reports. "Nine dollars!" he exclaims, holding...

Nordstrom Takes Heat for Pricey, Shabby Sneakers

Some say the $530 Golden Goose footwear mocks poverty

(Newser) - If you can afford to lay out more than $500 for a new pair of kick-around shoes, you likely want a pair that looks clean. Nordstrom is banking on just the opposite, however, by stocking Golden Goose's Superstar Taped Sneaker . The shoe is described as "a distressed leather...

Bad News for Iconic Store
Iconic Store Is Saying Goodbye

Iconic Store Is Saying Goodbye

Henri Bendel department store in NYC is going out of business after 123 years

(Newser) - Shop on Fifth Avenue? Neither do we, but still: The iconic Henri Bendel department store will soon be gone along with its e-commerce business and 22 other brick-and-mortar locations, People reports. Parent company L Brands is making the move amid increasing retail competition and plummeting company stocks, which fell 55%...

Prime Day Is Full of Secrecy. Here's What Has Been Revealed

A guide to the 4th annual extravaganza

(Newser) - Amazon's "epic day (and a half)" is here: The 4th Prime Day began at 3pm ET Monday and will run 36 hours, up from last year's 30. Or, for some would-be customers, a portion of 36 hours: Some shoppers ran into issues accessing the site right after...

Kohl's Will Take Your Amazon Returns Starting Next Month

In LA and Chicago, at least

(Newser) - Good news for Amazon shoppers who hate having to deal with returns: Kohl's is starting to accept certain Amazon returns in certain stores. Starting in October, select merchandise will be accepted at 82 stores in Los Angeles and Chicago, Reuters reports. There will be no charge for returning items...

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