Retailers

GameStop Will Start Paying Some Employees With Meme Stock

Photo: Michael M. Santiago (Getty Images)GameStop, a very coherent and logical company that sells physical video games but also fluffy toys, worthless NFTs and the promise of a get-rich-quick scheme, just announced an “improved compensation” scheme for the most senior employees of its bricks-and-mortar video game stores.In a memo sent to employees earlier today—and shared …

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The ‘lipstick index’ is back — and retailers are trying to cash in

Target has added new brands to its beauty department. At a growing number of stores, it also has mini Ulta Beauty shops with prestige brands.Melissa Repko | CNBCAs prices creep up, some people have decided against getting a new outfit, delayed big purchases like TVs or cancelled Netflix accounts.But for now, they’re still splurging on …

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3 reasons why executives are leaving retailers from GameStop to Gap

Shoppers explore a mostly empty mall in Columbus, Ohio.Matthew Hatcher | Getty ImagesDon’t expect the stream of departures from retailers’ C-suites to stop anytime soon.Already this year, Gap and Bed Bath & Beyond abruptly replaced their CEOs as the companies’ sales plunged. GameStop fired its chief financial officer in the middle of the video game …

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Retailers weigh cost of paying customers to keep unwanted items

Check out what’s clicking on FoxBusiness.com. Some retail chains are considering paying customers to keep their unwanted items instead of returning them as stores struggle with holding on to too much inventory. Target, Walmart, GAP, American Eagle and other major retailers have too much inventory of workout clothes, jackets, hoodies, garden furniture and toys, among …

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